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jbsankar
Oct 20, 2020 7:41 AM

LFT Program by Algoz V2 

Nifty Bank IndexNSE

Description

This strategy takes trades based on swing high and swing low. When ever a swing high is made and a momentum follow thru is there trade will be taken. By doing this we can exit early same time we would be able to enter a trade early. some time when minor swing highs and lows are there we avoid using a filter. Only Major swing highs and lows are taken.

While Traditional Trend following systems has drawbacks like Late entry and Delayed Exit, this program is designed to enter as early as possible with the support of momentum and swing high and exit also happens the same way. for new signal it should come with momentum. This program will take multiple entries as the sensitivity is to set to high. So it can be used on any instruments.

This is tuned for intraday. Users can modify input for market closing time. The default is set to close at 15:20 considering Indian NSE market. If you want to trade commodity then change the closing time respectively. Only factor to consider is that the minutes should be round number matched to the time frame. if its 5 min it should be divisible by 5 , if you are applying on 3 min, the minutes should be divisible by 3.

You can request Access using my Default signature below or through trading view chat box.

All the Best !!!
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