How to filter stocks for intraday from End of day data

marimuthu13

Well-Known Member
#2
Hi,

How to select stocks for intraday from End of day data. Please let me know if anyone is doing that?

Regards,
Paresh
Take out 4 hour time frame charts,

1. identify trend in 4 hour time frame using either price action - (HH HL & LL LH, VPL, VPH, MPH, MPL ) or simply with Super trend (8,2 or 10,3 settings) or PSAR or EMA's (50/200 EMA ) etc etc..

2. After identifying trend, look for confirmation from momentum , using ADX or CCI etc etc..

3. If you get stocks that meets both criteria, then try those stocks for intraday..

For doing it in intraday , follow same steps in 1 hours and 15 min charts... 1 hour chart for signal confirmation and 15 min chart trade entry....

this way , you are going to trade in same direction of 4H, 1H and 15 Min..
 

sumantra

Active Member
#3
Take out 4 hour time frame charts,

1. identify trend in 4 hour time frame using either price action - (HH HL & LL LH, VPL, VPH, MPH, MPL ) or simply with Super trend (8,2 or 10,3 settings) or PSAR or EMA's (50/200 EMA ) etc etc..

2. After identifying trend, look for confirmation from momentum , using ADX or CCI etc etc..

3. If you get stocks that meets both criteria, then try those stocks for intraday..

For doing it in intraday , follow same steps in 1 hours and 15 min charts... 1 hour chart for signal confirmation and 15 min chart trade entry....

this way , you are going to trade in same direction of 4H, 1H and 15 Min..
Subject to prove by practical application.....!!
 

ajeetsingh

Well-Known Member
#4
Last edited:

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