Checklist By TradeINski

6 maj

Checklist By TradeINski

First Things First

• This indicator is a supporting tool for trading momentum burst that is 2 Lynch setup by stock bee aka Pradeep Bonde.
  

• Disclaimer: This indicator will not give any buy or sell signal. This is just a supporting tool to improve efficiency in my trading.
  

• Apply Indicators and then open indicator settings and read the following simultaneously to understand better.
  

• Default color settings are best suited for light themes. Which is also my personal preference.
  

• Users can change most of the default options in settings according to their personal preference in settings.
  

• When we open settings we can see 3 tabs that are {Inputs tab} {Style tab} {Visibility tab} each tab have its own options, Understand and use it accordingly.
  

• Indicator will be only visible in the Daily time frame as its primary TF is daily. In the lower time frame nothing is plotted.
  

• An indicator is plotted on an existing plane and overlaid on the existing plane.
  

Contents

• My Checklist Lynch

Table Header Settings

• Position
  

• Size
  

• Text Color
  

• Background Color
  

“ON/OFF” Header “Text Box” “Info”
Table Content

• Text Color
  

• Background Color
  

• “ON/OFF” R (1 - 10) “Text Box” T (1 - 10) “Text Box”
  

My Checklist - 2Lynch

• This is the checklist I use while placing the trade just to make use of not missing anything based on predefined rules of the setup I trade.
  

• 2 - The stock should not be Up more than 2 days in a row, Minor movement can be acceptable.
  

• L - The stock price movement should be linear, validation of established momentum
  

• Y - Young trend in preference 1 - 3rd breakout from base
  

• N - Narrow Range or -ve day before breakout
  

• C - Consolidation should be narrow, linear and low volume. No more than one 4% breakdown.
  

• H - The candle should close near high or at least 20% within when entered.
  

Table Headers Settings

• Position - “Drop Down” with 9 different options which are self explanatory. Users can change the position of the table as per their preference.
  

• Size - “Drop Down” with 6 different options which are self explanatory. Users can change the size of all the text printed in the table as per their preference.
  

• Text Color - “Default Color is White” This setting is specifically only for header text. And users can change the text color of the header as per their preference.
  

• Background Color - “Default Color is Blue” This setting is specifically only for header
  

background color. Users can change the background color of the header as per their preference.
“ON/OFF” Header “Text Box” “Info”

• “Check Mark” - To show or hide the header that is “ON/OFF”.
  

• “Header” - Heading of the table.
  

• “Text Box” - Users can input as per their preference.
  

• “Info” - Info symbol that shows short form and important note that is (Max 50 characteristics for all text boxes) [R - Row’s Number] [T - Text’s Number].
  

Table Content

• Text Color - “Default Color is White” This setting is specifically for table texts. And users can change the text color of the all content table texts as per their preference.
  

• Background Color - “Default Color is black” This setting is specifically for content table texts background color. Users can change the background color of the header as per their preference.
  

“ON/OFF” R (1 - 10) “Text Box” T (1 - 10) “Text Box”

• “Check Mark” - To show or hide the complete Row. Users have options and can change as per their preferences.
  

• R (1-10) - “R” stands for Row and (1-10) is Number of rows available for users to enter text. Users have 10 different options.
  

• “Text Box” - Place to enter text that users want to print on column 1 of the table.
  

T (1-10) - “T” stands for table and (1-10) is Number of text boxes available for users to enter text. Users have 10 different options.

• “Text Box” - Place to enter text that users want to print on column 2 of the table.