Crudeoil Intradday Trades based on GANN Square 9 Strategy

[sparun]

Thanks.....i use trade tiger from sharekhan...it shows i hr candle only in round figure....11 ,12, 1.....
How to do in that case?

use 30 min candle

 

[learnthemarket]

Sir, what is the strike rate of this method over the period of last 2 years ? Please tell. Thank you

 

[madhavareddy1203]

At least say thanks now.....

I already explain how to use this afl with gann.. plz read my previous messages and understand... depending color of candle take trade.

enjoyyyyyyyyyyy...

//Candles or bars colored by trend
//identifying trends with EMA and MACD




Period = Optimize("Period", 17, 2, 200, 1);
EMACALC = EMA(C, Period);

cond1 = Close > EMACALC AND MACD() > Signal();
cond2 = Close > EMACALC AND MACD() < Signal() OR Close < EMACALC AND MACD() > Signal();
cond3 = Close < EMACALC AND MACD() < Signal();
 
 
 
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
SetBarFillColor(IIf(Cond1,ParamColor("Candle UP Color", colorGreen),IIf(Cond3,ParamColor("Candle Down Color", colorRed),colorBlack)));
 Plot(C,"\nPrice",IIf(cond1,ParamColor("Wick UP Color", colorDarkGreen),IIf(cond3,ParamColor("Wick Down Color", colorDarkRed),colorBlack)),64,0,0,0,0);
//Plot( C, "Close", ParamColor("Color", colorgreen ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();


//============== TITLE ==============
_SECTION_BEGIN("Title");



Title = EncodeColor(colorGold)+ "GRAFICO BASICO" + EncodeColor(colorRose)+" (" +  Name() + ") " + EncodeColor(colorGold)+ Interval(2) + 
 "  " + Date() +" " +" •  Open "+WriteVal(O,1.20)+"  •  "+"High "+WriteVal(H,1.20)+"  •  "+"Low "+WriteVal(L,1.20)+"  •  "+
"Close "+WriteVal(C,1.20)+"  • Variação R$ = " +WriteVal(C-Ref(C,-1),1.20,0)+"  • Variação % = " +WriteVal((C-Ref(C,-1))*100/Ref(C,-1),1.2)+ "%  •  Volume = "+ WriteVal(V,1.0);

 

upbar = COND1;
downbar = COND3;
 
/* Colourized price bars drawn here */
Graph0 = Close;
Graph0Style = 64;//number 64 = candlestick or 128 = bar;
 
barcolor = IIf( downbar, 4, IIf( upbar, 5, 20 ) );//number 4 = red, number 5 = green and number 42 = yellow;
Graph0BarColor = ValueWhen( barcolor != 0, barcolor );

 
 _SECTION_END();
 
 Plot(EMACALC, "EMACALC", colorBlack, styleLine,0,0,0,0,2);

 

[ankur07090]

Really appreciate for this kind of info. I am testing with ur method in sharekhan but it's time is 10, 11, 12...
anyway i will try with different time frame:thumb:

 

[ankur07090]

one question madhav, do we really need afl or charting software for this type of strategy.
means we know the opening price and closing price of 1 hour candle and we have to use GANN calculator manually. so can we take trade on these basis...?

or your afl have different meaning ?

 

[umeshmandal]

//Candles or bars colored by trend
//identifying trends with EMA and MACD




Period = Optimize("Period", 17, 2, 200, 1);
EMACALC = EMA(C, Period);

cond1 = Close > EMACALC AND MACD() > Signal();
cond2 = Close > EMACALC AND MACD() < Signal() OR Close < EMACALC AND MACD() > Signal();
cond3 = Close < EMACALC AND MACD() < Signal();



_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
SetBarFillColor(IIf(Cond1,ParamColor("Candle UP Color", colorGreen),IIf(Cond3,ParamColor("Candle Down Color", colorRed),colorBlack)));
Plot(C,"\nPrice",IIf(cond1,ParamColor("Wick UP Color", colorDarkGreen),IIf(cond3,ParamColor("Wick Down Color", colorDarkRed),colorBlack)),64,0,0,0,0);
//Plot( C, "Close", ParamColor("Color", colorgreen ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();


//============== TITLE ==============
_SECTION_BEGIN("Title");



Title = EncodeColor(colorGold)+ "GRAFICO BASICO" + EncodeColor(colorRose)+" (" + Name() + ") " + EncodeColor(colorGold)+ Interval(2) +
" " + Date() +" " +" • Open "+WriteVal(O,1.20)+" • "+"High "+WriteVal(H,1.20)+" • "+"Low "+WriteVal(L,1.20)+" • "+
"Close "+WriteVal(C,1.20)+" • Variação R$ = " +WriteVal(C-Ref(C,-1),1.20,0)+" • Variação % = " +WriteVal((C-Ref(C,-1))*100/Ref(C,-1),1.2)+ "% • Volume = "+ WriteVal(V,1.0);



upbar = COND1;
downbar = COND3;

/* Colourized price bars drawn here */
Graph0 = Close;
Graph0Style = 64;//number 64 = candlestick or 128 = bar;

barcolor = IIf( downbar, 4, IIf( upbar, 5, 20 ) );//number 4 = red, number 5 = green and number 42 = yellow;
Graph0BarColor = ValueWhen( barcolor != 0, barcolor );


_SECTION_END();

Plot(EMACALC, "EMACALC", colorBlack, styleLine,0,0,0,0,2);

******************************

Thanks for the above EMA !
If you find time, please confirm whether I have clearly understood the trade strategy:

Now after applying this AFL, we watch the hourly candle, if it has Closed Positive , we look for a BUY level in Gann Square of 9 after applying the closing level of the Candle in it! SL also as per Gann. Its the target that is fixed at 10 points. Just the opposite for SELL: we need a Candle closing Red (Down/Negative)!
After target is met we wait for another Candle to close and look for Gann levels as before.
If the trade as per Gann level is not triggered before the close of next candle, we apply the current candle's close to get the fresh Gann levels! The previous Gann levels are null!
If the trade is triggered and Target or SL hit, we again wait for a New hourly candle to close and trade again with new targets.
Max 5/6 trades per day should be attempted!

 

[madhavareddy1203]

Yes AFL need to identify trend.

Umesh explained correctly..... all also test and post ur responces.

 

[Sammy.Young]

use 30 min candle in trade tiger instead of 1 hour and take closing price of 30 min candle

Thanks buddy...but color of candle will be undecided.....if only price is requiresd, I can take price from ODIN also every hour....in one hour, two 30 minutes candle can be of same color or different colors....
Any Suggestion to resolve this?

 

[ankur07090]

Yes AFL need to identify trend.

Umesh explained correctly..... all also test and post ur responces.

Hi Madhav,

Not getting ur point correctly, Color of candle will be green if closing price is more than opening point. Am i right
I am asking it because i don't have Amibroker and i am using sharekhan Trade tiger.

 

[chandrujimrc]

Dear Friends,How to trade to get second and third,fourth targets by using Gann calculator?What is the S/L after first tgt?