Tripple Bearish SMA

The strategy send alerts when downtrend is indicated by SMA dead cross and is confirmed by two medium term moving averages

Entry Conditions

( Multitime frame(15min, SMA(close, 10, 0) crosses below SMA(close, 20, 0) ) or Multitime frame(15min, SMA(close, 10, 0) lower than SMA(close, 30, 0) ) ) and Multitime frame(15min, SMA(close, 10, 0) lower than SMA(close, 20, 0) )

SELL 40 shares when ( Multitime frame(15min, SMA(close, 10, 0) crosses below SMA(close, 20, 0) ) or Multitime frame(15min, SMA(close, 10, 0) lower than SMA(close, 30, 0) ) ) and Multitime frame(15min, SMA(close, 10, 0) lower than SMA(close, 20, 0) ) at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Multitime frame(15min, Close(0) crosses above SMA(close, 10, 0) )

BUY 40 shares when Multitime frame(15min, Close(0) crosses above SMA(close, 10, 0) ) or at stop loss % of 1 or target profit % of 4 at 15min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

4

Stocks

• NSE

  ADANIENT

• NSE

  ADANIPORTS

• NSE

  APOLLOHOSP

• NSE

  ASIANPAINT

• NSE

  AXISBANK

• NSE

  BAJAJ-AUTO

• NSE

  BHARTIARTL

• NSE

  COALINDIA

• NSE

  ETERNAL

• NSE

  GRASIM

• NSE

  HINDALCO

• NSE

  INDUSINDBK

• NSE

  JSWSTEEL

• NSE

  NTPC

• NSE

  ONGC

• NSE

  SBILIFE

• NSE

  SBIN