Crossed 200 SMA with 1hr

15 min Opening candle high low not broken entire day. Next day chances are high stock will remain one direction.

This scans for stocks which crosses previous day high/low

Price crossing 5 SMA and above previous high/low with volumes above 10 day average

95% ACCURACY

Bollinger band Breakout with volume and Adx

www.nicholasnelo.com

Buy at high of the day with target 5-8%

4 POINTS U NEED TO CONSIDER TO CHECK ABOVE SETUP 1ST POINT IT SHOULD BE WEEKLY TIMEFRAME 2ND POINT WE NEED 3 LOWER CLOSSES 3RD POINT LATEST WEEKS CLOSE MUST BE HIGHER COMPARED TO PREVIOUS 3 WEEKS CLOSE 4TH POINT LATEST WEEKS LOW MUST BE HIGHER LOW COMPARED TO PREVIOUS WEEK BUY AT OPEN OF NEXT WEEKS TRADING DAY WITH STOPLOSS AS MENTIONED

Summary of Srikanth Sir's magic touch on Santu Baba's Positional Strategy on Daily Candlesticks: 1. First, change RSI settings from 14 to 5 & add WMA(5) to the chart 2. then wait for RSI(5) drop to below 20 3. then look for RSI(5) to cross-above 20 also wait for daily candle to "CLOSE" above WMA(5) 4. Draw support and resistance lines: price must bounce off support line or cross-above the resistance lines for higher accuracy 5. Previous Candle Low is Stoploss 6. Profits 5% - 10% 7. Accuracy levels 90+% Additions: 1. Add EMA(8) & EMA(34) 2. First, check if EMA(34) > EMA(8) > WMA(5) 3. After Entry, if Price touches EMA(8), then 95% of the time, the price will also touch EMA(34) So Targets & TSL: 1. Tgt 1: 5 -10% - SL: Prev Candle Low 2. Tgt 2: EMA(8) - SL2: WMA(5) 3. Tgt 3: EMA(34) - SL3: EMA(8) Recommendations: 1. The strategy is recommended more for Long than Short. 2. Min Open Price > 100 3. Min Daily Volume > 1,00,000