1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

Whether the latest MTP v2.2 tool is useful?

  • YES. The tool helps to take safe positions using FLOW and Renko Charts

    Votes: 26 92.9%
  • NO. The tool is not useful

    Votes: 2 7.1%

  • Total voters
    28
  • Poll closed .

sholay

Active Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -


BANK NIFTY: Has crossed below the one of the major 10464 and already the SHORT Call is active. So please wait for bounce and take the positions near the pivot...

Buy Above : 10488 BNS
Sell Below : 10456 BNS (Sell Active)
.

Tool is working fine. I tried with converted version in 2003 without time check.
Great job. Keep it up.
Bank nifty Is it 10464 or 10456?
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Tool is working fine. I tried with converted version in 2003 without time check.
Great job. Keep it up.
Bank nifty Is it 10464 or 10456?
Now you can check the tool :) Look for major pivots... The major pivots will either act as Support or Resistance.

For BNAKNIFTY the major support was at 10464. But yesterday close, that level was broken but it might be regained today. So always trade with caution near major pivots. Look at the Renko chart. you will understand what I am telling
 

sholay

Active Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Now you can check the tool :) Look for major pivots... The major pivots will either act as Support or Resistance.

For BNAKNIFTY the major support was at 10464. But yesterday close, that level was broken but it might be regained today. So always trade with caution near major pivots. Look at the Renko chart. you will understand what I am telling
It looks like chart is still at 16 aug, that is whatever your data. Again not refreshing for me in 2003.
In which sheet google data is downloaded?
 

aimer

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj,
The Renko shows the current date as 00Jan...
and also the MTP valuse remains FLAT...yesterday full day it was flat I thought may be yesterday mkt was consolidating but even today its Flat...is it correct or is there some error...
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Excel 2003.. Values are refreshing on the main screen

Renko charts are not refreshed...still 16 th aug ,,,and now shows 00-Jan
Flow charts working
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj,
The Renko shows the current date as 00Jan...
and also the MTP valuse remains FLAT...yesterday full day it was flat I thought may be yesterday mkt was consolidating but even today its Flat...is it correct or is there some error...
Hi aimer...i too had the same doubt yesterday...Actually Raj cleared it well..

U need to manually select the drop down menu to stay long / short and then enter the values to keep track of the trades...
 

aimer

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj,
The Renko shows the current date as 00Jan...
and also the MTP valuse remains FLAT...yesterday full day it was flat I thought may be yesterday mkt was consolidating but even today its Flat...is it correct or is there some error...
Posting the chart...
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aimer

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hi aimer...i too had the same doubt yesterday...Actually Raj cleared it well..

U need to manually select the drop down menu to stay long / short and then enter the values to keep track of the trades...
Did not get u novicetrader, what did u mean by drop down menu:confused:
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Sorry i think i was not clear...

Click on the FLAT cell in the excel ... U get a small triangle shape next to that which allows u to select 3 options... FLAT, STAY LONG, STAY SHORT
 

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