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Crude Oil

Order Type

CNC/NRML

Position Type

BUY

Time Frame

hour

Entry Conditions

Multitime frame completed(hour, RSI(7,0) ) lower than 50 and Multitime frame completed(hour, RSI(7,0) crosses above RSI MA(7,simple,10,0) ) and Multitime frame completed(hour, MACD(3,8,5,macd,0) crosses above MACD(3,8,5,signal,0) )

BUY 1 share when Multitime frame completed(hour, RSI(7,0) ) lower than 50 and Multitime frame completed(hour, RSI(7,0) crosses above RSI MA(7,simple,10,0) ) and Multitime frame completed(hour, MACD(3,8,5,macd,0) crosses above MACD(3,8,5,signal,0) ) at hour candle interval using Candlestick chart chart. Enter trade between 09:00 to 23:59

Exit Conditions

SELL 1 share at stop loss % of .45 or target profit % of .75 at hour candle interval using Candlestick chart chart.

Stop Loss

.45

Target Profit

.75

Stocks

  • MCX

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