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nr7 breakout with high volume

NR4 Candle Strategy 5

NR4 and NR7 Trading Strategy – contraction and expansion technique

Narrow Range 4 and Narrow Range 7 (NR4 and NR7 Trading Strategy)  – contraction and expansion technique

The NR4 and NR7 Trading Strategies assist us in locating stocks ahead of time so that we can prepare for and profit from impending stock movement. The market goes through regular contraction and expansion cycles, which is where the NR4 and NR7 Trading Strategies excel.

In this trade setup, you should patiently wait for the market to enter into contraction, which means for the range of the bars to narrow. When we see NR4 or NR7, we can expect a larger price movement and direction. It is a breakout and reversal pattern that aids in profit generation after a range.

What we cover

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NR4 Candle Strategy 5

How to get NR7 stock on daily basis?

How to get NR7 stock on daily basis?

We uploaded NR7 and NR Stocks where possible here

NR4 and NR7 candles formed for below stocks

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Bullet points to remember:

  1. nr4 and nr7 screener – chartink link will be provided shortly
  2. nr7 excel formula – Excel sheet calculator will be provided
  3. nr4 strategy – as explained above buy above high of NR4 candle and sell below low of NR4 candle
  4. nr7 formula – as explained above range(high-low of each day compared to previous 3 days)
  5. nr7 strategy accuracy – 70% accuracy when placed together with trend.(trend is your friend)
  6. nr7 days intraday strategy- as explained above buy above high of NR4 candle and sell below low of NR4 candle
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