ScannersStrategies

Bullish Aroon

The strategy takes a long position when Aroon indicates a stong uptrend and exits during a downtrend

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Multitime frame completed(5min, Aroon up(40,0) crosses above Aroon down(30,0) ) and Multitime frame completed(5min, Aroon up(14,0) ) higher than 75

BUY 100 shares when Multitime frame completed(5min, Aroon up(40,0) crosses above Aroon down(30,0) ) and Multitime frame completed(5min, Aroon up(14,0) ) higher than 75 at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Multitime frame(5min, Aroon up(40,0) crosses below Aroon down(40,0) ) and Multitime frame(5min, Aroon up(14,0) higher than 75 )

SELL 100 shares when Multitime frame(5min, Aroon up(40,0) crosses below Aroon down(40,0) ) and Multitime frame(5min, Aroon up(14,0) higher than 75 ) or at stop loss % of 1 or target profit % of 5 at 5min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

5

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    BHARTIARTL

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    HEROMOTOCO

  • NSE

    HINDALCO

  • NSE

    ITC

  • NSE

    INFY

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    SBILIFE

  • NSE

    SHRIRAMFIN

  • NSE

    TCS

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO