bull swing arron

The strategy initiates a buy position when a bullish trend is identified by the Aroon indicator. Trade is avoided if a significant upmove has already taken place. Suitable for bullish trending markets.

Entry Conditions

Multitime frame completed(hour, Aroon up(14,0) crosses above Aroon down(14,0) ) and Multitime frame completed(hour, Close(0) ) lower than Prev N(High,-1,day)

BUY with max allocation 100000 when Multitime frame completed(hour, Aroon up(14,0) crosses above Aroon down(14,0) ) and Multitime frame completed(hour, Close(0) ) lower than Prev N(High,-1,day) at hour candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL with max allocation 100000 at stop loss % of 5 or target profit % of 10 with a Trailing SL % of 5 at hour candle interval using Candlestick chart chart.

Stop Loss

5

Target Profit

15

Stocks

• NSE

  HDFCAMC

• NSE

  MARUTI

• NSE

  JINDALSTEL

• NSE

  CANBK

• NSE

  BOSCHLTD

• NSE

  PIDILITIND