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MarketVU
@SRStockAlertBot
Developed a tool to identify momentum stocks l Get your Stock Screener logic automated | App Link - https://t.co/KJzBJaMpAF
Mar 9, 2021 • 36 tweets • 12 min read
This is a thread which will describe you about the Automated Alert System

1. Key points of Automated Alert System,

👉 Based on support and resistance concept and using 20MA, Pivot and RSI
👉 Designed for Swing/Momentum trading 👉 Stoploss - On daily chart, below low of 20MA or below low of alert candle or as per your risk appetite
👉 Target - Typically expected ROI in swing trade is 5-7% and then after we can trail our stoploss and ride with the momentum