Summary of "GFS का Free Scanner | Tuesday Technical Talk | Vishal B Malkan"
GFS का Free Scanner | Tuesday Technical Talk | Vishal B Malkan
The video titled “GFS का Free Scanner | Tuesday Technical Talk | Vishal B Malkan” is a tutorial and guide focused on using a free stock scanner to efficiently identify GFS (Grandfather, Father, Son) trading setups.
Key Technological Concepts & Product Features
GFS Trading Strategy
- A popular and reliable trading strategy with:
- High strike rate (>50%)
- Favorable risk-reward ratio (above 1:3, often up to 1:5 or 1:7)
- Uses three RSI parameters across different timeframes:
Scanner Setup on Charting.com
- Demonstrates how to create a custom scanner by adding RSI filters for monthly, weekly, and daily intervals with the specified thresholds.
- Users can select the segment (cash or futures) to scan stocks accordingly.
- The scanner is free and provides a quick way to find stocks fitting the GFS criteria in about 2 minutes.
- Examples of stocks identified on October 17 include:
- Usha Martin
- Tata Communications These examples validate the scanner’s accuracy.
- Flexibility is advised with RSI values (e.g., adjusting 60 to 59 or 61) due to slight data variations.
Additional Enhancements
- Scanner improvements can include:
- Adding volume filters
- Incorporating volatility measures (e.g., Bollinger Bands)
- Sector strength analysis for better quality trades
- Users can create more advanced scans based on these parameters once familiar with the basic setup.
Reviews, Guides, Tutorials
- The video is a step-by-step tutorial on creating and using a free GFS scanner on charting.com.
- Includes practical examples and real-time verification of scan results with charts.
- Viewers are encouraged to pause, rewind, and practice the scanning process themselves.
- A ready-made scanner link is provided on the website facebooksignup.in for convenience.
- Promotes a free five-day Wealth Challenge (October 23-28) covering:
- Mindset
- Strategy
- Business sense
- Spirituality Featuring multiple coaches including Vishal B Malkan, Jaya Kishori ji, Sonu Sharma ji, and Meghna ji.
- Emphasizes mastering one strategy deeply rather than diversifying broadly, promoting quality over quantity in trades.
Main Speaker
- Vishal B Malkan — Trading coach and host of Tuesday Technical Talk.
Summary
This video is a comprehensive tutorial on using a free RSI-based stock scanner for the GFS trading strategy on charting.com. It provides practical instructions, real examples, and encourages disciplined, focused trading. Additionally, it invites viewers to join a free multi-coach financial literacy challenge to enhance their trading mindset and skills.
Category
Technology
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