EMA and RSI in BankNifty
You can check this project live on Telegram through this link If the link isn't working, simply open Telegram and search for fiveEMA in the search box.
- Overview: Monitors specified time frames to identify trading opportunities based on EMA and RSI values in BankNifty.
- Trade Execution: Initiates option selling with hedges when predefined EMA and RSI conditions are met.
- Risk Management: Manages position risks using the Profit Loss Detector Algo , ensuring positions are squared off if necessary.
- Hedge Management: Automatically squares off hedge positions if the corresponding selling positions are closed for any reason.
- Live Trades: For real-time trade updates, refer to the Telegram channel mentioned above.