Magnetic Levels (3-min anchor)

The Magnetic Levels Indicator Helps You Capture The Intraday Breakout On Nifty And Banknifty.

Here Are The Rules To Use This Indicator?

1. Use Only On Spot Charts and Not on Futures.
2. Wait For Time To Strike 9.18 a.m. Do not use the levels before 9.18 at all.
3. Once 9.18 occurs, the 2 levels will be automatically become stable for your use daily.
4. The two lines will act as your breakout or breakdown levels. Green Line is Breakout Level and Red Line is Breakdown Level

Here Are The Steps To Follow To Take A Long (Buy) Trade Using The Magnetic Level Indicator.

1. Use 3-minute timeframe only
2. After the lines are plotted, wait for the 3 minutes candle to close above the Green Line. Remember, it should close and not just cross above. It should close. Once the candle closes, you will buy above the high of the candle.
3. Stop Loss Will Be Any Candle That Closes Below The Red Line After Entry. Remember, It should close below the red line and not just cross below.


Here Are The Steps To Follow To Take A Short (Sell) Trade Using The Magnetic Level Indicator.

1. Use 3-minute timeframe only.
2. After the lines are plotted, wait for the 3 minutes candle to close below the Red Line. Remember, it should close and not just cross below. It should close. Once the candle closes, you will sell below the low of the candle.
3. Stop Loss Will Be Any Candle That Closes Above The Green Line After Entry. Remember, It should close above the green line and not just cross above.


For any more clarity, you can email me to [e-mail]

Enjoy the amazing indicator and make awesome gains.