PROTECTED SOURCE SCRIPT
Borgir Buy sell Nifty and OIL
Trend Identification:
The strategy utilizes the Supertrend indicator, which consists of two lines that help determine the market's trend direction—upward or downward. This is achieved using the Average True Range (ATR) to gauge volatility and set levels for potential buy and sell points12.
Entry Signals:
Kharidoo (Buy) Signal: A buy signal is generated when the trend changes from bearish to bullish, indicated by the price closing above the upper Supertrend line.
Bechoo (Sell) Signal: Conversely, a sell signal occurs when the trend shifts from bullish to bearish, indicated by the price closing below the lower Supertrend line
Price Tolerance:
The strategy includes a tolerance parameter that allows for a percentage difference in price before executing trades. This helps in managing entry points more effectively, avoiding immediate market fluctuations that could lead to false signals14.
Trade Execution:
When a Kharidoo signal is triggered, the strategy enters a long position, and when a Bechoo signal occurs, it enters a short position. This systematic approach aims to capitalize on identified trends while managing risk through defined entry points.
The strategy utilizes the Supertrend indicator, which consists of two lines that help determine the market's trend direction—upward or downward. This is achieved using the Average True Range (ATR) to gauge volatility and set levels for potential buy and sell points12.
Entry Signals:
Kharidoo (Buy) Signal: A buy signal is generated when the trend changes from bearish to bullish, indicated by the price closing above the upper Supertrend line.
Bechoo (Sell) Signal: Conversely, a sell signal occurs when the trend shifts from bullish to bearish, indicated by the price closing below the lower Supertrend line
Price Tolerance:
The strategy includes a tolerance parameter that allows for a percentage difference in price before executing trades. This helps in managing entry points more effectively, avoiding immediate market fluctuations that could lead to false signals14.
Trade Execution:
When a Kharidoo signal is triggered, the strategy enters a long position, and when a Bechoo signal occurs, it enters a short position. This systematic approach aims to capitalize on identified trends while managing risk through defined entry points.
Geschütztes Skript
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