๐จโ๐ปRaj's SMC + MACD diversion method
Day trading strategy
Last updated
Day trading strategy
Last updated
It is the key step.
I don't use very large zones and try to see if the zone has been hit multiple times in the past.
The zone should be followed by 3 bull or bear candles as shown in the picture above
Macd divergence gives the best entry as shows signal before the move.
Macd divergence signal may not be reliable on trending days.
Use 50 period EMA for additional confirmation of bias.
Stop loss should be below the zone.
For Options, delta > 0.5 and theta < 0.4 as a general guidelines.
Indicator I use for Macd Histogram divergence.
Trend is broken
Recent swing high/low Liquidity grab
Nearest supply or demand zone reached