amlan970

AP short strategy

This strategy generates sell signals in a trending market. The exit signals show weakness in the current trend and can also indicate reversal of the trend. If two signals are generated within a short span like between 10-12 candles with the price locked in a range, then it can be considered as a stronger signal.

The best parameters to use this strategy is on a 5 min time frame and the best time for the strategy is from morning 9:30 am to 2:30 pm.

This strategy can produce false signals in a sideways or choppy market. It works best on liquid stocks and high beta stocks.
Remove from Favorite Scripts Add to Favorite Scripts

Comments

Didnt work on the indices (BN or nifty). gonna test tomorrow and see how this really works.
Reply
amlan970 rkvinay
@rkvinay,
Hi. This strategy uses volume as one of its parameters and hence won"t work on indices but you can use it on index futures. Kindly share your feedback.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out