SivaDurga

3X confirmation trade

SivaDurga Updated   
NSE:NIFTY   Nifty 50 Index
Half trend - Blue Buy & Exit red and vice versa

RSI buy sell- Green Cross over Red - Buy and vice versa

Stochastic RSI- Buy at 20 & Exit at 80+ and vice versa
Comment:
# No trade zone or consolidation zone- when RSI buy sell force lines been together
Only trade when there is Gap in RSI buy sell force
Comment:
A)1st Confirmation = Half trend - Buy only after blue line appears & Exit red when it turns red and vice versa for sell/short

B)2nd Confirmation- RSI buy sell force ver 1- Buy only Green crossover red line and exit at red cross over green and vice versa for sell/short

C) 3rd confirmation -Stochastic RSI- Buy once it cross 20+ and exit at 80+

Make sure all these are in same direction.....If any one is not in the direction , don't enter the trade.....Wait/Hold period
Comment:
Applicable for any time frame 1 Min, 5 min, 15min, 1h...

I trade in 5 min frame and on expiry I trade in 1 Min frame

Thank You
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.