Specification
INDICATORS
1) VWAP needs to purchase
In that middle line VWAP and above 3 lines , below 3 lines)
I will mention code like UL 3, UL 2 , UL 1, VWAP, LL 1 , LL 2, LL 3.
U = UPPER, L = LINE IN UL/L= LOWER L= LINE IN LL
2)MA 7 ( method : exponential)
3)MA 20 ( method : exponential)
4)MA 50 ( method : exponential)
Conditions: 1min chart time frame
For BUY:
MA 7 crossing from below to above LL 2 BUY LOT 1
STOPLOSS WHEN MA 7 CROSS DOWN LL 2.
OR MA 20 CROSSING BELOW MA 50.
MA7 CROSSING VWAP ADD LOT 2
STOPLOSS WHEN MA 7 CROSS DOWN VWAP.
EXIT LOT 1 AND LOT 2 WHEN MA 7 CROSS DOWN FROM ABOVE UL 2.
FOR SELL:
MA 7 CROSSING BELOW FROM ABOVE UL 2 SELL ONE LOT.
STOPLOSS WHEN MA 7 CROSSING ABOVE UL 2.
OR MA 20 CROSSING UP MA 50.
WHEN MA 7 CROSSING DOWN VWAP ADD SELL LOT 2.
STOPLOSS WHEN MA 7 CROSSING UP FROM BELOW VWAP.
EXIT LOT 1 AND LOT 2 WHEN MA 7 CROSSING FROM BELOW TO ABOVE LL 2.
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