HELLO ALGO STREAK TEAM PLEASE HELP
This is Inside Bar Strategy that is
IN FUTURES AND OPTIONS SEGMENT, FOR FUTURE STOCKS ONLY
- First 15 Minute High is higher than Second 15 Minutes High
- First 15 Minute Low is lower than Second 15 Minute Low
- BUY ENTRY - PRICE (CLOSE) CROSSES ABOVE FIRST 15 MINUTE HIGH, THEN BUY ENTRY AT FIRST 15m HIGH PRICE, STOPLOSS FIRST 15 MINUTE LOW - TARGET 0.5%
- SELL ENTRY - PRICE(CLOSE) CROSSES BELOW FIRST 15 MINUTES LOW, THEN SELL ENTRY AT FIRST 15 MINUTE LOW PRICE, STOPLOSS - FIRST 15 MINUTES HIGH, TARGET 0.5%
CONDITION 1- FUTURE STOCKS ONLY
CONDITION 2- FIRST 15M HIGH AS BUY & LOW AS SELL AND STOP LOSS FOR BUY IS FIRST 15M LOW AND STOPLOSS FOR SELL IS FIRST 15M HIGH
CONDITION 3 - TARGET 0.5% ON ENTRY (FOR BUY AND SELL IS SAME)
CONDITION 4 - IF TARGET REACHES - STOPLOSS AUTOMATICALLY CANCELLED AND STOPLOSS HIT - THEN TARGET TO BE CANCELLED AUTOMATICALLY
CONDITION 5 - IF CAPITAL IS Rs.50000/-, 5 STOCKS WITH RS.10000/- CAPITAL WITH MARGIN MONEY (IF MARGIN IS 3 TIMES EACH STOCK DIVIDED WITH RS.30000/- CAPITAL)
CONDITION 6 - INTRADAY ONLY, STOCK TRADES NOT TO BE CARRIED OVER TO NEXT DAY, SAME DAY ITSELF TRADED AT 3-20PM IF TARGET AND STOPLOSS NOT HIT BY ALGO TRADINNG