ScannersStrategies

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

    BEL

  • NSE

    BHARTIARTL

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    GRASIM

  • NSE

    HINDALCO

  • NSE

    ICICIBANK

  • NSE

    ITC

  • NSE

    JSWSTEEL

  • NSE

    JIOFIN

  • NSE

    KOTAKBANK

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    ONGC

  • NSE

    SBILIFE

  • NSE

    SUNPHARMA

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TMPV

  • NSE

    TATASTEEL

  • NSE

    TITAN

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO