Hai.
Find the degree factors for angle 45 =45/180
calculate the price range=(if nifty is at 8688 daily volatility is 0.55 then price range = 8688*0.55/100)
use this formula to find price action is above or below 45 degree
calculate in excel
power(sqrt(price range)+ degree factor,2)=A (let us assume) and then calculate
opening price+ (A)* with degree factor= v
when the price is trading above(V)we can consider the stock is above 45 degree or below
Apply this formula in excell and select maximum no of stocks in market watch(nest.odin.etc) give link to excel
In excell apply condition if the price is trading above the calculated value (v)give buy signal or below give sell signal. I hope it is enough to understand
Find the degree factors for angle 45 =45/180
calculate the price range=(if nifty is at 8688 daily volatility is 0.55 then price range = 8688*0.55/100)
use this formula to find price action is above or below 45 degree
calculate in excel
power(sqrt(price range)+ degree factor,2)=A (let us assume) and then calculate
opening price+ (A)* with degree factor= v
when the price is trading above(V)we can consider the stock is above 45 degree or below
Apply this formula in excell and select maximum no of stocks in market watch(nest.odin.etc) give link to excel
In excell apply condition if the price is trading above the calculated value (v)give buy signal or below give sell signal. I hope it is enough to understand
if correct I will share the excel file