Checklist By TradeINski
Checklist By TradeINski
First Things First
Contents
Table Content
My Checklist - 2Lynch
Table Headers Settings
“ON/OFF” Header “Text Box” “Info”
Table Content
First Things First
- This indicator is a supporting tool for trading momentum burst that is 2 Lynch setup by stock bee aka Pradeep Bonde.
- Disclaimer: This indicator will not give any buy or sell signal. This is just a supporting tool to improve efficiency in my trading.
- Apply Indicators and then open indicator settings and read the following simultaneously to understand better.
- Default color settings are best suited for light themes. Which is also my personal preference.
- Users can change most of the default options in settings according to their personal preference in settings.
- When we open settings we can see 3 tabs that are {Inputs tab} {Style tab} {Visibility tab} each tab have its own options, Understand and use it accordingly.
- Indicator will be only visible in the Daily time frame as its primary TF is daily. In the lower time frame nothing is plotted.
- An indicator is plotted on an existing plane and overlaid on the existing plane.
Contents
- My Checklist Lynch
- Position
- Size
- Text Color
- Background Color
Table Content
- Text Color
- Background Color
- “ON/OFF” R (1 - 10) “Text Box” T (1 - 10) “Text Box”
My Checklist - 2Lynch
- This is the checklist I use while placing the trade just to make use of not missing anything based on predefined rules of the setup I trade.
- 2 - The stock should not be Up more than 2 days in a row, Minor movement can be acceptable.
- L - The stock price movement should be linear, validation of established momentum
- Y - Young trend in preference 1 - 3rd breakout from base
- N - Narrow Range or -ve day before breakout
- C - Consolidation should be narrow, linear and low volume. No more than one 4% breakdown.
- H - The candle should close near high or at least 20% within when entered.
Table Headers Settings
- Position - “Drop Down” with 9 different options which are self explanatory. Users can change the position of the table as per their preference.
- Size - “Drop Down” with 6 different options which are self explanatory. Users can change the size of all the text printed in the table as per their preference.
- Text Color - “Default Color is White” This setting is specifically only for header text. And users can change the text color of the header as per their preference.
- Background Color - “Default Color is Blue” This setting is specifically only for header
“ON/OFF” Header “Text Box” “Info”
- “Check Mark” - To show or hide the header that is “ON/OFF”.
- “Header” - Heading of the table.
- “Text Box” - Users can input as per their preference.
- “Info” - Info symbol that shows short form and important note that is (Max 50 characteristics for all text boxes) .
Table Content
- Text Color - “Default Color is White” This setting is specifically for table texts. And users can change the text color of the all content table texts as per their preference.
- Background Color - “Default Color is black” This setting is specifically for content table texts background color. Users can change the background color of the header as per their preference.
- “Check Mark” - To show or hide the complete Row. Users have options and can change as per their preferences.
- R (1-10) - “R” stands for Row and (1-10) is Number of rows available for users to enter text. Users have 10 different options.
- “Text Box” - Place to enter text that users want to print on column 1 of the table.
- “Text Box” - Place to enter text that users want to print on column 2 of the table.