November 15, 2017

Sell signal on kplswing indicator on nifty daily chart

- signals are based on kplswing indicator
- see how market is rangebound from JUL this year
- all indicator signals have failed bigtime (delivery/ positional)
- but this is normal of a rangebound market

- note signals would have excellent on lower time frame (i.e. hourly)

- futures trader would have been ideally using the  indicator with N=5

- same indicator with N=20 on hourly charts

No comments:

Post a Comment