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Super trend choppiness

Order Type

MIS

Position Type

BUY

Time Frame

15min

Entry Conditions

Supertrend(11,1,0) crosses below Close(0) and Choppiness Index MA(14,simple,20,0) lower than Choppiness Index(14,0)

BUY 1 share share when Supertrend(11,1,0) crosses below Close(0) and Choppiness Index MA(14,simple,20,0) lower than Choppiness Index(14,0) at 15 minutes candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

Supertrend(11,0,0) crosses above Close(0)

SELL 1 share share when Supertrend(11,0,0) crosses above Close(0) or at stop loss of 20% or target profit of 100% with a Trailing SL % of 20 at 15 minutes candle interval using Candlestick chart.

Stop Loss

20

Target Profit

100

Stocks

  • NFO-OPT

    BANKNIFTY2420744800PE

  • NFO-OPT

    BANKNIFTY2420744800CE