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Monday 7 October 2013

CAMARILLA - INDICATOR OF THE DAY


















CAMRILLA PIVOT POINTS

H5 = (High/Low) × Close
H4 = Close + RANGE × 1.1/2
H3 = Close + RANGE × 1.1/4
H2 = Close + RANGE × 1.1/6
H1 = Close + RANGE × 1.1/12
L1 = Close – RANGE × 1.1/12
L2 = Close – RANGE × 1.1/6
L3 = Close – RANGE × 1.1/4
L4 = Close – RANGE × 1.1/2
L5 = Close – (H5 – Close)


Camarilla Takes Previous days High Low and Close rate to find the levels for the day. Trading with Camarilla is very simple.

Eg : - lets take action at third layer . Buy at L3 and Sell at H3, your target is opposite pivot points then.
That means, if you sold at H3 your target is L3 and if you bouoght at L3 your target is H3.

The Fourth Layer L4 and H4 are reserved for break outs.















1. H3 Reversal Trade: Sell at H3, Target at L3.
2. L4 Breakout Trade: Sell at L4, Target at L5.
3. H3 Reversal Trade: Sell at H3, Target at L3.
4. L3 Reversal Trade: Buy at L3, Target at H3.




CAMARILLA PIVOT POINT ARE GOOD FOR INTRA DAY TRADERS. CLICK HERE TO DOWNLOAD CAMARILLA INDICATOR

CLICK HERE TO LEARN HOW TO INSTALL INDICATORS ON MT4

CLICK HERE TO DOWNLOAD XLS FILE FOR CAMARILLA.

CLICK HERE TO DOWNLOAD THE HELP FILES ON CAMARILLA.

6 comments:

  1. Dear sir u r chart formula is super and pls give me a that formula in EXCEL FORMULA. PLS SEND MY MAIL OR UPLOAD U R WEBSITE SIR .(antony78raj@gmail.com ) sir ungaloda mcxjobing.com il Camarilla pathi parthen idhoda excel formula kidaikkuma sir CAMRILLA PIVOT POINTS.

    H5 = (High/Low) × Close
    H4 = Close + RANGE × 1.1/2
    H3 = Close + RANGE × 1.1/4
    H2 = Close + RANGE × 1.1/6
    H1 = Close + RANGE × 1.1/12
    L1 = Close – RANGE × 1.1/12
    L2 = Close – RANGE × 1.1/6
    L3 = Close – RANGE × 1.1/4
    L4 = Close – RANGE × 1.1/2
    L5 = Close – (H5 – Close)
    illainna Range appadingarathu enna(Range means ??)

    ReplyDelete
  2. sir pls upload excel formula in camarilla thank u

    ReplyDelete
  3. @ ANTHONY RAJ. KINDLY CHECK THE UPDATED POST. AS PER YOUR REQUEST, EXCEL FILE IS UPLOADED.

    ReplyDelete
  4. Sir this is ok but i want this type

    High Low Close

    Breakout Target

    Short SL & Breakout

    Short

    Resistance 2

    Resistance 1

    Pivot Point

    Support 1

    Support 2

    Long

    Long SL & Breakdown

    Breakdown Target


    This excel formul to u here

    ReplyDelete
  5. i want this type in 5 (h1-h2-h3-h4-h5) (L1-L2-L3-L4-L5)

    ReplyDelete

 

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