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 .

healthraj

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

Yes Flow method is Purely Positional .For Intraday you can look swift or ambuse. if you able to automate these method then it would be great achievement:cheers:
Saravanan,

I think your expecation for the tool is very high I think. As I mentioned the FLOW and Renko is just my humble implementation of the Ambush. When I say Ambush I mean I am using 10 minute timeframe and not 30 minute or 60 minute timeframe. Because 30 min and 60min would be for purely positional. Ambush suggests to use 5min and take a confirmation from 15min. But instead of using two timeframes I have gone for 10min which is in between 5 and 15. Even in Ambush the basic concept is still FLOW only... But I have not implemented all the rules of Ambush. When time permits I would surely be implementing all the rules like Early Reversal (ERL), Gaps, Breakouts etc...

I Think you must be an advanced user of the FLOW and Ambush method. So the tool might not interest you.

I am only trying to help myself and beginners like who have nowhere to Start...
 

sholay

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

I assume that the wrong date display is what you are claiming as a Refresh problem... Did you check the Renko chart. Whether was it displaying right levels to Buy and Sell at least, if not the right dates... This problem was introduced because I had to introduce a date for Renko charts...
Raj,
This snap is taken at 16.30 IST with 2007 2.2 Ver without time check.
Since morning I am getting the same still chart.

http://www.4shared.com/photo/ewmBS5zb/210812.html?
 

healthraj

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

Raj
Please post in which sheet the google finance data is downloaded?
The Google data download happens in three steps...
1. Raw data is downloaded in the sheet called "Data"
2. Then the data is cleanedup and timestamp conversion takes place in "FData".
3. The final data is copied to the destination sheets like
a. CDATA - The sheet for the basic chart data
b. 15Data - The data for 15minute charts
c. 30Data - The data for 30min charts
d. NF5minADX - The data for NIFTY flow and Renko and ADX charts
e. BNF5minADX - The data for BANKNFTY flow, renko and ADX charts

Note: Sometimes Google does not return the complete data all the time. So I have also put some logic for retry...
 

healthraj

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

Raj

Charts are very useful for me today. Thanq. When i see the upward triangle formation in renko chart i went long in nifty at 5421. Closed the position at 5447.
Regards
siva
Ysivak,

Good to know that at least somebody is getting is benefitted out of the tool. :clap::clap::clap:
 

prabhsingh

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

Raj,

Has the fix being applied to 2.2 version for Date fix issue for Renko charts?
 

healthraj

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

Hi All,

I will open a poll to see if the tool is useful. Please vote. If the majority says it is not useful, I would rather not upload the tool.

Please vote on whatver might be your choice. I understand there are issues with the tool because first of all it is being continuosly updated with new features. And secondly i do not find time to test the tool, because some of the issues occur only during market hours. And I fix/develop the tool after the market hours...
 

sholay

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

The Google data download happens in three steps...
1. Raw data is downloaded in the sheet called "Data"
2. Then the data is cleanedup and timestamp conversion takes place in "FData".
3. The final data is copied to the destination sheets like
a. CDATA - The sheet for the basic chart data
b. 15Data - The data for 15minute charts
c. 30Data - The data for 30min charts
d. NF5minADX - The data for NIFTY flow and Renko and ADX charts
e. BNF5minADX - The data for BANKNFTY flow, renko and ADX charts

Note: Sometimes Google does not return the complete data all the time. So I have also put some logic for retry...
Raj. Data sheet in my case is totally blank. What may be the problem?
 

Similar threads