General Trading Chat

[amandeep86]

NF

the simplest rule I find for intraday

15min AMA

1. no longs below the band and no shorts above the band
2. exit (I use 5min ama BO/BD if far from 15min ama band) or partial profit taking as suitable. btw I book 1/3rd to half on 20pts in NF and only trail rest for trend

showing below the band and 5min BO bar trigger. trigger basis could be 5min BO bar with BO bar as SL, or could be 3min or 2min pvt above/ below band for entry as convenient

showing compressed view to show more number of days

for profit taking other s/rs like 2day vwap and 5 day vwap levels etc can help

Bro,

Are for 5 TF intraday are we using default period of 30 on 15 TF HTF??

Also it doesnot work on option Charts of value below 100 ??Do i neeed to change some settings?

 

[vikas2131]

he may be referring to just AMA of close

I found this modification of using a band created by AMA of high and low useful.... it does not lag too much ... holds the trend when there is a trend and gives potential sideways region i.e. the
band (with AMA of high and low)

so the trade entry is not too late nor too early etc

and last but not the least it is making me money after lot of other R&D. of course I do use s/rs like 2day and 5day vwap levels ... noise band around open etc

exactly.. i was about talking the same stuff yesterday in this thread itself..people consider afl like buy and sell buttons.. common ppl it does nt work that way..u have use ur own stuff too..

 

[sherbaaz]

regds,
s

tgt done.

regds,s

 

[vikas2131]

Stock have corrected so deeply that even after few stocks rising 3-4 % ..i m still getting any buy signal...

 

[pratapvb]

Bro,

Are for 5 TF intraday are we using default period of 30 on 15 TF HTF??

Also it doesnot work on option Charts of value below 100 ??Do i neeed to change some settings?

yes the period and noise params are 30 and 5. I never change that

15min band for intraday trend

I use 2min pvt also sometimes and / or 5min BO bar

 

[amandeep86]

yes the period and noise params are 30 and 5. I never change that

15min band for intraday trend

I use 2min pvt also sometimes and / or 5min BO bar

Does band formation depends on value of scripts .

If used on cash scripts / options band is not displaying below 100

 

[rahulmalik]

AMA is adaptive moving average as designed by Kauffman

it moves fast when there is a trend and moves slowly when there is a pb / sideways (no trend) price action

Pratap bhai - is it the same as Variable MA ? I have tried using VMA, the MA lines look like the same to me.

 

[pratapvb]

Does band formation depends on value of scripts .

If used on cash scripts / options band is not displaying below 100

possible that the formula could be having problems for small values. I think another situation comes when the high or low or close of two adjacent bars are exactly equal.

 

[pratapvb]

Pratap bhai - is it the same as Variable MA ? I have tried using VMA, the MA lines look like the same to me.

could be...somebody could have shared it calling it variable MA.

will have to look at the formula to confirm

 

[amitrandive]

Spot Nifty 5 min

Slowly inching upwards with pullbacks on 20EMA.