Aluminium RSI Strategy

MCX Intermediate ALUMINIUM Futures ALUMINI Futures

Overbought/Oversold Reversals with Trend Confirmation

Backtest Aluminium RSI Strategy on real market data — free
Simulate it in AlgoKing with zero real-money risk. No card required.
Start free →

Quick Reference

Strategy Type Momentum-Based RSI Trading
Market Outlook Overbought/Oversold Reversals with Trend Confirmation
Risk Level Moderate
Time Horizon Intraday to Short-term Positional
Best Conditions Ranging to mildly trending markets with clear momentum shifts
Avoid When Strong trending markets, low volume sessions, major news events

India-Specific Notes

Contracts

ALUMINIUM 5 MT (5000 kg) • Per kg in INR
ALUMINI 1 MT (1000 kg) • Per kg in INR

Margin Types

MIS Intraday margin ~4-5% of contract value
NRML Full margin for positional trades ~6-7%

Price Drivers

Global LME Aluminium prices, Dollar Index, China production/demand data
Domestic Auto sector, packaging industry, power sector, construction

Best Trading Sessions

Morning 9:00 AM - 11:30 AM (Indian market activity)
Evening 6:00 PM - 9:30 PM (LME overlap - best for RSI signals)
Night 9:30 PM - 11:30 PM (US market influence)

Ready to test Aluminium RSI Strategy?

AlgoKing is a flight simulator for traders — real market data, real backtests, zero real-money risk.

Create your free account

Educational simulation platform. Not investment advice. No SEBI registration required.

AlgoKing Support
AI-powered • Instant answers
Hi! I'm AlgoKing's AI assistant. How can I help you today?
Pricing Plans Supported Brokers How to Start MCX Algorithms