RR Nifty Index Options Strategy

This is a 5-minute trading strategy designed for Nifty Index Options, utilizing a combination of the Simple Moving Average (SMA) and the Relative Strength Index (RSI) to identify trade opportunities.

How It Works
Entry Conditions:

A BUY signal is generated when the price crosses above the SMA, and RSI is below the overbought level.
A SELL signal is triggered when the price crosses below the SMA, and RSI is above the oversold level.
Exit Conditions:

Positions are closed automatically if the price hits either:
Target Profit (1% gain from entry price)
Stop Loss (0.5% loss from entry price)