electric wire
this indicator is made with various studies and 6 month of backtesting.
it can be used for index (nifty , banknifty) , intraday, swing and crudeoil.
method :
for intraday/index/crudeoil : go long when candle crosses above the electrice wire(all three wire)
go short when candle crosses below the electric wire.
time frame :
index: 5min
intraday/swing : 1hr
crude oil : 5min / 15 min
it can be used for index (nifty , banknifty) , intraday, swing and crudeoil.
method :
for intraday/index/crudeoil : go long when candle crosses above the electrice wire(all three wire)
go short when candle crosses below the electric wire.
time frame :
index: 5min
intraday/swing : 1hr
crude oil : 5min / 15 min