Hello All,
One of my most basic indicators used in intra-day pivot based nifty trading is KPL Swing. Have tried various period settings on a 5 min chart and have finally settled down to 9 or 15 period, depending on market conditions.
I was just wondering is there any other indicator which does the same job better than KPL Swing.
I am referring to the highlighted areas in the image attached.
Looking forward to guidance from seniors/experienced traders on this board with regards to the same.
Thanks In Advance.
Regards,
Amar
Uploaded with ImageShack.us
One of my most basic indicators used in intra-day pivot based nifty trading is KPL Swing. Have tried various period settings on a 5 min chart and have finally settled down to 9 or 15 period, depending on market conditions.
I was just wondering is there any other indicator which does the same job better than KPL Swing.
I am referring to the highlighted areas in the image attached.
Looking forward to guidance from seniors/experienced traders on this board with regards to the same.
Thanks In Advance.
Regards,
Amar
Uploaded with ImageShack.us