What is Renko Charts & how to Minimize Whipsaw with it?

First, let us quote an excerpt from the book Sentiment Indicators by Abe Cofnas. Renko charts are a tool that represents price movements by using bricks. Renko is the Japanese word for brick. If a price moves higher by a certain amount, a new brick is added. We can select the color; it is usually … Continue reading “What is Renko Charts & how to Minimize Whipsaw with it?”

How To Start Automated Trading In Zerodha Pi?

Few clients ask me how to start automated trading in Zerodha Pi platform. For them, I have prepared this post where you can get an in-depth idea of how you can start auto trading or Algo trading in the Zerodha Pi platform. Before trading in the Pi platform you must know how to download, install … Continue reading “How To Start Automated Trading In Zerodha Pi?”

Fibonacci Meaning and Usage of Fibonacci in Trading

In this post, I will discuss the Fibonacci meaning and also the proper usage of Fibonacci in trading with retracement techniques. I will also see how to use it for market reversal. Using these we can beforehand calculate potential market reversal points and most of the times they are deadly accurate. Fibonacci Meaning Fibonacci Series, … Continue reading “Fibonacci Meaning and Usage of Fibonacci in Trading”

How to Use Zerodha Pi Scanner Code for Intraday Alert?

Zerodha provides a trading software named Zerodha Pi to the clients who wish to trade through it. Though Zerodha has other web trading platform Kite, Pi is preferred by many because of the unique advantages which are inbuilt into the software. The most attractive feature Pi comes with is the scanner. The scanner runs on simple programming code popularly known … Continue reading “How to Use Zerodha Pi Scanner Code for Intraday Alert?”

How to Find Super Trending Stocks With Our Zoom Scan?

I thought to rewrite and republish this old post of mine originally written on 30th May 2014. So, you want to Scan only trending stocks for day trading? Yes, you have come to the right place. The revolutionary Trend Blaster Zoom Scan is now open for all the members. Invented by the StockManiacs group, the … Continue reading “How to Find Super Trending Stocks With Our Zoom Scan?”

Generate Nifty Options Trading Strategies In A Minute

Nifty options trading strategies imply the simultaneous buying and selling of multiple Nifty options contracts. For example, suppose a trader thinks that Nifty’s price is going to increase over the next month. So, a simple and easiest way to profit from this movement while limiting the risk is to buy a Nifty Index call option. … Continue reading “Generate Nifty Options Trading Strategies In A Minute”

Metastock 16 Review, Metastock Software Download Link

Metastock (MS) is one of the most powerful and demanding trading software, introduced by Steve Achelis in the year 1982. For over 30 years it is rated as no. one market analysis tool. The design is specially made for intraday traders to get live market data and comes with the most reliable trading solution. Customization … Continue reading “Metastock 16 Review, Metastock Software Download Link”

How to Read Market Profile Charts in AmiBroker?

Market Profile Chart Trading is quite different from classical technical indicators. It was developed by a trader at CBOT (Chicago Board of Trade), J. Peter Steidlmayer. It was first introduced to the public in the year 1985. Though it was introduced decades ago, traders find it difficult to understand even until now. Today’s article will cover the … Continue reading “How to Read Market Profile Charts in AmiBroker?”

Open High Low Same Trading Strategy For NSE / BSE

This post was written by me in 2017 and I have added a few extra points in it and thought to republish it for my readers. The open high low same strategy is quite popular among Indian stock traders. In fact, I am watching this strategy for 9-10 years now and this is really easy … Continue reading “Open High Low Same Trading Strategy For NSE / BSE”