Hero Zero Strategy for Expiry Day
46sThis segment introduces a specific expiry-day strategy with a catchy name, promising a unique approach that traders can apply immediately.
▶ Play ClipThis video presents the 'Hero Zero Strategy,' a trading approach specifically designed for expiry days in the Indian stock market (Nifty, Sensex, Bank Nifty). The strategy focuses on capturing the fast momentum that typically occurs after 2:00 PM by identifying the smallest candle in the 15-minute timeframe before 2:00 PM and executing trades on a breakout of its high or low in the 5-minute timeframe.
The strategy is designed for expiry days but can be used on normal days. It relies on the fast momentum that appears in the market within 5-15 minutes, typically between 2:00 PM and 3:15 PM.
The setup is only activated after 2:00 PM. Before that, no action is taken. The strategy uses a 15-minute timeframe for setup identification and a 5-minute timeframe for trade execution.
In the 15-minute timeframe, identify the smallest candle (by high-low range) that forms before 2:00 PM (around 1:57-2:05 PM). Mark its high and low.
Switch to the 5-minute timeframe. Wait for a candle to touch and break the marked high (for bullish trade) or low (for bearish trade). A green candle breaking high triggers a call buy/put sell; a red candle breaking low triggers a put buy/call sell.
Nifty and Sensex weekly expiry is on Tuesday and Thursday. Monthly expiry for Bank Nifty, Midcap, and stocks is on Tuesday. The strategy works on these days.
On February 12 (Thursday expiry), the smallest candle before 2:00 PM was identified. Its high and low were marked. In the 5-minute chart, a red candle broke the low, triggering a bearish trade.
On February 10 (Tuesday expiry), the smallest candle was identified. In the 5-minute chart, a red candle broke the low, but the breakout occurred after 3:15 PM, which is too late for same-day expiry. The presenter advises caution in such cases.
On February 5 (Thursday expiry), the smallest candle was identified. In the 5-minute chart, a red candle broke the low, providing a good entry with a clear stop loss at the high. The trade captured significant momentum.
The Hero Zero Strategy is a simple yet effective method to capture the post-2:00 PM momentum on expiry days. Backtesting is recommended before live implementation.
"Title accurately describes the strategy and its focus on expiry days, though it slightly overpromises by implying it's a unique 'Hero Zero' concept."
What is the Hero Zero Strategy?
A trading strategy that captures fast momentum after 2:00 PM on expiry days by trading breakouts of the smallest candle's high/low.
00:02
What timeframes are used in the Hero Zero Strategy?
15-minute timeframe for setup identification and 5-minute timeframe for trade execution.
02:56
When is the setup activated?
After 2:00 PM. No action is taken before that.
01:29
How is the smallest candle identified?
By the smallest high-low range among candles before 2:00 PM in the 15-minute timeframe.
05:55
What triggers a bullish trade?
A green candle in the 5-minute timeframe that touches and breaks above the marked high of the smallest candle.
07:24
What triggers a bearish trade?
A red candle in the 5-minute timeframe that touches and breaks below the marked low of the smallest candle.
07:24
Where is the stop loss placed?
At the opposite side of the breakout: high for bearish, low for bullish.
16:07
On which days are Nifty and Sensex weekly expiries?
Tuesday and Thursday.
08:41
When does monthly expiry for Bank Nifty occur?
On Tuesday.
09:38
What should you do if the breakout occurs after 3:15 PM?
Avoid the trade for same-day expiry as momentum may be lost; consider next expiry or skip.
20:39
Timing Rule
Establishes the core rule of the strategy: no trading before 2:00 PM.
01:29Dual Timeframe Approach
Uses 15-minute for setup and 5-minute for execution, a key technique for precision.
02:56Breakout Confirmation
Requires candle to touch and break the level, not just close beyond it, ensuring validity.
07:24Stop Loss Placement
Stop loss is placed at the opposite side of the breakout, providing a clear risk management rule.
16:07Late Breakout Warning
Highlights the importance of timing; breakouts after 3:15 PM may lack momentum for same-day expiry.
20:39[00:02] session. Today we will talk about Hero Zero Strategy. Our setup today is going to be the most recent setup because today's setup is specifically for the expiry day. In this way, we can use this setup even on normal days. But today what we are going to talk about is
[00:17] specifically the expiry date. So our setup today is going to be based on Hero. Sussex we have both weekly and monthly expiry. Means, four
[00:34] expiries come here in a month. And along with this setup, there is monthly expiry in Bank Nifty. You can use it in mid cap or bankex or nifty or our stock FAO, our expiry is on monthly basis,
[00:46] and what we are going to use here means our setup will be made in 15 minutes and when we go to execute the trade, we will do it in 5 minutes. So today's video of ours is going to be very strategy
[01:00] wise. It is very innovative. So you must watch the entire video because then you will not be able to understand the setup. The setup will be a little critical but we will make the best setup from here. So let's quickly
[01:15] and if you like the video then please like and comment. So let us see here that first of all if we talk about Hero Zero setup then the most setup then the most important thing for us is timing, at which
[01:29] timing our Hero Zero setup is created. Can it be completed in full time? No, because we know that Hero Zero means that fast momentum which comes suddenly in the market within 5-10 minutes or 15 minutes.
[01:45] Generally we see that between 2:00 pm to 3:00 pm, between 2:00 pm to 3:00 pm or 3:15 you can say it. Isn't it? That between 3:15 we get to see the Heroes Hero setup. Meaning, after 2:00 pm,
[02:01] we will generally see that if you take the entire market of 1 month and see, it is a 22 day market of 1 month, then there you will see that if it is more than 15 days, you will see that after 2:00 pm, fast momentum comes. We can use it here on normal days also.
[02:15] But right now we are specifically talking about expiry. will show you the expiry here. You can use it on a normal day also because we see that after 2:00 pm a fast momentum is seen in the market.
[02:30] So what do we do now? So look, this X means our setup where we do not have to do anything till 2:00. Meaning doing nothing means you can work on another setup. You can do your work by installing some other setup.
[02:43] So this setup of ours will be installed only after 2:00 pm. So what will we do now? That is important for us. So let us look at this thing step by step and you should note it down carefully. So look at our
[02:56] setup, in the first setup, we will in the first setup, we will use a time frame of 15 minutes. We will
[03:08] we will also use a time frame of 5 minutes here. Now see what we have to do in the time frame of 15 minutes ? In the 15 minute time frame, we have to see time frame, we have to see where our setup is, that is,
[03:22] where our setup is formed. On which candle is it made? We will mark that candle first. Meaning we mark our setup in 15 minutes time frame and we will execute our trade in 5 minutes time frame. As soon as
[03:35] our trade is created, we will place the trade from there in the 5 minute time frame. That means our strategy is in 15 minute time frame, that means we will see the setup there. Ok? So now you should listen carefully to what our setup will be,
[03:49] you should listen carefully to what our setup will be, first of all we do told you that our setup starts only after 2:00 pm. What do we have to do now ? As soon as you know that you have 2 minutes or 3 minutes left for 2:00.
[04:06] Meaning, if we talk roughly, our timing is our timing is 1:57, what will we do at this time frame ? We will start looking at our setup in the market. We'll start looking at the setup from here.
[04:20] What is our setup now? Let us see this first. Keep in mind that in the 15 minute time frame before 2:00 PM, see this first. Keep in mind that in the 15 minute time frame before 2:00 PM,
[04:40] before 2:00 PM, the smallest candle that is can write whatever I am saying as per your convenience.
[04:58] time frame of 15 minutes and see that we will mark the smallest candle that is formed, that is, we will see that we will mark the smallest candle that is formed, that is, we will
[05:10] mark its high low, simply what will we do, we will mark its high low, what will we do, we will mark its high low, okay, yes, we will mark its high low, simply
[05:25] our smallest candle is before 2:00, that is, I told you that around 157 158, you will get to know which is the smallest candle that is being formed. You can also monitor it in advance and keep it in mind that yes brother, this candle is small, it is the smallest till now. Isn't it
[05:40] ? So you have to look at the smallest candle. Now you will ask Sir, according to whom will we see the smallest candle? The size of the body will be candle is formed like this. So brother, this is ours, you know that this is our close one.
[05:55] This is our open. So according to open close we have to see the small candle or according to high low we have to check out the small and big candle here. So here we are talking high low. Meaning, according to the high and low, we have to see
[06:09] which candle is the smallest. Meaning, on the basis of high low, you have to check out that after subtracting the high low, by adding the smallest whole, you can know by just looking at it that yes, this is the smallest candle of today because its high low is the lowest. The
[06:25] smallest high low is made of it. So you see which candle is the smallest one that is visible here. Ok? Okay, so here you can see that you should mark the high and low of the smallest candle
[06:40] before 2:00 or at 2:00 because our trade has to be executed only after 2:00. We have no work until 2:00. Meaning, you can say in a way that we have no work till 2:05. You can
[06:54] check out even after 2:00 pm. You are like I said 157, you check after 2:00. From 2:00 to 2:5 we have plenty of time, brother. We have time till here because our trade has to be executed only after 2:05. Meaning the setup will be done only
[07:09] We will execute the trade only after that. So you can also check out after 2:00 PM can also check out after 2:00 PM Ok? So we will mark that. I have completely marked its high and low.
[07:24] Now come in 5 minutes. Brother, our smallest candle has been marked as high and low. Isn't it ? If its high or low breaks
[07:44] breaks then we will enter. This is going to be our setup here. The our setup here. The
[07:57] smallest candle is this one. Now we have marked its high and low. Now you know by default how the high will break? With the green candle. When our body closes above it, we say that the high has been broken. And when do we get to see this
[08:13] Meaning the breakout will be seen in the 5 minute time frame. Ok? If there is an either buy a call or sell a put. Isn't it? This will work and brother,
[08:25] breaks out downwards then you know that when the market breaks out downwards then it will break out So if there is a breakout with a red candle then we will go for the downside. Isn't it? Now tell me, is this clear to you? You have written this well.
[08:41] Let's take a look at this and see that the expiry of our NIFI and Sussex happens on Tuesday and Thursday. So right now we are simply looking at it because as I
[08:56] told you, we are not only looking at it for the expiry. After that you can watch the rest on normal days also. Okay, but right now we are just looking at it for expiry. So you know the expiry of Sussex, sorry Nifi
[09:10] expiry is going on right now on Tuesday. Isn't it ? Suppose it changes later. Isn't it ? It may also happen that if you are your expiry may have changed. So whenever the expiry is happening, that is, on whatever
[09:24] day it is happening, you will see it on that day. Like right now on Tuesday, is the expiry of Nifi and Sussex happening here ? On Thursday. Ok? And you know that when the monthly expiry of Sussex and Bankex comes, it comes monthly. Isn't it
[09:38] ? It happens only on Thursday. And here you know that the expiry of Nifty 50 is on Tuesday. Isn't it? And if the monthly expiry of Bank Nifty or our mid cap or Nifty also comes or if the monthly expiry of any stock comes
[09:51] in FAO, it will happen on Tuesday only. And you know that if there is a holiday then our expiry happens a day earlier. ok sir. So is this clear? So now we are going to see here on Tuesday and Thursday that
[10:04] how can this setup of ours be made here. So let's look at the first one. Ok? So here, first of all we will set a time frame of 15 minutes.
[10:16] Now look, we have set a time frame of 15 minutes here. Now that a time frame of 15 minutes has been set. here. Now that a time frame of 15 minutes has been set. which day is it brother? You see 12th February and Thursday is written here.
[10:30] Look, Thursday is written as Thursday, which means it is the expiry day. Tuesday and Thursday. Right now we are checking only for two days here. So now here first of all you have to see that look at 2:00 we know that 2 means it is written at 2:00.
[10:45] This means a candle from 2 to 2:15. Meaning our 2:00 o'clock candle is this one. 1:45 where it is written. This means this is the candle from 1:45 to 2:00. Meaning it is 2:00 on this candle. When we made this candle, it was 2:00. Isn't it
[10:59] ? it's done. Now we will check only after 2:00 pm. It will be 2:00 o'clock, after that we still have 5 minutes of time. For us, this is not something that consumes too much time. Now we will know by just looking who became the smallest candle today?
[11:11] In case of high low. Isn't it? So if we look at the smallest candle, we can see two candles. Either this should be the smallest candle or brother this should be the smallest candle. So if you are feeling confused then look at the high and low. How high is it here?
[11:27] So we're looking at 25849.70 and how much is there here? 25827 ok? So here you are seeing that brother,
[11:40] brother, this 11 becomes ours, we get 11.75, okay this becomes ours, so the difference of this candle is 11.75 and if we check out the difference of this candle, then here
[11:54] you are seeing that here it is 48 and here it is 65, so you are seeing that brother, here the 65, so you are seeing that brother, here the difference of 12 and five is 17. Meaning this smallest candle becomes ours for today. Isn't it ? So you will not have much problem. Isn't it
[12:07] ? If you feel too confused, then check the high and low. Now that we see this is the smallest candle we have formed today at 2:00. Isn't it ? What do we do now? Now we will directly touch this option from here. This one
[12:20] looks like a pencil. From here we'll take a boxed pat. Look, Triangle Rick Triangle is written here. We have taken this and what will we do here? We will We have taken this and what will we do here? We will mark the high and low of this candle.
[12:34] ok sir. Let's see, we have marked the high and low of this candle Let's see, we have marked the high and low of this candle here. Okay,
[12:52] marked its high and low. Done. Now we will take it in a time frame of 5 minutes. We first saw which candle formed the smallest in the 15-minute time frame. Now let us take it to a 5 minute time frame. Now when
[13:06] we are taking this in the 5 minute time frame, it looks something like this. Now see where do we have to look from? So you know that we have to see after 2:00, you must know that but now you have to see that we have to see after 2:00. So
[13:19] we have to look at the candle after 2:00 pm. See it is written from 1:55 to 1:55. If we take a time frame of 5 minutes then 155 to 2 means you are understanding that this was the last candle formed. Now
[13:31] that this was the last candle formed. Now after this we have to see that brother, look, by touching this, that is, this box which is made where you are seeing, this is our high. The top line is our high. The bottom line is low. If a red candle is formed here then it will go
[13:44] down from here. If our green candle is formed from here then from here we will go to the upper side. Now you will say, Sir, is it necessary to become one by touching? It is necessary to make it by touching because it also happens a lot that it has to be made by touching or brother, if it is
[13:57] made like this below then it will be fine. There should be no touch. In this, if we touch this high low, then by In this, if we touch this high low, then by touching it, that means brother, our candle should be formed only after touching it. It should not happen that we think that this is
[14:12] our box and after the box is made, a green candle is being made here. It has not touched this high. Just a green candle is forming here. So we cannot consider this a breakout. There should be touch. If it is becoming ours by touching it then we
[14:26] will accept it that yes, that breakout has become ours. ok sir. So now look here, from 1:55 to 2, that is, our candle of 2:00 o'clock has been formed here. Now after that we are checking. After that you look here. So you can see that brother, this
[14:43] green i.e. red candle has come. Look, there is a red candle here. Isn't it ? What you are seeing here is that brother, here we have touched the first number in the line and after touching the line the market is closing below. It is
[15:00] touching the line and closing below. This means that the market broke the low of this line here. This means that the market broke the low of this line here. we realized that from here we will have to go downwards. This means
[15:14] we have to make a bearish trade on this candle. We will make a bearish trade on this candle. Simple. Ok. Now our bearish trade means you know
[15:26] buy the put. Or you can also make a sale call. Both options are open to us. This is what bearish trade means. Or we will call bye. Sorry sorry sorry sorry, I made a mistake, we will Or we will call bye. Sorry sorry sorry sorry, I made a mistake, we will
[15:40] or we also have the option to sell call, if we can sell then it is fine, so we will do one of these two things here and you can see because you know that in Hero Zero, brother, we take a better momentum from here,
[15:55] now you will ask how much momentum can there be, so see, simply you see that if we are entry, then where is my stock stop loss ? Brother, the stop loss is at its high, that is,
[16:07] not at the high of this candle, SL brother. Here is the SL. So you see how far away our SL is. So
[16:22] you can see that my SL is from here till here. This is the entire zone. Meaning entry is happening here and here our SL is going to this place. So you see, whatever the SL is, at least we will go to take 2:1 of it.
[16:43] So you can see that this is our setup created on the day of expiry. Ok? Is it clearing? Let's take a look ahead. So you see, we are on other normal days also. You can execute this on a normal day also. There
[16:57] is no problem. But right now we are only talking about expiry. So look, here we will talk about Tuesday. This is Wednesday and we will have to go again in 15 minutes because I have told you that brother,
[17:11] you will mark your high and low in 15 minutes only. This means that the high and low of the smallest candle will have to be marked. So we'll mark in 15 minutes. So in 15 minutes you see Tuesday's market, this is Tuesday 's market. Now let's see
[17:25] 's market. Now let's see where we are at 2:00. Ok? It is now 2:00. Isn't it? So before this we have to
[17:38] check out the entire candle. And in this we have to see who made the smallest candle. Brother, who made the smallest candle? We will have to look at that thing here. So you see, you can find out by just looking which is the smallest candle, which one will be here, it is like this, so
[17:52] we are seeing that brother, the smallest candle is what it should be, it also seems that this one will be the smallest, you check the difference, brother, you will have to work hard here 954 971, so you can
[18:06] see that the difference between 6 and 10 16 17 is visible here, if you see here, then is visible here, if you see here, then 69 and here 55 means there is another 5, 9 and 5,
[18:18] 69 and here 55 means there is another 5, 9 and 5, so this one of ours is smaller. Isn't it? 9 and 5 14 Here the difference of 14 comes on this candle. If we look at this here, 47 and 64 means the difference between three and 4 7 17. Here we have a difference of 14. Ok?
[18:33] We will see further and if someone small comes out of this then it is fine. Otherwise, it will remain the same for us. 50 There is a difference of 15 here. Meaning, the smallest candle that we can see is between 55 and 69, meaning a difference of nine and five 14 is visible. Isn't it
[18:48] ? So this is our smallest candle. Now you can see your smallest candle here. Isn't it? So what do you do now? Brother, we will take this rectangle from here. Isn't it ? We'll take this one and mark it. So this is our smallest candle that has come out.
[19:04] it. So this is our smallest candle that has come out.
[19:24] What will we do here now? Because we see that our date is 10th February. Now we will set a time frame of 5 minutes. Let us see 10th February and see where our 10th February went. This is our yes look here it will be ahead we have marked it.
[19:39] Yes, see, this is 10th February, so this becomes our candle for 10th February. Let us talk about it here now. First, we'll see where we were at 2:00. So you have to look at 155 because it is a 5 minute time frame, so 155 will be your last. So
[19:53] 155 you see where? 155 here means 155 to 2:00 o'clock candle here. We will see only after this. Now after this you see that by touching this line,
[20:06] a red candle is formed here. A red candle is made here. Where we can enter here. Isn't it ? You can enter here. And you know that this is the high pay SL. I mean, you are taking so much risk brother. But
[20:23] look, you need to pay a little attention to the timing also. Because this position of mine, brother, our timing has become too much. This is ours timing has become too much. This is ours
[20:39] you will have to check here if ours is coming after 3:15. Meaning it's coming in at 3:15. So brother, if you want to buy it then you cannot work on same day expiry because the momentum will be lost in it. Then you
[20:53] can look a little bit for the next expiry. Otherwise you can avoid it because we cannot work so late. Isn't it ? So you will have to look at this thing a little here. Otherwise, you can here. Otherwise, you can
[21:07] Next, we will again set a time frame of 15 minutes and you will see here in the 15 minute time frame. So next we will see where else our setup can be where else our setup can be created. Ok? So here we go
[21:23] further, I mean where did we see it just now? We saw that our brother got it on 10th February. Now we come back. Will come to the Thursday market again. Here you see, our Thursday is visible on 5th February. Now see where the market of 5th February started.
[21:37] We will look at this thing first. This is our market on 5th February. See, the market opened here on February 5th. 5th February sorry it is 4th February right?
[21:53] Yes sir. Look, our market opens here on February 5th on this candle. First let us see where our two are left. So you know 1:45 to 2 right? So it's 2:00 on our candle. Now before 2:00 pm we have to see
[22:07] which is the smallest candle visible. Brother, in this way we can clearly see that this one is the smallest candle. This smallest candle becomes ours. ok sir? This is our smallest candle. Now what
[22:21] will we do here? Again taking a rectangle and here we will mark the high and low of this candle. we will mark the high and low of this candle.
[22:39] looking here. We will look at the date. It is 5th February. Now we will set a time frame of 5 minutes. is 5th February. Now we will set a time frame of 5 minutes. We will look at the market of February 5 in a 5-minute time frame.
[23:02] ? Here we can see that the market of 5th February is Here we can see that the market of 5th February is here you will see where it has already struck two. Look, you have to watch 1:55.
[23:18] 1:55 you see means it is 2:00 here. Now after 2:00 pm, see, we have got our position on this candle here. Now when we get the position here, it means we are getting entry here. Entry was made here and my stop loss is at
[23:33] we are taking so much risk here in the market. And you can see that after this a better momentum came. Fast momentum, big momentum came and Hero became zero in the market. Ok? So
[23:50] is a great setup. You can try backtesting it a bit. This will work very well for you on back testing. You and after back testing, please do tell us in the comment box how you liked this
[24:06] video. This video is very nice. You just do your back testing once and try using it once. Nifty and Sussex can also be traded in Bank Nifty on monthly expiry. Monthly expiry and you
[24:19] can also go on regular basis. Because we know that after 2:00 a.m. a big momentum comes. So if we have to do a big momentum catch-up, what can we do even after 2:00? We can go to this setup on a normal day also. So you
[24:33] can use it normally in Nifty and Sussex and if you want then in Bank Nifty Mid Cap and other indices in monthly expiry or we can use it in stocks also and we can use it in stocks on normal days also. So let us know how you liked the video by
[24:45] liking and commenting. See you in the next class, till then Jai in the next class, till then Jai Hind Jai Bharat.
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