ScannersStrategies

Supertrend MFI Long

The strategy takes a long position when Supetrend gives a buy signal and overselling is indicated by money flow index

Order Type

MIS

Position Type

BUY

Time Frame

15min

Entry Conditions

MFI(20,0) higher than 25 and Close(0) crosses above Supertrend(7,3,0)

BUY 100 shares when MFI(20,0) higher than 25 and Close(0) crosses above Supertrend(7,3,0) at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 100 shares at stop loss % of 2 or target profit % of 5 at 15min candle interval using Candlestick chart chart.

Stop Loss

2

Target Profit

5

Stocks

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    ADANIENT

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