NKP Trend Super Fast
NKP Trend super Fast is an indicator. It will plot buy / sell signal in live market based on custom calculated information about entry points at close of the candle. Buy/ Sell signal is the best entry point but you can enter at the next candle.
we can see signals like buy/sell/ - 5 min candle ( Intraday trading)
if the price move above the trend line and buy signal came then go for long if sell signal came below the trend line the go for short.
How does it work?
buy - take the buy order in next candle open's stop loss will be Trend line value or candle low which ever is least.
sell - take the sell order in next candle open's stop loss will be Trend line value or candle high which ever is highest.
What are the signals?
Yes it will generate the buy/sell signals in the live market
these signal will plot up/down label with text based on signal.
Can we set the Alert on this?
Yes, we can set the alert based on the signals
Four custom alerts - NKP Buy , NKP Sell
IMPORTANT: this script does not generate exit signals and those should be find using money management rules or else. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 5 min time frame. Lower/High period gives more incorrect signals and shorter runs on below 5 min period , higher period gives you late entry and less. Of course it gives false signals from time to time but fortunately it makes a correction very fast.
Try it! Good luck and good trading!
we can see signals like buy/sell/ - 5 min candle ( Intraday trading)
if the price move above the trend line and buy signal came then go for long if sell signal came below the trend line the go for short.
How does it work?
buy - take the buy order in next candle open's stop loss will be Trend line value or candle low which ever is least.
sell - take the sell order in next candle open's stop loss will be Trend line value or candle high which ever is highest.
What are the signals?
Yes it will generate the buy/sell signals in the live market
these signal will plot up/down label with text based on signal.
Can we set the Alert on this?
Yes, we can set the alert based on the signals
Four custom alerts - NKP Buy , NKP Sell
IMPORTANT: this script does not generate exit signals and those should be find using money management rules or else. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 5 min time frame. Lower/High period gives more incorrect signals and shorter runs on below 5 min period , higher period gives you late entry and less. Of course it gives false signals from time to time but fortunately it makes a correction very fast.
Try it! Good luck and good trading!
Release Notes:
NKP Trend super Fast is an indicator. It will plot buy / sell / Exit signal in live market based on custom calculated information about entry points at BUY/SELL signal price and Exit at Exit signal price.
we can see signals like Buy/Sell/Exit - 5 min candle ( Intraday trading)
if the trend line color is green and buy signal came then go for long if trend line color i red and sell signal came then go for short avoid the signals if the trend line is blue.
How does it work?
buy - take the buy order in signal candle open's and exit at then ever exit signal came.
sell - take the sell order in signal candle open's and exit at then ever exit signal came.
What are the signals?
Yes it will generate the buy/sell/exit signals in the live market
these signal will plot green/red label with text based on signal.
Can we set the Alert on this?
Yes, we can set the alert based on the signals
Four custom alerts - NKP Buy , NKP Sell
IMPORTANT: this script does not generate exit signals and those should be find using money management rules or else. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 5 min time frame. Lower/High period gives more incorrect signals and shorter runs on below 5 min period , higher period gives you late entry and less. Of course it gives false signals from time to time but fortunately it makes a correction very fast.
Try it! Good luck and good trading!
we can see signals like Buy/Sell/Exit - 5 min candle ( Intraday trading)
if the trend line color is green and buy signal came then go for long if trend line color i red and sell signal came then go for short avoid the signals if the trend line is blue.
How does it work?
buy - take the buy order in signal candle open's and exit at then ever exit signal came.
sell - take the sell order in signal candle open's and exit at then ever exit signal came.
What are the signals?
Yes it will generate the buy/sell/exit signals in the live market
these signal will plot green/red label with text based on signal.
Can we set the Alert on this?
Yes, we can set the alert based on the signals
Four custom alerts - NKP Buy , NKP Sell
IMPORTANT: this script does not generate exit signals and those should be find using money management rules or else. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 5 min time frame. Lower/High period gives more incorrect signals and shorter runs on below 5 min period , higher period gives you late entry and less. Of course it gives false signals from time to time but fortunately it makes a correction very fast.
Try it! Good luck and good trading!
Release Notes:
singnal logic changed