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minotraudit08
Apr 1, 2021 7:18 AM

VamsiPriceAction_101 

BANKNIFTY INDEX FUTURES (APR 2021)NSE

Description

Identifies entry for buy/sell position as per previous day high and low.
Marks a target and stop loss as per the ATR14.
Confirmation of Buy/Sell signal is when we have a 5 min candle with 60:40 body:wick ratio

Use it on a 5 minute time frame to identify a price action based breakout
It also marks when 50 ema crosses 200 ema, and vice-versa
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