PROTECTED SOURCE SCRIPT
Dhokiya's Research Analyst - Chetan Dhokiya
The 0.09 strategy indicator developed by Dhokiyas Research Analyst is unique due to its plotting of support and resistance based on 1st 5min candle of closing Indian Markets. The indicator plots an Opening Range Breakout zone for entry.
Description of Indicator
Based on the above opening range breakout zone. A person can enter a Buy entry trade when price of 5mins chart close above the green line known to be Resistance line. A cross out above will indicate a buying trade. On the other hand A person can enter a Sell entry trade when price of 5mins chart close below the red line known to be Support line. A cross out below will indicate a selling trade.
The script is build by Dhokiyas Research Analyst to enable traders working in Indian Market to have some rough idea about Support and Resistance based on the 1st min candle closing. To help them trade in Intraday basis.
0.09 Version Strategy Indicator by Dhokiya's Research Analyst
Mobile - 7575065656
Website - dhokiyas.com/
Email - care@dhokiyas.com
Description of Indicator
Based on the above opening range breakout zone. A person can enter a Buy entry trade when price of 5mins chart close above the green line known to be Resistance line. A cross out above will indicate a buying trade. On the other hand A person can enter a Sell entry trade when price of 5mins chart close below the red line known to be Support line. A cross out below will indicate a selling trade.
The script is build by Dhokiyas Research Analyst to enable traders working in Indian Market to have some rough idea about Support and Resistance based on the 1st min candle closing. To help them trade in Intraday basis.
0.09 Version Strategy Indicator by Dhokiya's Research Analyst
Mobile - 7575065656
Website - dhokiyas.com/
Email - care@dhokiyas.com
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.