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Order Type

CNC/NRML

Position Type

BUY

Time Frame

hour

Entry Conditions

Multitime frame(hour, RSI(14,0) crosses above RSI MA(14,simple,20,0) ) and Multitime frame(hour, RSI(14,0) higher than 50 )

BUY with max allocation 10000 when Multitime frame(hour, RSI(14,0) crosses above RSI MA(14,simple,20,0) ) and Multitime frame(hour, RSI(14,0) higher than 50 ) at hour candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Multitime frame(day, RSI(14,0) higher than equal to RSI MA(14,simple,20,0) ) and ( ( ( Multitime frame(day, RSI(14,0) ) - Multitime frame(day, RSI MA(14,simple,20,0) ) ) / Multitime frame(day, RSI(14,0) ) ) * 100 ) lower than equal to 2

SELL with max allocation 10000 when Multitime frame(day, RSI(14,0) higher than equal to RSI MA(14,simple,20,0) ) and ( ( ( Multitime frame(day, RSI(14,0) ) - Multitime frame(day, RSI MA(14,simple,20,0) ) ) / Multitime frame(day, RSI(14,0) ) ) * 100 ) lower than equal to 2 or at stop loss % of 5 or target profit % of 20 at hour candle interval using Candlestick chart chart.

Stop Loss

5

Target Profit

20

Stocks

  • NSE

    BANKBARODA

  • NSE

    JMFINANCIL