eemani123

eemani123

I have found this strategy to find possible gap ups. set up ========= On Hourly Chart Plot EMA 200 ( in the above chart it is blue solid line ) Add VWAP , set weekly setting Add EMA , set period to 9 Change the source of EMA 9 to VWAP Lets call this ema9 setup as EMA9VW (in the above chart it is purple line) BUY ==== EMA9VW is above ...

eemani123

I have noticed that some trades missed in VWAP and RSI strategy. To improve the entries and add more you can add divergence indicator and set the source of it to vwap. change the settings to 5 , 3, 3 when the price is trending below 200 line , then look for Divergence indication and buy when price closes above VWAP. In the above screen you see...

eemani123

RSI of VWAP has been published for Long side entries only. However, it can be used to short the equity. below are the details ... 1. Add VWAP to your chart 2. Add RSI (period 14) (set oversold line to 25 and overbought line to 70) 3. change the source of RSI to VWAP when the VWAP crosses down to Oversold line at 25 , take the short...

eemani123

Look at the BABA setup on hourly chart, it looks nice for Long setup 1 & 2 : divergence ... price is going down but vwma slope is going up 3 : vwma slope broke previous pivots trend line 4: once slope broke above (3) , price gapped up Let me know what you think about this setup ...

eemani123 Updated 

I have been testing stocks other than index on RSI W Pattern. I have selected most active stocks ( FAANG) , from this list I have found AMZN and FB are showing over 80% winning rate. Recently FB has shown a signal and a second entry signal on 1 hour chart. Just watching how would it perform in real time testing

eemani123

AAPL went long on 27th MAY on RSI W pattern strategy on Daily chart --- watching how will it do

eemani123

Presently GOOGL is in LONG trade on RSI Divergence Indicator. This long is going to be closed /exit soon , as I see divergence on the RSI overbought area. Price made new HIGH , but RSI5 is not registering that , BEAR flag comes here ... (not shown yet) ... just watching when that will be shown by the strategy :-)