Monthly Pivot Points indicator sy trading ka procedure

Monthly Pivot Points indicator sy trading ka procedure

TRADING STRATEGY USING MONTHLY PIVOT POINTS INDICATOR

Introduction Monthly Pivot Points aik technical analysis tool hai jo traders ko market trend aur price levels ki samajhne mein madad karta hai. Trading Strategy Ye strategy step by step samjhanay ki koshish karti hai: Pehla Step: Pivot Points Ki Definition Monthly Pivot Points, ek specific time period ke (yani maheena) closing, high aur low prices se calculate kiye jatay hain. In points ko support aur resistance levels ke taur par istemal karna traders ke liye faidaymand ho sakta hai. Dusra Step: High, Low aur Close Prices Har maheene ke starting mein, apko previous month ki closing, high aur low prices ki values chahiye hoti hain. Teesra Step: Pivot Point Calculation Pivot Point ko calculate karne ke liye, neechay diye gaye formula istemal hota hai: Pivot Point (PP) = (High + Low + Close) / 3 Chotha Step: Support aur Resistance Levels Pivot Points se support aur resistance levels calculate kiye jatay hain, jo traders ko price movement ki prediction mein madad dene ke liye istemal hote hain. Neechay diye gaye formulas se aap ye levels calculate kar saktay hain: First Support (S1): S1 = (2 * PP) - High First Resistance (R1): R1 = (2 * PP) - Low Second Support (S2): S2 = PP - (High - Low) Second Resistance (R2): R2 = PP + (High - Low) Third Support (S3): S3 = Low - 2 * (High - PP) Third Resistance (R3): R3 = High + 2 * (PP - Low) Panchwa Step: Trading Strategy Ka Istemal Jab aap Pivot Points aur unke derived support/resistance levels calculate kar lein, to aap inko trading strategy mein istemal kar saktay hain. Yahan kuch mukhtasar tafseelat hain: Agar current price Pivot Point se ziada hai, to yeh bullish trend ka indication ho sakta hai aur traders long positions istemal kar saktay hain. Agar current price Pivot Point se kam hai, to yeh bearish trend ka indication ho sakta hai aur traders short positions istemal kar saktay hain. Support aur resistance levels ki madad se traders stop loss aur take profit levels set kar saktay hain. Pivot Points aur unke levels ko doosri technical indicators aur price patterns ke sath combine karke trading decisions improve kiya ja sakta hai. Summary Yaad rahe ke Pivot Points sirf aik tool hain aur inka istemal aapko achay results nahi dene ka matlab hai. Market conditions aur trends ko samajh kar hi aap inko istemal karen, aur hamesha risk management ka khayal rakhen.