iCharts Discussions

[anilnegi]

Sorry for that
i did not know that rule (the name should not be there of firm right), will take care in future, it will create copy and paste work more, but will do that,

thanks

[svkum]

i think i mentioned in my thread that after a correct entry
the sl should be low/high of the candle crossing upper or lower band

entry shd be above or below the candle high or low crossing upper or lower band , whichever be the case in bullish or bearish signals

after progressing the trade sl can be moved up/down

profit can be booked when candles starts drifting away from band towards ma line .

[anilnegi]

the more higher TF the less whipsaw, if you see 5 minute chart it got 2 signal but one is where sl is trigger





Note: its not any recommendation, the chart posted are for learning purpose only.

[Hydrogen]

In the Higher timeframe also your Stoploss is triggered.
MACD used has SMA, I think it should be EMA

[anilnegi]

as per SVkum

the sl should be low/high of the candle crossing upper or lower band

which was never triggered in higher TF, pls see again.

thanks

[Hydrogen]

[svkum]

Pl see todays chart for tatamotors 15tf

see entry point and stoploss point ,

still candlles are not drifting towards ma line

we may lift our sl , and wait for reqd chart pattern for exit

[anilnegi]

[svkum]

for 5 tf

nifty future for june

[Hydrogen]

SvKum
What will be the target for the trade setup ?
Entry & SL is clearly defined. Will it be close below the 10 SMA or 1:2, 1:3 target, generally which people follow ?
Will it be fine trade with 2 lot, book 1st lot @ 1ATR and the rest continue for 10SMA, something like that ?

[svkum]

hydrogen


there no target set (predecided)

exit depend on chart pattern

i explianed clearly in my earler post

[anilnegi]

LIC housing it was a perfect and a good run today

[anilnegi]

Rajesh export

i bought intraday but did not sell till now as it is not showing any sign of weakness

[amitagg]

Ideally this type of bb strategy in 10 min tf is best left to automation with plugins!?
Seems a good strategy