Magic Band MA20 High Low

Nifty Bank IndexNSE

Description

⋅ May 17, 2021 11:23 AM

MA 20 period Magic Band - based on Highs and Lows (as opposed to Close), can be used on any time frame for a better grip on price action.

Comments

pranitp29843

⋅ May 17, 2021 1:35 PM

seems interesting.. a new way to look at 20MA boundaries!

phd16ashokp

⋅ May 17, 2021 12:27 PM

Provides for a cushion around your 20MA based entry exits and opportunities to locate and ride the trend better. SLs can be placed on other sides of the band/ with reference candle prior to entry.