This is an intraday strategy. Camarilla Level 3 breakout strategy. Conditions are long above Camarilla R3 only under certain circumstances related to the distance between Central Pivot and Level 3 pivots and also the location of the Opening price of the day. Exit is assumed to be at the end of the day. It is suggested to exit the trade if price falls back below...
Concept : This strategy aims to capture the trend. It is deemed that a possible trend emerges when price goes past a pre-determined boundary. The predetermined boundary is a function of previous day close, average daily range and a standard normal distribution Z score. Conditions : Buy when price crosses the upper boundary. Exit when price falls below the...
JARVIS is a technical indicator primarily designed for Nifty Bank. But, it also works on other instruments like stocks for example. You may apply it on other instruments if you find it useful. Once the indicator is plotted, it will have bars with 3 colours 1) Blue - It's watching 2) Green - It's bullish 3) Red - It's bearish So, it's that easy to interpret....
VWAP is a powerful concept. It denotes the fair price that is traded in the market. In other words, it represents a variance of POINT OF CONTROL (POC) which is a Market Profile / Volume Profile Concept. It is a leading indicator as it is dependent on the price and volume . Usually VWAP is used for intraday trades and Trading view as an in built indicator...
This indicator identifies Inside Bar. Inside Bar is an indecisive setup where traders are not sure of the direction which is reflected in the bar range which is usually narrower. The day following Inside Bar usually would be a decisive bar with wide range. This decisive bar can be exploited if traded with discipline. The steps to follow are : At EOD : 1) Use...