PMOX Related
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Today shown Raju sir video on PMOX very good analysis
Stock Gives Bullish Momentum & oversold in bullish momentum AND Bearish momentum & over bought in bearish momentum
after that it goes into NETURAL zone between (75 to 25 )
when i scan it will show me oversold-over bought & bearish bullish momentum but after that PMOX indicator will fall into netural zone now in that condition i have to manually go and check weather stock is in netural zone after bullish & bearish momentum that will be time consuming
so my suggestion is that when PMOX is in netural zone put lable that this netural zone is followed by Bullish or bearish momentum so i can plan my entry
see chart of BHEL currently in netural zone but that is after Bullish momentum that i have to check charts by charts
@Prashant-Shah @@Definedge-Experts
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and based on that i can have breadth data bullish PMOX(stock above 75 + Netural zone ) -Bearish PMOX(stock below 25 + Netural zone )
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Hi @Nishshkumar Jaani ,
Where there is NEUTRAL zone... in Multi-timeframe Scanner ⇒ PMOX Multi-timeframe Scanner, to know weather its Bullish or Bearish zone... you can scan XO Zone (10) from Table ⇒ Indicator Value Table. If the value is above 0 then Bullish zone and below < 0, its Bearish Zone.
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yes that possible but u need to scan another thing that can be incoporated in same scan for faster analysis
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@The Wealth Vriksh Good thought. i will try this, thanks.