OPEN-SOURCE SCRIPT
50HCL by Pankaj
This is very simple trading setup to win the trade:
Best time frame for Trade: 15m & 30 m
If You want to trade for positional take 1 Hr Time Frame
Conditions:
* 1st candle (9:15am: NSE) opening price should be below 50L or 50C or 50H.
* When any candle closed above 50H, just take trade High of the this candle
* SL is 50L.
* RSI should be above 55
Best time frame for Trade: 15m & 30 m
If You want to trade for positional take 1 Hr Time Frame
Conditions:
* 1st candle (9:15am: NSE) opening price should be below 50L or 50C or 50H.
* When any candle closed above 50H, just take trade High of the this candle
* SL is 50L.
* RSI should be above 55
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