RH ALGO

Price Action is one of the most important aspect in technical analysis. One cannot ignore the price while doing technical analysis. Based on the RH system which is our inhouse price action analysis we have designed this also which will give you the list of stocks in the respective timeframe where the stock sync as per RH status.

For example – if a stock is Bullish in Month timeframe and is also bullish in weekly timeframe but bearish in daily timeframe then it will not go up until the day timeframe also turns bullish. Instead if the day timeframe remains bearish for a considerable period then it may force the weekly and even monthly to change the trend. Thus it becomes very important to find stock where atleast three timeframes’ price action as per RH analysis comes in sync..

We use the following timeframes for following setups

Intraday – Day + Hour + 15 mins
Swing Trade – Week + Day + Hour
Positional Trade – Month + Week + Day

For best results we pair this Algo with our CCTV system to confirm, execute, ride and exit a trade.