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RSI and Supertrend based Robot for Indian market

MQL4 Indicators Experts Python Trading robot/indicator debugging Stocks

Job finished

Execution time 48 days
Feedback from customer
good experience working with this developer
Feedback from employee
Great man! One of the best client I ever had. Nice communication and clarifications of requirement. looking for long term relationship

Specification

timeframe: 5 mins

symbols: nifty stocks and futures only

trade entry time: 10AM (Indian time)

trade exit time: 12:30AM

Rules:

1. scan for stocks which are open=high or open=low at 9:55AM

2. for open=low symbols only buy applicable 

3. for open=high symbols only sell applicable

4. wait until 10AM

5. after 10AM, calclulate RSI and Supertrend

6. buy open=low stocks if RSI is below 10 and supertrend is showing UP trend

7. sell open=high stocks if RSI is above 90 and supertrend is showing DOWN trend

8. will explain target and stoploss calculations later



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Project information

Budget
50+ USD