- Take out 4 hour time frame charts,
- Identify trend in 4 hour time frame using either price action – (HH HL & LL LH, VPL, VPH, MPH, MPL ) or simply with Super trend (8,2 or 10,3 settings) or PSAR or EMA's (50/200 EMA ) etc etc..
- After identifying trend, look for confirmation from momentum , using ADX or CCI etc etc
- If you get stocks that meets both criteria, then try those stocks for intraday..
- For doing it in intraday , follow same steps in 1 hours and 15 min charts… 1 hour chart for signal confirmation and 15 min chart trade entry….
This way , you are going to trade in same direction of 4H, 1H and 15 Min..
All Credits to: Marimuthu
