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BeRD 5min RSI 14

Order Type

CNC/NRML

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min,Period max(1, Close(-1) - Close(-2) ) ) lower than 0.0 and Multitime frame(5min,Period max(10, High(-1) ) ) higher than Multitime frame(5min,Period max(10, High(-11) ) ) and Multitime frame(5min,Period max(10, RSI(14,-1) ) ) lower than Multitime frame(5min,Period max(10, RSI(14,-11) ) )

SELL 4 shares when Multitime frame(5min,Period max(1, Close(-1) - Close(-2) ) ) lower than 0.0 and Multitime frame(5min,Period max(10, High(-1) ) ) higher than Multitime frame(5min,Period max(10, High(-11) ) ) and Multitime frame(5min,Period max(10, RSI(14,-1) ) ) lower than Multitime frame(5min,Period max(10, RSI(14,-11) ) ) at 5min candle interval using Candlestick chart chart. Enter trade between 09:15 to 15:00

Exit Conditions

Candle Time(hourofcandle) equal to 15 and Candle Time(minuteofcandle) equal to 20 and Multitime frame(5min, Close(0) ) higher than 0.0

BUY 4 shares when Candle Time(hourofcandle) equal to 15 and Candle Time(minuteofcandle) equal to 20 and Multitime frame(5min, Close(0) ) higher than 0.0 or at stop loss of 45 or target profit of 165 with a Trailing SL of 20 at 5min candle interval using Candlestick chart chart.

Stop Loss

45

Target Profit

165

Stocks

  • NFO-FUT

    NIFTY24FEBFUT