OPEN-SOURCE SCRIPT
JNSAR
Just Nifty SAR strategy has been developed by our Master Ilangovan.
Trading based on JNSAR:
JNSAR is a number based on market’s strength and weakness as well as the balance of demand and supply. Whatever the number may be, a choppy market could whipsaw the number occasionally to shake off your confidence in them. However, staying with one method brings you consistent winnings.
Step:1: As the JNSAR for yesterday was xxxx and the previous trade taken was a sell @ yyyy on “previous” day, the moment Nifty breached xxxx yesterday, you close out your earlier short and take a long position in minimum 2 lots – Stop and reverse (SAR).
Step:2: If after triggering a reversal long trade @ xxxx and markets fall again, you keep a filter of 20 to 30 points to JNSAR and manage them. Knowing key support numbers closer to JNSAR help in filtering out the whipsaws during long trades and Knowing key resistance numbers closer to JNSAR help in filtering out the whipsaws during short trades.
Step:3:Once a new trade is taken in with a minimum of 2 lots, you book on one lot with a profit of 50, 100+ points and keep the 2nd lot till a reverse trade is triggered based on each subsequent day’s JNSAR.
Step:4: After booking out on the 1st lot, if Nifty climbs back(retraces) substantially and start to fall again, take a new trade(rebuying) again. Rebuying the part booked trade is done at 50% to 61.8% of last segment of rise ( Reselling the part booked trade is done at 50% to 61.8% of last segment of fall) OR at critical 21 or 34 HrSmas. This step is optional and suited for the experienced.
Step:5: You may use the filter of 25 to 30 points on JNSAR for 2 days once JNSAR new trade is taken to give the new trade a fighting chance & survive. For eg: For the new long trade taken @ xxxx yesterday, the JNSAR of today @ zzzz may be altered to zzzz-30.
Step:6: Do not count your winnings. Stay focussed on each trade.
Get Rich Slowly & Quietly.
(Mr. Ilangovan)
Trading based on JNSAR:
JNSAR is a number based on market’s strength and weakness as well as the balance of demand and supply. Whatever the number may be, a choppy market could whipsaw the number occasionally to shake off your confidence in them. However, staying with one method brings you consistent winnings.
Step:1: As the JNSAR for yesterday was xxxx and the previous trade taken was a sell @ yyyy on “previous” day, the moment Nifty breached xxxx yesterday, you close out your earlier short and take a long position in minimum 2 lots – Stop and reverse (SAR).
Step:2: If after triggering a reversal long trade @ xxxx and markets fall again, you keep a filter of 20 to 30 points to JNSAR and manage them. Knowing key support numbers closer to JNSAR help in filtering out the whipsaws during long trades and Knowing key resistance numbers closer to JNSAR help in filtering out the whipsaws during short trades.
Step:3:Once a new trade is taken in with a minimum of 2 lots, you book on one lot with a profit of 50, 100+ points and keep the 2nd lot till a reverse trade is triggered based on each subsequent day’s JNSAR.
Step:4: After booking out on the 1st lot, if Nifty climbs back(retraces) substantially and start to fall again, take a new trade(rebuying) again. Rebuying the part booked trade is done at 50% to 61.8% of last segment of rise ( Reselling the part booked trade is done at 50% to 61.8% of last segment of fall) OR at critical 21 or 34 HrSmas. This step is optional and suited for the experienced.
Step:5: You may use the filter of 25 to 30 points on JNSAR for 2 days once JNSAR new trade is taken to give the new trade a fighting chance & survive. For eg: For the new long trade taken @ xxxx yesterday, the JNSAR of today @ zzzz may be altered to zzzz-30.
Step:6: Do not count your winnings. Stay focussed on each trade.
Get Rich Slowly & Quietly.
(Mr. Ilangovan)
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.