Swapnil Jagtap - Trader &amp; Developer, SHREEM System
For most traders, the market is either going up or going down. But Swapnil Jagtap, a Pune-based trader and indicator developer, discovered early in his journey that the real enemy was neither - it was a market that was going nowhere at all.
&ldquo;Sideways market mein sab kuch theek lag raha hota hai - chart accha dikhta hai, setup banta hai - but move nahi aata,&rdquo; says Swapnil. &ldquo;Options traders ko toh theta decay bhi jhhelna padta hai. Aur tab samajh aata hai ki entry hi galat time pe thi.&rdquo;
<h2 style="text-align: left;">A Trading Family, A Personal Problem</h2>
Swapnil&rsquo;s relationship with the markets began long before he placed his first trade. His father and brother were already active traders, and growing up around market conversations gave him a natural understanding of charts, price action, and the discipline that consistent trading demands. By 2016, Swapnil had begun trading himself - navigating scalping, intraday, and swing setups across varying market conditions.
But one problem kept recurring. Despite having a clear setup, despite following the rules, trades would simply stall. No movement. No follow-through. Just a market drifting sideways - and a position slowly bleeding capital.
&ldquo;Main entry kar leta tha - aur phir market bas wahi ghoomta rehta tha. Koi direction nahi. Options mein toh time decay alag se maar raha hota tha. Yeh ek aisi problem thi jo har trader ko hoti hai but koi iske baare mein seedha baat nahi karta.&rdquo;
The realization was simple but powerful: without identifying sideways market conditions in advance, no trading system - however sophisticated - could deliver consistent results. Avoiding the wrong trade at the wrong time is just as important as finding the right one. For Swapnil, this became the foundation of everything that followed.
<h2 style="text-align: left;">The Problem Nobody Talks About</h2>
In trading communities across India, conversations are dominated by entry strategies, indicator combinations, and profit targets. Rarely does the discussion turn to the market condition itself - whether it is actually ready to move or simply consolidating with no intent of doing so.
This silence is costly. A trader entering a high-quality setup in a sideways market is not making a bad decision based on the setup - they are making a bad decision based on timing. The chart looks right. The signal appears valid. But the market is not ready. And by the time that becomes obvious, the damage is already done - through a stopped-out position, a decayed options premium, or a missed opportunity elsewhere.
Swapnil experienced this repeatedly across scalping, intraday, and swing timeframes. Each time the outcome was the same - the setup worked in isolation, but the market context was wrong. He needed a way to identify sideways conditions before entering, not after.
<h2 style="text-align: left;">Three Months, One System</h2>
Swapnil had always been interested in coding. In 2021, he decided to channel that interest into solving the sideways market problem directly. What followed was nearly three months of intensive work - backtesting across hundreds of setups, refining the underlying logic, and building what would eventually become SHREEM.
SHREEM, built on TradingView&rsquo;s Pine Script, is not just an indicator - it is a complete trading system. At its core is the Sideways Zone detection engine, which identifies low-momentum, range-bound market conditions before a trader makes a costly entry. When the market enters a sideways zone, SHREEM flags it visually on the chart - giving traders the one thing most indicators don&rsquo;t: the confidence to wait.
Beyond zone detection, SHREEM includes a real-time dashboard that displays market strength, trend direction, and a dynamic stop loss level - updated live for any stock, index, or trading asset globally. Entry signals, exit points, and stop loss levels are all built into the system - removing the guesswork that leads to emotional, inconsistent decision-making.
&ldquo;Mera goal tha ek aisa system banana jo entry, exit aur stop loss - sab kuch define kar de. Trader ko sirf system follow karna ho. Emotion-free, discipline-based trading.&rdquo;
<img src="http://images.mid-day.com/images/images/2026/apr/e913_e.jpg" alt="" width="1280" height="720" />
SHREEM indicator showing Sideways Zone detection and live dashboard on TradingView. For educational illustration purposes only.
<h2 style="text-align: left;">A System Built for Indian Traders</h2>
What makes SHREEM particularly relevant for Indian retail traders is its focus on practical, real-market conditions. Indian markets are notorious for sharp sideways phases that trap traders across all segments - whether intraday scalping, swing trading, or long-term investing. SHREEM was built with this in mind, tested extensively across indices, individual stocks, and all major sectors before being made available to other traders. Whether a trader is working with Nifty options, mid-cap stocks, or sector-specific plays, SHREEM&rsquo;s Sideways Zone detection works across all timeframes and instruments.
After years of refining the system through live market conditions, Swapnil now makes SHREEM available to traders across India - a complete system that brings structure, discipline, and clarity to every trading decision.
&ldquo;Pehle samjho, phir trade karo,&rdquo; he says. &ldquo;Trading mein blind trust nahi chalta - results dikhne chahiye.&rdquo;
For traders tired of losing money in markets that refuse to move, SHREEM offers something rare: not just a signal, but a reason to wait.
To learn more about the SHREEM system, visit <a href="https://swapniljagtap.in" target="_blank" rel="nofollow noopener">swapniljagtap.in</a>. Follow Swapnil Jagtap on Instagram at <a href="https://www.instagram.com/swapniljagtap.in" target="_blank" rel="nofollow noopener">@swapniljagtap.in</a> for daily market insights and live chart analysis.
Disclaimer:The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other form of advice, and you should not interpret any of the financial content as such. Please conduct your own due diligence and consult with a financial advisor before making any investment decisions. Midday does not endorse or promote any such activities, and you access them at your own risk, fully understanding the monetary and legal consequences involved. Midday shall not be held responsible for any losses you may incur as a result of using any such apps or websites.

SHREEM by Swapnil Jagtap helps traders identify sideways markets with signals, trend strength, and risk tools.

From Losses to a System: How Swapnil Jagtap Built SHREEM to Solve Trading’s Biggest Hidden Problem

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From Losses to a System: How Swapnil Jagtap Built SHREEM to Solve Trading’s Biggest Hidden Problem

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