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SIGNAL STRATEGY – Main Chart:
1) SELL
SELL@, Trade Sell at first red dot of middle channel or red arrow, price level is displayed in stats.
SELL TP1: TP1 value is displayed in stats, it is inner lower channel. Preferable in low volatile market situation.
SELL TP2: TP2 value is displayed in stats, it is outer lower channel. Preferable in high volatile market situation.
Stop Loss: If trade entry level as per above, stoploss must be trend change to buy at first green dot or green arrow.
2) BUY
BUY@, Trade Buy at first green dot of middle channel or green arrow, price level is displayed in stats.
BUY TP1: TP1 value is displayed in stats, it is inner upper channel. Preferable in low volatile market situation.
BUY TP2: TP2 value is displayed in stats, it is outer upper channel. Preferable in high volatile market situation.
Stop Loss: If trade entry level as per above, stoploss must be trend change to sell at first red dot or red arrow.
RENKO CHART:
It is 1Hr average chart with green and red Renko boxes. It is to identify major breakouts
1) Green Boxes, means price is in upward direction
2) Red Boxes, means price is in downward direction
BUY Trend:
Green boxes along with green line in upward direction.
Sell Trend:
Red Boxes along with red line in downward direction.
SideWave:
If Green and Red Lines are horizontal, it is identifying either side wave or correction in price.
This signal is designed as per best experience and practice. It is for educational purposes and no recommendations for investors or investment.
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