BuRD 5-min RSI-14

Entry Conditions

Multitime frame(5min,Period min(2, Close(-1) - Close(-2) ) ) higher than 3 and Multitime frame(5min,Period min(10, Low(-1) ) ) lower than Multitime frame(5min,Period min(10, Low(-11) ) ) and Multitime frame(5min,Period min(10, RSI(14,-1) ) ) lower than equal to 45 and Multitime frame(5min,Period min(10, RSI(14,-11) ) ) lower than equal to 40 and Multitime frame(5min,Period min(10, RSI(14,-1) ) ) higher than Multitime frame(5min,Period min(10, RSI(14,-11) ) )

SELL 4 shares when Multitime frame(5min,Period min(2, Close(-1) - Close(-2) ) ) higher than 3 and Multitime frame(5min,Period min(10, Low(-1) ) ) lower than Multitime frame(5min,Period min(10, Low(-11) ) ) and Multitime frame(5min,Period min(10, RSI(14,-1) ) ) lower than equal to 45 and Multitime frame(5min,Period min(10, RSI(14,-11) ) ) lower than equal to 40 and Multitime frame(5min,Period min(10, RSI(14,-1) ) ) higher than Multitime frame(5min,Period min(10, RSI(14,-11) ) ) at 5min candle interval using Candlestick chart chart. Enter trade between 09:15 to 15:00

Exit Conditions

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

BUY 4 shares when Candle Time(hourofcandle) equal to 15 and Candle Time(minuteofcandle) equal to 20 and Multitime frame(5min, Close(0) ) higher than 0.0 or at stop loss of 50 or target profit of 190 with a Trailing SL of 25 at 5min candle interval using Candlestick chart chart.

Stop Loss

50

Target Profit

190

Stocks

• NFO-FUT

  NIFTY24FEBFUT