SRJ RM THEORY

INTRODUCTION:-

I BELIEVE THAT THE PRICES ARE ALWAYS HAVING SOME MAGNETIC PROPERTY OR RELATIONS IN BETWEEN RANGES.THE ATTRACTION AND REPULSION IS HAPPENING ALL THE TIME AND IT TELLS US SO MANY THINGS THAT WE DO NOT LOOK FOR.

HOW IT WORKS:-

IN THIS INDICATOR, THERE ARE BASICALLY 3 MAGNETIC ZONES- RED, BLUE & GREEN. THESE ZONES ARE ALSO DIVIDED IN 2 POLES THAT ARE NORTH POLE(THICK LINE) AND SOUTH POLE(THIN LINE). WHEN EVER PRICES COMES NEAR THE ZONES THE ATTRACTION AND REPULSION HAPPENS. RM THEORY MEANS RELATIVE MAGNETISM. IT HELPS TO UNDERSTAND WHEN THE MARKET WILL CHANGE, TAKE REVERSAL, RETRACEMENT, SIDEWAYS, BREAKOUTS.

WHY I MADE THIS:-

AS A INTRADAY LOVER I HAD TRIED ALL THE POSSIBLE INDICATOR BUT NONE OF THEM GAVE ME A PROPER CONFIRMATION OR WARNING IN TREND. SO I ANALYSED HOW MARKET WORKS AND MOVES AND TRIED TO PUT ALL MY KNOWLEDGE AND EXPERIENCE TO BUILD A PROPER INDICATOR FOR MYSELF. AFTER THAT I BACK TESTED AND GOT SUCCESSFUL RESULTS. SO I THOUGHT I SHOULD SHARE MY IDEA TO THE WORLD TO SEE HOW IT WORKS WITH OTHERS.

THIS INDICATOR IS PURELY BASED ON INTRADAY TRADING BUT CAN ALSO BE USED FOR SWING TRADING. FOR BEST RESULTS KINDLY FOLLOW DEFAULT SETTINGS THAT ARE 1 2 2. BEST RECOMMENDED TIME FRAME IS 1 MINUTE TO 5 MINUTES. IT DOES NOT WORK IN DAY OR GREATER TIME FRAME.