Spool data for 200 days for accuracy
3day average for bottom of OHLC (H-L) (C-L) (O-L) (H-O)
The above gives you the % uptrend & Downtrend of the market.
Sell @ Weaker point last 3 day bottom low
Buy @ Strong point last 3 day high
Always sell below (o-l) i.e todays open (O-L)
Always Buy above (H-O) i.e Todayss Open + (H+O)
Average close price for last 3 days
Prediction of Close for the dealing day :
Todays Open - Yesterdays close = todays close
Market principle for Buy or Sell known by following:
IF Markets close price _____ seen within 13 days (SELL)
Markets close price _____ NOT seen within 13 days (BUY)
3 DAYS (c-l) >,< ,= yDAYS Close Todays Low
If > Sell
If > - fig. Sureshot sell
If< Buy
If = HIGHLY VOLATILE dont TRADE
The above theory CAN SURELY be used FOR INTRADAY.
Regards....vidhya
