DEMA RSI Retracement

The strategy takes a sell position when RSI gives a bearish signal after a small upmove in a general downtrend. The strategy is suitable for bearish trending markets.

Entry Conditions

Multitime frame(15min, Close(0) lower than DEMA(close,200,0) ) and Multitime frame(15min, RSI(14,0) crosses below 50 )

SELL 10 shares when Multitime frame(15min, Close(0) lower than DEMA(close,200,0) ) and Multitime frame(15min, RSI(14,0) crosses below 50 ) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

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

BUY 10 shares when Multitime frame(15min, Candle Time(hourofcandle) equal to 15 ) and Multitime frame(15min, Candle Time(minuteofcandle) equal to 0 ) and Multitime frame(15min, Close(0) higher than 0.0 ) or 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

  BPCL

• NSE

  BHARTIARTL

• NSE

  BRITANNIA

• NSE

  CIPLA

• NSE

  COALINDIA

• NSE

  DIVISLAB

• NSE

  DRREDDY

• NSE

  EICHERMOT

• NSE

  GRASIM

• NSE

  HCLTECH

• NSE

  HDFCBANK

• NSE

  HDFCLIFE

• NSE

  HEROMOTOCO

• NSE

  HINDALCO

• NSE

  HINDUNILVR

• NSE

  ICICIBANK

• NSE

  ITC

• NSE

  INDUSINDBK

• NSE

  INFY

• NSE

  JSWSTEEL

• NSE

  KOTAKBANK

• NSE

  LTIM

• NSE

  LT

• NSE

  M&M

• NSE

  MARUTI

• NSE

  NTPC

• NSE

  NESTLEIND

• NSE

  ONGC

• NSE

  POWERGRID

• NSE

  RELIANCE

• NSE

  SBILIFE

• NSE

  SHRIRAMFIN

• NSE

  SBIN

• NSE

  SUNPHARMA

• NSE

  TCS

• NSE

  TATACONSUM

• NSE

  TATAMOTORS

• NSE

  TATASTEEL

• NSE

  TECHM

• NSE

  TITAN

• NSE

  ULTRACEMCO

• NSE

  WIPRO