PNA_Range - Idetify the Entry and Exit Range

2020년 11월 5일

Hello Everyone,

This indicator indicates the Range moving to the direction of the trend.. This is a unique combination of Moving Average, EMA and Trend.

The levels are major marked as "Cross" and for minor levels - the chart indicates Red and Green lines.

HOW IT WORKS

It basically uses Trend to make its buy and sell decisions.
- Best time is suited with 25Mins Timeframe; however one can also view in 30 Mins Timeframes well
- Once the line cross the Range(Cross); and the minor levels are broken - One can enter the trade

TRAILING SL

- One can follow the 8-EMA and 13EMA as Trailing SL
- Ideally the closing has to be done on the line above or below to exit; else one can follow 21MA Moving average

EXTRA ADVICE
It's advised that you use this strategy in addition to MACD and ADX as well...

My TradingView Page:
tradingview.com/u/nirajsaror...

To obtain the access to this scrip - you can personal message me on "nirajsarora"

All the Best!

2020년 12월 6일

릴리즈 노트

Few Edits done on the Trend

2020년 12월 16일

릴리즈 노트

Hi Everyone - Pivot Points have been added..

2021년 1월 1일

릴리즈 노트

Hi Everyone - Few Color Changed. Thanks!