nr4 and nr7 trading strategy in Intraday with inside bar formation and ORB- trusted trading technique

Today’s we cover most used and tested technique for trading intraday. the theory here is that stocks dont make move’s all time but they move in waves where after a period of days like 7 and 4 where a candle makes lowest range(high and low of a day) compared to last 4 or 7 days then that day is called nr4 and nr7 day respectively and is expected to make a move that day.

In nr7 trading strategy

that is after a nr7 candlestick day is formed like explained above nr7 stock for that reason nr4 and nr7 trading strategy takes place the next … Read the rest