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Stochastic Mean Reversion

The mean reversion short strategy uses Stochastic and upper Bollinger band to gauge overselling in the market and send alerts.

Order Type

MIS

Position Type

SELL

Time Frame

hour

Entry Conditions

Multitime frame(hour, Stochastic(5,%k,Yes,0) higher than 80 ) and Multitime frame(hour, Close(0) crosses below UBB(Close,20,2,simple,0) )

SELL 1 share when Multitime frame(hour, Stochastic(5,%k,Yes,0) higher than 80 ) and Multitime frame(hour, Close(0) crosses below UBB(Close,20,2,simple,0) ) at hour candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

Multitime frame(hour, Close(0) crosses below MBB(Close,20,2,simple,0) )

BUY 1 share when Multitime frame(hour, Close(0) crosses below MBB(Close,20,2,simple,0) ) or at stop loss % of 1 or target profit % of 2.5 at hour 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

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    EICHERMOT

  • NSE

    HINDALCO

  • NSE

    HINDUNILVR

  • NSE

    INFY

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    MARUTI

  • NSE

    RELIANCE

  • NSE

    SHRIRAMFIN

  • NSE

    SBIN

  • NSE

    SUNPHARMA

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO