For 15 min Trade
BUY : Cross OVER EMA 8 , SMA 20 and CCI(20) move above +100 this should happen on 15 minutes one candle then only BUY SIGNAL should come.
Stop loss: Buy trade candle previous candle Low.
BUY–EXIT: 1)candle completely close below 8EMA.
OR
2) 8 Cross below 20 SMA.
OR
3) CCI(20) moved below -100.
SELL : 8 EMA cross below 20 SMA and CCI(20) moved below -100 this should be happening on one candle.
STOP Loss: SELL signal candle previous candle low.
SELL EXIT:
- candle complete close above 8 EMA.
or - 8 EMA cross above 20 SMA.
or - CCI cross above +100.
CONDITION : EXIT Trade should initiate only one time whenever BUY or SELL trade is ACTIVE.
Kindly help me with this trade … As per my experience, this will work out for 15 above time frames…
Thanks
Murali P
[email protected]