Prasadam,
Will please help me in SMA regard,
1. While day-trading what setting for SMA I should use to confirm a hourly trend chnage?
2. In EOD charts what SMA setting gives best confirmation of a trend change?
3.While day trading stocks which setting is good for stochastic?
4. I have very much convinced about BB bottom piercing pattern for day trading ... So what other things you recommend for trend change confirmation and also tell me time period?
My entry will be bottom pierce of BB (1min) -- two bars and exit would be 0.25% or based on time or trend strength ... which tool is best for giving me trend strength BB or stoch or ADX or what else?
In all I want a day trading system for stocks with minimum entry points and 0.25% min profit ... unsure @ Risk ...
So can you / will you please help me in this regard?