MACD Trend Follower

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

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

  BAJAJFINSV

• NSE

  BEL

• NSE

  BHARTIARTL

• NSE

  CIPLA

• NSE

  COALINDIA

• NSE

  GRASIM

• NSE

  HCLTECH

• NSE

  HDFCLIFE

• NSE

  HEROMOTOCO

• NSE

  HINDALCO

• NSE

  ITC

• NSE

  JSWSTEEL

• NSE

  LT

• NSE

  M&M

• NSE

  MARUTI

• NSE

  NTPC

• NSE

  ONGC

• NSE

  POWERGRID

• NSE

  RELIANCE

• NSE

  TCS

• NSE

  TATAMOTORS

• NSE

  TATASTEEL

• NSE

  WIPRO