This tool created for Intraday Purpose Only
I modified CD_daily average range zones to Intraday purpose with my strategy.
Red zones are Resistance of average 10 days
Green zones are Support of average 10 days
How to Use it..?
Time frame 5 mins
- Red and Green zones will plot after Open
- Those plotted zones will act as day
- Wait for the "Long" or "Short" signals in those zones only forgot signals occur in between them.
- Entry price should be from following candle of signal candle, stop loss should be signal candle high or low OR above(red zone) or Below(green zone)
-Open target book as per your wish
Pro tip : Prefer long wick candle in those zones will increase the probability of successful trades
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If you have any doubts leave in comment.