ScannersStrategies

Bullish Histogram

The strategy takes a buy position when the stock is undergoing bullish momentum and trend. Moving Average has been used for trend and MACD histogram for Momentum. The strategy is suitable for bullish trending markets.

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Period min(10, MACD(12,26,9,histogram,0) - MACD(12,26,9,histogram,-1) ) higher than 0.0 and Close(0) higher than EMA(close, 50, 0)

BUY 1 share when Period min(10, MACD(12,26,9,histogram,0) - MACD(12,26,9,histogram,-1) ) higher than 0.0 and Close(0) higher than EMA(close, 50, 0) 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 2 at 5min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

2

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    HCLTECH

  • NSE

    HDFCLIFE

  • NSE

    HINDALCO

  • NSE

    INDUSINDBK

  • NSE

    M&M

  • NSE

    NTPC

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    SHRIRAMFIN

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TECHM

  • NSE

    TITAN

  • NSE

    ULTRACEMCO