ProfitOclock_Momentum

24 thg 10, 2024

This Indicator is a technical analysis tool designed to gauge the speed and strength of a stock's price movement over a specific period. By measuring the rate of change in a stock’s price, this indicator helps traders and investors identify the direction and potential reversal points of a stock's trend.

Applications of this indicator:

Trend Confirmation: Use momentum indicators to confirm the strength of an existing trend and avoid false signals.
Reversal Detection: Identify potential trend reversals by observing changes in momentum, which might indicate weakening trends.
Trade Timing: Optimize entry and exit points by analyzing momentum trends alongside other technical indicators.

For the best results, follow these rules:

#Buy : When you see the FIRST GREEN triangle on the chart AND upward(Green) moving average line.

#Sell : When you see the FIRST RED triangle on the chart OR downward(Red) moving average line.

A quick check on Nifty stocks based on this indicator is provided in the table:

Fresh Buy: Latest Buy signal on the current candle.
Fresh Sell: Latest Sell signal on the current candle.
Buy Continue: Buy signal has appeared on a previous candle, with no subsequent Sell signal.
Sell Continue: Sell signal has appeared on a previous candle, with no subsequent Buy signal.

13 thg 11, 2024

Phát hành các Ghi chú

Version1.0.37

13 thg 11, 2024

Phát hành các Ghi chú

Version1.0.37

13 thg 11, 2024

Phát hành các Ghi chú

Version 1.0.37

13 thg 11, 2024

Phát hành các Ghi chú

Version 1.0.37

20 thg 12, 2024

Phát hành các Ghi chú

Version 1.0.38

20 thg 12, 2024

Phát hành các Ghi chú

Version 1.0.38