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Shauryam_or
17 jan 2023 08:40

Ma Pullback 

Nifty Bank IndexNSE

Beskrivning

This indicator is based on ema band....

condition for buy =>

1) price should crossover ema band
2) price pullback on ema band but price should not close below lower band
3)after pullback green candle should close above ema band
4)check candle size when its crossing ema band
5)check previous canlde 7 should not touching cloud so (we can reduce range signal)


condition for sell =>

1) price should crossunder ema band
2) price pullback on ema band but price should not close above upper band
3)after pullback red candle should crossunder ema band
4)check candle size when its crossing ema band
5)check previous canlde 7 should not touching cloud so (we can reduce range signal)

this indicator also for education purpuse how we can make pullback condition....
Kommentarer
lukricky
good and logic efficient indicators, i love it
Shauryam_or
@lukricky, thnx mate ..
WiseForX
Nice logic & good work. Thanks.
Shauryam_or
@WiseForX, thnx mate
EmirCLB21
Does it is repaint?
Shauryam_or
@BTC455, no mate it not ..
EmirCLB21
@Shauryam_or, thanks dude
Mer