ScannersStrategies

MACD Supertrend Short With MFI

The short strategy uses three indicators to identify a downtrend and send alerts.

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min, MFI(20,0) lower than 80 ) and Multitime frame(5min, MACD(12,26,9,macd,0) lower than MACD(12,26,9,signal,0) ) and Multitime frame(5min, Close(0) lower than Supertrend(10,3,0) )

SELL 1 share when Multitime frame(5min, MFI(20,0) lower than 80 ) and Multitime frame(5min, MACD(12,26,9,macd,0) lower than MACD(12,26,9,signal,0) ) and Multitime frame(5min, Close(0) lower than Supertrend(10,3,0) ) at 5min candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 1 share at stop loss % of 1 or target profit % of 3 at 5min candle interval using Candlestick chart.

Stop Loss

1

Target Profit

3

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

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    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    BHARTIARTL

  • NSE

    COALINDIA

  • NSE

    ETERNAL

  • NSE

    HCLTECH

  • NSE

    HEROMOTOCO

  • NSE

    ICICIBANK

  • NSE

    INDUSINDBK

  • NSE

    JIOFIN

  • NSE

    LT

  • NSE

    ONGC

  • NSE

    RELIANCE

  • NSE

    TCS

  • NSE

    TECHM

  • NSE

    TRENT

  • NSE

    WIPRO