iCharts Discussions

[TradeHunter]

Hi all,
In recent past i came through a good strategy.....im using it for past 2 weeks and using it in 5 minute time frame....just pull up few charts and look at it how it outperforms....here is ur LINK....in 5 minute chart it works like magic....
settings are MACD 12,26,9
BOLLINGER BANDS 12 SMA,2 SD


[LINK REMOVED ON REQUEST OF LINKED WEBSITE'S OWNER]


Thank you for your time frnds.....

[pipstocks]

thanks tradehuntersir,
You are sincerely requested to guide me for my following quesries about your strategy:

(1) how to calculate average daily range?
(2) as i am also using macd crossover on nifty swing trading, i want to know that some times it also move beyond 15%of average daily range, so at this tiime how we expect the extent of our profit booking level.?
(3) is there any criterias for exit point?

Thanking yours.

[TradeHunter]

frnds there is no need to calculate the average dailly range for stops and blah blah simply buy/sell according to strategy....but be strict with the MACD central line cross TO AVOID whipsaws or look for trading oppurtunities near central line.........

[aromal]