The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100.
hour
The strategy takes a buy position when the momentum picks up in a bullish trend. The position is exited when the trend slows down. Suitable for bullish markets
5min
The strategy takes a sell position when a bullish signal is followed by a bearish signal on the very next candle, negating the bullish signal. The strategy is suitable for bearish trending markets
5min
A classic Breakout Strategy. Buy entry occurs when the price crosses above a resistance level supported by volume. It is suitable for bullish trending markets
hour
The strategy tries to capture the mean reversion tendency of stocks. The performance of the strategy should be good in sideways markets. Price crossing above the Upper Bollinger bands indicates an unusual move and that the price might revert back during a sideways market
15min
The strategy takes a buy position when a bullish trend begins along with a positive Volume. It is suitable for bullish trending markets.
15min
MIS
BUY
3min
Close(2) higher than Open(2) and Close(2) higher than SMA(close, 5, 2) and Close(1) lower than Open(1) and Close(1) lower than High(2) and Close(0) higher than SMA(close, 5, 1) and MACD(12,26,9,macd,1) higher than -100 and MACD(12,26,9,macd,1) lower than 10.99 and ADX(14,0) higher than 18 and Low(0) higher than Low(1) and High(0) crosses above High(1)
BUY 1 share when Close(2) higher than Open(2) and Close(2) higher than SMA(close, 5, 2) and Close(1) lower than Open(1) and Close(1) lower than High(2) and Close(0) higher than SMA(close, 5, 1) and MACD(12,26,9,macd,1) higher than -100 and MACD(12,26,9,macd,1) lower than 10.99 and ADX(14,0) higher than 18 and Low(0) higher than Low(1) and High(0) crosses above High(1) at 3min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59
Low(0) lower than Signal candle(Low,1)
SELL 1 share when Low(0) lower than Signal candle(Low,1) or at stop loss of 20 or target profit of 38 with a Trailing SL of 30 at 3min candle interval using Candlestick chart chart.
20
38
DYNAMIC CONTRACT(INDICES_NIFTY 50, CE, ATM, 0, CURRENT, WEEKLY, LONG, CANDLE)