ScannersStrategies

MACD Trend Follower

A bearish trend following strategy uses MACD and Aroon Oscillator to send an alert.

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min, Aroon oscillator(40,0) crosses below 0 ) and Multitime frame(5min, MACD(12,26,5,macd,0) lower than MACD(12,26,5,signal,0) )

SELL 1 share when Multitime frame(5min, Aroon oscillator(40,0) crosses below 0 ) and Multitime frame(5min, MACD(12,26,5,macd,0) lower than MACD(12,26,5,signal,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 2.5 at 5min candle interval using Candlestick chart.

Stop Loss

1

Target Profit

2.5

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BPCL

  • NSE

    INDUSINDBK

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SHRIRAMFIN

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TITAN

  • NSE

    ULTRACEMCO