Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
There is one point I forgot to update in the "Readme" sheet regarding the "FLAT" signal after opening the positions
The scenario is as follows. For example let us say we have taken a LONG Position. And after taking the LONG position, "FLOW Signal" indicates a "FLAT" signal and so the Stock recommendation becomes void. What should be done?
Check the RENKO/FLOW chart for the Higher timeframe. If the trend is in line with the LONG position, then HOLD the position. If the Higher Time frame indicates a SHORT trend, then better to close the position and wait for the next BUY/SELL signal... So for Opening and closing the position always use the Higher timeframe. The Faster/lower timeframe is used only to Buy Additional positions or to book partial profits...
Safe traders and who are fans of FLOW can always take positions at the "ADD MORE @" prices...