From the following Points given below , can you help me which Indicators & Patterns should I use :
Also , can we see the created setup in the PnF chart also.
Step
01.Stop at entry Place initial stop at the base low
02.Position size Size = 100 ÷ stop-loss %, capped so max portfolio risk on the trade = 1%. E.g., if your
stop is 8% below entry,position size = 100 ÷ 8 = 12.5% of a hypothetical "full risk unit"
— scale that to keep total capital at risk ≤1%.
03.Day-1 pullback If price breaks out then closes back inside the base same day, cut the position in half
immediately
04.Re-add If it then reclaims the breakout level with strength, add the trimmed half back
05.Trailing stop Move stop up to whichever is higher: the 21 EMA (daily) or the last swing low — only
ratchet up, never down
06.Partial profit On a 15–20% gain from entry, book ~30% of the position; trail the rest per the rule
above
07.Vertical/steep move If the trend line goes near-vertical, trim another 50% rather than waiting for price
to touch the 21 EMA
thanks
Cherikanpadath gopalan shibhu