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hourlyRSIStrategymorethanAvgRSI

Order Type

MARKET

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

SELL with max allocation 10000 at stop loss % of 5 or target profit % of 10 with a Trailing SL % of 5 at hour candle interval using Candlestick chart chart.

Stop Loss

10

Target Profit

20

Stocks

  • NSE

    BANKBARODA

  • NSE

    JMFINANCIL