Want afl for the logic

vsreeram77

Active Member
#1
Opening Range Breakout using EMA
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Opening Range Breakout Time : First 30 Min

Indicators Used : EMA 5 (Close ) and EMA 20 ( Close )


Buy Trend confirmation :
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EMA 5 > EMA 20 in 5 Min/15 Min / 30 Min (must be match with all 3 time frames)


Sell Trend confirmation :
-------------------------

EMA 5 < EMA 20 in 5 Min/15 Min / 30 Min (must be match with all 3 time frames)


Buy Entry :
-----------

When a stock price moves above ORB High, along with Positive
buy trend, take a buy

Exit when EMA 5 < EMA 20 , in 5 Min time frame.


Sell Entry :
-----------

When a stock price moves below ORB Low, along with Negative
sell trend, take a sell

Exit when EMA 5 > EMA 20 , in 5 Min time frame.
 

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