Going With The 60min Flow!!!

[KomaL2099]

Re: 60min Flow Trades for the Week: Saint's Method

No one answered. Guess I will wait for a pivot break to enter that is the safest way. Was not very comfortable with first 5 min bar rule - do not even know if that is applicable to enter with new series.

Bee

Hello Bee
I anyhow missed your post.
But yes Short trigerred on 25th at 5min low-filter. And yes reversal was done in Dec series as expiry was just two days away.
On 26th back to long. Clear pivot formed.

PS: I am talking abt Nifty.

 

[rajesh pawar]

Re: 60min Flow Trades for the Week: Saint's Method

Can any senior just post the present filter points that are being followed presently. I am following MINI NIFTY, ABAN, L&T. ABAN the filter was 20 when it was 2000. Now it is at 700. so do we still use the same filter.

 

[beethoven]

Re: 60min Flow Trades for the Week: Saint's Method

Hello Bee
I anyhow missed your post.
But yes Short trigerred on 25th at 5min low-filter. And yes reversal was done in Dec series as expiry was just two days away.
On 26th back to long. Clear pivot formed.

PS: I am talking abt Nifty.

Thanks Komal but I am talking about Aban. Please see my post http://www.traderji.com/technical-a...w-trades-week-saints-method-6.html#post256551

and chart by Pakatil above it. Maybe you can give me the advice I am seeking

Bee

 

[KomaL2099]

Re: 60min Flow Trades for the Week: Saint's Method

For the reversal based on large bar against the trend, pls see posts on 28 July 2008

http: // rapid share. de / files / 41035435/ komal_enquiry. doc. html

remove blanks before using the above link which is from a document i maintained for this.

regards,
vin

Hi Vin
Thanks for sharing it.
The only doubt I have is the rule suggest to look at 30min chart and the latest rules posted by saint Say no to 30min tf.

 

[Pattel]

Re: 60min Flow Trades for the Week: Saint's Method

Can any senior just post the present filter points that are being followed presently. I am following MINI NIFTY, ABAN, L&T. ABAN the filter was 20 when it was 2000. Now it is at 700. so do we still use the same filter.

Rajesh,
No one will post filter details here. everyone is using different filters based on their recent backtest. Suggest to take recent data and do a backtest and arrive your own filter.

 

[KomaL2099]

Re: 60min Flow Trades for the Week: Saint's Method

Thanks Komal but I am talking about Aban. Please see my post http://www.traderji.com/technical-a...w-trades-week-saints-method-6.html#post256551

and chart by Pakatil above it. Maybe you can give me the advice I am seeking

Bee

yes bee according to me latest SAR is at last bar high of 26 nov.

 

[ag_fx]

Re: 60min Flow Trades for the Week: Saint's Method

Rajesh,
No one will post filter details here. everyone is using different filters based on their recent backtest. Suggest to take recent data and do a backtest and arrive your own filter.

I am sorry to say this....but I cant understand this term "filter" ?? What are they and for what are they used? can someone please post any relevant post's link so that i can learn...

thnks

 

[Pattel]

Re: 60min Flow Trades for the Week: Saint's Method

I am sorry to say this....but I cant understand this term "filter" ?? What are they and for what are they used? can someone please post any relevant post's link so that i can learn...

thnks

Please go through parent thread of this "Going with 60 min flow" to understand what is a filter. To give you a one liner, it's the value we add or subtract to a pivot to change our trade direction.

 

[vinst]

Re: 60min Flow Trades for the Week: Saint's Method

Hi Vin
Thanks for sharing it.
The only doubt I have is the rule suggest to look at 30min chart and the latest rules posted by saint Say no to 30min tf.

As I understand, Saint cut out many nuances as there was too much discussion about them leading nowhere. But all these features can be used if one is comfortable with them. Saint would be happier (I guess !)

regards,
vin

 

[ag_fx]

Re: 60min Flow Trades for the Week: Saint's Method

Please go through parent thread of this "Going with 60 min flow" to understand what is a filter. To give you a one liner, it's the value we add or subtract to a pivot to change our trade direction.

Thanks a lot for your reply. I was going thru the thread(mother thread), but it has over 800 pages of discussions and most of the discussions are on trades that people took in past. i cant really gain anything out of that.

Here is my perception of the filter. Kindly correct me wherever I am wrong.

Filter is a kind of error margin or pading that we keep for ourselves. THus, for example, if we have our stops for Long at break of say 2900 levels, then we will keep our stops at 2900-filter, so that we are sure that we are stopped.
It is a kind of tolerance limit that we put to our trades.

Am i right? If yes, are there any general observations on filter sizes?

thanks a lot