Trading Strategies Using Technical Analysis

[SwingKing]

AFL for 5 Day Momentum Method

//5 Day Momentum Method. Modify Accordingly
// Stop Loss set at 2%. Please follow the stop loss mentioned in post

Buy = ADX(14)>35 AND PDI(14)>MDI(14) AND Cross(StochK(8,3),StochD(8,3,3)) AND StochK(8,3)<30;
Sell = Ref(Close,4);
Short=ADX(14)>35 AND MDI(14)>PDI(14) AND Cross(StochD(8,3,3),StochK(8,3)) AND StochK(8,3)>70;
Cover=Ref(Close,4);

Filter = Buy OR Short;
AddColumn(IIf(Buy,High,Null),"Buy Only Above",1.3);
AddColumn(IIf(Buy,High*0.98,Null), "Buy Stop Price",1.2);
AddColumn(IIf(Short,Low,Null),"Short Only Below",1.2);
AddColumn(IIf(Short,Low*1.02,Null),"Short Stop Loss",1.2);
AddColumn(ADX(14),"ADX (14)", 1.2);
AddColumn(PDI(14),"PDI",1.2);
AddColumn(MDI(14),"MDI",1.2);
AddColumn(StochK(8,3),"StochK",1.2);
Sell = ExRem(Sell,Buy);
Cover = ExRem(Cover,Short);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-20);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-30);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-25);
PlotShapes(IIf(Short, shapeSquare, shapeNone),colorRed, 0, H, Offset=20);
PlotShapes(IIf(Short, shapeSquare, shapeNone),colorOrange, 0,H, Offset=30);
PlotShapes(IIf(Short, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-25);

 

[rajputz]

re: "Trading Strategies Using Technical Analysis".

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Yes, I asked for high probable level. I understand no one can give sure 100% high and low levels. Thanks.

try to understand the price working with various indicators....also the price and volume movement....you will get your answer....

 

[saivenkat]

re: "Trading Strategies Using Technical Analysis".

What time frame are you looking at? Swing trades can be on intraday basis, daily basis and weekly basis.

Hi Raunakji, I am interested in Swing trades on weekly basis,if so, what oscillators/factors that i should concentrate on? Any stocks favorable right now for entering in to swing trades?:

 

[SwingKing]

re: "Trading Strategies Using Technical Analysis".

Hi Raunakji, I am interested in Swing trades on weekly basis,if so, what oscillators/factors that i should concentrate on? Any stocks favorable right now for entering in to swing trades?:

Check this link for current stocks,
http://www.traderji.com/equities/35078-my-stock-watchlist-5.html

As far as oscillators is concerned, I have explained a swing setup with oscillators in this thread ... review tht ...

I haven't seen a chart posted by you recently ... hope everything is going well

tc

 

[paulosraja]

re: "Trading Strategies Using Technical Analysis".

raunak, Can u explain, rectangular pattern with example, Pls?

 

[SwingKing]

re: "Trading Strategies Using Technical Analysis".

raunak, Can u explain, rectangular pattern with example, Pls?

See the first page of this thread ... I have already done it ...

 

[saivenkat]

re: "Trading Strategies Using Technical Analysis".

Check this link for current stocks,
http://www.traderji.com/equities/35078-my-stock-watchlist-5.html

As far as oscillators is concerned, I have explained a swing setup with oscillators in this thread ... review tht ...

I haven't seen a chart posted by you recently ... hope everything is going well

tc

Thank a lot for instant response. Of late i am very busy with my office work, added to this my two niece had come to my house for vacation. Literally they have occupied my PC for all these days playing games.:rofl:
Take care and have a good time.

 

[paulosraja]

re: "Trading Strategies Using Technical Analysis".

raunak, thanks for immediate reply ! how to use rectangularn pattern with intraday business ?
thanks in advance

 

[SwingKing]

re: "Trading Strategies Using Technical Analysis".

raunak, thanks for immediate reply ! how to use rectangularn pattern with intraday business ?
thanks in advance

Thats also mentioned in this thread. Refer first page for strategy index...

 

[paulosraja]

re: "Trading Strategies Using Technical Analysis".

raunak, is there any free software like chartnexus, to get live intraday charts with macd for a particular scribe?