Day Trading Stocks & Futures

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Pratap bhai,

after market hours if you get time, I have doubt in this 60-13 range what is it? I have not started to read your vwap thread completely, little tied up with al brooks series, once done will start your VWAP thread. If this 60-13 is related to that thread I will learn from it and clarify myself, if its not please advice.
60-13 is a band created using ema of high and low rather than close

so upper line is 13ema high of 60min TF and
lower line is 13ema of low of 60min TF
 

Tlahuicole

Well-Known Member
re: Day trading Nifty & Banknifty Futures

60-13 is a band created using ema of high and low rather than close

so upper line is 13ema high of 60min TF and
lower line is 13ema of low of 60min TF
Okbhai,

So we need to put these two ema lines in 60 min chart of BNF and also 21MA in 60 min(ie) hrly chart and if this 21MA is within these 13ema(high) and 13ema(low) lines it will be a whipsaw period, is my understanding correct?

So in this case we need to check hourly chart to see if its whipsaw period, is my understanding correct or completely wrong :mad:
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Okbhai,

So we need to put these two ema lines in 60 min chart of BNF and also 21MA in 60 min(ie) hrly chart and if this 21MA is within these 13ema(high) and 13ema(low) lines it will be a whipsaw period, is my understanding correct?

So in this case we need to check hourly chart to see if its whipsaw period, is my understanding correct or completely wrong :mad:
the brown lines are put on 3min chart with my AFL :)

I am too lazy to switch TFs.....easier to write AFL :D
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

BNF today

 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

BNF nice day till now

I have basically been selling +1SD / brown high....and buying -1SD / brown low

 

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