Ramesh0296

Intraday Long & Short TPP

Simple and Effective Tool for INTRADAY

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 support and resistance
- 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

Do not forgot to like and share, follow to get more trade ideas and tools

If you have any doubts leave in comment.




Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

Want to use this script on a chart?