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Williams Alligator Long

The startegy takes a long position when stock trades above Williams Alligator Jaw Teeth and Lips.

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Multitime frame(5min, Alligator(jaw,13,8,8,5,5,3,0) crosses below Close(0) ) and Multitime frame(5min, Alligator(teeth,13,8,8,5,5,3,0) lower than Close(0) ) and Multitime frame(5min, Alligator(lips,13,8,8,5,5,3,0) lower than Close(0) )

BUY 10 shares when Multitime frame(5min, Alligator(jaw,13,8,8,5,5,3,0) crosses below Close(0) ) and Multitime frame(5min, Alligator(teeth,13,8,8,5,5,3,0) lower than Close(0) ) and Multitime frame(5min, Alligator(lips,13,8,8,5,5,3,0) lower than Close(0) ) at 5min candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

Multitime frame(5min, Alligator(lips,13,8,8,5,5,3,0) crosses above Close(0) )

SELL 10 shares when Multitime frame(5min, Alligator(lips,13,8,8,5,5,3,0) crosses above Close(0) ) or at stop loss % of 1 or target profit % of 3 at 5min candle interval using Candlestick chart.

Stop Loss

1

Target Profit

3

Stocks

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    ITC

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    INFY

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    LT

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