MACD + RSI + EMA — Strategy by abishek_philip24
By abishek_philip24
Performance Metrics
- Author: abishek_philip24
- Symbol: NSE:IDBI
- Timeframe: 1 day
- Net P&L: +484.98 INR (+4.86%)
- Win Rate: 40.1%
- Profit Factor: 1.083
- Max Drawdown: 1,291.50 INR (12.17%)
- Total Trades: 162
Description
STRATEGY LOGIC --- LONG CONDITION ---1. Trend is Up (Price > EMA)2. MACD Bullish Crossover (Momentum Starting)3. RSI is Healthy (Between 50 and 70) - Buyers strong, but not exhausted--- SHORT CONDITION ---1. Trend is Down (Price 75) or Trend ReversesExit Short if RSI gets too cold (< 25) or Trend Reverses