General Trading Chat

vivektrader

In persuit of financial independence.
Bajaj Finance ,Asian Paints buy signal was on completion of TD setup 9 and also TD countdown 13 so it was showing reversal of the downtrend and start of new uptrend.

The difference between buying on TD Setup 9 and TD set up 9 plus TD countdown 13 is posted in my post above.

ST
Sir,
When using TD setups on hourly time frame, do we need to alter hourly time settings in Ami, like when should first hour candle close? 10:15?
And what about the last candle of the day, will it represent last 15min (3:15 to 3:30)?
 
Sir,
When using TD setups on hourly time frame, do we need to alter hourly time settings in Ami, like when should first hour candle close? 10:15?
And what about the last candle of the day, will it represent last 15min (3:15 to 3:30)?
Strictly it should be 9:15 to 10.15....and so on and the last bar will be 3:15 to 3:30 ...but even if you take first bar as 9:15 to 9:30 and the subsequent bars at 9:30 to 10:30 and so on...do it consistantly...it evens out giving very little difference.

Smart_trade
 

vivektrader

In persuit of financial independence.
Strictly it should be 9:15 to 10.15....and so on and the last bar will be 3:15 to 3:30 ...but even if you take first bar as 9:15 to 9:30 and the subsequent bars at 9:30 to 10:30 and so on...do it consistantly...it evens out giving very little difference.

Smart_trade
sir,
after completion of 13 bar countdown after a buy setup, should the entry be at close of first bullish bar after 13 bar countdown or above the high of it?
 
sir,
after completion of 13 bar countdown after a buy setup, should the entry be at close of first bullish bar after 13 bar countdown or above the high of it?
There are 3 ways to enter the trade depending on agressiveness of the entry. The best I found was after 13 CD completion, buy when the day's close > open.

ST
 

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