Buy when both the seprt trends give buy signal and add more positions when MA RIBBON turns green ,stoploss should be the minor supertrend tthreshold simillarly with sell, sell when both the supertrends gives sell signal, increase positions when MA RIBBON turns red. Keep an eye on itrabar volumes always.
Comment
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INDICATORS USED MULTITIMEFRAME SUPERTREND ,MA RIBBON, SUPPORT AND RESSISTANCE FINDER, DYNAMIC SUPPORT AND RESSISTANCE, INTRBAR VOLUME
Is this technique is for Swing trading or intraday pl explain because I am new in trading
krishnasrinivas7674
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@mayudevi,
If intraday time frame is 5min and 15min.
For swing 30 min. For positional 1 hr chart for
Investment daily and weekly time frames.
All the best
@Amit87,
buy when supertrend gives buy signal and increase or add more when MA ribbon turns green ,stoploss should be your supertrend.
sell when supertrend gives sell signal and add more on short positions if MA RIBBON TURNS TO RED ,stoploss is your supertrend .
please check the above chart carefully,
for intraday 5min or 15 min time frame .
for swing 30 min time frame