Short deploy

The strategy takes a short position when Momentum indicator gives a sell signal and volume increases significantly.

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

MOM(14,0) lower than 0 and OBV(0) crosses below OBV(5)

SELL 1 share share when MOM(14,0) lower than 0 and OBV(0) crosses below OBV(5) at 5 minutes candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 1 share share at stop loss of 1% or target profit of 2.5% at 5 minutes candle interval using Candlestick chart chart.