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Positional BeRD 1hour RSI 14

Order Type

CNC/NRML

Position Type

SELL

Time Frame

hour

Entry Conditions

Multitime frame completed(hour,Period max(11, High(-1) ) ) higher than Multitime frame completed(hour,Period max(11, High(-12) ) ) and Multitime frame completed(hour,Period max(11, RSI(14,-1) ) ) lower than Multitime frame completed(hour,Period max(11, RSI(14,-12) ) )

SELL 1 share when Multitime frame completed(hour,Period max(11, High(-1) ) ) higher than Multitime frame completed(hour,Period max(11, High(-12) ) ) and Multitime frame completed(hour,Period max(11, RSI(14,-1) ) ) lower than Multitime frame completed(hour,Period max(11, RSI(14,-12) ) ) at hour candle interval using Candlestick chart chart. Enter trade between 10:15 to 23:59

Exit Conditions

BUY 1 share at stop loss of 25 or target profit of 55 with a Trailing SL of 20 at hour candle interval using Candlestick chart chart.

Stop Loss

25

Target Profit

55

Stocks

  • NFO-FUT

    NIFTY24APRFUT