YouTrader

What is BP & SP?

I used these terms for Buy Price and Sell Price and should use only for Intraday. Market is usually volatile in first half hours or till 10AM. Almost the time your trades before 10AM are not in your favor.

So you decide when you want to initiate your trade after 9:45 and load BP & SP using Scan >> Load – Intra BP & SP. Most of the time BP nothing but High till that time and SP nothing but Low till that time. Wait for half hour from Time selected and then track BP & SP.

If price remain above BP that mean its bullish one and if price remain below SP that means its bearish one.

Add BP% and SP% using Column Settings if it’s not there and sort these columns and find what those stocks above BP and below SP.

You can filter out using UScript BP+ Or SP-

Get it notified. Go to Notification >> Indicators – Settings and select

Alert & Notify BP – Price Cross North

Alert & Notify SP – Price Cross South

http://i.imgur.com/mq9jn6Y.png

You can make UScript Alert in combination with Other Indicators like
JCN(BP) & Low < Close
JCN(BP) & 5WMA+++
JCS(SP) & High > BP

You can combine any possible combinations with cross over.

-Author