Comment on Application of Option Greeks

Manish commented on 03 Sep 2014, 11:53 AM

Hello Karthik

For buy alert expression i use:
SET A = (RSI(CLOSE, 10)) (RSI(CLOSE, 10) > 55) and RSI(CLOSE, 10) > SMA(A, 10) and CLOSE > EMA(HIGH, 20)

For sell alert expression i use:
SET A = (RSI(CLOSE, 10)) (RSI(CLOSE, 10) < 45) and RSI(CLOSE, 10) < SMA(A, 10) and CLOSE < EMA(LOW, 20)

Buy exit alert 0
Buy sell alert 0

But this triggers trade only on the buy side and sell side trades r not generated. Sell expression is exactly simply reverse of buy expression.

I have tried on many scripts , nifty as well as currency for 5 min interval

Could u guide

Manish 9820818028

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