Identify the stocks for which bollinger bands are within keltner channel for an hour at least. These stocks can give a breakout on either side to be determined separately by momentum indicator (12). If momentum ind shows negative just before breakout then it will be in downtrend. Can be applied on usually volatile stocks or on nifty 100 stocks. Best time to do it is from 10-11 AM or from 1-2 PM

OBV

OBV >>> 5 Days Ago

OBV + PPO (BULL)

2021.02.19 5DA (DMI -) ^ (DMI+) 5 EMA(D-W-M) XING UP-EMA13-16-50 RSI & OBV

2021.02.20 5DA (DMI -) ^ (DMI+) 5 EMA(D-W-M) XING UP-EMA13-16-50 RSI & OBV

2021.04.23 5DA (DMI -) ^ (DMI+) 5 EMA(D-W-M) XING UP-EMA13-16-50 RSI & OBV

Wkly swing, tested and working fine