By popular demand, our Auto-Support/Resistance intraday scans are here! This webinar will focus on the upcoming Investar Beta with new features like Auto-SR intraday scans (in 1-min to 1-hr timeframes) and ability to scan full and partial candles: - Introduction to Full/Partial candle scanning interface. - Brief intro to factors identifying strong support/resistance. - Find intraday/short-term trades using intraday Auto-SR scans - Identifying Intraday Volume Breakouts - Finding stocks with high risk/reward ratio - Finding stocks near to support The target audience of the webinar will be mostly intraday and short-term traders.

1. Introducing Auto-
Support/Resistance
Intraday Scans
Himanshu Patil
email : hpatil@investarindia.com
twitter : himanshugpatil
Copyright © 2009-2015 Proseon Technologies
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2. Importance of various tools
 Support, Resistance & Trendlines
 Technical Indicators
 Japanese Candlesticks
MORE IMPORTANT
LESS IMPORTANT
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3. Auto-Support/Resistance
(Auto-SR)
 What we had before
– Daily and EOD Auto-SR scans
– Auto-SR drawn in all timeframes
 What we have just introduced in the new Beta
– Auto-SR scans now supported in all timeframes
(down to 1-min)
– Scan supported for Partial candles also (makes finding
breakouts much timely even for intraday traders)
– EOD timeframe is Daily timeframe updated at EOD
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4. Partial/Full Candle Scans
 What are partial and full candles?
 E.g., 5-min timeframe chart:
– At 10:17 am, the last candle contains only 2 minutes
of data, hence we call it partial
– The candle will become “full” only at 10:20 am.
 Till now all scans were full candle based,
except Daily for which we had EOD and
Daily timeframe scans (updated every 1
min)
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5. Partial/Full Candle Scans
 All timeframe scans can be updated
– Every 1-min (i.e. for partial candle)
– At every full candle
 E.g., 3-min timeframe scan can update
– every 1 min (Partial Candle)
– every 3-min (Full Candle)
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6.  Scan Alerts are generated on partial or full
candle
– Either first time in a partial candle
– At end of every full candle (just like in
Investar 5.1 today)
Partial/Full Scan Alerts
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7. Partial/Full Scan Alerts
 E.g., 5-min timeframe
– Set support/resistance breakout scan alert at
10:10 am
– Breakout happens at 10:17 am
– If update frequency is:
 1-min (partial candle), scan alert will be generated
at 10:17 am
 5-min (full candle), scan alert will be generated at
10:20 am
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8. Determining the Strength of a
Trendline or Support/Resistance
 How many peaks or troughs does it touch?
– The more the touches, the stronger it is.
 At what angle is the trendline?
– The flatter the trendline the stronger it is.
 Volume accompanied by trendline break?
– The stronger the volume, stronger is the trendline.
 How recent are the touches on the trendline?
– The more recent the touches the stronger it is.
 How long is the trendline?
– The longer it is, the stronger it is.
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9. Using Resistance & Support for
Buying
Resistance
Support
Break of Resistance Close to Support
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At start of new uptrend In a sideways trend

10. Using Resistance & Support for
Selling
Support
Resistance
Break of Support Close to Resistance
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At start of new downtrend In a sideways trend

11. Auto-Support/Resistance
 Investar automatically draws the
automatic support/resistance levels and
rates them based on:
– No of touches
– Recency
– Length
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12. Auto-SR
 Top 20 %ile - Very Strong Support/Resistance
 Next 20 %ile - Strong Support/Resistance
 and so on…
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13. Tips for using Auto-SR
 Keep the default settings – scans are done using
the default settings
 Make sure your chart duration has the number
of bars that you have selected in Tools-
>Options. E.g., if you have 240, then you should
have at least a one year duration.
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14. Risk/Reward Ratio
 1:3 is a good risk reward ratio.
 Risk: maximum loss you can have.
 Reward: maximum profit you can have.
– long trades:
 Profit = (nearest resistance – close)
 Risk = Stop Loss (LT: 10%, ST: 5%, Intra: 0.5%)
– short trades:
 Profit = (close – nearest support)
 Risk = Stop Loss (LT: 10%, ST: 5%, Intra: 0.5%)
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15. Stop Loss Strategies
 Stop Losses are put based on type of
trader:
– Long-Term Trader: 10%
– Short-Term Trader: 5%
– Intraday Trader: 0.5%
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16. What timeframes to use?
 Long-Term Traders (Holding Period > 6 mos)
– Use Daily and Weekly charts.
 Short-Term Trader (few days < Holding Period < 3 wks)
– Use Daily and 1-hr charts
 Intra-Day Trader (Holding Period < 1 day)
– Use 1-hr and 15-min OR
– 30-min and 5-min OR
– 15-min and 3-min
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17. Auto-Support/Resistance Scans
 Crossing Support/Resistance
 Support/Resistance Breakouts
 High Risk/Reward Ratio (Risk/Reward ratio > 3)
 Near Support or Resistance (within 0.5% of
support or resistance)
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18. Interesting Composite Scans
 High Volume Breakout:
– Strong Resistance Breakouts
– Volume Gainers
 Buying with a High Risk/Reward Ratio
– Near Strong Support
– High Risk/Reward Ratio – for buying
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19. How can I get this feature?
 Its in Investar Beta
 Investar Beta can run simultaneously
with Investar 5.1
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20. Future Webinars
 Support/Resistance Strategies (TBD)
 Basics of Technical Analysis (16th Jan)
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21. Support/Resistance Strategies
 Support/Resistance Strategies (28th
Jan, 2016 – Sign up here)
– Pivot Levels
– Gap Up/Gap Down
– Fibonacci Retracements
– Auto-Support/Resistance
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22. Liked Auto-Support/Resistance?
 Follow us on twitter:
@himanshugpatil
@investarindia
 Tweet with hashtag #AutoSR
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23. THANK YOU
Thank You for Attending!
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