how to take trade using marketsaarthi ?
in today’s video we will see how q buy function in marketsaarthi should be used to take trade.
q buy – it basically stands for taking quick buy option, since q buy signal would generate from extreme levels of low a script can make in intraday, we can’t go for big targets. a quick buy will give points in range of 7-30 (in index options)
rules for valid q buy trade: -
1) next candle should be closing above or within the body of q buy candle, if next candle closes below qbuy candle the signal is invalid
2) in case candle is closing within the body of q buy candle, high of q buy candle can be used as entry point…
3) if q buy is formed near any level that is its high is near the level (2-3 points) gap only, we can wait for that level to be broken for entering in trade and above levels will be our targets.
4) stop loss- we can have stop loss as low of q buy candle or a user can keep sl as per their risk appetite. but stop loss in q buy trade is must.
ideal time frame for q buy- 1mint & 3 mints
application- index spot charts, index call chart, stocks
(one can avoid using q buy feature on stock call option)
in today’s video we will see how q buy function in marketsaarthi should be used to take trade.
q buy – it basically stands for taking quick buy option, since q buy signal would generate from extreme levels of low a script can make in intraday, we can’t go for big targets. a quick buy will give points in range of 7-30 (in index options)
rules for valid q buy trade: -
1) next candle should be closing above or within the body of q buy candle, if next candle closes below qbuy candle the signal is invalid
2) in case candle is closing within the body of q buy candle, high of q buy candle can be used as entry point…
3) if q buy is formed near any level that is its high is near the level (2-3 points) gap only, we can wait for that level to be broken for entering in trade and above levels will be our targets.
4) stop loss- we can have stop loss as low of q buy candle or a user can keep sl as per their risk appetite. but stop loss in q buy trade is must.
ideal time frame for q buy- 1mint & 3 mints
application- index spot charts, index call chart, stocks
(one can avoid using q buy feature on stock call option)