Going with the Intraday Mini-Flow!!

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Re: Intraday Miniflow Trades for Today: Saint's Method

Miniflow Trades for the day: 27 and 28 JAN 09

27 Jan

Moving filter keeps us out of longs after the opening bar. But we eventually go LONG over the congestion above the next 2 bars...ie 2728+filter. Adds trigger later on crossing the pivot highs.....and preofit booking at end of day as per individual plan.

28 Jan

Long above the pivot high of 2799 with smaller filter.....add above the next bar high and profit booking at end of day.

Both these were days of least activity and good profits.

Rakesh


 

pleaseharsh

Well-Known Member
Re: Intraday Miniflow Trades for Today: Saint's Method

rakesh sir / seniors
want to ask one question ?
when we enter trades on break of pivots ....do we need to use the same filter (high/low pivots ) as we use for moving filter or should we go for bit less or more...?
i know it depends on individuals/ sujective...but wt u recomend ..pls comment ..
regards
harsh
 
Re: Intraday Miniflow Trades for Today: Saint's Method

rakesh sir / seniors
want to ask one question ?
when we enter trades on break of pivots ....do we need to use the same filter (high/low pivots ) as we use for moving filter or should we go for bit less or more...?
i know it depends on individuals/ sujective...but wt u recomend ..pls comment ..
regards
harsh
Harsh,

We use 2 filters in miniflow for a trade to trigger.

Filter (F), initially we used 14.
This filter we use initially to get movement bias.. just after the first 5min
As we are not very sure of the direction it will move, so its big enough to avoid the normal vibrations of small whipsaws.

Small Filter (SF), intially we used 7.
This we use later in the day, when we have confirmed pivots, or some proper movement. As we know which direction the movement is and how its moving, so a smaller filter can be used.

regards.
 

pleaseharsh

Well-Known Member
Re: Intraday Miniflow Trades for Today: Saint's Method

though rakesh sir has already mentioned as in today's trade (pivot high + small filter)..just wanted to clear myself overall...

very spot & logical answer dhakkan...cheers.....
 
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