Badshai Trading Long Term

18 Nis 2020

Long Term Smart Money Expert is quick guide indicator for long term trade or swing trade

It has used 90 moving average and 144 moving average

Buy Signal generates on 90 MA crossover

Sell Signal Generates on 90 MA crossunder

This indicator needs Trend Lines +++ for better performance

31 May 2020

Sürüm Notları

Badshai Trading Long Term is the tool where Buy and sell signals generates automatically according to the candles behavior.

It uses WD Gann Levels to calculate entry point with the help of VWAP .

Pivot points determines the recent support and resistance levels.

Trading rule for this indicator

This indicator is designed for Indian equity stocks

Best performance is expected on 10 minutes chart basic user can use 5 minutes chart for stock value less than 500 rupees, else 15 minutes chart
Plotted line shows the market sentiment, green for buy, red for sell and black for neutral market.

Order thumb rule

For buy signals there is a up triangle in green color

For sell signal there is a down triangle in red color

1. avoid any trade signal before 9:35 AM Indian time
2. signal and related stop loss candle must be formed in the same day
3. if order placed in 5 minutes chart then don't go for a target of 15 minutes chart
4. if order placed in 15 minutes time frame and target is too far then check the target in 5 minutes time frame
5. if signal candle touches the target then avoid the signal.
6. Money management is most important for this indicator.
7. Take trade only if it satisfy risk reward ratio.
8. It has long target but need patience.

Signal
using vwap calculates gann square of 9 levels and if any smart money activity on that level then checks the confirmation of the trend by higherhigh or lowerlow formation

Buy Entry : on the rocket signal
SellEntry : on the flag signal

Please add some extra value to the Stop Loss for safe trading

Warning : Don't place any order without stop loss, This tool is made for educational and learning purpose only, take any trade at your own risk.
And please follow the instructor to for better use

17 Haz 2020

Sürüm Notları

Max bars added for 5000 close

17 Haz 2020

Sürüm Notları

Bars Back condition modified