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#Mothersumi Good short term buy As we can see #mothersonsumi system has formed an inverse cup and currently forming a channel where we can expect few levels for a short-term period. Below is the level Level 1:- Closing and Sustaining above 221.95 Level 2:- 230 (Once this target is achieved we can expect a shortfall followed by a small bull run) Also, the indicators are showing a good buying sign, MACD - cut up Rsi - 54.34 All the levels mentioned can also be considered as Support and Resistance lines.
MLong
by Dhaval_Parekh
BEEN WORKING ON A TRADING PROGRAM FOR 3-4 MONTHS THAT WILL..... BE A ALL IN ONE INDICATOR FOR BITCOIN BUT I BELIEVE IT WILL WORK FOR ALL CRYPTOS AND STOCKS, THIS IS THE START OF MY "10XBITCANDLES" BITCOIN PARSE 20+ ALL IN ONE TRADING INDICATOR FOR DUMMIES, IT WILL HELP CUT OUT THE NOISE AND READ THE LANGUAGE OF EACH INDICATOR GIVING EACH A VALUE OF 5% AND AS EACH INDICATOR GIVES THE SHORT/LONG -BUY-SELL SIGNALS SO SHALL OUR PERCENT OF WINNING THAT TRADE WITH A HIGH PROBABILITY OF ACCURACY UP TOO 100% , I AM STILL CONSIDERED A NEWBIE TRADER MYSELF NEXT TOO THE GREAT VETERANS THAT HAVE GIVEN THERE SCRIPS TO THE GUYS JUST STARTING OUT TRADING AND CHARTING AND I THANK THEM FOR THE OPEN SOURCE VERY VALUABLE HARD WORK IN SCRIPTS AND WRITING NEW PINE CODE FOR ALL OF US HERE ON TRADING VIEW THE BEST CHARTING PROGRAM TO DATE WITH A AWESOME COMMUNITY OF TRADERS AND CHARTERS, YES I HAVE LOST MY SHIRT IN THE PAST FEW MONTHS TRADING AND I CHOSE TO NOT PAPER TRADE AND NOT PRACTICE WITH NOTHING TO LOSE BECAUSE I KNOW FROM EXPERIENCE WHEN WE HAVE NOTHING TOO LOSE WE ARE DANGEROUS MOSTLY TO YOURSELF, I BELIEVE WE U HAVE TO ENDURE PAIN AND LOSS TO GROW AND LEARN IN ORDER TO BECOME THE VERY BEST AT WHAT YOU ARE LEARNING , BELIEVE ME IT WAS VERY FRUSTRATING TO GET REKT DAY AFTER DAY ON BYBIT AND IT WAS VERY HARD LOSING ALMOST 10K AND REALLY STARTED TO THINK THAT THE GAME OF TRADING IS RIGGED AND I SAW JUST HOW THE TECHNICAL S ,FUNDAMENTALS IN BITCOIN TRADING STARTED TO CHANGE AFTER THE FUTURES EXCHANGES AND THE BIG WHALES GOT INVOLVED AND IT WAS NOT SO MUCH THEY WERE RIGGING THE GAME BUT IT WAS MYSELF BEING A NEW TRADER AND I WAS LOSING BECAUSE I WAS STILL NEW AND ON THE OTHER SIDE OF EVERY TRADE IS ANOTHER TRADER WITH THE OPPOSITE SHORT OR LONG AS YOU AND HE WAS JUST BETTER AND I KNEW I WAS GOING AGAINST SOME SEASONED VETERANS SO I KNEW I HAD TO STEP UP MY GAME AND BUILD A KICK ASS CHART AND USE ALL THE TOOLS TRADING VIEW OFFERS AND ALL THE GREAT SCRIPS OUT THERE FOR ME TO USE SO I DID NOT HAVE TO INVENT THE WHEEL AGAIN BUT KNEW I HAD TO INVENT A BETTER TRADING PROGRAM, BOT, ALGO'S A ALL IN ONE SIMPLISTIC INDICATOR PROGRAM USING THE BEST TRIED AND PROVEN SCRIPTS FROM THE PROS ON HERE AND MAKE TRADING EASY BUY CUTTING OUT ALL THE NOISE AND LET THE PROGRAM DO ALL THE CALCULATING AND WORK AND MAKE A PROGRAM THAT WILL TRADE FOR ME AND OFFER IT UP FOR SUBSCRIPTION ONCE IT WAS BACK TESTED AND PROVEN TO GET ME WINNING A HIGH PERCENT OF TRADES WITH A PROGRAM THAT GIVES YOU THE HIGHEST PERCENT BASED ON MATH AND INDICATORS AND NOT ON LUCK , SOMETHING TO READ THE NOISE AND JUST MAKE IT LESS COMPLEX AND TIME CONSUMING SO WE CAN SPEND THAT TIME WITH OUR CHILDREN,WIVES AND FAMILY WHILE MAKING DOUBLE OR TRIPLE THE NET PROFITS DOING LESS , ACTUALLY DOING NOTHING BECAUSE I HAVE DONE ALL THE HARD WORK, EDUCATING, AND TAKING ALL THE LOSSES SO YOU AND I CAN NOW REAP THE BENEFITS OF TECHNOLOGY AND DAY TRADING WITH A GREAT SOURSE OF INCOME THAT WILL ONLY COST YOU LESS THEN A HUNDRED BUCKS A MONTH AND THE ELECTRICITY TO RUN A LAPTOP, ANYWAY THAT'S MY DREAM AND THIS CHART IS THE START OF IT AND LIKE TO GIVE BACK TO TRADING VIEW WHAT IT GAVE ME AND THAT WAS FREE SCRIPTS AND CHARTING TO TRY AND TEST OUT , YES I KNOW WE ONLY GET 3 FOR A FREE MEMBER BUT IT WAS WELL WORTH THE FEW EXTRA BUCKS A MONTH TO BECOME A PRO AND TO BE ABLE TO USE OVER 20 INDICATORS AT ONCE AND TO BE ABLE TO EDUCATE MYSELF WITH EACH INDICATOR,CHARTS AND SCRIPTS YOU GUYS IN THIS OPPORTUNITY HAVE OFFERED AND GIVING AND I THANK YOU, TODAY IM ALREADY WINNING MORE TIMES THEN LOSE AND I HAVE TO SAY MY WINNING TRADE RATIO ALREADY IS AT 60-65% AND THAT AFTER A FEW MONTHS OF GETTING REKT, BUT IM COUNTING ON THAT RATIO MOVING UP TO CLOSER TO 75-80% ONCE MY "10XBITCANDLES" IS BUILT, CREATED AND BACK TESTED . ENJOY THIS GREAT CHART AND THE BEGINNING OF THE BEST TRADING PROGRAM FOR DUMMIES ON THE NET..LOL TRADINGVIEW, 10XBIT.TRADER
BYBIT:BTCUSD.PLong
by TENXBITTRADER
1
NIFTY levels for the month of "valentine" nifty ANALYSIS 4 the month of " BEAUTY , LOVE , PROMISES , Choclates , TEDDY BEARS AND BARBIE DOLLS ,and {broken promises } I AM OVERALL bearish on the market and see any opprtunity of rise below IMP levels can be good opportunity to sell , market may consolidate at the range of 10650 - 760-800 mark and further a down slide can be seen . an upside can be possible only IFF it sustains 10800 MARK AND THAT may lead to 111050 and 11175. the possibility of 11200 for me is near to IMPOSSIBLE ! but lets wait and watch what the MONTH OF LOVE brings !
NSE:NIFTY
by pratik2358
1
Nifty : More with Indicators & Stuff !Indicators ??? On InsiderB post ?! Oh yes & It's not by mistake, for the purpose of explaining few things to the community. The wide spread view on Indicators be it RSI, Macd, stochastic or any indicator is that they lag & always come behind price action, they fail, can't be used for counter in trending markets, n lot more. But, Does any of the strategy out there works 100% of the time without failures ? In the same way Indicators do fail at times & work at times but if the same indicator is used with discipline without switching from one to another every week/day, you will be doing good at trading. So all of sudden I support Indicator usage ? I support all kinds of trading except gambling without a plan, its just that most of times I don't use indicator to take a trade, for very few setups only I look for RSI else none only price action. During starting phase of trading its more than welcome to use an indicator. Why ? Bcos it takes out the confusions for you indicating a direction for you, leave about trade fails or wins, if the same indicator & setup is followed every single time you can simply make money with an Indicator & moving averages. Bcos the winners will compensate the money you lost but only thing same process needs to be repeated for trading every single time. Marked those 1 & 2 just to show how they work normally, 2 being normal scenario they are well aligned with price & as price moves down, Indicator also goes down. But look at 1 . those are opposed, its divergence. The zones marked ( circled white), first two worked n next failed. There is Normal divergence & Hidden divergence and if you google you will find those variations & there are different school of thoughts which conflict which each other calling same divergence as Bullish & Bearish. And, last point as I shown Macd, it doesn't mean I'm following it :) Points to take home : i) Indicators has its flaws, Not failure ii) If followed consistently it makes money InsiderB
NSE:NIFTY
by InsiderB
20
USEFUL INDICATORS #1Here, I am starting a new series where I'll be sharing useful scripts available on Tradingview. Some people do not know that apart from the usual indicators, there are 100s of custom indicators/scripts on Tradingview. I'll be sharing a few good ones time to time which will help you in trading decisions. So, starting with the first one, this is Sentimental RSI by Rajandran Sir. ( link in the end ) The whole description of how it works and details are in the link. Now, my personal observations on this : 1 . Indicators like this work best in the daily timeframe or above. Don't use them for timeframes like 1 hour or 15 minutes. 2. Use them in addition to your trading strategy. If both of them give the same signal ,you have additional confirmation. 3. In this indicator, basically, a. Long when it turns green. b. Book partial profits when it turns blue. c. Exit when it turns red. and then ; a. Short when it turns red b. Book partial profits when it turns yellow. c. Exit when it turns green. The cycle goes on. ( now go to the chart and see if it works :p ) . also try with different stocks. Apply other extra filters according to your trading strategy. So, currently, you can see it's showing all green in Nifty indicating very good strength, so don't even think of shorting :p Here's the link of the indicator : Add it to your fav scripts and then add easily every time through the indicators section. I'd love to hear your feedback on this , if there any view or doubts, please comment. And please like Sir's script if you found it useful. And hit the 'thumbs up' button if you found this of any value.
NSE:NIFTYLong
by dravya
29