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BuHD 5min RSI-14

Order Type

CNC/NRML

Position Type

BUY

Time Frame

5min

Entry Conditions

Multitime frame completed(5min,Period min(2, Close(-1) - Close(-2) ) ) higher than 0 and Multitime frame completed(5min,Period min(10, Low(-1) ) ) higher than Multitime frame completed(5min,Period min(10, Low(-11) ) ) and Multitime frame completed(5min,Period min(10, RSI(14,-1) ) ) lower than Multitime frame completed(5min,Period min(10, RSI(14,-11) ) )

BUY 4 shares when Multitime frame completed(5min,Period min(2, Close(-1) - Close(-2) ) ) higher than 0 and Multitime frame completed(5min,Period min(10, Low(-1) ) ) higher than Multitime frame completed(5min,Period min(10, Low(-11) ) ) and Multitime frame completed(5min,Period min(10, RSI(14,-1) ) ) lower than Multitime frame completed(5min,Period min(10, RSI(14,-11) ) ) at 5min candle interval using Candlestick chart chart. Enter trade between 09:25 to 15:15

Exit Conditions

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

SELL 4 shares when Candle Time(hourofcandle) equal to 15 and Candle Time(minuteofcandle) equal to 20 and Multitime frame completed(5min, Close(0) ) higher than 0.0 or at stop loss of 40 or target profit of 190 with a Trailing SL of 45 at 5min candle interval using Candlestick chart chart.

Stop Loss

40

Target Profit

190

Stocks

  • NFO-FUT

    NIFTY24FEBFUT