ScannersStrategies

Stochastics Super ADX

The strategy takes a long position when Stochastics indicates bullishness along with confirmation from Supertrend and ADX.

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Multitime frame(5min, ADX(14,0) higher than 25 ) and Multitime frame(5min, Stochastic(14,%k,Yes,0) crosses above Stochastic(14,%d,Yes,0) ) and Multitime frame(5min, Close(0) higher than Supertrend(7,3,0) )

BUY 10 shares when Multitime frame(5min, ADX(14,0) higher than 25 ) and Multitime frame(5min, Stochastic(14,%k,Yes,0) crosses above Stochastic(14,%d,Yes,0) ) and Multitime frame(5min, Close(0) higher than Supertrend(7,3,0) ) at 5min candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

Multitime frame(5min, Close(0) crosses below Supertrend(7,3,0) )

SELL 10 shares when Multitime frame(5min, Close(0) crosses below Supertrend(7,3,0) ) or at stop loss % of 1 or target profit % of 2 at 5min candle interval using Candlestick chart.

Stop Loss

1

Target Profit

2

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    GRASIM

  • NSE

    HDFCBANK

  • NSE

    HEROMOTOCO

  • NSE

    HINDUNILVR

  • NSE

    ICICIBANK

  • NSE

    INFY

  • NSE

    M&M

  • NSE

    NESTLEIND

  • NSE

    POWERGRID

  • NSE

    SHRIRAMFIN

  • NSE

    SBIN

  • NSE

    TCS

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    TRENT

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO