I want to understand how the below condition was satisfied to enter a trade in Nifty Options 18050 PE (10th Nov expiry) @9:24 am
Symbol(INDICES_NIFTY 50, Multitime frame(5min, Low(0) ) ) lower than Symbol(INDICES_NIFTY 50, Multitime frame(5min, Prev N(Low,-1,5min) ) )
and
Symbol(INDICES_NIFTY 50, Multitime frame(5min, Prev N(Low,-1,5min) ) ) higher than Symbol(INDICES_NIFTY 50, Multitime frame(5min, EMA(close, 5, -1) ) )
Condition I wanted to implement is basically (for NIFTY)
- Current 5 min candle ongoing low < Previous closed 5 min candle
- Previous closed 5 min candle low > Previous 5 min candle EMA
As per me it should not have satisfied