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PNA_Range_7

324
Hello Everyone,

This indicator indicates the Range moving to the direction of the trend.. This is a unique combination of Moving Average, EMA, Range Look Out.

The levels are major marked as "Cross" and for minor levels - the chart indicates Red and Green lines.

HOW IT WORKS

It basically uses Trend to make its buy and sell decisions.
- Best time is suited with 25Mins Timeframe; however one can also view in 30 Mins Timeframes well
- Once the purple line cross the Range(Cross); and the minor levels are broken - One can enter the trade in sync with 20Moving Average in the same direction.

TRAILING SL

- There are three marks on the Trailing SL
- 8-EMA and 13EMA as Trailing SL for Intraday Equity
- 21-EMA – Equity Options Trailing SL
EXTRA ADVICE
It's advised that you use this strategy in addition to MACD and ADX as well...

To obtain the access to this scrip - you can personal message me on "nirajsarora"

All the Best!
ملاحظات الأخبار
Modification is done on the Trend Lines..
ملاحظات الأخبار
Modification done on Trend.. and Default Settings
ملاحظات الأخبار
Hi Everyone - Added Pivot Points on the indicator.. Thanks!
ملاحظات الأخبار
Hi Everyone - Edited the colors. Thanks!
ملاحظات الأخبار
Hi - Edited the default settings

إخلاء المسؤولية

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