INVITE-ONLY SCRIPT
Badshai Trading Long Term
Updated
Long Term Smart Money Expert is quick guide indicator for long term trade or swing trade
It has used 90 moving average and 144 moving average
Buy Signal generates on 90 MA crossover
Sell Signal Generates on 90 MA crossunder
This indicator needs Trend Lines +++ for better performance
It has used 90 moving average and 144 moving average
Buy Signal generates on 90 MA crossover
Sell Signal Generates on 90 MA crossunder
This indicator needs Trend Lines +++ for better performance
Release Notes
Badshai Trading Long Term is the tool where Buy and sell signals generates automatically according to the candles behavior.It uses WD Gann Levels to calculate entry point with the help of VWAP .
Pivot points determines the recent support and resistance levels.
Trading rule for this indicator
This indicator is designed for Indian equity stocks
Best performance is expected on 10 minutes chart basic user can use 5 minutes chart for stock value less than 500 rupees, else 15 minutes chart
Plotted line shows the market sentiment, green for buy, red for sell and black for neutral market.
Order thumb rule
For buy signals there is a up triangle in green color
For sell signal there is a down triangle in red color
1. avoid any trade signal before 9:35 AM Indian time
2. signal and related stop loss candle must be formed in the same day
3. if order placed in 5 minutes chart then don't go for a target of 15 minutes chart
4. if order placed in 15 minutes time frame and target is too far then check the target in 5 minutes time frame
5. if signal candle touches the target then avoid the signal.
6. Money management is most important for this indicator.
7. Take trade only if it satisfy risk reward ratio.
8. It has long target but need patience.
Signal
using vwap calculates gann square of 9 levels and if any smart money activity on that level then checks the confirmation of the trend by higherhigh or lowerlow formation
Buy Entry : on the rocket signal
SellEntry : on the flag signal
Please add some extra value to the Stop Loss for safe trading
Warning : Don't place any order without stop loss, This tool is made for educational and learning purpose only, take any trade at your own risk.
And please follow the instructor to for better use
Release Notes
Max bars added for 5000 closeRelease Notes
Bars Back condition modifiedInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact BadshaiTrading for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Want to use this script on a chart?
Warning: please read before requesting access.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.