this strategy works on the basis of crossovers of RSI at different period and OBV at different periods (separately). I am using it for Nifty and Bank Nifty. Entry for long can be taken when green bar appears; and exit has to be done when it disappears. Entry for short has to be taken when red bar appears; and exit has to be done when it disappears. With little help from price action good results can be achieved.
Информация о релизе
⋅
this strategy works on the basis of crossovers of RSI at different period and OBV at different periods (separately). I am using it for Nifty and Bank Nifty . Entry for long can be taken when green bar appears; and exit has to be done when it disappears. Entry for short has to be taken when red bar appears; and exit has to be done when it disappears. With little help from price action good results can be achieved.
Update: OBV length has been changed from 2 to 3 and second RSI length has been changed from 11 to 9.
Информация о релизе
⋅
this strategy works on the basis of crossovers of RSI at different period and OBV at different periods (separately). I am using it for Nifty and Bank Nifty . Entry for long can be taken when green bar appears; and exit has to be done when it disappears. Entry for short has to be taken when red bar appears; and exit has to be done when it disappears. With little help from price action good results can be achieved.
Update: green and red bars have been changed to green and red background. DMI indicator has also been added to identify the breakouts.
Информация о релизе
⋅
this strategy works on the basis of crossovers of RSI at different period and OBV at different periods (separately). I am using it for Nifty and Bank Nifty . Entry for long can be taken when green bar appears; and exit has to be done when it disappears. Entry for short has to be taken when red bar appears; and exit has to be done when it disappears. With little help from price action good results can be achieved.
Update: green and red bars have been changed to green and red background. DMI indicator has also been added to identify the breakouts. Update1: chart updated