A simple #scan to find stocks which have moved 25-30% in past 20 weeks (with moving average critera & liquidity filters) will give you a watchlist of names to keep track of.

Update the list daily. Manually scan all charts in watchlist to add & reject.

https://t.co/J1wBe2yPui

How to desogn a trading system???

Ur trading system should contain 2 parts
1. Define context
2. Entry exit set up and rules

Let's see them in detail

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When u define the context u are essentially removing all the trades which are against the trend.
Suppose u objectively found trend is Bullish with any tools of ur choice. Then all the shorting signals ur entry exit method generates can be avoided

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The tools u use to define the context of the major trend can b anything
1. Supertrend positive
2. Price > EMA 20 > EMA 50
3. MACD abv zero and abv signal line
4. Price and rising vwap
5. Price is riding through upper Bollinger Band since last >20 bars

These are examples

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This is one part of defining the context. Now how about ensuring the trend in this TF is same as the one from HTF as well??
This will add lots of odds in trade success.
Suppose ur trading TF is 5min, then a check up in 25min TF is highly desirable.

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If 25min TF too is Bullish, the the context is defined completely. But how to define trend in 25min TF ??

One method as follows
1. Last 25min candle has abv average volume and abv average spread with a close near high

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A Shortv Thread on indicator : ADX
Average Directional Index a Quick Guide

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One of the best and easiest ways to increase your chances of making winning trades is to trade with the trend
The average directional movement index or ADX is an indicator that will not help you find a trend,but can show you how strong a trend is
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What is the Average Directional Movement
Index?

1. The average directional movement index was created by J. Welles Wilder in the 1970s.

2. The ADX combines two indicators to create a smoothed moving average that is then shown on your charts.

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3. The two indicators are the positive directional indicator that is known as +DI and
the negative directional indicator that is known as -DI.
4. You can use the ADX on all time frames
5. Type " ADX " In indicator section of tradingview
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The ADX Indicator Formula
These are calculated with the price history of the previous high, low and close for the previous 14 periods ( default 14)
The average directional movement index is designed to show you the strength of a trend and not when a new trend is beginning.
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Nifty made a bullish kicker pattern in daily TF; this pattern has triggered lots of bullish reversal across instruments in the past.
Location of price action signals a short term bottom as price is too oversold and available at major support
#Nifty

#DragonflyDoji highly reliable & considered as a price reversal indicator especially after a downtrend. Spotted a few 👀Ready for the coming week

PRICE ACTION FOOTPRINTS(MARKET STRUCTURES) - #NIFTYU2021 TradingView

A Crash course on Wyckoff Methodology - More than 100 year old, time tested and age proven methodology for Buying and Selling Stocks.

This is what Darvas and Jesse Livermore also followed.

https://t.co/XiWmRoWveh

@scorpiomanojFRM To be more precise it works well on trending market i.e bull or bear market but not on side ways. In bear market when price is making Lower lows but RS is making higher high means time is up for bears and bull is ready. Vice versa for bull market.

New MyComboScan with new parameter VWAP

These major stocks have shown high delivery yesterday and also price action combined with VWAP is showing Strength.

A thread on these stocks.

Candlesticks shows where price want to move,
Volume shows the force behind that move,
RSI signals the strength of the force in moving the price
Bollinger Bands signals the space all these together are making for price to move into

These are my tools &
This is how i use them

Of all the bullish combinations that can work on Nifty, Bank Nifty+ Reliance combination is the most potent one.

But then what else will take Nifty to 35000+ in 2-3 years.

Perspective.

Inside Bar (IB) is an effective trading strategy where a range is formed & we trade on a Breakout/Breakdown.

What is IB?

Textbook definition of IB:
When the current bar is trading inside the previous candle's high and low (range)

Here's a live example from the Tata Steel Chart where you can see multiple IB forming on 15 minutes chart.

I've marked 2 IBs in the circle where we can find the mother candle & the inside bar candle.

So how do we trade this?

If the overall trend is bullish, then you should be looking at high on the mother candle. When the mother candle's high is broken, you can place your SL at:
1. Low of the mother candle, or
2. Low of the Inside Bar candle.

Both the eg are in charts:

And Vice Versa for the Bearish bias.

If the overall trend is bearish, then you should be looking at low on the mother candle. When the mother candle's low is broken, you can place your SL at:
1. High of the mother candle, or
2. High of the Inside Bar candle.

I prefer keeping the high or low of the inside bar candle as my SL.

Remember there are 100s of ways to trade this, ultimately your position sizing & risk management will come into play.

Position sizing can be calculated using the SL, and risk can be managed.

How to identify a potential 2x/3x winner in equity segment with a medium term delivery perspective??

Here is few stocks which made a >5x return since 2 years. All of them shows specific repeated sequence of events.
If u were to ask to form a method out of this
How would u do it?

New Combo Scan using @mystockedge

Strong Stocks as per Price Action
High Previous Day Delivery
High this week Dellivery

Case study : Bliss GVS pharma

Ready for breakout above 133
High delivery
Reasonable fundamentals

Do your own analysis. This is only for education purpose.

Case study : La Opala

Broken above 287
Strong stock
Decent fundamentals

Do your own study please. This is only to explain the power of @mystockedge

Case study : Tata Communications

Broken the high range
Increase holdings by mutual funds
Strong price action
Strong delivery

Only for education, please.