pradhan19

Price Action Movements by RP

This is the Indicator which will enhance finding Buying and Selling opportunity on any market.
Mostly suited for day Trading and some indicator can be used for signalling stock on longer time frame.

Indicators used to create this strategy is as follows:
- Exponential Moving Average (EMA)
- Supertrend
- Volume Weighted Average Price (VWAP)
- Exponential Moving Average of Volume Weighted Average Price (MVWAP)
- Previous Day Volume Weighted Average Price (PVWAP)
- Previous Day High, Low and Close (PDH, PDL, PDC)
- And Current Day Support and Resistance points based on Previous day Price Movement.

This will indicate where to buy and Sell with Indicator based on Following criteria,
Buy Signal given,
- When Close is above Exponential Moving Average 9
- When Close is above Exponential Moving Average 21
- RSI above 55
- Supertrend is positive
- Volume is above 300 moving Average
- Close is above Volume Weighted Average Price

Sell Signal given,
- When Close is below Exponential Moving Average 9
- When Close is below Exponential Moving Average 21
- RSI below 45
- Supertrend is negative
- Volume is above 300 moving Average
- Close is below Volume Weighted Average Price

Trades can use this Study according to their need of the Indicator.
Users can Tick the indicator which they want to add on Charts to study.

Only Exponential Moving Average indicator can be used.
Only Supertrend can be used.
Volume Weighted Average Price, Previous Day Volume Weighted Average Price, Exponential Moving Average of Volume Weighted Average Price and Previous Day High, Low and Close can be used as a particular study.
Support and Resistance can be used along with Previous Day High and Previous Day Low as a particular study.

This is multipurpose Study which will help Trading Society immensely.

Thank You.

Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.

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