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How to setup indicator

 

How to Use the Buy Signal:
1. First Buy Signal:
o Always buy the stock when the first buy signal appears after the sell signal.

2. Second Buy Signal:
. Check the percentage difference between the first and second buy signals.
. If the second buy signal shows a difference of more than 5% from the first, buy you can go ahead for the 2nd buy; otherwise, ignore the second signal.

3. Multiple Buy Signals:
o Stick to the first buy signal and draw a trend line.
o If the second, third, or additional buy signals appear, only buy if there is a 5% or more drop from the first buy.
o Do not buy during an uptrend; only buy if the stock is in a downtrend and the 5% difference rule applies.

Example:
. If you buy Stock X at the first buy signal and the second buy signal appears with a 2% drop, do not buy.
. If Stock X shows a second buy signal after a 5% drop, it’s a good opportunity to add more to your position.
Uptrend Example:
. If Stock X is up after the first buy and you get another buy signal, do not buy. Only buy when the stock is in a downtrend and meets the 5% rule.

How to Use the Sell Signal:
1. First Sell Signal:
. When the first sell signal appears, sell all your stock or a portion based on your preference. Personally, I recommend selling all to keep cash available for future buy signals.

2. Multiple Sell Signals:
. If you sell only a portion of your stock at the first sell signal, subsequent sell signals can guide you on when to sell more. However, I recommend selling everything at the first signal.

Test Result –
As per trading View the stocks given 100% profitable Trades Please refer the screen shots

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