Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Trade active
⋅
Entry point triggered at around 9:35 AM and on to the target-1. Made a high of 742.5 so far
Comment
⋅
Achieved target-1 and went very close to target-2. Made a high of 746.8.
Trade closed manually
⋅
After getting closer to target-2, the script started its downfall and hit SL as well, so couldnt reach further targets. So this is a partially successful call.
Thanks for this trade, this works. What's the strategy behind this?
MuthiahM
⋅
@spkprav, Thanks. Started studying and analyzing various indicators and the patterns that it creates just before a big downfall day or a big upmove day. May be close to 150 indicators I would have tested for this, and finally identified close to 28 indicators which creates some patterns to judge the next day candle. Based on that, I have created a few systems through pine script in tradingview. Right now I cannot reveal the system completely, as it is still in a research state.
Please see it doesnt work fine always, but I am definitely getting better success with this system than any other that I used in the past. Even this call, if you see it went till second target, but then it started descending, so like any other system this system also fails, but the success % is around 88%. Enjoy trading.
Thanks for this trade, this works. What's the strategy behind this?