Intraday strategy

Algos, strategies, code
1

Sir, Do u have a strategy when these all conditions are met.


TIME FRAME 15 MIN
FOR BUY
1) RSI (9), rsi value should be between 10 to 60
2) RSI (14) and ema (6) crossover value less than 50
3) price crosses above Bands- BBTOP, BBBOT ( value= 20, 0.22 )
4) SMA(50)= price should be above this.
5) SL should be 1.2% and target price should be 0.75%

FOR SELL==
1) RSI (9) value between 40-90
2) RSI (14) and ema(6) crossover value greater than 50
3) price crosses below bands ( band value= 20, 0.22)
4) SMA(50) – price should be below this
5) SL 1.2% from entry and target 0.75% from entry

regards

2

Assuming on close of candle

BUY CODE

RSI(CLOSE,9)>10 AND RSI(CLOSE,9)<60 AND
SET A = EMA(RSI(CLOSE,14),6) 
CROSSOVER(RSI(CLOSE,14),A)<50 AND
CLOSE > BBT(CLOSE,20,2.2,EXPONENTIAL) AND
CLOSE > SMA(CLOSE,50)

SELL CODE

RSI(CLOSE,9)>40 AND RSI(CLOSE,9)<90 AND
SET A = EMA(RSI(CLOSE,14),6) 
CROSSOVER(RSI(CLOSE,14),A)>50 AND
CLOSE < BBB(CLOSE,20,2.2,EXPONENTIAL) AND
CLOSE < SMA(CLOSE,50)

 You cant code for 5th condition using Trade script.

3

Thanks Siva, but what could be the strategy for exit? when we take SL as 1% from entry and target as 0.75% from entry, whichever comes first?/ thanks in advance