Green Line IS 200 WMA of Closing Price
Blue Line IS 200 WMA OF Low, Multiplied By 0.90
Red Line IS 100 WMA of Closing Price
Condition to buy : Green line should be above red line and closing price should be above green line
BUY only when the above condition is fulfilled.
Target For Time Frame of 1 Year = 2 X Price at buy trigger
Target For Time Frame of 3 Year = 3 X Price at buy trigger
Target For Time Frame of 5 Year = 5 X Price at buy trigger
Target For Time Frame of 10 Year = 10 X Price at buy trigger
However, Targets for 5 & 10 years can also depend on other factors.
Stop Loss Is Trailing To Blue Line
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.