The steps in the strategy says you need to figure out your liberal stoploss by gradually increasing it whenever you see your stoploss is hit then immediately turns back and moves in your expected direction. This is a gradual and time taking process.
That is not what i asked, i asked, in your expert opinion, where should the initial liberal stoploss be.
So how does this work exactly? If on trade 1 my liberal stoploss is 10 points and gets hit, then on trade 2 i should a stoploss of 20 points? Basically what you are saying is place your stop so far away it will ever get hit, right? Genius! I'll enter a trade at 4290 and put my stop at 290, pretty much guarantied it will never hit the stoploss ...
So, every question you have been asked so far you have completely avoided. You are a waste of time, you are delusional, keep living in your little fantasy world man.
No, i clearly said expert opinion as a joke since you have absolutely no idea what you are talking about.
Buddy it is very simple... BACKTEST the strategy and if you have any questions while backtesting i can guide you. For that first you need to start backtesting in your index intraday chart.