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Hi Senthilkumar, You Can view RS (Relative Strength) on Trading View Dot Com You can use the code below. study("Comparative Relative Strength", shorttitle="RS") a = tickerid b = input("NIFTY", type=symbol) as = security(a, period, close) bs = security(b, period, close) plot(as/bs, title="RS", color=gray) len = input(10) plot(sma(as/bs, len), color=navy)
Hi didn't given RS link of trading view and please make a video on trading view what r the technical names u r using with values as per the time frames please
Thanks for recommending this book. Stan Weinstein's method in a nutshell: 1. Broader market positive. 2. Sector positive. 3. Individual stock giving breakout. (going from stage 1 to stage 2) 4. stock is free from overhead resistances( can be ignored if old) 5. High volume at breakout. 6. Good RS at breakout. Must read the book.
Sir , as I am reading Stan Weinstein book but you explained too simple . You are fabulous . God bless you . Same Relative strength webinar , people are selling for 1000 bucks and you are giving it free ... God bless you
Wow this video was made a Year ago and still people have not watched it... This is where people loose their track and run for fancy tag line... I share videos of this channel on my twitter when ever I see any.. This is also one of legend traders I k ow but people don't follow him... I don't know why🙏Thank you so much sir for your efforts 💐🙏
@@TradeWithTrend completed STAN WIENSTEIN book ST.it gives shape to my painting.From intraday(VWAP) to positional trade,now i have a clear view on what i have to look to the market.We always look for breakouts,this what the core idea. 1. ADVANCE DECLINE LINE,MOMENTUM INDEX,HIGH LOW DIFFERENTIAL & PRICE DIVIDEND RATIO. all the topics all well explained,could you please send me the code for this for TRADING VIEW. My heart full Thanks ST
Thanks for this video. This is very helpful. 1. I should exit my investments when the stock is in stage 3 and about to enter stage 4. Is my understanding right? 2. I also notice in some stocks both the price and the the RS line is trending upwards but the moving average plotted on RS is not sloping upwards. It is kind of flat. While the MA on price chart is sloping upwards. What is the conclusion in such a situation?
Hi Rashee, 1) Yes your understanding is correct. Once stock breaks down from Stage 3, you should exit. 2) This usually happens when Trend has just started turning up. Else in most cases, all three move together.
First of all thank you for doing this wonderful work which helps new learners and retail investor in stock market, my question is what number of relative strength Stan Weinstein used on weekly time frame.
Hi Raunak I have read Secrets for profiting in bull and bear markets by Stan Weinstein as recommended by you ....he has used 30 period moving average on weekly timeframe.... can I use the same 30 period moving average on daily timeframe for swing trading ???
Beautiful!!! I like to make a playlist of videos which I like to buy again. And I realize, all your videos end up there. I should better stop doing that for your videos :P
thanks for the nice video! in his book he has mentioned using 30 (or 10 for the short term) week weighted moving average. WMA is more sensitive as compared to EMA/SMA is it a good idea to use it instead of SMA/EMA? kindly share your inputs. thanks!
Thanks a lot for the video sir. I have a doubt, while explaining you mentioned that you use 50 period ma on RS line, where as in your trading view code, you have coded it to be 10 period. Which one should I go ahead with?
Great concept and explanation sir, If I am correct this concept would work well in long term trade, looking at weekly time frame ? Also do wee need to consider the volume as well, while looking at candle sticks pattern on weekly time frame ?
Thanks Raunak g for great video. What i have perceived is we have to use RS period (200) in daily TF and RS (50) in weekly TF. Is my understanding correct please confirm.
Hi Sir. I am following you teaching. I am little confused where should I Use 50 DMA on Daily or 60 minutes is Simple moving average or Exponential moving average which is give us bettor stop-loss.Humble waiting for your guidance sir
Thank you very much for the video! but I'd like to ask you a doubt. I'd like to know the period of the MA you use in the RS, is it also MA50? or WMA50?
Great Video on Weinstein's Method! Very well presented and easy to follow, and I like the way you revisit important points. Please keep up the great work.
Not yet, but I will. If the First part is anything to go by, then I'm sure the second part is great as well.God Bless and take care during these challenging times.
Stan uses RS indicator which is moving about the zero line. The rise above zero is the right time for long and the dip below zero is the right time for short. But the calculation that is followed to arrive at zero as a baseline is not available. The charting sites I have, including Trading View, do not have the pattern of zero center-line. Would you please comment?!
Hi sir... the code which you have given below ,has 10 days length for relative strength .. but in video you have used 50 days length for relative strength ... may i know the reason why??? please correct me ,if m wrong .. thank you!! also m half way mark, reading this book... thankss alott for suggesting this books... it gives a great insight!! THANKYOU AGAIN!!
Excellent Book, as is everything that I have ever seen presented or recommended on this site. I have the book from years ago, and am rereading it from page one with new eyes. In my opinion, if you believe, as I do, that you have been given a gift to have this site and to have found this site, buy this book, don't just find somewhere to get a free pdf, and buy it through this site. If we don't do as much as we can for these people here, these people that provide this information for us, how can we expect them in good conscious, to do all they do for us? Will they continue to? Yes, I am sure they will. But can we support them in the same way they support us, by doing the best for them that we can, yes, we also can do that. And in my opinion, they deserve nothing less. Just with what is happening in the market today as compared to the fall of 2018, back then, I was a bit stressed. This time, regardless of the profiting, I am seeing it and enjoying it as a wonderful experience and a wonderful learning experience..... Thank you all for doing what you do, again, and as always.....
Dear TradeWithTrend, kindly provide some AFL codes for Amibroker. 1. Relative Strength 2. COI (Cumulative Open Interest) 3. Weekly Ranges 4. Daily Ranges (Prior Day's OHLC) 5. Some of other indicator which are very useful & effective. I'll push a mail regarding this. Kindly provide these tools & help me.
You Can view RS (Relative Strength) on Trading View Dot Com You can use the code below. study("Comparative Relative Strength", shorttitle="RS") a = tickerid b = input("NIFTY", type=symbol) as = security(a, period, close) bs = security(b, period, close) plot(as/bs, title="RS", color=gray) len = input(10) plot(sma(as/bs, len), color=navy)
hi, i mainly trade with hammer candlesticks due to low risk & good R2R ratio. i use scanner to find hammer candlesticks on various time frame like 5M /15M /1H etc. Pls. create one video on same subject highlighting: how to find best stocks for intra day trading in which hammer is formed at any time frame? Best Timeframe on which hammer should be considered for trading? how to identify whether formed hammer is powerful or not? Strategies for intra day trading using hammer candlesticks. Thanks in advance...!!!!!
Thanks Rajeev for your suggestion. Can't make a dedicated video on this. But I will try and include this in a Candlestick series that will be starting soon.
Thank you Sir for the good information.It will really help. Can you please suggest how to screen the stocks fullfilling the entry criteria for long and short. What should be the approach ...
Hi... It's a pleasure listening to you...read the book on your recommendation then watched your video...broad points captured n summarized ... Have a few doubts a. Why have you opted for weekly time frame for long and daily for short term? The MA period is also longer in shorting? b. In his book, SW has recommended weighted average but you have used SMA , why? c. SW had recommended to focus on volume for long trades at breakout, you have asked us to focus on volume while shorting, is there any disconnect? Thanks, Ayan
You Can view RS (Relative Strength) on Trading View Dot Com You can use the code below. study("Comparative Relative Strength", shorttitle="RS") a = tickerid b = input("NIFTY", type=symbol) as = security(a, period, close) bs = security(b, period, close) plot(as/bs, title="RS", color=gray) len = input(10) plot(sma(as/bs, len), color=navy)
Very nice video, please advise which relative strength indicator should i choose on tradingview since there are many relative strength indicator by many authors, please advise which author's relative strength indicator should i select.
Dear ST, I have found some people's discuss about delivery volume % in social media,then I start explore little bit about delivery volume,I feel some logic behind it,As a PRICE VOLUME Analysist,Really we have to consider this in our trading?
@@TradeWithTrend As ,we always look for wide range candles with high volume for breakouts,in such case parallely look for open interest,shall I add this delivery volume for additional conformation.
@@TradeWithTrend As a price action volume trader,Volume should validate the price movement,like wise is it necessary to look delivery volume of the traded volume.if yes ,then please guide me how to intrupt on delivery volume. Thank you ST
Great concept and well explained, If I am correct this concept would work well all types of time frame? Also what chart reading application do you recommend to filter the stocks based on these concepts ?
Sir thanks for the wonderful video! 30 wma how many days we can set in MA section and regarding the RS i understood the concept by seeing the below comments..
Hi, In wipro example did you said we need to mark resistance level in RS as well. Please confirm. And also may I know the indicator you have used in RS and breakout of those indicator is also needed. Thanks in advance as usual its another good video.
You Can view RS (Relative Strength) on Trading View Dot Com You can use the code below. study("Comparative Relative Strength", shorttitle="RS") a = tickerid b = input("NIFTY", type=symbol) as = security(a, period, close) bs = security(b, period, close) plot(as/bs, title="RS", color=gray) len = input(10) plot(sma(as/bs, len), color=navy)
Thank you very much sir for spending time to upload good videos. Request from my end is... Please show us how to setup the graphs presented in the videos also
Thank you for this amazing recommendation Raunak, couple of questions from my end. 1. Any Specific reason for considering weekly 50 SMA and not 30 SMA as recommended by Stan in his book ? Should we always consider 50 SMA in the Indian stock market context ?
As usual wonderfull work master. In his book Stan Weinstein also suggest to check the over all market condition before buying a stock. In the current state of market what should be the strategy.
@@TradeWithTrend ok master. Then the next positions should be added when these parameters are fulfilled next time .isn't it..?ie if u are a long time investor.
Hi Trading Range, You Can view RS (Relative Strength) on Trading View Dot Com You can use the code below. study("Comparative Relative Strength", shorttitle="RS") a = tickerid b = input("NIFTY", type=symbol) as = security(a, period, close) bs = security(b, period, close) plot(as/bs, title="RS", color=gray) len = input(10) plot(sma(as/bs, len), color=navy)
Dr. Agrawal, you can prefer Heiken Ashi over Candlesticks. I have included Candlesticks here as it is more widely followed. Do check out yesterday's video as well on Intraday Trading ruclips.net/video/og48AmZD9IY/видео.html&lc=UgzHQW-yhyRVtyF98Dh4AaABAg
Your videos are very knowledgeable, but every time you come up with new strategy. So it's becomes deficul which one should use and which should avoid in a particular stock. My humble request is to make a video in which you can use 3-5 way to analyse a stock to confirm for treading. Gives us way so that we can practice on 3-5 combination for confirmation of trade
I give options to choose from Sanjay. There are millions of traders out there. Unless I can show what all is out there, how will they choose? Watch my videos and then select which one suites you best. Try and then master that.
Wonderful video sir. Thanks for sharing the details on Great visionary Stan Weinstein. I am fortunate to download his book. Sir 50 WMA means , 250 DMA ? Sir , RS Input length is given as 10 , does it means last 10 trading days?
Hello Sir Very Good Morning, Beautiful Video. My question is what will be the Average period and Average(RS INDICATOR) period for Daily time frame? Is it same or different? BEST MENTOR BEST INFORMATION Thank You KEEP POSTING Good Day.............
Sir at 7.30 you said price and relative strength should be above near by resistance, so you mean we have to check resistance levels in relative strength indicator as well as we check in price chart ?
Hello sir.. Fantastic video once again... I searched for the stocks as you said and accidentally I came to see Tata Motors Ltd. Its exactly in stage four accumulation as of Stan Weinstein's teachings. Also recent weeks has shown a tremendous volume spike. If you have time can you let me know whether my analysis is correct?
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Sir, Thank you for the video! It's so informative, Please let me know where to find relative strength indicator in trading view, I could not find it!
Hi Senthilkumar,
You Can view RS (Relative Strength) on Trading View Dot Com
You can use the code below.
study("Comparative Relative Strength", shorttitle="RS")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
plot(as/bs, title="RS", color=gray)
len = input(10)
plot(sma(as/bs, len), color=navy)
@@TradeWithTrend Thanks a Billion sir! I appreciate your willingness and gesture to help novice traders like me!
Hi didn't given RS link of trading view and please make a video on trading view what r the technical names u r using with values as per the time frames please
Unable to find Relative Strength Indicator link as you spoke in the video.. please kindly share
Thanks for recommending this book.
Stan Weinstein's method in a nutshell:
1. Broader market positive.
2. Sector positive.
3. Individual stock giving breakout. (going from stage 1 to stage 2)
4. stock is free from overhead resistances( can be ignored if old)
5. High volume at breakout.
6. Good RS at breakout.
Must read the book.
Sir , as I am reading Stan Weinstein book but you explained too simple . You are fabulous . God bless you . Same Relative strength webinar , people are selling for 1000 bucks and you are giving it free ... God bless you
YOU HAVE TAKEN THE NECTER FROM THE BOOK AND PRESENTED TO US, LEARNERS, SO WELL THAT NO WORDS CAN EXPRESS OUR GRATITUDE. THANK YOU, GOD BLESS.
You are so welcome
You forget to mention one of the most importent indicator in this metod. Volume, "never trust a breakout without big volume"
Thanks for your comment. Watch second part of this. Have covered it over there.
I can't thank you enough for recommending this book. I finished it last week and it was everything you said it would be. Amazing!
You're so welcome!
Bhai ji kya aap muje bhi ye book provide karwa sakte hai
Wow this video was made a Year ago and still people have not watched it... This is where people loose their track and run for fancy tag line... I share videos of this channel on my twitter when ever I see any.. This is also one of legend traders I k ow but people don't follow him... I don't know why🙏Thank you so much sir for your efforts 💐🙏
Most welcome Govinda
Thanks
Sir, RS indicator as promised in the video, is not available in the description. Kindly provide the same
I agree 100% with you sir *stan Weinstein* is really a legend and I have read his book , it is really a gem 💚 I recommend everyone to read 😃🙏❤👌🏻
Started Reading SECRETS FOR PROFITING IN BULL AND BEAR MARKET BY STAN WEINSTEIN.Am a student of YOU and MARKET.Started learning ST.
Thanks Kavin. It's an awesome book. Be a student of market, will always help in the long run.
@@TradeWithTrend completed STAN WIENSTEIN book ST.it gives shape to my painting.From intraday(VWAP) to positional trade,now i have a clear view on what i have to look to the market.We always look for breakouts,this what the core idea.
1. ADVANCE DECLINE LINE,MOMENTUM INDEX,HIGH LOW DIFFERENTIAL & PRICE DIVIDEND RATIO.
all the topics all well explained,could you please send me the code for this for TRADING VIEW.
My heart full Thanks ST
Fabulous and Amazing as always.
Crux of the book explained in 1 - 2 videos.
Lovely. Thank you so much.
Glad it was helpful!
Today I saw your video about relative strength of price ,you r giving enough insight through your teaching thank u sir
I am a trend trader and momentum investor .. A huge fan of Stan Weinstein and Mark Minervini and I love and admire u the most in India ranuak !!
Thanks Jay 🙏
Thanks for this video. This is very helpful.
1. I should exit my investments when the stock is in stage 3 and about to enter stage 4. Is my understanding right?
2. I also notice in some stocks both the price and the the RS line is trending upwards but the moving average plotted on RS is not sloping upwards. It is kind of flat. While the MA on price chart is sloping upwards. What is the conclusion in such a situation?
Hi Rashee,
1) Yes your understanding is correct. Once stock breaks down from Stage 3, you should exit.
2) This usually happens when Trend has just started turning up. Else in most cases, all three move together.
Trade With Trend thank you so much. Your guidance is so helpful for people trying to learn and become independent in managing their investments.
He is good and much different from other youtubers wrt to knowledge
Thanks so much
🙏🙏🙏 don't know how to thank you.finishing all your free videos and then will move on to join the community 🙏
Thanks so much
First of all thank you for doing this wonderful work which helps new learners and retail investor in stock market, my question is what number of relative strength Stan Weinstein used on weekly time frame.
Hi Raunak
I have read Secrets for profiting in bull and bear markets by Stan Weinstein as recommended by you ....he has used 30 period moving average on weekly timeframe.... can I use the same 30 period moving average on daily timeframe for swing trading ???
Good one ron. Since current market condition is bearish. I guess it will help us to pick diamonds from market.. Thank you.
Most certainly it will Barda. Will narrow down 3000 stocks to about 20.
I can proudly say because you rauank sir I'm really improving a lot in my trading career 😃🙏❤👌🏻 All credits goes to you and stan Weinstein
Beautiful!!! I like to make a playlist of videos which I like to buy again. And I realize, all your videos end up there. I should better stop doing that for your videos :P
Thank you for explaining this concept so well and for sharing the indicator. looking forward to your other videos
Glad you liked it!
Thank you sir for sharing your experience with us. 👍
Very well explained , you are one i am impressed on the first video , will watch all previous videos 👍
Thanks So Much Yogesh.
You can check out all videos at ruclips.net/user/tradewithtrendvideos
Good video, please mention which all trading apps are available for technical charts for monitoring the stocks as per this method
thanks for the nice video! in his book he has mentioned using 30 (or 10 for the short term) week weighted moving average. WMA is more sensitive as compared to EMA/SMA is it a good idea to use it instead of SMA/EMA? kindly share your inputs. thanks!
Very nice looking forward to more videos from you
Thanks a lot for the video sir. I have a doubt, while explaining you mentioned that you use 50 period ma on RS line, where as in your trading view code, you have coded it to be 10 period. Which one should I go ahead with?
Such a well researched video explained in a beautiful manner
Thanks so much Siddharth
One more query..
If stock is from mid-small cap then also we need to put RS nifty ? Or Nifty small/mid cap ?
Great concept and explanation sir, If I am correct this concept would work well in long term trade, looking at weekly time frame ?
Also do wee need to consider the volume as well, while looking at candle sticks pattern on weekly time frame ?
Most welcome Ravi. Yes your understanding is correct. You can refer to volumes as well.
Thanks Raunak g for great video. What i have perceived is we have to use RS period (200) in daily TF and RS (50) in weekly TF. Is my understanding correct please confirm.
Hi Sir. I am following you teaching. I am little confused where should I Use
50 DMA on Daily or 60 minutes is Simple moving average or Exponential moving average which is give us bettor stop-loss.Humble waiting for your guidance sir
thanks a lot sir.i am addicted to watching ur video .vry intersting concept in simple way.👏👏
Thanks so much Surender
Thank you very much for the video! but I'd like to ask you a doubt. I'd like to know the period of the MA you use in the RS, is it also MA50? or WMA50?
Thanks so much. Its SMA (Simple moving average).
Do watch the second part as well.
Brother can You Please share the charting platform which provides RS indicator.......I can't find it in trading view
Great Video on Weinstein's Method! Very well presented and easy to follow, and I like the way you revisit important points. Please keep up the great work.
Thanks, will do!
Hope you have seen the second part as well.
Not yet, but I will. If the First part is anything to go by, then I'm sure the second part is great as well.God Bless and take care during these challenging times.
Thanks , this is very good strategy for positional trading. Just wanted to know if you have any plan on Rollover video.
Thanks so much Sanat. It's good for positional trading and investing. Rollover video not yet planned.
Short video, but full with knowledge, thanks for sharing sir ji
Thanks Yaseen. Longer one will come out tomorrow 😊
Stan uses RS indicator which is moving about the zero line. The rise above zero is the right time for long and the dip below zero is the right time for short. But the calculation that is followed to arrive at zero as a baseline is not available. The charting sites I have, including Trading View, do not have the pattern of zero center-line. Would you please comment?!
It does not matter.
Stan used Mansfield RS Indicator.
If you want to use this, then just search for it on Trading view Indicators section.
Sir very nice vedio..but sir one confusion how to spot in which phase we are and when phase will end how to analyse all this.
loved this and other videos here, huge respect for content that is available to us, salute from Nepal
Thanks a ton
Hi sir... the code which you have given below ,has 10 days length for relative strength .. but in video you have used 50 days length for relative strength ... may i know the reason why??? please correct me ,if m wrong .. thank you!! also m half way mark, reading this book... thankss alott for suggesting this books... it gives a great insight!! THANKYOU AGAIN!!
Hi Roshan
Please change the parameters to 50.
Hope this helps.
@@TradeWithTrend thank you
Excellent Book, as is everything that I have ever seen presented or recommended on this site. I have the book from years ago, and am rereading it from page one with new eyes. In my opinion, if you believe, as I do, that you have been given a gift to have this site and to have found this site, buy this book, don't just find somewhere to get a free pdf, and buy it through this site. If we don't do as much as we can for these people here, these people that provide this information for us, how can we expect them in good conscious, to do all they do for us? Will they continue to? Yes, I am sure they will. But can we support them in the same way they support us, by doing the best for them that we can, yes, we also can do that. And in my opinion, they deserve nothing less. Just with what is happening in the market today as compared to the fall of 2018, back then, I was a bit stressed. This time, regardless of the profiting, I am seeing it and enjoying it as a wonderful experience and a wonderful learning experience..... Thank you all for doing what you do, again, and as always.....
Thanks for supporting Trade With Trend Rich.
Hi are you using Relative Strength Indicator base don the above codes. If so can you please help me to run that ...
Yes, Paints are doing well along with Insurance.
Thanks Samuel
Dear TradeWithTrend, kindly provide some AFL codes for Amibroker.
1. Relative Strength
2. COI (Cumulative Open Interest)
3. Weekly Ranges
4. Daily Ranges (Prior Day's OHLC)
5. Some of other indicator which are very useful & effective.
I'll push a mail regarding this. Kindly provide these tools & help me.
Hi Rajesh,
Please send in email at poweryourstocks@gmail
In Subject, please write "Fwd To Anil"
Link to today's video
ruclips.net/video/og48AmZD9IY/видео.html&lc=UgyFr4TER0xcBbqAy7d4AaABAg
I think appies only only for long term investment right? Or we talking about day trade too?
Excellent content sir!
Can you please provide a link for the RS indicator on trading view. Sorry but i couldn't find it.
You Can view RS (Relative Strength) on Trading View Dot Com
You can use the code below.
study("Comparative Relative Strength", shorttitle="RS")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
plot(as/bs, title="RS", color=gray)
len = input(10)
plot(sma(as/bs, len), color=navy)
hi,
i mainly trade with hammer candlesticks due to low risk & good R2R ratio.
i use scanner to find hammer candlesticks on various time frame like 5M /15M /1H etc.
Pls. create one video on same subject highlighting:
how to find best stocks for intra day trading in which hammer is formed at any time frame?
Best Timeframe on which hammer should be considered for trading?
how to identify whether formed hammer is powerful or not?
Strategies for intra day trading using hammer candlesticks.
Thanks in advance...!!!!!
Thanks Rajeev for your suggestion.
Can't make a dedicated video on this. But I will try and include this in a Candlestick series that will be starting soon.
Excellent video!
You make easy to understand videos and going straight to the point. Please can you recommend some of your video for Forex trading. Thank
Thank you Tony. I'll compile a list for you and will post it.
Thanks alot sir. Still wonder how you have time to reply almost all comments. Can't thank you enough
Most welcome Tony
I can't find your RS indicator you were saying on the video
Million Million thanks to you .... Great work ...God Bless !!
Thanks Gaurav. Hope you have watched the second part as well.
Thank you Sir for the good information.It will really help. Can you please suggest how to screen the stocks fullfilling the entry criteria for long and short. What should be the approach ...
Thanks George. Please watch the second part. Have covered this.
Hi...
It's a pleasure listening to you...read the book on your recommendation then watched your video...broad points captured n summarized ...
Have a few doubts
a. Why have you opted for weekly time frame for long and daily for short term? The MA period is also longer in shorting?
b. In his book, SW has recommended weighted average but you have used SMA , why?
c. SW had recommended to focus on volume for long trades at breakout, you have asked us to focus on volume while shorting, is there any disconnect?
Thanks,
Ayan
How about the volume? Do we need to check it too?
Thanks for your comment.
Volume conditions I Have explained in this video
ruclips.net/video/G2gjQUJRfJM/видео.html&lc=UgyjJ2hkYLDZN654Eih4AaABAg
Hello Sir,
Very educational video.
Which RS Indicator are you using? And what is the time period, if any?
You Can view RS (Relative Strength) on Trading View Dot Com
You can use the code below.
study("Comparative Relative Strength", shorttitle="RS")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
plot(as/bs, title="RS", color=gray)
len = input(10)
plot(sma(as/bs, len), color=navy)
@@TradeWithTrend Thank you.
Excellent video, thanks for sharing. We are missing the weekly market overview videos
Thanks Joethim
Had no option but to shift to blog based update on our markets. Taking out 3 videos per week is very difficult.
@@TradeWithTrend we totally understand all your efforts 👏
Great explanations!
Very nice video, please advise which relative strength indicator should i choose on tradingview since there are many relative strength indicator by many authors, please advise which author's relative strength indicator should i select.
For short selling video you said 150 period moving average but in this video you prefer 50 day moving avarage. Why is that difference?
sincere thanks for this video. I will be very grateful if you can tell process for stock selection for positional trading.
Great content! What period MA would you use for daily or 4 hr charts?
Use 150 MA
Even with a 4 hour chart?
nice call on Berger P ;)
Hello,
My charting platform (trading view) doesn't have RS indicator. What should I do?
Dear ST,
I have found some people's discuss about delivery volume % in social media,then I start explore little bit about delivery volume,I feel some logic behind it,As a PRICE VOLUME Analysist,Really we have to consider this in our trading?
Hi Kavin,
If used properly, then yes it is helpful. But with what I have seen, Delivery volume is not often used the right way.
@@TradeWithTrend As ,we always look for wide range candles with high volume for breakouts,in such case parallely look for open interest,shall I add this delivery volume for additional conformation.
@@TradeWithTrend As a price action volume trader,Volume should validate the price movement,like wise is it necessary to look delivery volume of the traded volume.if yes ,then please guide me how to intrupt on delivery volume. Thank you ST
When you say broader market... Are you referring to Dow Jones, NSE, BSE, NASDAQ, NYSE, SPY?
Great concept and well explained, If I am correct this concept would work well all types of time frame?
Also what chart reading application do you recommend to filter the stocks based on these concepts ?
Sir thanks for the wonderful video! 30 wma how many days we can set in MA section and regarding the RS i understood the concept by seeing the below comments..
Watch RS videos to understand this. 3 Part RS Videos I have done
Follow this Sequence On the Channel
Trading Mindset
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Swing Trading
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Risk Management
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Multiple Time Frame Analysis
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Stock Selection Strategies
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Intraday Concepts
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Price Action At VWAP
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Price Action For Beginners
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VWAP Strategies
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Sir, should I use RS for short term trades for daily(hourly) or simply following HHHL , 50dma is enuf?
Sir , IT sector in W.T.F is in resistance zone ,R.S also in resistance zone(is it correct?) .if price and R.S break out is it good to take trade ?
Sir, is it better to compare the stock with Nifty 50 or with Nifty 500?
Nifty 500 is better
@@TradeWithTrendThanks a lot for your response.
Imo ,Livermore sir , Weinstein sir and O'Neill sir are the pillars of price action trading ...
Another great concept sir and you are certainly Stan Weinstein junior 😉👌
Thank you Kiran
I'm a student of Stan :)
@@TradeWithTrend and I am student of you 🙏
Crystal clear words and explanation 👍
Sma or ema to be used?
Thanks so much. I use SMa
Good clip n thanks. Where is the RS link for Tradingview? Thks.
Thanks. Search in the comment section.
Hi,
In wipro example did you said we need to mark resistance level in RS as well. Please confirm.
And also may I know the indicator you have used in RS and breakout of those indicator is also needed.
Thanks in advance as usual its another good video.
Yes, correct. Mark out resistance in both Price & RS.
You Can view RS (Relative Strength) on Trading View Dot Com
You can use the code below.
study("Comparative Relative Strength", shorttitle="RS")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
plot(as/bs, title="RS", color=gray)
len = input(10)
plot(sma(as/bs, len), color=navy)
@@TradeWithTrend thanks Sir
Sir Are there any courses available from recognised institutions for stock market to pursue career in stock market as a professional
Hi Sumit, more than recognized institutions, look for courses that will teach you to implement things over time. Start by reading books.
Thank you very much sir for spending time to upload good videos. Request from my end is... Please show us how to setup the graphs presented in the videos also
Let me know which part you did not understand. I will then tell you how to do it.
@@TradeWithTrend now onwards please add to your coming videos sir
Thank you for this amazing recommendation Raunak, couple of questions from my end. 1. Any Specific reason for considering weekly 50 SMA and not 30 SMA as recommended by Stan in his book ? Should we always consider 50 SMA in the Indian stock market context ?
for me I used both thus if price rise above the 30,50 wma I consider a buy. If price starts cutting 30,50 wma repeatedly I'll be cautious.
Excellent piece of work!
Thanks so much Dileep
THANK YOU BRO I WILL APPLY RS TRADING VIEW WELL DONE SIR
Most welcome
Great video sir. Thank you
Most welcome 🙏
As usual wonderfull work master. In his book Stan Weinstein also suggest to check the over all market condition before buying a stock. In the current state of market what should be the strategy.
Thanks Delan. Buy, but position size should be small.
@@TradeWithTrend ok master. Then the next positions should be added when these parameters are fulfilled next time .isn't it..?ie if u are a long time investor.
Only if broader market condition improves.
Always better not to fight broader market trend.
Trade With Trend sir one more query it’s out of this context. I want to learn about options. Can u suggest a book to start from the basics
Sir , methods of Stein Weinstein and Mark Minervini are applicable in our Indian market,?
Yes, absolutely
Thank U very much sir..
Hi, I do not finf RS indicator link here. Could you pls share. Thanks.
Good morning ..thanks for adding such a valuable information ..
Thank you Sachin. Do watch today's video as well.
ruclips.net/video/og48AmZD9IY/видео.html
Hi,
Thanx for the video,which platform provides relative strength indicator with moving average
Hi Trading Range,
You Can view RS (Relative Strength) on Trading View Dot Com
You can use the code below.
study("Comparative Relative Strength", shorttitle="RS")
a = tickerid
b = input("NIFTY", type=symbol)
as = security(a, period, close)
bs = security(b, period, close)
plot(as/bs, title="RS", color=gray)
len = input(10)
plot(sma(as/bs, len), color=navy)
@@TradeWithTrend Hi,thanx for Ur effort on helping others....I tried to use the code but unable to do so...any way thanx for Ur reply
@@sarathsurya1902 Paste the code in pine editor and then apply on chart.
@@TradeWithTrend unable to see relative strength indicator on charts in Trading view .com.How to add indicator on chart?
@@ninadtambe6482 Paste code in pine editor. Make sure pine editor is completely blank. Pine editor is available at bottom end of trading view chart.
Why candlesticks preferred over Heiken Ashi candles in this strategy?Regards
Dr. Agrawal, you can prefer Heiken Ashi over Candlesticks.
I have included Candlesticks here as it is more widely followed.
Do check out yesterday's video as well on Intraday Trading
ruclips.net/video/og48AmZD9IY/видео.html&lc=UgzHQW-yhyRVtyF98Dh4AaABAg
Nicely explained !!
Thanks so much Raj
Excellent as always..
Thanks Emroz
Your videos are very knowledgeable, but every time you come up with new strategy. So it's becomes deficul which one should use and which should avoid in a particular stock. My humble request is to make a video in which you can use 3-5 way to analyse a stock to confirm for treading. Gives us way so that we can practice on 3-5 combination for confirmation of trade
I give options to choose from Sanjay.
There are millions of traders out there. Unless I can show what all is out there, how will they choose?
Watch my videos and then select which one suites you best.
Try and then master that.
Thanks for the knowledge shared.
Most welcome 🙏
hi how i can use daily time frame 30 week moving average ... i will use 30*5 =150 day moving average shall i used in daily chart is ok
Wonderful video sir. Thanks for sharing the details on Great visionary Stan Weinstein. I am fortunate to download his book.
Sir 50 WMA means , 250 DMA ?
Sir , RS Input length is given as 10 , does it means last 10 trading days?
Thanks so much
50 WMA would means 250 period average
Change RS input to 50 if you are on weekly TF
@@TradeWithTrend Sure sir
Which one to follow (50WMA on price + 50WMA on RS) as per video or 30WMA on price +RS with 0 plotted) as per stan book?
Both will work well Naveen
Initially start with what Stan mentions
@@TradeWithTrend Thanks much for the reply.
@@TradeWithTrend Can u attach RS AFL for amibroker if u have..?
Very useful as always.. Thank you very much sir..
Thanks So Much. You can check out all videos at ruclips.net/user/tradewithtrendvideos
Hello Sir Very Good Morning,
Beautiful Video. My question is what will be the Average period and Average(RS INDICATOR) period for Daily time frame?
Is it same or different?
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Thank You
KEEP POSTING
Good Day.............
Thanks Saurabh. For Daily Tf, prefer 200 SMA on RS.
Sir at 7.30 you said price and relative strength should be above near by resistance, so you mean we have to check resistance levels in relative strength indicator as well as we check in price chart ?
Thanks a ton😊
Most welcome 😊
Hello sir.. Fantastic video once again... I searched for the stocks as you said and accidentally I came to see Tata Motors Ltd. Its exactly in stage four accumulation as of Stan Weinstein's teachings. Also recent weeks has shown a tremendous volume spike. If you have time can you let me know whether my analysis is correct?
Wonderful experience while listening your voice ❤️ liked it good explanation sir thank you❤️
Thanks so much