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Recently i’m working on my trailing stop loss. as per my system stock go more higher than i expected what i have to do i tried every thing. please help me out.
1. Parabolic SAR
2. EMA-9
3. ADX
4. previous H-H L-L
can anyone tell me which is the best way i can do for intrday based on 15-min candle.
5 min candle is best
Every parameter is good but keep it in mind because in volatile market which ever strike it will go one to two times opposite side to confuse you so do smartly.
Thank you for reply shyamrao!
I created system based on 15 min with good accuracy so i can’t change now!
Just i face problem while booking my profits.
If any thing you want to share with me. Please share!
Thanks for your kindness.
Please use Stochistic RSI with 7,7,3,3set up and check for the signal for exiting.
One more thing see 15 mint charts with 5 mints too.
For highly volatile market, Parabolic SAR can be considered.
Hi yogesh. From my learning that I have been teaching from nithin sir’s all previous videos.for intraday you have not needed so many indicators.
1st. Conform the trend using heikin ashi candle stick with 30 mins time frame.
2nd. Using stochastic rsi and adx. Its enough.
I’m a intraday learner /beginner 🙂 trader.Also I’m in a private job.so I trade using mobile. But I’m freely tell you that in stock market I have got knowledge only from nitin sir. So watch all previous video. Hope your all confusion will be solved.