My Successful Intraday Trading Setup: Tools Used

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FIG - Financially Independent Group

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My successful intraday trading setup


Well everyone who have been to out site must have definitely gone through my daily analysis on
stocks which we post daily of the stocks I trade. The strategy we follow is being successful for
the past 3 years. All these succes are due to a new charting system known as Volume Profile.

To know more about Volume Profile and its power. Follow my daily trading analysis in our
website ​blog

My charting setup for the day trading is the following.

TOOLS USED
Trading charts are viewed in - ​Tradingview.com

Tradingview is a very useful platform, which can be used on any browser to check the stocks at
any time. You can buy pro membership of tradingview which is worth the money.

INDICATORS USED
1. Volume Profile
2. VWAP - Volume Weighted Average Price
3. Pivot Points.

SETTINGS FOR ABOVE INDICATORS

VOLUME PROFILE
1. First setting in Volume Profile is to increase the granularity of the indicator by changing
the Rows layout to ​Ticks per row

2. Row Size to ​1

All strategies and copies are owned by FIG - Financially Independent Group ​figfortraders.in
FIG - Financially Independent Group

Figfortraders.in
​channel
3. Enable only the POC, developing POC and value area will give false signals often at
lesser time frame.

VWAP
VWAP is again a greatest tool when used in combination with Volume Profile, as both are using
volume one can confirm the other easily and reliably. The signals generated on the combination
of the above two signals is very strong.

Use VWAP with the default settings of the trading view.

PIVOT LINES
Pivot lines is an additional indicator which we use to avoid false trade. As many people are
observing the PIVOT points in their day to day trading life. A stock approaching PIVOT line will
definitely show greater price action. By using Volume profile we can identify who is stronger in
the market.

Use the PIVOT points with the default settings of the trading view.

The combination of the above indicators has shown some greatest movement in the
trading panel​. Some example are below.

All strategies and copies are owned by FIG - Financially Independent Group ​figfortraders.in
FIG - Financially Independent Group

Figfortraders.in
​channel
EXAMPLE 1

EXAMPLE 2

All strategies and copies are owned by FIG - Financially Independent Group ​figfortraders.in
FIG - Financially Independent Group

Figfortraders.in
​channel
EXAMPLE 3

To understand volume profile deeper


and to apply it for yourself in your day
trading, you can enroll to ​my course
Contact us :
Youtube : ​https://www.youtube.com/channel/UChFKXdJmOIhQVWojDeLYRPA
Discord : ​https://discord.gg/cPmdBmG
Telegram : ​https://t.me/joinchat/GfRICg8N8i7-oPiGFYzRMg
Facebook : ​https://www.facebook.com/groups/159950008043049
Twitter : ​@FIG90088820
Tradingview : ​https://in.tradingview.com/u/HariprasathGopal/
Whatsapp : ​9566341564

All strategies and copies are owned by FIG - Financially Independent Group ​figfortraders.in

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