My Intraday Predictor Systems for public use - Very reliable

MuthiahM Updated   
Presenting you all with one of my favorite reliable "Predictor engine" which can be used primarily for Intraday trading.

As like many, I am one of those who trade part time and so cannot stick my self in front of charts through out the day to identify reliable intraday patterns. May be I would have gone out for a meeting/break and come back to see that I missed a great intraday opportunity in a stock. So I started working on predicting next day's candle based on previous candle. By this way, I know on the end of the day, what I am going to trade tomorrow and at what price levels. So next day morning, I can place those orders once the market opens.
But predicting next day's candle was not that easy, I analyzed various indicators and kept studying them to see, when there is a big red/green candle, does the values of those indicator form a pattern for the previous day(s). Like this I studied a lot of indicators and finalized a set of few which gave reliable patterns.

Predictor System using MACD,RSI,Fisher Transform & KST indicators:
The one that is shared here is a combo of two predictor systems that I created using the above mentioned indicators. It actually analyzes the progressive nature of MACD and RSI to see the current trend, and it uses Fisher Transform and KST indicators to finalize the signal and remove false signals. The calculations in it are very complex and was developed with a lot of analysis and of course with trial and error method as well. Generally all of my predictive engines try to correlate one indicator with other to see where it squeezes well to create a reliable indicator. Most of my intraday calls are given using this indicator as well.

How to use this indicator:
A word of caution: Please note, this indicator is not one which can give guaranteed returns or with 100% success rate, and I havent seen any thing of that sort so far, so please don't believe in those and dont be surprised if this indicator fails for a few times. I have been using this indicator for quite some time and I have seen it creates close to 80% success rate.
Chart timeframe: 1 Day time period only. I have never used this indicator with any other time frame, and based on my best guess it wont work fine for anything lesser than 1D.
Stocks with which this indicator work well: Usually with high volume stocks and preferably with F&O stocks.
How to trade: At end of the day, keep all selected stocks in a watchlist, and open a chart with 1day time period. Add this indicator to the chart. Keep scrolling through all your favorite stocks (which are in watchlist) and see if this indicator signals (for current day) any double green/red arrows. If so, note down those and the stocks close price.

Once you scanned the entire watchlist and come up with the finalized stocks for which you found the signal for current day (i.e if you look at daily chart on end of 24th May, you should look for signals on 24th May candle). Just because there is a signal, please dont go short/long on the opening of next day market, wait for it go above/below 0.25% of the previous day's close. Or based on your risk appetite you can increase threshold percentage to more.

Once the stock hits the buy/sell price, try to book profits at levels of 0.75%, 1.2% and 1.67% of the buy/sell price. But based on the market trend you can adjust these numbers.

Refer the chart for more information.

Time limited:
As of now I am keeping this script as Invite-Only script with time limit, as this has come out of my years of hardwork and with a lot of patience and took a lot of effort. So I would like to share it only with those who are really interested and are capable intraday players. So please PM and I will give access to this script to you.
Release Notes:
Cosmetic changes
Release Notes:
Cosmetic Changes and changes made to show the text in chart in better way.
Release Notes:
Updated chart details

Invite-only script

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