jadeja_rajdeep

18 mar 2023 09:31

RS Stage Analysis

TATA MOTORS LTD.NSE

Descrizione

⋅ 18 mar 2023 09:31

This script trying to detect different lifecycle of stock / Stages.

There is mainly 4 stages of stocks.

1) stage 1 - Accumulation = color = aqua

2) stage 2 - Advancing = color = green

3) stage 3 - Distribution = color = yellow

4) stage 4 - Declining = color = red

At some point the condition i wrote wont detect any stage.

Note di rilascio

⋅ 24 mar 2023 10:55

Implemented Auto Draw Support & Resistance line using below logic

This is upgraded logic

This is how you can marking the chart.

Stage 1

➡️First day of stage 1 high.
only confirm if after stage 1 there is again stage 4 or no stage for at least 2 days.

OR
Stage 1 stays for 5 time frame (including no stage)

Stage 3

➡️First day of stage 3 low.
only confirm if stage 3 stay more than 1 days. and before it stage 2.

Note di rilascio

⋅ 24 mar 2023 11:06

Improvements

Note di rilascio

⋅ 26 mar 2023 07:22

Added no of look back periods to use for auto draw support & resistance.

this will help full to load script much faster and also not generating too much lines on the chart.

Note di rilascio

⋅ 21 mag 2023 06:40

Removed complex condition to generate the stage 1 resistance line.

1) Added rs84 and rs72 to decide stage 1
2) Now using last 7 days high as resistance to avoid fluctuation for both stage 1 and stage 3 resistance.
3) changed from low to high for stage 3 resistance.
4) now only using one simple code to generate the stage 1 resistance line.
-> minimum 1 day in stage 1 and stage 0 in last 5 days or stage 1 in 2 days in last 5 days

Note di rilascio

⋅ 21 mag 2023 06:57

Added one more condition for stage 3 resistance

Note di rilascio

⋅ 21 mag 2023 07:11

Added

Days gap between 2 same stage lines input, to avoid multiple lines draw very close to each other.

Note di rilascio

⋅ 21 mag 2023 07:38

improvements in stage 1 line draw code

Note di rilascio

⋅ 21 mag 2023 08:00

bug fix in lookback code

Note di rilascio

⋅ 27 mag 2023 13:34

Added one more condition to generate stage 1 data

Note di rilascio

⋅ 14 giu 2023 09:41

Added Stage 2 Resistance Line

Note di rilascio

⋅ 15 giu 2023 06:17

Added Stage 1 Proper Resistance Lines option

if someone who are not sure about the Stage 1 resistance line now they can disable that option and only enable the Stage 1 Proper Resistance Lines option.

Note di rilascio

⋅ 15 giu 2023 06:23

improvements in stage 1 proper resistance line code.

Note di rilascio

⋅ 15 giu 2023 09:51

Improvements in proper stage 1 resistance line.

Note di rilascio

⋅ 16 lug 2023 06:13

-> Changed stage 2 color opacity when rs above ema147 and ema168 to easily identified proper stage 2 uptrend.

-> Hide stage 1 resistance line default to generate less lines.

-> Added stage 2 proper resistance line when rs above ema147 and ema168

now one should only enter a trade if green background color opacity is less.

Note di rilascio

⋅ 16 lug 2023 06:25

-> Hide default stage 1 proper resistance line.

-> Changed condition to generate proper stage 2 resistance line.

Note di rilascio

⋅ 16 lug 2023 06:37

Changed resistance lines high from 7 days high to 15 days high.

Note di rilascio

⋅ 16 lug 2023 06:54

Changed default comparison symbol from NIFTY50 TO CNX500

Note di rilascio

⋅ 16 lug 2023 07:19

Bug fix in stage 2 proper resistance line code.

Note di rilascio

⋅ 20 lug 2023 08:08

Upgraded stage 3 resistance line code.

Note di rilascio

⋅ 30 lug 2023 08:39

Changed ema length from 126 to 189

now checking close / open above all three ema, vwma, vwma-high

some code clean.

Note di rilascio

⋅ 30 lug 2023 10:18

Changed 189 ema/vwma to sma 200, 150, 100

Note di rilascio

⋅ 30 lug 2023 10:34

Updated condition for stage 2

Note di rilascio

⋅ 30 lug 2023 10:50

Updated stage 2 condition

Note di rilascio

⋅ 30 lug 2023 10:56

changed default settings.

Note di rilascio

⋅ 30 lug 2023 11:19

bug fix in stage 1

Note di rilascio

⋅ 30 lug 2023 11:22

bug fix in stage 1

Note di rilascio

⋅ 1 ago 2023 03:53

Added chart timeframe using timeframe.period instead daily timeframe for comparison index / stock.

Note di rilascio

⋅ 13 ago 2023 09:47

Updated stage 2.1 and stage 2 detection condition

Commenti

srilathagargis

⋅ 20 lug 2023 09:03

Thanking you always heartfully, congratulating you my dear brother, have a pleasant life

jadeja_rajdeep

⋅ 16 lug 2023 06:39

now one should only enter a trade if green background color opacity is less.

SarKar1055

⋅ 10 giu 2023 13:35

(a) Can you indicate 'entry and exit' criteria? (viz: whether go long when crossed "Stage 2 resistance line" and exit when crossed "stage 3 support line")?
(b) Do you suggest weekly time frame would work well for this strategy or daily?

jadeja_rajdeep

⋅ 10 giu 2023 13:46

@SarKar1055, I build this script for daily time frame. You can book profit at stage 3 line. But stock may start stage 2 again if it's crossed that stage 3 line.

Always look for most recent lines and previous lines as support where stock stop.

Sometimes you can also take entry at big support line.

I hope this clears your questions

jadeja_rajdeep

⋅ 23 mar 2023 11:11

This is upgraded logic

This is how you can marking the chart.

Stage 1

➡️First day of stage 1 high.
only confirm if after stage 1 there is again stage 4 or no stage for at least 2 days.

OR
Stage 1 stays for 5 time frame (including no stage)

Stage 3

➡️First day of stage 3 low.
only confirm if stage 3 stay more than 1 days. and before it stage 2.

jadeja_rajdeep

⋅ 21 mar 2023 06:52

this is how you can marking the chart.

1) in stage 1

-> first day of stage 1 high. only confirm if after stage 1 there is again stage 4 or no stage for at least 2 days OR after 1 day of stage 4/no stage and again stage 1.

-> first day of stage 3 low. only confirm if stage 3 stay more than 1 days. and before it stage 2.

Altro