ScannersStrategies

MACD Supertrend Short With MFI

The short strategy uses three indicators to identify a downtrend and send alerts.

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min, MFI(20,0) lower than 80 ) and Multitime frame(5min, MACD(12,26,9,macd,0) lower than MACD(12,26,9,signal,0) ) and Multitime frame(5min, Close(0) lower than Supertrend(10,3,0) )

SELL 1 share when Multitime frame(5min, MFI(20,0) lower than 80 ) and Multitime frame(5min, MACD(12,26,9,macd,0) lower than MACD(12,26,9,signal,0) ) and Multitime frame(5min, Close(0) lower than Supertrend(10,3,0) ) at 5min candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 1 share at stop loss % of 1 or target profit % of 3 at 5min candle interval using Candlestick chart.

Stop Loss

1

Target Profit

3

Stocks

  • NSE

    ADANIENT

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    ADANIPORTS

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    APOLLOHOSP

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    ASIANPAINT

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    AXISBANK

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    BAJAJ-AUTO

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    BAJFINANCE

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    BAJAJFINSV

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    BEL

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    BPCL

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    BHARTIARTL

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    BRITANNIA

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    CIPLA

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    COALINDIA

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    DRREDDY

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    EICHERMOT

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    GRASIM

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    HCLTECH

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    HDFCBANK

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    HDFCLIFE

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    HEROMOTOCO

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    HINDUNILVR

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    ITC

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    INDUSINDBK

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    LT

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    M&M

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    MARUTI

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    NTPC

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    NESTLEIND

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    ONGC

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    POWERGRID

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    RELIANCE

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    SBILIFE

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    SHRIRAMFIN

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    SBIN

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    SUNPHARMA

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    TCS

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    TATACONSUM

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    TATAMOTORS

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    TATASTEEL

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    TECHM

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    TRENT

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    WIPRO