HM 1 hour strategy

Entry Conditions

Multitime frame completed(month, RSI MA(9,exponential,3,0) higher than RSI MA(9,weighted,14,0) ) and Multitime frame completed(week, RSI MA(9,exponential,3,0) higher than RSI MA(9,weighted,21,0) ) and Multitime frame completed(day, RSI MA(9,exponential,3,0) ) higher than 50 and Multitime frame completed(hour, RSI MA(9,exponential,3,0) crosses above RSI MA(9,exponential,21,0) )

BUY with max allocation 100000 when Multitime frame completed(month, RSI MA(9,exponential,3,0) higher than RSI MA(9,weighted,14,0) ) and Multitime frame completed(week, RSI MA(9,exponential,3,0) higher than RSI MA(9,weighted,21,0) ) and Multitime frame completed(day, RSI MA(9,exponential,3,0) ) higher than 50 and Multitime frame completed(hour, RSI MA(9,exponential,3,0) crosses above RSI MA(9,exponential,21,0) ) at hour candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

RSI MA(9,exponential,3,0) crosses below RSI MA(9,exponential,21,0)

SELL with max allocation 100000 when RSI MA(9,exponential,3,0) crosses below RSI MA(9,exponential,21,0) or at stop loss % of 100 or target profit % of 1000 at hour candle interval using Candlestick chart chart.

Stop Loss

100

Target Profit

1000

Stocks

• NSE

  TATASTEEL