Bullish MA Cross w

The strategy takes a long position when moving averages indicate an uptrend and storng momentum is guaged by ADX

Entry Conditions

EMA(close, 34, 0) higher than SMA(low, 20, 0) and ADX(13,0) higher than 25

BUY 1 share when EMA(close, 34, 0) higher than SMA(low, 20, 0) and ADX(13,0) higher than 25 at 1 day candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 1 share at stop loss of 5% or target profit of 6% at 1 day candle interval using Candlestick chart chart.

Stop Loss

5

Target Profit

6

Stocks

• INDICES

  NIFTY BANK