Day Trading Futures

[augubhai]

NF

Hi Pratap,

What are those red and blue dotted lines that look like Chandelier exits? What is the formula for them?

 

[futures]

Hi Pratap,

What are those red and blue dotted lines that look like Chandelier exits? What is the formula for them?

It is also called as 'ATR Trailing stop'. Was introduced in forex world in early 2000's to trail stoplosses. It is also seen here in India with the name - "Super trend". Not sure who, but someone took ATR trailing stop indicator and changed the name as 'Super trend' :rofl:

AFLs are readily available for this indicator.

 

[Pradeep Narayan]

Another dull day.. both AMBCEM and HDIL stopped out... lesson learnt - never venture out of NF without proper understanding!!
Will await 2.30 factor now..

 

[throwawayacc123]

Looks like another disappointing day....This whole week except for Monday has been disappointing...just chop chop and more chop....

 

[pratapvb]

Hi Pratap,

What are those red and blue dotted lines that look like Chandelier exits? What is the formula for them?

I just put my bands on top of super trend...those dots are put by super trend AFL

 

[dell]

I just put my bands on top of super trend...those dots are put by super trend AFL

sir in most of cases it is a plain line or a thick line , which line plots dotted one sir ?
can u paste here that line ......

 

[nirav_j]

A TD Buy setup is in progress on the Hourly @ 6 for the hour ending at 1pm.

IF it continues, the 3pm bar could be a 9.

 

[pratapvb]

sir in most of cases it is a plain line or a thick line , which line plots dotted one sir ?
can u paste here that line ......

it is just plotting with style dots and noline

Plot(TrendUp,"Trend",colorBlue,styleDots|styleThick|styleNoLine);
Plot(TrendDown,"Down",colorRed,styleDots|styleThick|styleNoLine);

 

[Tlahuicole]

Will BNF start moving I don't want to end friday with loss :annoyed:

 

[augubhai]

Will BNF start moving I don't want to end friday with loss :annoyed:

Just checked my status after I saw ur message.

For me this week, only Monday was a winner. All other days were losers.

For this series, my trading capital was down -7% by Mar 3rd, then went up to +10.5% on 10th March, and now around breakeven. It's swinging a lot.

Is this called swing trading?