OPEN-SOURCE SCRIPT
SRT Indicator script based on Knowledge sharing by NK
In a year, there are 248/ 252 trading days .
Half of this is 124. Even 125/ 126 can be taken.
For Ex: We get SRT value by dividing the Nifty Spot with 124 SMA value applied on Nifty in a Day Chart.
This value Travels between 0.6 ( Bottom) to 1.38/1.4/1.45/1.5 ( Top).
Ideal Entry in stock will be at 0.6, which is very rare. You tend to buy at 0.7/0.8/0.9/1.10.
Exit from stock will be at 1.5.
However, generally, we get a value of 0.8/0.9 and we should start investing 20 % at a time. For every 0.1 declines, we should add 20 % to the stock portfolio.
Start Booking Profit if the SRT value is above 1.35 & book 50 % of the portfolio when SRT value is 1.45.
For Traders, as when SRT value comes to 0.8/ 0.9. Buy when HM comes in a buy in Monthly Time Frame.
SRT moves between 0.6 to 1.5 and which is a very reliable parameter for Investing.
Best time to invest in NIFTY is when SRT is between 0.6 to 0.9, NIFTY returned 2X, 3X or even more in less than a year.
Make sure Hilega Milega on Monthly Time frame is BUY before investing at these levels
Invest in batches, 30% of your capital when SRT is 0.9 and repeat every 0.1 downside
Half of this is 124. Even 125/ 126 can be taken.
For Ex: We get SRT value by dividing the Nifty Spot with 124 SMA value applied on Nifty in a Day Chart.
This value Travels between 0.6 ( Bottom) to 1.38/1.4/1.45/1.5 ( Top).
Ideal Entry in stock will be at 0.6, which is very rare. You tend to buy at 0.7/0.8/0.9/1.10.
Exit from stock will be at 1.5.
However, generally, we get a value of 0.8/0.9 and we should start investing 20 % at a time. For every 0.1 declines, we should add 20 % to the stock portfolio.
Start Booking Profit if the SRT value is above 1.35 & book 50 % of the portfolio when SRT value is 1.45.
For Traders, as when SRT value comes to 0.8/ 0.9. Buy when HM comes in a buy in Monthly Time Frame.
SRT moves between 0.6 to 1.5 and which is a very reliable parameter for Investing.
Best time to invest in NIFTY is when SRT is between 0.6 to 0.9, NIFTY returned 2X, 3X or even more in less than a year.
Make sure Hilega Milega on Monthly Time frame is BUY before investing at these levels
Invest in batches, 30% of your capital when SRT is 0.9 and repeat every 0.1 downside
Open-source script
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