A Back-tested Profitable Strategy for Free!! A PIVOT INTRADAY STRATEGY for 5 minute Time-Frame , that also explains the time condition for Indian Markets The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more. The commission is also included in the strategy . The basic idea is when , 1) Price crosses above ema1...
The Central Pivot Range (CPR) is absolutely, without a doubt, the most powerful part of the Floor Pivots indicator. It has three lines, Upper line is called "TC", lower line is called "BC" and the Middle line is the "PP-Pivot Point" Formula to Calculate CPR : TC = (Pivot - BC) + Pivot Pivot = (High + Low + Close)!3 BC = (High + Low)/2 At any given time,...
Good day guys this is to explain how real life market structure work and how the market maker manipulate your thoughts First thing when you are analysing on the market make sure you identify the key zones first. What's the key zone. A key zone in an uptrend is the lows( higher low) that makes the market to form another high which is higher than previous high....
1] When Price is Open=high and also below pivot level, and rejected from previous day close . 2]Also broke Previous day low with strong candle - Indicates (bear are strong) bearish view and can go aggressively bear side. 3] When price gets rejected from previous day close , it stay bear side and less chance of reversal (week Bull) when it break...
Before getting started for high opportunity Trade Setup. Let's understand the about Diagonal. What is exactly Diagonal: It is a five-wave overlapping structure, wherein each wave subdivides into three smaller waves. It is typically an ending or terminating wave pattern and is found in the fifth wave position on an impulse wave and the wave C position of A-B-C...
🛑in Yesterday market analysis i told that there's indecision between buyers and sellers at high level , and today also market is rejected from 38800 - 38900 levels and if you see the BANKNIFTY in Day frame chart we can clearly observe that it forming bearish candles at higher levels -in today market we can observe that there's is indecision between sellers and...
- i was keep telling that market is opening in huge gap up it is not a encouraging move for market , now filling those gaps - another thing to remember while investing in stocks , Smart money is moving away from market - Day Volatility is increased by Nearly 5% , if anyone taken trade without knowing crucial S&R they will hitted by SL -Currently NIFTY is...
Market respect that trend line, which was previously Resistance Line and break, after few days It became Support Line.
NSE:HAVELLS Market break the resistance line but unable to close above the line and make upper shadow, that's means the chart itself respect the resistance point again. So without closing we can't rely on such breakouts. Showing upper shadow in same point on several times means the chart/market already started to ignore this price level.
Shows available Public Library Indicators for Pivot Points & CPR
Floor Pivot Calculations Pivot Point (PP) = (H+L+C)/3 First resistance (Rl) = 2*PP –L First Support (Sl) = 2*PP - H Second Resistance (R2) = PP + (Rl-S 1) Second Support (S2) = PP - (Rl-S 1) Third Resistance (R3) = R1 + (H - L) Third Support (S3) = S 1 - (H - L) Where, H=High, L = Low, C = Close ...
Explained on which trade to take on which kind of camarilla setup. Even Camarilla have Narrow and wide range just like CPR Providing you the knowledge on how to identify trend of the day on the first bar of the day!!!! Drawings and explanation has been given on chart. do your back testing and then see the result. Proving a Small script below of Camarilla.
Will it form dual bottom? will it recover to 500 odd zones in no timr ? will it crash to 360 odd zones ??
Hello Traders, I am back with the new educational concept. You may have often heard the word "RSI" We are going to study about RSI : "Relative Strength Index", which is the most used indicator. RSI is the price following indicator and it provides important levels from 0 to 100. The important levels of RSI are 40-60, 70-30 and...
The current support for Natural gas is 162.7. If the candel breaks the 162.7 and open new candel below that then it may go down few points. sell range (162.6-162) Note: only when the candel opens below 162.7 stoploss (164-165) Target (160-159) Note: The Target which i Given is based on pivot and previous support & Resistance This is only for educational purpose...