ScannersStrategies

TEMA

This strategy watches out for 2 different bearish trends: a short-term trend and a medium-term trend and signals an entry on the occurrence of either. To avoid false trend signaling, the strategy makes use of Tripple Exponential moving averages that ensure a smoother price curve.

Order Type

MARKET

Position Type

SELL

Time Frame

30min

Entry Conditions

TEMA(close, 10, 0) crosses below TEMA(close, 20, 0) and Close(0) crosses below TEMA(close, 30, 0)

SELL 10 shares when TEMA(close, 10, 0) crosses below TEMA(close, 20, 0) and Close(0) crosses below TEMA(close, 30, 0) at 30min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 10 shares at stop loss % of 1.5 or target profit % of 2 at 30min candle interval using Candlestick chart chart.

Stop Loss

1.5

Target Profit

2

Stocks

  • NSE

    BAJFINANCE

  • NSE

    HDFCBANK

  • NSE

    LT

  • NSE

    LTIM

  • NSE

    RELIANCE

  • NSE

    TCS

  • NSE

    TECHM