Scribd
Upload
290 views14 pages

Afl Requirement For Demand and Supply Zone

Uploaded by

Sudhanshu Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
290 views14 pages

Afl Requirement For Demand and Supply Zone

Uploaded by

Sudhanshu Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 14

EXCITING CANDLE---------CANDLE BODY SHOULD BE MINIMUM 80% OF THE ENTIRE RANGE OF THE

CANDLE

BODY OF BORING CANDLE SHOULD BE BETWEEN 40% AND 50%-------- BASE CANDLE COLOR- BLUE
ONLY STRONG GREEN EXCITING CANDLE AND STRONG RED EXCITING CANDLE SHOULD BE
CONSIDERED.

WE WILL ONLY CONSIDER VERY STRONG BUYING DEMAND AND VERY STRONG SUPPLY ZONE

PLEASE NOTE IN CASE OF STRONG BUYING DEMAND OR SUPPLY ZONE THERE MUST BE A FOLLOW
THROUGH CANDLE[ SHOULD ALSO BE EXCITING CANDLE]
WE WILL ONLY CONSIDER VERY STRONG SELLING ZONE FOR MARKING SUPPLY ZONE. NOTE VERY
STRONG SELLING ZONE HAS A FOLLOW THROUGH CANDLE WHICH EXCITING CANDLE.

AFL CODE SHOULD MARK BOTH DROP BASE RALLY AND RALLY BASE RALLY DEMAND ZONE ON THE
CHART.
AFL CODE SHOULD MARK RALLY BASE DROP AND DROP BASE DROP SUPPLY ZONE ON CHART.

GUIDE LINES FOR MARKING DEMAN ZONE AS SHOWN ABOVE.


GUIDE LINES FOR MARKING SUPPLY ZONE AS SHOWN ABOVE.

OUR AFL CODE SHOULD ALLOW USER TO DECIDE WETHER TO MARK ZONE BASE ON BODY TO WICK
OR WICK TO WICK.

OUR FOCUS FOR NOW WILL BE ON BODY TO WICK.


OUR AFL CODE SHOULD ALLOW USER TO DECIDE WETHER TO MARK ZONE BASE ON BODY TO WICK
OR WICK TO WICK.

OUR FOCUS FOR NOW WILL BE ON BODY TO WICK.


NOTE TARGET SHOULD BE NEXT SUPPLY ZONE OR IF THERE IS NO SUPPLY ZONE THEN TARGET
SHOULD BE 1:10
WE WILL CONSIDER MAXIMUM UPTO 4 BASE CANDLE.

NOTE ENTRY IS AT 0.5% ABOVE THE HIGHEST BODY OF ALL THE BASE CANDLE OR THE HIGHEST
WICK OF ALL THE BASE CANDLE[HIGHEST OF THE TWO SHOULD BE CONSIDERED FOR ENTRY]

NOTE STOP LOSS IS 0.5% BELOW THE ORIGIN OF THE DEMAND OR MATHEMATICALLY ----------0.5%
BELOW THE LOWEST WICK OF ALL THE BASE CANDLE.
AFL CODE SHOULD BE ABLE TO PLOT 20 EMA,50 EMA , GOLDEN COROSS OVER,DEATH CROSS
OVER, RSI,VOLUME BAR WITH 50 DAY SMA APPLIED ON VOLUME BAR AND SHOULD ALSO SHOW
TREND
SAMPLE FINAL RESULT.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy