Super Composite Trend Indicator turns to sell mode in Nifty Daily charts and the supertrend trailing stoploss coming near 5402. Do you really feel that nifty this series will expire/end below 5400 for this current expiry?
Rajandran R Follow Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
Super Composite Trend Indicator turns Sell Signal in Nifty Daily charts
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7 Replies to “Super Composite Trend Indicator turns Sell Signal in Nifty…”
You mean,short nifty first thing in the morning with sl 5402.
1)The analysis is done on the daily charts indicating that more chances are there that for the next 10-20 days 5402 wont break. Probably it could end in a
2)5402 stop loss is based on EOD basis as the analysis are done on Daily charts.
It should come around 5000
Hi Rajandran R,
Could you please guide how to write a code for Stop loss and Trailing stop loss in AFL code and where to place it.
Hi Rajenderan, i need ieod data for MCX SIlver and Gold, so that i can test my strategy, can u able to give me a suggestion to get data
Good to see ur site. Just today i came across ur valuable site.
Let me go thru all ur features and let u know.
I want to know what’s the parameter used in the super trend indicator for Nifty EOD chart.
Thanks & Regards,