Volume & Flow5m / 15m CandlesComplexity: Intermediate
Relative Volume (RVOL) Institutional Surge
Scans for sudden institutional accumulation where volume exceeds 300% of average relative volume for that specific time-of-day, triggering fast breakout momentum.
Public & Generic Educational Strategy Notice: This strategy blueprint represents a publicly known mathematical formulation and standard technical analysis concept. Algo Software Innovations does NOT claim proprietary copyright, invention, or exclusive ownership over these formulas. You can adapt, customize, and deploy this logic to your private cloud VPS.
Mathematical Logic & Formula Formulation
RVOL = Current_Volume / Historical_Avg_Volume_At_Time > 3.0; Breakout = Close > 2-Day High
Deterministic Entry Rules
Long Entry (BUY)
- ✓RVOL > 3.0 and Price breaking 2-day high on 5m candle close.
Short Entry (SELL)
- ✓RVOL > 3.0 and Price breaking 2-day low on 5m candle close.
Exit Criteria & Stop Loss Protection
Initial Stop Loss1.0% from entry price.
Target Profit2.5% - 4.0% volume breakout target.
Risk/Reward Expectancy1 : 2.5
Strategy Configuration Specs
Market Segment:NSE Cash Equities (Top 500)
Candle Timeframe:5m / 15m Candles
Risk-to-Reward Ratio:1 : 2.5
Throttling Compliance:≤ 10 OPS Enforced
Required TA-Lib Indicators:
RVOL (Time-of-Day Profile)EMA (20)ATR (14)
Risk Management Controls
- •Max 2 positions simultaneously in high RVOL stocks.
Target Trader Profile:Momentum stock traders targeting intraday top gainers.