Partial Profit booking as per Super Trend afl
As per my Super Trend AFL that i follow, there is a plotted line for Target 1,2 and 3.
It is calculated based on entry price.
Target levels for Short entry:
tar1 = entry - (entry * .0050);
tar2 = entry - (entry * .0112);
tar3 = entry - (entry * .0212);
Target levels for Long entry:
tar1 = entry + (entry * .0050);
tar2 = entry + (entry * .0092);
tar3 = entry + (entry * .0179);
Based on my observation, once we get an entry, almost 80% of the time 1st Target will be achieved.
As per my Super Trend AFL that i follow, there is a plotted line for Target 1,2 and 3.
It is calculated based on entry price.
Target levels for Short entry:
tar1 = entry - (entry * .0050);
tar2 = entry - (entry * .0112);
tar3 = entry - (entry * .0212);
Target levels for Long entry:
tar1 = entry + (entry * .0050);
tar2 = entry + (entry * .0092);
tar3 = entry + (entry * .0179);
Based on my observation, once we get an entry, almost 80% of the time 1st Target will be achieved.