Day Trading Futures

[Kavipriy]

oh sorry I posted Constant Range Bar chart

not exactly renko as these can have overlapping bars

here a new bar is opened when the range of the bar becomes specified limit (here 13) and then both high / low as per price....but moment range = 13, bar closed and new bar starts and so forth

so each bar has open = close of prev bar and close of a bar is either at the high or low of that bar (as bar is closed when range limit is reaced)

I use 13 for bnf as ATR of bnf 3min is around 13

P.S. Amibroker creates CRB charts if you have tick data....as I had only 1min base data, I wrote AFL to simulate CRBs from 1min with some assumptions

Wow pratap. can you please share that AFL here as I was looking for something like this. I trade BNF CRB RD method. It would be very helpful

 

[pratapvb]

Wow pratap. can you please share that AFL here as I was looking for something like this. I trade BNF CRB RD method. It would be very helpful

hesitant to share that....It took me more than 6months to code it and you know how quick I am with writing code

 

[nirav_j]

oh sorry I posted Constant Range Bar chart

not exactly renko as these can have overlapping bars

here a new bar is opened when the range of the bar becomes specified limit (here 13) and then both high / low as per price....but moment range = 13, bar closed and new bar starts and so forth

so each bar has open = close of prev bar and close of a bar is either at the high or low of that bar (as bar is closed when range limit is reaced)

I use 13 for bnf as ATR of bnf 3min is around 13

P.S. Amibroker creates CRB charts if you have tick data....as I had only 1min base data, I wrote AFL to simulate CRBs from 1min with some assumptions

bahut krantikari ... Bahuut krantikari ... :thumb:

 

[Kavipriy]

hesitant to share that....It took me more than 6months to code it and you know how quick I am with writing code

Ok Pratap no problem. I too tried a lot to code that earlier but was unable to do so. Now using Ami 5.4 as it draws better range bars as compared to 5.6. Also wasted a lot of money and energy to find tick rt data provider but no providers in India provide that.

 

[pratapvb]

BNF

 

[pratapvb]

NF

 

[Option.Trader]

Not just Gann, Bradley too - on 22nd

Looks like Bradley and Gann didn't keep up to their dates. More a case of fitting the curve. There are other time price charts that look interesting, but not sure if it could be tradable

 

[augubhai]

P.S. Amibroker creates CRB charts if you have tick data....as I had only 1min base data, I wrote AFL to simulate CRBs from 1min with some assumptions

Pratap,

Use ami version 5.40 to create CRB from 1 min data. Performance-wise, it is better than looping.

v5.40 compresses 1 min data into CRB - meaning it adds up (hhv(h,n)-llv(l,n)) ranges on 1 min bars, until it gets the defined CR. So most bars will be slightly bigger than the CR, but some will be really big.

 

[bapu4]

stayed clear of axis today due to news, but decent points in tatasteel with only one lot , was saving my heavy artillery for jp due to its dead cat bounce behaviour but it is acting like dead horse today, may be turn to axis after 2.30

Hi Divyedix,
I see you were in tatasteel It had come to 351 yesteraday can you tell me exactly what made you to go long.
Tx

 

[pratapvb]

Pratap,

Use ami version 5.40 to create CRB from 1 min data. Performance-wise, it is better than looping.

v5.40 compresses 1 min data into CRB - meaning it adds up (hhv(h,n)-llv(l,n)) ranges on 1 min bars, until it gets the defined CR. So most bars will be slightly bigger than the CR, but some will be really big.

yes bars are irregular in size as it does not split 1 min bars. I have done that based on some assumptions.

also gives problems in EOM moves / WRB / gaps as it does not split them into multiple bars

for e.g. if there is a 130 pt gap or bar and you have crb13 then it should create 10 crb bars...it doesn't ....so technically they are not true CRBs

as far as speed is concerned.....I have param to decide no of bars to convert....so I rougly convert only last 3-5 days to crb as that is only my interest to affect proper MA.....the idea is that MAs do not have lag with crbs as in WRBs there are multiple bars and hence MA moves up quickly

all handled....that is why it took so much time