Stochastic Mean Reversion

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

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

  BPCL

• NSE

  BHARTIARTL

• NSE

  BRITANNIA

• NSE

  EICHERMOT

• NSE

  HINDUNILVR

• NSE

  INDUSINDBK

• NSE

  INFY

• NSE

  JSWSTEEL

• NSE

  MARUTI

• NSE

  NESTLEIND

• NSE

  POWERGRID

• NSE

  SHRIRAMFIN

• NSE

  SBIN

• NSE

  TRENT

• NSE

  WIPRO