Day Trading Futures

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sir i noticed a little thing ,

1) is this afl is taking reference from future ?



2) lines coming after 3-4 bars ........see just 1 bar comes and blue lines backs upto 8 bar

This AFL does not repaint nor it looks into the future. About TDST lines( Blue and Red lines ), the lines are drawn after 9 set up bars are complete and hence it has no possibility of repainting.About yellow lines I am not sure what these lines are...

Smart_trade
 

dell

Well-Known Member
This AFL does not repaint nor it looks into the future. About TDST lines( Blue and Red lines ), the lines are drawn after 9 set up bars are complete and hence it has no possibility of repainting.About yellow lines I am not sure what these lines are...

Smart_trade
thanks sir ,
as i noticed on checking through ami , it is showing that it looks in future , pic is there ..u may check at ur end sir ..
also pratap sir solves the problem of line coming on 1st bar when 9th bar setup completes ...
thanks for pratap sir for the modification ....
 

pratapvb

Well-Known Member
thanks sir ,
as i noticed on checking through ami , it is showing that it looks in future , pic is there ..u may check at ur end sir ..
also pratap sir solves the problem of line coming on 1st bar when 9th bar setup completes ...
thanks for pratap sir for the modification ....
it is not looking into future...it is just a question of how the line is drawn

line is drawn back from 1

it should not make a difference in live trading....but in backtesting and visual check it gives false impression that s/r was there where 1 was, whereas that level became s/r only after 9 defined.....individual tastes
 

augubhai

Well-Known Member
it is not looking into future...it is just a question of how the line is drawn

line is drawn back from 1

it should not make a difference in live trading....but in backtesting and visual check it gives false impression that s/r was there where 1 was, whereas that level became s/r only after 9 defind.....individual tastes
Thanks for the clarification Pratap. :thumb: It helps. I am planning to do some backtests with ur afl later this week.
 
how can trade with this nifty future 3 min chart
That is a triangle trading range.

you have to see where is the triangle coming in. Is it coming in a trend on higher TF or is it appearing in a trading range on Higher TF.

If it is appearing in a trend, go with the trend, since one side is strong and probability favors the direction of the trend.

If it is appearing in a trading range. Do not trade it as both bulls and bears are equally in control, so probability is not in your favor.

It can be very tricky to trade a triangle, if you don't know how to read PA.
 
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