Swing Trading Strategy Class 20/08/2023

High Beta Stock Strategy (HB Strategy)

High Beta
eta Stock Selection Method
 Apply this strategy only on stocks having following values in Screener
(https://in.tradingview.com/screener
https://in.tradingview.com/screener)

 Open Trading View Chart

 Click on Stock Screener (Watch Figure-1)

Figure-1

 After that show the next screen and setup the following values in screener.
1. Time interval = 1Day
2. Markets = India
3. Currency = INR
4. New Monthly High
5. Market Cap Filter Value (10
(10B to 150B)
6. Volume*Price = Set High to Low
After that show High Beta Stocks
tocks in you screen (You can select top 10-20
20 Stocks for Analysis)

1Day IND INR New Monthly High

This
is Notes Create By | Nawaid Alam 1
 Chart Settings of High Beta Stocks Analysis Process.
 Open Chart in tradingview and apply Day time frame in one year chart.
 Apply Anchored Volume profile (Watch Figure-3)

Figure-3

 Settings of Anchored Volume Profile (Row Size 100 and Value area volume
70) (Watch Figure -4)
4)

VAH Line
Figure-44

POC Line

 and the stock must be in Step-up

up pattern (Candle must be formed above
VAH).
VAL Line

 After that apply Chandelier Exit everget Indicator and Change the settings
of Chandelier Exit ATR Period 2, ATR Multiplier 2 (Watch Figure-5)
Figure

Figure-5
Figure

This
is Notes Create By | Nawaid Alam 2
  After that stock must be in Step-up up pattern (Candle must be formed above
VAH Line in Normal Candle
Candle)
 If the stock is not in step
step-up pattern, avoid & search the otherr stock.

Execution Process
 If Stock is Step-up
up pattern in Normal Candle and candle is formed above
the volume profile box i.e. above VAH without touching the VAH Line then
this candle will be considered as a signal candle and Mark the high of the
signal candle with the help of horizontal ra
ray. (Watch Figure-6)
6)

Figure
Figure-6

 After
ter that change the candle into Heikin Ashi Candle. (Watch Figure-7)
F

Figure-7

 Wait for the formation of entry candle (entry candle will be the candle that
crossed above the high of signal candle) and take entry above the high of
signal candle.
 Entry Candle CE 2/2 ((Chandelier Exit)) Value will be Stop loss Value.
 Set target 1 as 1:1 RR aand
nd book 50% profit at Target 1 and remaining 50%
qty may be trailed using CE 2/2/ or 1:2 RR

This
is Notes Create By | Nawaid Alam 3