General Trading Chat

XRAY27

Well-Known Member

princy01

Well-Known Member
Bole tu bhery laborious upmove......

ST
ok sir

i got a serious query , if i want to become only carry option trader and option trade in whole month come 3-4 at max ................what would a trader like me do all day when there is no trade at all , how do trader keep busy and still focused like this ?

regards
 

wisp

Well-Known Member
i'm using this from amibroker library ...as a support to my demand and supply and along volume divergence...if you don't know the knowledge of VPA then this afl is of no use,there is lot afl for VPA ,but this suit for my study...i don't know that this is already there in the forum...

This is much advanced (VPA) .. this is what i can say ;)
KM's afl looks like this

 
ok sir

i got a serious query , if i want to become only carry option trader and option trade in whole month come 3-4 at max ................what would a trader like me do all day when there is no trade at all , how do trader keep busy and still focused like this ?

regards
Listen to music,chit chat on TJ,read books .Most swing traders also do a few intraday trades .

ST
 

wisp

Well-Known Member
share AFL please

regards
Code:
//Indicator Buy and sell pressure
// By Karthik Marar - www.karthikmarar.blogspot.com
// Public release for personal use only.
//Please do not commercialize this indicator in its original or modified form
_SECTION_BEGIN("Buy & Sell Pressure - Raw - V.1.0");
SetChartOptions(0,chartShowArrows|chartShowDates);
sp 		= H-C;
bp 		= C-L;
bpavg 	= EMA(bp,80);
spavg 	= EMA(sp,80);
nbp 	= bp/bpavg;
nsp 	= sp/spavg;
diff 	= nbp-nsp;
diffcolor = IIf(diff>0,colorGreen,colorOrange);
Varg = EMA(V,80);
nv = V/Varg;
nbfraw = nbp * nv;
nsfraw = - nsp * nv;
nbf = EMA(nbp * nv,20);
nsf = EMA(nsp * nv,20);
SetBarFillColor(colorGreen ); 
PlotOHLC(0,nbfraw,0,nbfraw,"",colorLime, styleCandle ) ;
SetBarFillColor(colorRed ); 
PlotOHLC(0,nsfraw,0,nsfraw,"",colorOrange, styleCandle ) ;
_SECTION_END();
_SECTION_BEGIN("Title");
if( Status("action") == actionIndicator ) 
(
Title = EncodeColor(colorWhite)+ "Buy & Selll Pressure - Raw V.1.0 " + " - " +  Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
 "  - " + Date() +" - "+"\n" + EncodeColor(colorYellow) + "Raw Buying pressure = "+ EncodeColor(colorLime) + WriteVal(nbfraw)+
"\n"+ EncodeColor(colorYellow) + "Raw Selling pressure = "+ EncodeColor(colorRed) +  WriteVal(nsfraw));
_SECTION_END();
Code:
//Indicator Buy and sell pressure - Smoothed with Histoggram
// By Karthik Marar - www.karthikmarar.blogspot.com
// Public release for personal use only.
//Please do not commercialize this indicator in its original or modified form
_SECTION_BEGIN("Buy & Sell Pressure - Smoothed with Histogram - V.1.0");
SetChartOptions(0,chartShowArrows|chartShowDates);
sp = H-C;
bp = C-L;
bpavg = EMA(bp,80);
spavg = EMA(sp,80);
nbp = bp/bpavg;
nsp = sp/spavg;
diff = nbp-nsp;
diffcolor = IIf(diff>0,colorGreen,colorOrange);
Varg = EMA(V,80);
nv = V/Varg;
nbfraw = nbp * nv;
nsfraw = nsp * nv;
nbf = EMA(nbp * nv,20);
nsf = EMA(nsp * nv,20);
Plot(nbf,"Buying Pressure",colorTurquoise,1|styleThick);
Plot(nsf,"selling Pressure",colorYellow,1|styleThick);
diff = nbf-nsf;
diffcolor = IIf(diff>0,colorGreen,colorRed);
SetBarFillColor( diffcolor ); 
PlotOHLC(0,diff,0,diff,"Force",IIf(diff>0,colorLime,colorOrange), styleCandle | styleOwnScale ) ;
_SECTION_END();
_SECTION_BEGIN("Title");
if( Status("action") == actionIndicator ) 
(
Title = EncodeColor(colorWhite)+ "Buy & Selll Pressure - Smoothed with Histogram V.1.0 " + " - " +  Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
 "  - " + Date() +" - "+"\n" + EncodeColor(colorYellow) + "Raw Buying pressure = "+ EncodeColor(colorLime) + WriteVal(nbf)+
"\n"+ EncodeColor(colorYellow) + "Raw Selling pressure = "+ EncodeColor(colorRed) +  WriteVal(nsf)+
"\n"+ EncodeColor(colorYellow) + "Force = "+ WriteVal(diff));
_SECTION_END();
 

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