Trend
How to Draw Trend lines In a ChartSteps To Follow -
1- Open The Chart In DTF (Daily Time Frame)
2- Switch To Line Graph To Capture CLOSING PRICE Of Stock
3- Now Take Trend Line From Your TOOLS and Construct A Trend Line (Joinig the CLOSING PRICE of Stock)
4- After Constructing The Trend Line ( SEE ALL POSSIBLE CLOSSING PRICES IN THE CHART )
5- Now Switch to CANDLESTICK CHART
6 Now see where your stock price moving ( IF IT IS AT GOOD TRADE ABLE LEVELS THEN INITIATE YOUR TRADE AS PER YOUR SETUP )
NSE:DYNAMATECH
Short XAUUSD| Gold | Technical AnalysisShort XAUUSD | Gold | Technical Analysis
day frame RSI of Gold is below 60, and in 4 hrs time frame RSI is near 40, so Day frame RSI will try to pull back the 4 hrs RSI as per non conventional RSI strategy,
GO for short guys
Dont forget to add stoploss
Happy trading days
#XAUUSD #Short #Gold #shortXAUUSD #Technicalanalysis #Forex #forexmarket #Profit # trending #chartpattern #trend #trendanalysis
Bitcoin trend analysishello guys, today analysis is about BITCOIN.
this is not about the buy and sell signal, rather about the current chart analysis of bitcoin.
disclaimer: taking a position according to this analysis would be a financial risk. Hence please take your own analysis, and try to learn from this.
Nifty analysis for 20th April| end of the day analysis for 19th The market has made a huge gap down opening and was flat throughout the day. now, nifty is on the support level.
It is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.
#nifty50 #niftyanalysis #marketanalysis #trend.
How to trade with DQT, 29th Dec 2020 in NIFTYDQT is one of my indicators,
which you can find here
This is an Educational Video regarding trading Setups with the Help of this indicator,
Overview
Right from my college days I was very curious about how digital signal processing can be applied to the markets in a quantitative fashion. From my experiences in the hedge fund industry, I can relate that there is no such thing as a 100% profitable system, but there are things such as a well balanced system, which gives you a view of the market to take profitable decisions with the flow of the market because ultimately market is the king maker.
So it must be your goal to be profitable, In order to do so, you will have to have a backup of a well designed rule based system which should be profitable in the long run (as you have backtested it)!
So in Trading Alchemy!
Having a good backtested system is just the start of the project of getting into the profitable zone.
Because trading stuffs with money making money requires a lot more of effort !
What will it require ?
A good trading style!
You must figure out your own approach to trade over a profitable system, because its not just buying and selling of the stuffs. Rater it is a risk management game,
No-body knows the exact future, but being human makes us speculate.
You must be able to figure out,
1. When to take the Loss
2. When to Dilute the positions with No Profit No Loss! (Most Important Thing to Learn)
** DQTS provides you a rule based framework beforehand to take trade or support your decisions .
What is Decrypto Quantitative Trading System { DQTS }!
It is a system which I built in my thesis project regarding a fund assignment, It comprises of :
1. A Volume Float Indicator, which helps us map out the Volumetric Support and Resistance of the Market more can be found in my script (in.tradingview.com)
2. A Trend Follower, with polarised fractals.
3. Entry, Re-entry, Exit and Reverse Entry Strategy
4. Game theory based fuzzy logic to filter the noises
Who is this system for ?
It can be used by all set of people, may they be beginners, intermediates or advanced . The main goal of DQTS is to help you see the market in an intuitive format, its your responsibility to trade it in your style,
How to use this System ?
As I said earlier, a Trading system is just a beginning of the road to profitability, DQTS is a backtested system which works fine for all the markets, having an acceptable real life risk to reward ration 2.77 and an averaged profit factor of 1.5.
As you all know all things cannot be coded, there are some limitations in the system, but main purpose of DQTS is a good start point.
DQTS provides traders with a base to start the design of their own custom strategy on top of it, it is fairly amalgamative with other confirming indicators.
What timeframe should it be used ?
1min ... 5 mins , 10 mins, 15 mins, 1H ...... 1D
What If you want to learn how to use DQTS?
Private message me for that, I will be happy to help you guys.