CCTV INDICATOR helps you by giving you a multiconfirmation trade from the system itself. Just by plotting it on the chart it scans the mutitimeframe trends of the stock/index according to the timeframe of chart you have plotted
Analysis as per Time Frame
If you plot a 5 or 15 min chart it will give you the trend confirmation which is relevant for intraday – so you get the trend confirmation for day timeframe + hour time frame + 15 minute timeframe + 5 minute timeframe.
Similarly if you plot an hourly chart then system understands that you are looking for swing trade so it gives you the most relevant timeframes’ trend confirmation for swing trade, so you get the trend confirmation for Week timeframe + day timeframe + hour time frame + 15 minute timeframe.
Similarly if you plot a daily chart then system understands that you are looking for positional trade so it gives you the most relevant timeframes’ trend confirmation for positional trade, so you get the trend confirmation for Monthly timeframe + Week timeframe + day timeframe + hour time frame.
ALONG WITH THIS YOU ALSO GET THE FOLLOWING:
Advance Hilega Milega Systems
Sentiment Curve of the Market
Now the CCTV Subscription comes with a CCTV SCREENER
CCTV Screener identifies the sector / stocks in which the momentum or the trend comes in sync across multi-timeframes. It is capable of screening multiple sectors & stocks simultaneously. This helps you in spotting the right opportunity during live market.
Now the CCTV Subscription comes with a CCTV SCREENER
CCTV Screener is a multi-timeframe tool used by us to identify the momentum and strength of the momentum along with trend confirmation.
The results are fetched for 6 different timeframes i.e. Monthly, Weekly, Daily, 75 mins, 15mins and 5 mins.
The CCTV Screener scans the script in all the above timeframes for its
Momentum
Strength of the Momentum
Trend
The Screener works on these 2 main Rules:
Smaller time frame follows the Higher time frame and
Smaller time frame is also responsible to change the higher timeframe
The Screener also identifies the sector / stocks in which the momentum or the trend comes in sync across multi-timeframes. It is capable of screening multiple sectors and stocks at the same time. This helps you in spotting the right opportunity during live market as the stock or sector is highlighted in the predefined or custom watchlist when such incidence of sync happens.
The Indicator is designed to do multi timeframe analysis for momentum, its strength and trend confirmation for Intraday and Positional trades.
For Intraday we have used the following timeframes – Day, 75 mins, 15 mins & 5 mins in the same order on the screener
For Positional we have used the following timeframes – Month, Week, Day & 75 mins in the same order on the screener
For intraday one must use 5/15 min timeframe to see the result and for positional one can use 60 mins or 75 mins timeframe.
There are several predefined watchlists like
Index
Nifty
Banknifty
Nifty IT
Nifty Auto
Nifty Metal
Nifty Pharma
Nifty FMCG
Nifty INFRA
MIDCAP &
SMALLCAP
Along with this there is a custom watchlist option where the user can input his selection of sector and stocks.
The CCTV Screener Indicator is made by us to see and scan the market in a much professional and easy way to identify good potential according to oneself’s ability to read and understand the market.
The Indicator is made for self use and may be shared with like minded traders, family and friends for educational purpose only.
Trading Siksha and its team is and will not be responsible for any result (good or bad) you get by using the CCTV Screener. One must take informed decision or seek professional help before making any trading decision.
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