Community ideas
SIMPLE MOVING AVG 10,20,50,100,200 with RESOLUTIONMoving averages work quite well in strong trending conditions but poorly in choppy or ranging conditions.
use this indicator along with Price action theory and not alone.
Moving average crossovers are a popular strategy for both entries and exits.
MAs can also highlight areas of potential support or resistance
COAL INDIA BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
Demo Video of Pavan's SupTrend Tool on Crude Oil 15 MinuteHello Everyone,
This is the tool/indicator I'm working on from last 2 months and testing it on various instruments where I found this very effective on CrudeOil Segment.
Watch the video and let me know if you are interested for this.
Indicator is not YET PUBLISHED so No use of searching!
NIfty review for 15 June 2020Nifty has been in consolidation making a wedge pattern on daily charts.
VIX has increased by approx 4% suggesting that upcoming moves may be fast and furious in both directions. However, probability of market sustaining above 10400 is very low. Adding to that, the fear of second wave of Covid19, economic slowdown and deteriorating global economic conditions will add pressure to Indian markets too.
Importance of back testing and correct coding practices The video idea shows how signals can be non-repainting and one can back-test. we are talking more on buy/sell signals from the pine scripts. one must need to ensure that signals are not repainting and this can be very easily ensured by correct coding practices.
in example i took nifty50 15 min chart and just replayed the study developed by me.