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hammer backtest

weekly hammer backtest

Order Type

CNC/NRML

Position Type

BUY

Time Frame

day

Entry Conditions

Close(0) higher than Open(0) and Abs( High(0) - Low(0) ) * 0.3 ) higher than Abs( Open(0) - Close(0) ) ) and Abs( High(0) - Low(0) ) * 0.2 ) higher than Abs( High(0) - Open(0) ) ) and Close(0) higher than 20

BUY 1 share when Close(0) higher than Open(0) and Abs( High(0) - Low(0) ) * 0.3 ) higher than Abs( Open(0) - Close(0) ) ) and Abs( High(0) - Low(0) ) * 0.2 ) higher than Abs( High(0) - Open(0) ) ) and Close(0) higher than 20 at 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 50 with a Trailing SL % of 5 at day candle interval using Candlestick chart chart.

Stop Loss

5

Target Profit

50

Stocks

  • NSE

    INDUSINDBK

  • NSE

    NAUKRI

  • NSE

    INFY

  • NSE

    INDIGO

  • NSE

    JSWSTEEL

  • NSE

    JINDALSTEL

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    LT

  • NSE

    LICI

  • NSE

    M&M

  • NSE

    MARICO

  • NSE

    MARUTI

  • NSE

    MUTHOOTFIN

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    PIIND

  • NSE

    PIDILITIND

  • NSE

    POWERGRID

  • NSE

    PGHH

  • NSE

    PNB

  • NSE

    RELIANCE

  • NSE

    SBICARD

  • NSE

    SBILIFE

  • NSE

    SRF

  • NSE

    MOTHERSON

  • NSE

    SHREECEM

  • NSE

    SHRIRAMFIN

  • NSE

    SIEMENS

  • NSE

    SBIN

  • NSE

    SUNPHARMA

  • NSE

    TVSMOTOR

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TATAMTRDVR

  • NSE

    TATAMOTORS

  • NSE

    TATAPOWER

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    TITAN

  • NSE

    TORNTPHARM

  • NSE

    TRENT

  • NSE

    UPL

  • NSE

    ULTRACEMCO

  • NSE

    MCDOWELL-N

  • NSE

    VBL

  • NSE

    VEDL

  • NSE

    WIPRO

  • NSE

    ZOMATO