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Macd

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

MACD(12,20,9,macd,0) crosses above MACD(12,26,9,signal,0) and MACD(12,26,9,signal,0) lower than -40 and Volume(0) higher than Moving average(close,20,simple,0)

BUY 1 share share when MACD(12,20,9,macd,0) crosses above MACD(12,26,9,signal,0) and MACD(12,26,9,signal,0) lower than -40 and Volume(0) higher than Moving average(close,20,simple,0) at 5 minutes candle interval using Heikin-Ashi chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 1 share share at stop loss of 20% or target profit of 100% with a Trailing SL % of 20 at 5 minutes candle interval using Heikin-Ashi chart.

Stop Loss

20

Target Profit

100

Stocks

  • NFO-OPT

    BANKNIFTY2420744800CE

  • NFO-OPT

    BANKNIFTY2420744800PE