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95% of the traders lose money in the stock market because they don't have a proper trading setup.
Here is a simple cash trading strategy based on NR4/NR7 candles (that can be automated) that can help you catch Mega Breakouts in the Market
Surprise at the end!
A Thread🧵:
Here is a simple cash trading strategy based on NR4/NR7 candles (that can be automated) that can help you catch Mega Breakouts in the Market
Surprise at the end!
A Thread🧵:
We will split this thread into five parts:
• What is NR4 and NR7
• How to use NR4 and NR7 in your Trading (Daily/Weekly Time Frame)
• Free Tradingview Indicator
• Free NR4 and NR7 Screener Link to simplify your analysis
• What is NR4 and NR7
• How to use NR4 and NR7 in your Trading (Daily/Weekly Time Frame)
• Free Tradingview Indicator
• Free NR4 and NR7 Screener Link to simplify your analysis
1/ What are NR4 and NR7:
NR4 (Narrow Range) and NR7 mean when a stock price has made the smallest range (High-Low) in the last 4 and 7 days respectively.
These candles indicate compression in the price and it is expected to give a massive one-sided move in either direction.
NR4 (Narrow Range) and NR7 mean when a stock price has made the smallest range (High-Low) in the last 4 and 7 days respectively.
These candles indicate compression in the price and it is expected to give a massive one-sided move in either direction.
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Respected all sir
I have observe that many times after high volume candle formed stocks price drop and that high volume candle's high is protected and break that high by another high volume candle only.
Here are some examples.
I have cover all large, mid and small cap stocks
I have observe that many times after high volume candle formed stocks price drop and that high volume candle's high is protected and break that high by another high volume candle only.
Here are some examples.
I have cover all large, mid and small cap stocks
