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Trading Psychology and Hilega Milega Simple Uses

The document discusses trading psychology and using the Hilega Milega indicator. On a daily chart, if the price breaks below the 20 SMA, it signals a sell. On an hourly chart, sell when candles close below the 20 SMA and buy when they close above it. On a daily chart, look for the red line of the indicator to cross below the black line as a buy signal. On an hourly chart, stop selling and start buying when the 20 SMA turns upward and candles close above it. As long as there is a gap between the green line and black line on the indicator, the market will not rise.

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Rakesh Kumar
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743 views7 pages

Trading Psychology and Hilega Milega Simple Uses

The document discusses trading psychology and using the Hilega Milega indicator. On a daily chart, if the price breaks below the 20 SMA, it signals a sell. On an hourly chart, sell when candles close below the 20 SMA and buy when they close above it. On a daily chart, look for the red line of the indicator to cross below the black line as a buy signal. On an hourly chart, stop selling and start buying when the 20 SMA turns upward and candles close above it. As long as there is a gap between the green line and black line on the indicator, the market will not rise.

Uploaded by

Rakesh Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Introduction to Trading Psychology: An introduction to the psychological aspects of trading, hinting at the usage of Hilega Milega for trades.
  • Using 20 SMA for Decision Making: Explains how the 20 SMA is used to confirm buy or sell positions in trading strategies.
  • Hourly Chart Sell and Buy Strategy: Describes a strategy for buying and selling based on candle positions relative to the 20 SMA on hourly charts.
  • Red and Black Line Crossover: Discusses buying signals generated when red and black lines on a trading chart cross over.
  • Buying on Daily Chart Signals: Provides insights on determining buying points using daily charts and red line movements.
  • SMA Lines for Buyers and Sellers: Illustrates how SMA lines on hourly charts distinguish zones for buyers and sellers.
  • Market Movement and Line Gaps: Explores market movement restrictions when there's a gap between green and black lines.

Trading psychology and Hilega milega simple uses

If Price breaks 20 SMA on a daily chart don’t trust that price,Hilega


Milega also confirms the sell side of trade in such a case.
ON an hourly chart as long as the candles are closing below the hourly chart sell and as long as it is above the
20 SMA Line we will buy.
Whenever the red line goes below the black link stop sorting and start buying

Red line
going below
black line on
daily chart
If the buy comes on a daily chart before that it will show buying on the hourly chart:
Points to check is the slope of red line moving upwards, the price must turn red zone ( colour on
hilega Milega) and V Shape between red line and green line)
On an Hourly Chart-Whenever the black 20 sma
Black line turns upwards and candle closes
above stop selling and sorting

Above this
line is for
buyers

Below this
line is for
Sellers
As long as there is a gap between greenline
and black line market will not go up

Gap

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