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In this Swing Trading Strategies video I have covered ADX Indicator and Moving Averages based Trading Strategy recommended by Linda Bradford Raschke. This is a highly effective Swing Trading Strategy that is implemented on Daily time frame to Swing Trade stocks successfully. Very easy to understand and execute. Do give it a try.
Hii bro, Thanks for the wonderful video. simple language, easy to understand and execute but very effective strategy. You are doing a great service to so many traders. Kudos to you. Can you post some videos focusing on how to minimize the givebacks on beginning and completion of the trend and maximize the profits out of the trend. for any asset. Thanks again. god bless you.
Is it necessary for ADX to be above 30 when price touches the EMA20? Asking because when price retraces to EMA20, ADX also goes down n may also go below 30. In that case what should we do?
I think I am watching this watchlist for the 6th time now. Everytime I tend to learn a thing or two. Raunak Sir you are a gem of a person. Yesterday Vivek Bajaj of Stockedge also gave shout out for your channel. Please be a guest at Face2Face with him 🙏🏼
you r too good man, seriously i mean, point to point narration, no nonsence chipplers, calm voice, goood presentation, very logical, very professional without charging a penny, god bless u, u truly knw the value of sharing is caring
Thanks so much. Following is the list of all training available at the channel. Intraday Trading - bit.ly/2oDtH08 Swing Trading - bit.ly/2JY4SDR Heiken Ashi - bit.ly/2NFgzAm Options Trading - bit.ly/2qebBlR Other Videos - bit.ly/36qOLrR Market Profile - bit.ly/2r4q58h Futures Trading - bit.ly/2N8qijg Ichimoku - bit.ly/2r1WNqQ Stock Picking - bit.ly/36nUmPz
Dear sir...Nice secession and this is noiseless strategy... Whenever I come across ADX it was always difficult to understand and use. But afterwards this 30min secession video ; the way you explained it's Amazing now. Thanks alot for this wonderful secession. :)
Very crisp explanation. One thing I noticed and liked about your video is that you use only that many words as required to explain the concept, no more, no less. Thanks.
Thank you so much.. Lot of us were looking for the beta code for tradingview after watching this video. I found it in one of the post responses by Raunak. Sharing it here for easy access to all: study("Ami Beta") a = tickerid b = input("NIFTY", type=symbol) as = security(a, period, close) bs = security(b, period, close) chg = roc(as, 1) chgbase = roc(bs, 1) N = input(252) chgbasedouble = chgbase * chgbase sumchgbasedouble = sum( chgbase, N ) * sum( chgbase, N ) beta = (N * sum( chg * chgbase , N ) - sum( chg, N ) * sum( chgbase, N ) ) / ( N * sum( chgbasedouble, N ) - sumchgbasedouble ) plot(beta)
Sir I am watching this after 3years late of posting date really I learn a lot of thing in this series thank you to giving knowledge in cost of free And I see all video of this channel approx thanks a lot of thanks I pray to allah aapko salamat rakhe thanks 🙏🙏🙏
I find all the examples you use and how you have written everything out so beneficial in helping us learn. I don't see that much effort in other educational videos. Thank you ❤
Excellent explanation point by point and step by step. I hope no one will get any doubt after this kind of explanation. May be to confirm ones understanding may ask few doubts. Thanks once again. Will start practicing more before entering.
Awesome and most valuable video of youtube. I use the combination of your vwap, 20 day exponential moving average, adx strategies daily in banknifty option buying inttaday trading except weekly expiry day and I earn decent profit daily.
I was looking for an indicator that would show me stocks in good momentum. Introduction of RS was quite surprising, as I am already using it, but some stocks would go sideways in few sessions. Thank you for good explanation and setting a concrete confidence in ADX.
Good Morning> just went through another of your beautiful sessions i.e ADX & MA LBR strategy. Request 2 clarifications 1. What if stock is trending but Market is not. Can once take positions safely 2. What would be the exit point after having taken a trade based on Entry points as explained in the video. It's always great to go through your sessions.. Thx
Can you please suggest the best way to back test this strategy. Here is what I am thinking in terms of steps: 1. Pick a time range - 3 to 5yrs 2. Select 10 high beta stocks >1.2 from that time range Question: Do I have to consider Market and Sector trend during the chosen time frame? 3. Plot the 20EMA and ADR on those charts 4. Mark major swings 5. Emulate a trade position - mark entry, SL, Target, with proper position sizing, risk management - Rmultiple, record each trade in my trading journal and analyse win / loss % of the strategy. Kindly advice.
where should be the exit...i didn't find that in the video? is it on the reversal candle? or do you just hold and roll over the futures position till the stock is below the 20ema [jsw steel]?
After alert, For entry we need to wait for candle closing above alert candle high or just we need to take entry once next candle crosses high of previous candle.
@@sagarthurwal441I dont think it will help you too much in terms of Intraday trading but I can ASSURE you that it will be really helpful in case of Swing trading
HI! In the example above that you show ...the wide candle broke the EMA20, and went side ways & (11th day after ) it touched the 20EMA again,,,that'ss where we enter the trade on the 14th day.What about the short trades where, once the 20EMA is broken with a wide range candle...but the price doesn't come back to touch the 20day ema and keeps going down in other trading sessions ..how to enter that ?
@@TradeWithTrend Thanks for your reply. Your videos have taught me a lot . I shall continue to watch all your content further... You have mentioned that we must look for retracement in your video -hence the confusion arises.. You dont use investing.com for charting ...which makes it difficult for novice guys like me. your (Price-Volume on the X-axis ) + (ADX vs Nifty) Indicators, i have not found anywhere yet... can you help with free charting sites that you use or suggestions on how to find these indicator tools
This the very Best one Strategy I ve seen for going long or short, and thank you for giving some time and knowledge. I just want to know that can we apply same adx and 20Ema for intrady setup, or else is there any best intrady setup please provide.
Thank you so much for making these videos. They are the best swing trading videos I have found on youtube so far. You should really consider making a paid course, I would definitely buy it and I'm sure many of your viewers would!
BIG THANKS AGAIN.. THANKS FOR YOUR GENEROSITY Of SHARING VALUABLE WISDOM FOR FREE. Question: For this strategy, I guess we should still follow your top down approach for stock selection with 200 MA for Index, Sector and Stock with avg volume of 3L for 252 period & Beta 1.2 or 1.3 in this case for 252 period and then apply this ADX strategy on the stock with 20 EMA. Please clarify if my understanding is correct? Also, just curious to know your view on the Super Trend indicator and it's reliability. Please share your thought. THANKS AGAIN FOR ALL YOUR EFFORTS.
Hello Jay, I have tried filtering about Stocks for stock selection for swing trading but really confused. Can you please explain how do you filter out stocks using Top Down approach and also use the filters of Volume, Beta etc? It would be really helpful. Please, thank you!
While back testing i found that sometimes adx felt below 30 level but price was above 20 Ema..What should we do in such condition , exit the position or wait for sl to hit
Again a very professional and useful video. Thanks. Pls make a series on OI Analysis, PCR, VIX, Max Pain. Lot many Gurus have confused a lot, pls simplify it. Regards,
Hi ST..Is it important that the decision candle wick touches the 20EMA. Just scanned some stocks that meet the criteria for ADX and some of them have crossed the 20EMA and closed below it. Do we consider such stocks or only the wick needs to touch the 20EMA...Thanks
Thanks for your comment. Its a judgement call. I would adapt if underlying conditions are Bullish. If you can post the chart here, I will comment further.
This is a valid setup. Since short term volatility is still high in market, I would buy into this stock in Equities segment with recent Swing low as stop.
Thnx a lot for the video... what if a stock retraces back to 20EMA and close above it and next day if it goes back below previous days low which is below 20EMA? Is close below/above 20EMA important ?
Sir ,you recommend equity for swing trade to beginners.How can one take short side swing trading with equity? Or one should look to futures or options for short side swing trading?
Does this need to be modified at all when trading option credit spreads in the 30-45 Days to Expiration range? IOW, if I were to analyze the stock, but trade bull/bear credit spreads rather than buying and short selling the shares.
What program is using candle volume charts? I know all programs have candlesticks and "volume sticks" but the picture uses candle volume charts...as in the candlesticks thickness and length are on the chart as one chart as possible to separately below the chart. Or am I missing something? Please explain.
Sir agar candle 20 EMA ko break krke upar ya niche closing de de orr other condition bhi satisfied hai to kya hame trade leni chahiye ya hum wait krenge ki candle 20 EMA ko touch kre phir uska low/high break hi then trade me enter karenge...plzzz replyyy
Use this code. Make sure pine editor is blank when you post it. study("Ami Beta") a = tickerid b = input("NIFTY", type=symbol) as = security(a, period, close) bs = security(b, period, close) chg = roc(as, 1) chgbase = roc(bs, 1) N = input(252) chgbasedouble = chgbase * chgbase sumchgbasedouble = sum( chgbase, N ) * sum( chgbase, N ) beta = (N * sum( chg * chgbase , N ) - sum( chg, N ) * sum( chgbase, N ) ) / ( N * sum( chgbasedouble, N ) - sumchgbasedouble ) plot(beta)
Thanks so much kulbir singh Chugh Swing Trades can be held for 10 - 18% Profit. You can also hold till Trend lasts. Typically this would mean till price sustains above 20 EMA. It did not understand second part of your question. What does Short side for Option mean? Do let me know.
Whenever we talk about beta value of a particular scrip what is the period of calculation of it. Have checked the tradingview script for the same. Would like to know if the beta considered is of that specific day or else
If you use the OBV with 100 EMA it works perfect with the ADX. When OBV is under the 100 it is bearish and vice versa. Once that is seen you very the ADX is atleast above 25 and if the crossover hasn't happened you would wait for the crossover which is your entry into the trade
Hi Ranjan Hazarika Thanks for your comment. Make sure you watch entire Swing Trading playlist. You will learn a lot. ua-cam.com/play/PL9myHLrE5hrPQI6ljQCNZ0KQsnvTsgENG.html
@@TradeWithTrend yes seems to qualify but it has been uptrend now since mar April.. It is currently at the resistance zone.. Adx is more than 30 now... N it has surpassed the entry point too.. I have doubt because it has been rising also it is just crossing the resistance zone
Hi - While trying to practice back testing this strategy, I am coming across these following hurdles, can you please clarify on this I am basically looking to find Long Signals. I have ensured to pick a time frame (Jan 2019 - Sept 2019 for these specific examples) where the broader market is trending long, chosen sectors are trending up and the stocks too. I have picked high beta stocks with strong avg. volumes such as Bajaj Finsvr, Reliance, HPCL, DLF, L&T Fin, ICICI etc. (compromised a bit on the stringent fundamental factors though for practice purposes). Key Observations: 1. Unable to find signals that meet the criteria of ADX 14 being at 30 while candle retracing to 20 EMA and positive DI+ above negative DI- 2. There are upside breakouts but those are not meeting the above criteria 3. In couple of cases, there are hardly 1 or 2 signals over a span of 8-9 months but even those are hitting the SL sooner Is it common to find very few signals with this setup? Or I am doing something wrong here? Kindly clarify.. As always appreciate your help. Thanks
Everything works in cycles Jay. You need to adapt to ADX conditions in different cycles. Not everytime ADX will be above 30. Instead it can simply be above 20 and that would qualify as well. This is the main reason why systematic back test are of limited value. Prefer using bar playback method where you manually analyze structures.
Many a times i have found that we do get an entry signal but adx is below 30 and thus we end up missing a good trend. How can i deal with this situation?
Ok, what I could see during the search was a multitude of EMA options with many variations and am not sure which is the correct one.....so have started with an option available as EMA 20/40, hope ok
Good morning brother, had a doubt in plotting market profile session chart in trading view Under rows layout we can select number of rows(which comes as default) Row size 24 as default Which is preferable as another option is Rows layout-ticks per row Row size- n number(as per your experience). Thanks
@@TradeWithTrend apologize it's volume profile only. I can't stop quoting u r so so committed brother, u r like ganguly of our times, never misses a comment of others. I would like to know your name
I will check the settings. Can't recollect it for now. I will reply to you re this tomorrow. Hope its okay. I just keep a very low profile on Internet. Main reason why I dont give out other details. That's all. But one day, we all will meet for sure. Hope you understand.
@@TradeWithTrend it's absolutely fine, please share settings in leisure, Regarding your name I just wanted to know otherwise I'll name u as DRONACHARYA, I'm your ekalavya @2017 I came accross your 9 part series on u tube that too they were 5 years old then all of a sudden nothing from u, out of bloom good flow of content started. Thanks for that. Market profile vs volume profile I hope the concept is almost same except for market profile it's order flow which is again next level. My view given the current scenario of elections, volatility, xyz until thinks get streamlined one should stick to intraday. (Investment is something else it's stock sip) I personally believe it u make video on volume profile charts for intra day at least 3 part series it will do a world of good for all of us. Surely we should meet. It's a very good forum in this channel, no noise and all are good people here.
Thanks Chunduru I'm just a common man Chunduru. Call me ST and nothing else. Dronacharya name should be reserved for a select few in the World. 🙏 Whenever I start Short term and Intraday videos, they'll be more focused towards how to not fail in it. Volume profile and Market profile are just one of the useful tools while trading intraday. Re Elections, I feel one component should be intraday but one should be positional as well. Around elections, fantastic trading moves happen and one should capitalize on same.
FROM THIS STRATEGY 1)I learnt stock selection for swing trading [Using technical indicator] 2)I learnt where to take entry into the trade [Using technical indicator] 3)I learnt where to place stop loss [Using technical indicator] But I could not learn one important thing 1)Where to book profit and exit from trade If you please explain where to book profit and exit from trade Based on some technical indicator or price-action,It will be helpful for us
I see a lot of you-tube channels on stock analysis but I am completely mesmerized by your lucid way of explaining and presenting this advance trading strategy.Hats off to you.
Sir, since we use a daily tf, should i wait for close of the candle above the entry candle and then make an entry or make an entry on the break of the high of the entry candle?
I have observed that certain times the candle breaks the high but closes below the entry candle and when i look for entry the next day a considerable move occurs which ruins my risk reward ratio as well as probability
@@TradeWithTrend i am backtesting this strategy and have come across this on certain occasions. Hence thought i will seek your insight. Sir you have been of great help🙏
If i want to back test this strategy , what is the percentage of wins and losses and want to back test other stratergies also , can you suggest some software please
Sir by the time ADX is 30, 55-65% of downfall or uptrend already happens. So, I think certain modifications might me required to trace intial point of trend.
Great video, mind blowing, Thanks a lot for your effort and time. As a beginner these type of strategies are easier to learn and practise. This will help us to withstand in market before learning the complex strategies and trading psychology. I thanks a lot from my bottom of heart on behalf of all beginners.
hi sir, should the trade be triggered as soon as the candle high/low touching the ema line is crossed or after the day's close above/below the marked candle's high/low ?
I really enjoy your videos, and learn a lot from them. I have a question: How do you decide if you should use this strategy (ADX + MA) over the first strategy in the series (MA + Stochastic) or vice versa, at least when the price is trending up? Thanks for your help.
Sir can I use Chartlink with below instruction Stocks above 20/44 EMA Adx above 30 Daily chart Stock Midcap and large cap Check for retracement on 20EMA and post green candle enter Can I apply this or should I add any other indicators?
In Trading View, when you open a full featured chart, there is a "Pine editor" tab at the bottom of your chart screen. Open that and paste this code. And then, apply it on the chart. You should then see Beta Indicator plotted.
@Trade With Trend - Raunak A Hello Raunak, I am a new member from USA, can i use the Beta code for US stock market like changing "NIFTY" to SPY? Thank you for taking your time to explain very detail.
(JOIN CHANNEL) To Learn PRICE ACTION TRADING
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Thank you so much!
Your adding a lot value to your work!
Getting to learn a lot.
Sir, how to find out high beta value?
Brother Where can I find the code for high beta
Thanks for quick reply
@@SuperTvik where can I find beta code ?
@riyah can’t find
In this Swing Trading Strategies video I have covered ADX Indicator and Moving Averages based Trading Strategy recommended by Linda Bradford Raschke. This is a highly effective Swing Trading Strategy that is implemented on Daily time frame to Swing Trade stocks successfully.
Very easy to understand and execute. Do give it a try.
Hii bro,
Thanks for the wonderful video.
simple language, easy to understand and execute but very effective strategy. You are doing a great service to so many traders. Kudos to you.
Can you post some videos focusing on how to minimize the givebacks on beginning and completion of the trend and maximize the profits out of the trend. for any asset.
Thanks again.
god bless you.
PS. If you have already posted a vid like that plz let me know which video is it so I can watch it first.
Is it necessary for ADX to be above 30 when price touches the EMA20?
Asking because when price retraces to EMA20, ADX also goes down n may also go below 30. In that case what should we do?
Thanks so much. I'll surely make a video on this subject.
In low trending phases, you can keep ADX criteria as 25. This way, you will still be able to take the trade. Hope this helps.
I think I am watching this watchlist for the 6th time now. Everytime I tend to learn a thing or two. Raunak Sir you are a gem of a person. Yesterday Vivek Bajaj of Stockedge also gave shout out for your channel. Please be a guest at Face2Face with him 🙏🏼
Thanks so much. Follow this Sequence to Learn Trading & Investing.
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Sir i cant find beta code
@@TradeWithTrend🎉
This is how it goes..
I watch some other videos about certain strategy, get confused; come to your page, and it all makes sense
Kudos !!
you r too good man, seriously i mean, point to point narration, no nonsence chipplers, calm voice, goood presentation, very logical, very professional without charging a penny, god bless u, u truly knw the value of sharing is caring
Thanks so much. Following is the list of all training available at the channel.
Intraday Trading - bit.ly/2oDtH08
Swing Trading - bit.ly/2JY4SDR
Heiken Ashi - bit.ly/2NFgzAm
Options Trading - bit.ly/2qebBlR
Other Videos - bit.ly/36qOLrR
Market Profile - bit.ly/2r4q58h
Futures Trading - bit.ly/2N8qijg
Ichimoku - bit.ly/2r1WNqQ
Stock Picking - bit.ly/36nUmPz
I have never seen such a nice and simple explanation along with sharing the in-depth knowledge. Thanks a lot sir..
Thanks so Much Tanmay Ghosh. Any doubt, let me know.
Excellent!!! One of the best Chanel on YT. Lot of learning and knowledge. Thanks and God bless you.
Thanks so Much ashish saivanya. Any doubt, please do let me know.
Dear sir...Nice secession and this is noiseless strategy... Whenever I come across ADX it was always difficult to understand and use. But afterwards this 30min secession video ; the way you explained it's Amazing now. Thanks alot for this wonderful secession. :)
Thanks so Much Sudarshan Wankhede.
If you have Any doubt, let me know.
The best no nonsense channel on UA-cam. Great regards for you sir.
So nice of you
Very crisp explanation. One thing I noticed and liked about your video is that you use only that many words as required to explain the concept, no more, no less. Thanks.
Thanks so much. Do watch the remaining videos as well.
Link is given below
ua-cam.com/users/tradewithtrendvideos
Already I'm using it with RSI. You cleared my doubts. Really it's useful. Thanks
Thanks so much Selvendran K
Hi there, please may I ask. When you use the RSI, do you go long if RSI is around 70 and ADX is above 30 or do you do something different? Thank you
Sir, I liked the simplicity in the way you explained this strategy, anybody can understand without much confusion.
Thanks a lot...
Thanks so much
Best stock market channel in India
The way you describe is unique
Thanks so much Dipak Dentist
All of you are very kind to me. 🙏
Really clear explanation ADX Indicator. I will go through the previous videos as well. thanks for your effort and time.
Thanks so Much nklvijay.
Any doubt, let me know.
Thank you so much.. Lot of us were looking for the beta code for tradingview after watching this video. I found it in one of the post responses by Raunak. Sharing it here for easy access to all:
study("Ami Beta")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
chg = roc(as, 1)
chgbase = roc(bs, 1)
N = input(252)
chgbasedouble = chgbase * chgbase
sumchgbasedouble = sum( chgbase, N ) * sum( chgbase, N )
beta = (N * sum( chg * chgbase , N ) - sum( chg, N ) * sum( chgbase, N ) ) / ( N * sum( chgbasedouble, N ) - sumchgbasedouble )
plot(beta)
Neat! You have covered all aspects from Strategy, selection, entry, risk, sl, exit and psychology all in one! Learnt a great deal from this..
Excellent. I follow a similar model to day trade and I've never seen a better strategy. Your education is very detailed and complete.
What a legend you are !!!
Blown away by the detailing you went into with apt examples.. just awesome 👌🏻👍🏻👌🏻👍🏻🤩
Thanks so much
Sir I am watching this after 3years late of posting date really I learn a lot of thing in this series thank you to giving knowledge in cost of free
And I see all video of this channel approx thanks a lot of thanks
I pray to allah aapko salamat rakhe thanks 🙏🙏🙏
I find all the examples you use and how you have written everything out so beneficial in helping us learn. I don't see that much effort in other educational videos. Thank you ❤
Thanks so much elaine choy
Appreciate your support as always.
what an unbelievably awesome presentation!!! such clarity of thought and explanation with a deep level of commitment and dedication.... Hats off sir
Glad it was helpful!
Excellent explanation point by point and step by step. I hope no one will get any doubt after this kind of explanation. May be to confirm ones understanding may ask few doubts. Thanks once again. Will start practicing more before entering.
Thanks so much.
Awesome and most valuable video of youtube. I use the combination of your vwap, 20 day exponential moving average, adx strategies daily in banknifty option buying inttaday trading except weekly expiry day and I earn decent profit daily.
Keep it up
Another great video. I subscribed to your channel months back after watching price action video. Yesterday with intraday and today with ADX
Thanks so much Miller. Appreciate it.
I was looking for an indicator that would show me stocks in good momentum. Introduction of RS was quite surprising, as I am already using it, but some stocks would go sideways in few sessions. Thank you for good explanation and setting a concrete confidence in ADX.
First of all Sir excellent explaination. Hats off to you. Understanding ADX was not easy prior to this video. Thanks
Thanks and welcome
Raunak ji, you are simply a wonderful person. I follow you diligently.
Thanks so much
Good Morning> just went through another of your beautiful sessions i.e ADX & MA LBR strategy. Request 2 clarifications
1. What if stock is trending but Market is not. Can once take positions safely
2. What would be the exit point after having taken a trade based on Entry points as explained in the video.
It's always great to go through your sessions..
Thx
Left with no words to appreciate your efforts 🙏🙏🙏
Thanks so much Vineeth 😊
In given example, breach of low of 20 ema touching candle is entry point on short side. Is that breach a day closing basis or hourly or which TF ?
Its on daily time frame chart.
@@TradeWithTrend thanks
Can you please suggest the best way to back test this strategy.
Here is what I am thinking in terms of steps:
1. Pick a time range - 3 to 5yrs
2. Select 10 high beta stocks >1.2 from that time range
Question: Do I have to consider Market and Sector trend during the chosen time frame?
3. Plot the 20EMA and ADR on those charts
4. Mark major swings
5. Emulate a trade position - mark entry, SL, Target, with proper position sizing, risk management - Rmultiple, record each trade in my trading journal and analyse win / loss % of the strategy.
Kindly advice.
Looks like a good framework to backtest.
I would recommend you to include Market or Sector trend at least.
Will help you filter our false trades.
@@TradeWithTrend Thank you..Will include the Market & Sector trend..
Best Regards..
Jay
where should be the exit...i didn't find that in the video? is it on the reversal candle? or do you just hold and roll over the futures position till the stock is below the 20ema [jsw steel]?
Hold till trending structure lasts. Simple higher high and higher low.
After alert, For entry we need to wait for candle closing above alert candle high or just we need to take entry once next candle crosses high of previous candle.
Great videos series by you atv free of cost in you tube. Thanks so much sir. God bless you and have a great success 🙏
Thanks so much. You can access all videos with links below.
Intraday Trading - bit.ly/2oDtH08
Swing Trading - bit.ly/2JY4SDR
Heiken Ashi - bit.ly/2NFgzAm
Options Trading - bit.ly/2qebBlR
Market Profile - bit.ly/2r4q58h
Futures Trading - bit.ly/2N8qijg
Ichimoku - bit.ly/2r1WNqQ
Stock Picking - bit.ly/36nUmPz
Beta Code For Trading View
study("Ami Beta")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
chg = roc(as, 1)
chgbase = roc(bs, 1)
N = input(252)
chgbasedouble = chgbase * chgbase
sumchgbasedouble = sum( chgbase, N ) * sum( chgbase, N )
beta = (N * sum( chg * chgbase , N ) - sum( chg, N ) * sum( chgbase, N ) ) / ( N * sum( chgbasedouble, N ) - sumchgbasedouble )
plot(beta)
Hats off to you for teaching price action in such depth🙏
Sir you are REALLY A PERFECTIONIST, each and every video of yours is a piece of art.
THANKS
Thank you so much
Hey . Can you please tell me how’s the paid course of this channel. Will i be able to learn exit and entry while doing intraday or swing.
@@sagarthurwal441I dont think it will help you too much in terms of Intraday trading but I can ASSURE you that it will be really helpful in case of Swing trading
@@mohammadfarzan230 okay Thankyou.
Wah!! What an explanation brother... Extremely superb.. !!
Thanks so much
Your video's are great. Please keep posting. This strategy is also very effective, will try in the coming days. BTW thanks for keeping it in english.
Thanks so Much Loganathan.
Appreciate your feedback
HI! In the example above that you show ...the wide candle broke the EMA20, and went side ways & (11th day after ) it touched the 20EMA again,,,that'ss where we enter the trade on the 14th day.What about the short trades where, once the 20EMA is broken with a wide range candle...but the price doesn't come back to touch the 20day ema and keeps going down in other trading sessions ..how to enter that ?
It’s all about assessment of momentum. If momentum is high, retracement will be limited.
@@TradeWithTrend Thanks for your reply. Your videos have taught me a lot . I shall continue to watch all your content further...
You have mentioned that we must look for retracement in your video -hence the confusion arises..
You dont use investing.com for charting ...which makes it difficult for novice guys like me. your (Price-Volume on the X-axis ) + (ADX vs Nifty) Indicators, i have not found anywhere yet... can you help with free charting sites that you use or suggestions on how to find these indicator tools
This the very Best one Strategy I ve seen for going long or short, and thank you for giving some time and knowledge.
I just want to know that can we apply same adx and 20Ema for intrady setup, or else is there any best intrady setup please provide.
Thanks Srinu Vasu. Basics remain the same. Application you'll have to practice.
This was an eye-opener for me trading in Binary Options .. Thank You.
It’s clear explanation without any room for doubt thank you very much
Thank you so much for making these videos. They are the best swing trading videos I have found on youtube so far. You should really consider making a paid course, I would definitely buy it and I'm sure many of your viewers would!
Glad you like them!
Will look into a course somewhere in second half of 2020. Still in the planning stage.
@@TradeWithTrend great to hear, looking forward to it!
Thanks
hi , an insightful video indeed , I just wanted to ask isn't most of the movemnet in the stock already done by the time ADX is above 30 ?
Depends on the underlying cycle. You can also look into entering upon pullback.
What a video, Majja aa gayaa
Thank you very much sir, for excellent video.
you have taken lots of effort to brief it in detail.
thanks once again.
Thanks and welcome
BIG THANKS AGAIN.. THANKS FOR YOUR GENEROSITY Of SHARING VALUABLE WISDOM FOR FREE.
Question: For this strategy, I guess we should still follow your top down approach for stock selection with 200 MA for Index, Sector and Stock with avg volume of 3L for 252 period & Beta 1.2 or 1.3 in this case for 252 period and then apply this ADX strategy on the stock with 20 EMA. Please clarify if my understanding is correct?
Also, just curious to know your view on the Super Trend indicator and it's reliability. Please share your thought.
THANKS AGAIN FOR ALL YOUR EFFORTS.
Thanks Jay. Yes top down approach would definitely help. Pay more focus to volume criterion and overall trend.
Hello Jay, I have tried filtering about Stocks for stock selection for swing trading but really confused. Can you please explain how do you filter out stocks using Top Down approach and also use the filters of Volume, Beta etc? It would be really helpful. Please, thank you!
Very simple yet powerful swing trading strategy sir
No requirement of costly setup and trading software
Thanks to you sir and thanks to LBR also 👌👌👍👍
Thanks so much Sandip Barokar
All credit to Linda Bradford. I am just the messenger here. She's the one who was kind enough to share this will all.
TradeWithTrend Thank you sir
While back testing i found that sometimes adx felt below 30 level but price was above 20 Ema..What should we do in such condition , exit the position or wait for sl to hit
Yes this does happen at times. Just wait for trailing stop to be hit if you are long in stock or future.
Again a very professional and useful video. Thanks. Pls make a series on OI Analysis, PCR, VIX, Max Pain. Lot many Gurus have confused a lot, pls simplify it. Regards,
Thank you Hemant. Have already done it. Check the link below.
Options Trading - bit.ly/2qebBlR
Hi ST..Is it important that the decision candle wick touches the 20EMA. Just scanned some stocks that meet the criteria for ADX and some of them have crossed the 20EMA and closed below it. Do we consider such stocks or only the wick needs to touch the 20EMA...Thanks
Thanks for your comment.
Its a judgement call. I would adapt if underlying conditions are Bullish.
If you can post the chart here, I will comment further.
@@TradeWithTrend tinypic.com/r/2zzqngp/9
This is a valid setup. Since short term volatility is still high in market, I would buy into this stock in Equities segment with recent Swing low as stop.
@@TradeWithTrend Thank you
Thnx a lot for the video... what if a stock retraces back to 20EMA and close above it and next day if it goes back below previous days low which is below 20EMA? Is close below/above 20EMA important ?
Can you explain this in form of a chart? I can explain better then.
Use Tiny Pic website to upload chart and then paste the link here.
Sir ,you recommend equity for swing trade to beginners.How can one take short side swing trading with equity? Or one should look to futures or options for short side swing trading?
Thanks Akhilesh
First start with long only trades in Swing Trading. Then move to short selling through futures.
Superb explanation..Thanks for your effort on making this videos for common retailers..
Most welcome Vinay
Simple and The Best!
Thank you so much.
Please watch the remaining video on the channel.
ua-cam.com/users/tradewithtrendvideos
Your detailed patient presentation is really commendable.. Keep up your good work 🙏🏼
Does this need to be modified at all when trading option credit spreads in the 30-45 Days to Expiration range? IOW, if I were to analyze the stock, but trade bull/bear credit spreads rather than buying and short selling the shares.
What program is using candle volume charts? I know all programs have candlesticks and "volume sticks" but the picture uses candle volume charts...as in the candlesticks thickness and length are on the chart as one chart as possible to separately below the chart. Or am I missing something? Please explain.
Sir my trading view software does not have a in built ADX indicator. How should I use one?
Very informative.. You explanation is very easy to understand. Thank you
Sir agar candle 20 EMA ko break krke upar ya niche closing de de orr other condition bhi satisfied hai to kya hame trade leni chahiye ya hum wait krenge ki candle 20 EMA ko touch kre phir uska low/high break hi then trade me enter karenge...plzzz replyyy
How can get beta on trading view .? Please help me out sir
Use this code. Make sure pine editor is blank when you post it.
study("Ami Beta")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
chg = roc(as, 1)
chgbase = roc(bs, 1)
N = input(252)
chgbasedouble = chgbase * chgbase
sumchgbasedouble = sum( chgbase, N ) * sum( chgbase, N )
beta = (N * sum( chg * chgbase , N ) - sum( chg, N ) * sum( chgbase, N ) ) / ( N * sum( chgbasedouble, N ) - sumchgbasedouble )
plot(beta)
Thanks a lot Sir ....Every Video is a goldmine of knowledge ....
Thanks so much
Excellent way of explaining with example.Pl.clear where to take an exit and can it be working short side for option.Thanks
Thanks so much kulbir singh Chugh
Swing Trades can be held for 10 - 18% Profit. You can also hold till Trend lasts. Typically this would mean till price sustains above 20 EMA.
It did not understand second part of your question. What does Short side for Option mean? Do let me know.
Hats off you sir !!!!!!! You made it easy to understand. defiantly i will practice this strategy in coming time.
Thanks so much
Whenever we talk about beta value of a particular scrip what is the period of calculation of it. Have checked the tradingview script for the same. Would like to know if the beta considered is of that specific day or else
Hi GK,
Consider it over 6 months at least. I consider it for 252 days.
Hope this helps.
@@TradeWithTrend Noted
@@TradeWithTrend can you point me to BETA stock list
If you use the OBV with 100 EMA it works perfect with the ADX. When OBV is under the 100 it is bearish and vice versa. Once that is seen you very the ADX is atleast above 25 and if the crossover hasn't happened you would wait for the crossover which is your entry into the trade
Omg yr explaination is so good and very clear. Great that i have come across you on u tube. 😀
Thank you so much 🙂
Very effective,excellent video. Thanks a lot.
Hi Ranjan Hazarika
Thanks for your comment.
Make sure you watch entire Swing Trading playlist. You will learn a lot.
ua-cam.com/play/PL9myHLrE5hrPQI6ljQCNZ0KQsnvTsgENG.html
Excellent. Very well explained
Thanks so Much mukesh kochar. Any doubt, let me know.
Good session I have. I learn something on ADX.
Thanks so much. Follow this Sequence On the Channel
Trading Mindset
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Swing Trading
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Risk Management
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Multiple Time Frame Analysis
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Stock Selection Strategies
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Intraday Concepts
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Price Action For Beginners
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VWAP Strategies
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Hi Sir
I have been looking for this set up now
Is cipla a good setup for this swing trading now.
Regards
Sapan
Does it qualify based on all parameters?
@@TradeWithTrend yes seems to qualify but it has been uptrend now since mar April..
It is currently at the resistance zone..
Adx is more than 30 now...
N it has surpassed the entry point too..
I have doubt because it has been rising also it is just crossing the resistance zone
@@TradeWithTrend and it has touched the ema line and jumped of it
What a splendid method of explaining!
Thanks so much Vimal
Hi - While trying to practice back testing this strategy, I am coming across these following hurdles, can you please clarify on this
I am basically looking to find Long Signals. I have ensured to pick a time frame (Jan 2019 - Sept 2019 for these specific examples) where the broader market is trending long, chosen sectors are trending up and the stocks too. I have picked high beta stocks with strong avg. volumes such as Bajaj Finsvr, Reliance, HPCL, DLF, L&T Fin, ICICI etc. (compromised a bit on the stringent fundamental factors though for practice purposes).
Key Observations:
1. Unable to find signals that meet the criteria of ADX 14 being at 30 while candle retracing to 20 EMA and positive DI+ above negative DI-
2. There are upside breakouts but those are not meeting the above criteria
3. In couple of cases, there are hardly 1 or 2 signals over a span of 8-9 months but even those are hitting the SL sooner
Is it common to find very few signals with this setup? Or I am doing something wrong here? Kindly clarify.. As always appreciate your help. Thanks
Everything works in cycles Jay. You need to adapt to ADX conditions in different cycles.
Not everytime ADX will be above 30. Instead it can simply be above 20 and that would qualify as well.
This is the main reason why systematic back test are of limited value.
Prefer using bar playback method where you manually analyze structures.
@@TradeWithTrend Got it. Will review. It is all turning out to be good learning.
excellent video like always...very simple strategy... very lucidly explained in depth...
Thanks a lot
Many a times i have found that we do get an entry signal but adx is below 30 and thus we end up missing a good trend. How can i deal with this situation?
You can lower ADX requirement to 20-25 in low volatility phase. Youll then be able to catch most moves.
Thank you 😁
Hi Can u pl share the script for EMA 20 for Tradeview.com? Or recommend any existing one on that site pl? Appreciate it
EMA is available by default in Trading view.
Ok, what I could see during the search was a multitude of EMA options with many variations and am not sure which is the correct one.....so have started with an option available as EMA 20/40, hope ok
Good morning brother, had a doubt in plotting market profile session chart in trading view
Under rows layout we can select number of rows(which comes as default)
Row size 24 as default
Which is preferable as another option is
Rows layout-ticks per row
Row size- n number(as per your experience).
Thanks
Hi Chunduru,
I could not find Market Profile in Trading View.
Only Volume Profile exists. Which indicator are you referring to?
@@TradeWithTrend apologize it's volume profile only.
I can't stop quoting u r so so committed brother, u r like ganguly of our times, never misses a comment of others.
I would like to know your name
I will check the settings. Can't recollect it for now. I will reply to you re this tomorrow. Hope its okay.
I just keep a very low profile on Internet. Main reason why I dont give out other details. That's all.
But one day, we all will meet for sure. Hope you understand.
@@TradeWithTrend it's absolutely fine, please share settings in leisure,
Regarding your name I just wanted to know otherwise I'll name u as DRONACHARYA, I'm your ekalavya @2017 I came accross your 9 part series on u tube that too they were 5 years old then all of a sudden nothing from u, out of bloom good flow of content started. Thanks for that. Market profile vs volume profile I hope the concept is almost same except for market profile it's order flow which is again next level.
My view given the current scenario of elections, volatility, xyz until thinks get streamlined one should stick to intraday. (Investment is something else it's stock sip)
I personally believe it u make video on volume profile charts for intra day at least 3 part series it will do a world of good for all of us.
Surely we should meet. It's a very good forum in this channel, no noise and all are good people here.
Thanks Chunduru
I'm just a common man Chunduru. Call me ST and nothing else. Dronacharya name should be reserved for a select few in the World. 🙏
Whenever I start Short term and Intraday videos, they'll be more focused towards how to not fail in it. Volume profile and Market profile are just one of the useful tools while trading intraday.
Re Elections, I feel one component should be intraday but one should be positional as well. Around elections, fantastic trading moves happen and one should capitalize on same.
Gr8 video n nice and clear process explanation. Keep posting I like ur style n technical knowledge....
Thanks so Much vaibhav pattalwar. Any doubt, let me know.
Highly appreciated the language of technically explanation.
I will try to practice sir
FROM THIS STRATEGY
1)I learnt stock selection for swing trading [Using technical indicator]
2)I learnt where to take entry into the trade [Using technical indicator]
3)I learnt where to place stop loss [Using technical indicator]
But I could not learn one important thing
1)Where to book profit and exit from trade
If you please explain where to book profit and exit from trade Based on some technical indicator or price-action,It will be helpful for us
Thanks Debashish
I Have covered exit in a separate video. Its in the Swing Trading playlist.
Have shown few ways to exit trades.
I see a lot of you-tube channels on stock analysis but I am completely mesmerized by your lucid way of explaining and presenting this advance trading strategy.Hats off to you.
Thanks Debasish for your kind words.
Excellent knowledge shared.. very detailed. Keep sharing such informative concepts and ideas
Thanks a ton
Sir, since we use a daily tf, should i wait for close of the candle above the entry candle and then make an entry or make an entry on the break of the high of the entry candle?
I have observed that certain times the candle breaks the high but closes below the entry candle and when i look for entry the next day a considerable move occurs which ruins my risk reward ratio as well as probability
Hi Donny, If you want to take extra precaution, wait for high of the candle to be crossed.
@@TradeWithTrend thank you
After you enter, entire reversal happens? If this is the case, then cut your position size by half.
@@TradeWithTrend i am backtesting this strategy and have come across this on certain occasions. Hence thought i will seek your insight. Sir you have been of great help🙏
If i want to back test this strategy , what is the percentage of wins and losses and want to back test other stratergies also , can you suggest some software please
Look into Amibroker software Pratik
its monthly chart??
can we use weekly TF for this strategy for swings??
Yes you can use Weekly Tf
Sir can u pls check kitex garments chart. Does it satisfy the condition
ADX satisfies the condition. Now you need to wait for Stock to retrace.
@@TradeWithTrend thank u sir
Thank you so much for your effort. It really improve my trading style and confidence , god bless you , more power to you sir.
You are most welcome Kishan
Sir by the time ADX is 30, 55-65% of downfall or uptrend already happens. So, I think certain modifications might me required to trace intial point of trend.
You can lower ADX value to 20-22. This will help.
@@TradeWithTrend ok sir. Tq. Your style of teaching is best.
Great video, mind blowing, Thanks a lot for your effort and time. As a beginner these type of strategies are easier to learn and practise. This will help us to withstand in market before learning the complex strategies and trading psychology.
I thanks a lot from my bottom of heart on behalf of all beginners.
Thanks so Much kkmb. Any doubt, let me know. Always here to help.
hi sir, should the trade be triggered as soon as the candle high/low touching the ema line is crossed or after the day's close above/below the marked candle's high/low ?
Wonderful, no one could explain this better than u, thank u, thanks a lot sir
I really enjoy your videos, and learn a lot from them. I have a question: How do you decide if you should use this strategy (ADX + MA) over the first strategy in the series (MA + Stochastic) or vice versa, at least when the price is trending up? Thanks for your help.
Wherefrom Can I find the RS indicator but initially tell me the free site. This seems to me to be the best way of selecting using top down approach.
//@version=4
study("Comparative Relative Strength", shorttitle="RS")
compare_ticker = input("NIFTY", type=input.symbol, title="Comparative Symbol")
base_sym = security(syminfo.tickerid, timeframe.period, close)
compare_sym = security(compare_ticker, timeframe.period, close)
rs = base_sym/compare_sym
plot(rs, title="RS", color=color.yellow, linewidth=1)
What I have learnt is ....Patience is the Key😁
Thanks so much Rizwan khan
At 29 minutes, video is not complete. Watch it till the end. You will learn more 🙏
I ll definitely do that exercise on 5 year data ...Thank You🙂
Most welcome Rizwan. Practice makes a man perfect.
Thnx lot for a wonderful presentation
Thanks so much. Follow this Sequence On the Channel
Trading Mindset
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Swing Trading
ua-cam.com/video/9dbnXEEHgsc/v-deo.html
Risk Management
ua-cam.com/play/PL9myHLrE5hrOgq9VGFwAFKm58-fuD4Kbo.html
Multiple Time Frame Analysis
ua-cam.com/play/PL9myHLrE5hrN0RdqN5yQOamz9aeirGMbp.html
Stock Selection Strategies
ua-cam.com/play/PL9myHLrE5hrNrrUSnLLk7o9rrPqfoMCFW.html
Intraday Concepts
ua-cam.com/play/PL9myHLrE5hrOT8O9g-f8kb575b-KTsq0B.html
Price Action At VWAP
ua-cam.com/play/PL9myHLrE5hrOLP6NoA2z_0X-Z7pHIvR-J.html
Price Action For Beginners
ua-cam.com/play/PL9myHLrE5hrP0FNJ6xzfjSb0M1H10dpdY.html
VWAP Strategies
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Sir can I use Chartlink with below instruction
Stocks above 20/44 EMA
Adx above 30
Daily chart
Stock Midcap and large cap
Check for retracement on 20EMA and post green candle enter
Can I apply this or should I add any other indicators?
Unable to find code for high beta stock can you help with it sir!
Hi sumit tanwar
Use this code.
study("Ami Beta")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
chg = roc(as, 1)
chgbase = roc(bs, 1)
N = input(252)
chgbasedouble = chgbase * chgbase
sumchgbasedouble = sum( chgbase, N ) * sum( chgbase, N )
beta = (N * sum( chg * chgbase , N ) - sum( chg, N ) * sum( chgbase, N ) ) / ( N * sum( chgbasedouble, N ) - sumchgbasedouble )
plot(beta)
TradeWithTrend still cant find them at tradingview.com as no option is their to use this code ,would appreciate if i get that link
In Trading View, when you open a full featured chart, there is a "Pine editor" tab at the bottom of your chart screen.
Open that and paste this code. And then, apply it on the chart.
You should then see Beta Indicator plotted.
@@TradeWithTrend thanks
Most welcome
@Trade With Trend - Raunak A Hello Raunak, I am a new member from USA, can i use the Beta code for US stock market like changing "NIFTY" to SPY? Thank you for taking your time to explain very detail.
Yes of course you can do the sam.
Thank you very much
U r very gud in teaching ...keep it up....gud effort.....god bless u