ScannersStrategies

89448

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

( ( Multitime frame(5min, Close(1) higher than Open(1) ) and Multitime frame(5min, Open(2) higher than Close(2) ) ) or ( Multitime frame(5min, Close(2) higher than Open(2) ) and Multitime frame(5min, Open(1) higher than Close(2) ) ) ) and Multitime frame(5min, Low(1) higher than EMA(close, 5, 0) ) and Opening Range(Low,5min) higher than Prev N(High,-1,5min)

BUY 1 share when ( ( Multitime frame(5min, Close(1) higher than Open(1) ) and Multitime frame(5min, Open(2) higher than Close(2) ) ) or ( Multitime frame(5min, Close(2) higher than Open(2) ) and Multitime frame(5min, Open(1) higher than Close(2) ) ) ) and Multitime frame(5min, Low(1) higher than EMA(close, 5, 0) ) and Opening Range(Low,5min) higher than Prev N(High,-1,5min) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 1 share at stop loss % of 1 or target profit % of 1 at 5min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

1

Stocks

  • NSE

    RELIANCE