How to take Multiple Trades in Nifty Intraday
[7/05/2008 01:39:00 PM | 2 comments ]

 
The charts shown here is the Nifty Intraday chart on 4th July 2008
 
Easy Technique to follow in Intraday Nifty Trades
 
1)Buy Nifty when the Slow Stocastic blue line crosses the red line and slope upwards near oversold region (near 20)
2)Sell Nifty when the Slow Stocastic red line crosses the blue line near slope downwards oversold region (near 80)
 
 
Regards,
Rajandran R

2 comments

Trader22 said... @ January 10, 2010 at 10:39 AM

Hello,
I am trying to set the above standards in amibroker. When i am selecting the time frame should i set the EMA bars for open, close or average or any other price field. Please let me know. Thanks in advance for the great work.

Rajandran said... @ January 10, 2010 at 11:23 AM

EMA values with bars for close
And note RSI and MACD values presented here
are smoothened one.. dont confuse with the normal RSI and MACD

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