OPEN-SOURCE SCRIPT
Atualizado Nifty & BN 2 Candle Theory Back Testing and Alert Notification
How To Initiate Long Trade-in Index Future/ Buy Call Options – 3 Min TF
▪ If The Index Futures Trades Above The VWAP, the Following Parameters are Checked For 2 Candle Theory on the long side
▪ RSI Trades Above 50 & Between 50-75/80
▪ Volume Of 2 Consecutive Bars Is Above 50 K for BN & 125 K For Nifty
▪ All the indicators (Parabolic SAR, Super Trend, VMA, VWAP) Below the Candles
▪ When the above conditions are met enter In 3rd Candle, With 1st Candle High As SL
How I Initiate Short Trade-In Index Future/ Buy Put Options – 3 Min TF
▪ If The Index Futures Trades Below The VWAP, the Following Parameters are Checked For 2 Candle Theory on the short side
▪ RSI Trades Below 40 & Between 40-25/20
▪ Volume Of 2 Consecutive Bars Is Above 50 K for BN & 125 K For Nifty
▪ All the Indicators (Parabolic SAR, Super Trend, VMA, VWAP) Above The Candles
▪ When the above conditions are met enter In 3rd Candle, With 1st Candle High As SL
The indicator checks the above and notifies to enter a long trade and short trade respectively. There is also volume cutoff and change in the volumes respectively, also non-trading times that can be set.
▪ If The Index Futures Trades Above The VWAP, the Following Parameters are Checked For 2 Candle Theory on the long side
▪ RSI Trades Above 50 & Between 50-75/80
▪ Volume Of 2 Consecutive Bars Is Above 50 K for BN & 125 K For Nifty
▪ All the indicators (Parabolic SAR, Super Trend, VMA, VWAP) Below the Candles
▪ When the above conditions are met enter In 3rd Candle, With 1st Candle High As SL
How I Initiate Short Trade-In Index Future/ Buy Put Options – 3 Min TF
▪ If The Index Futures Trades Below The VWAP, the Following Parameters are Checked For 2 Candle Theory on the short side
▪ RSI Trades Below 40 & Between 40-25/20
▪ Volume Of 2 Consecutive Bars Is Above 50 K for BN & 125 K For Nifty
▪ All the Indicators (Parabolic SAR, Super Trend, VMA, VWAP) Above The Candles
▪ When the above conditions are met enter In 3rd Candle, With 1st Candle High As SL
The indicator checks the above and notifies to enter a long trade and short trade respectively. There is also volume cutoff and change in the volumes respectively, also non-trading times that can be set.
Notas de Lançamento
Note - For Nifty Volume is. - 125000 and Bank Nifty - 50000 Please update in the settings to get better resultsUpdates on Golden Cross Over
How To Initiate Golden Cross Overs:
Golden Crossover is a subvariant of the 2 candle trade setup. It is a method of knowing extreme Bullishness/Bearishness on an intraday basis. Identification of Golden Crossover In addition to 2 candle setup if the following condition is met then that particular condition is known as “Golden Crossover”
Condition: Supertrend (10,2 settings on 3 min TF for BankNifty ) and VWMA (default) both simultaneously cross the VWAP in direction of trade.
Desired Outcome: Whenever we see a Golden Crossover we expect the market to move powerfully in one particular direction. Thus you can deploy significant capital and carry your trades for a little more extended period.
The indicator checks the above and notifies to enter a long trade and short trade respectively.
There is also volume cutoff and change in the volumes respectively.
Non-trading times can be avoided by setting the time mentioned
Volume candle colour On/Off
Golden cross overs highlighter can be changed
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Para acesso rápido no gráfico, adicione esse script para seus favoritos — saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.