Going with the Intraday Mini-Flow!!

[jatayoo]

Re: Saint's Intraday Miniflow - live discussion

Those who are interested in options can go long in 3600 puts....

ST

Good idea thanks
I wish i were 20 years younger to take this up.:clapping::clapping:

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

no jatayoo ji ,

we will not change filter based on one failed trade..if we use this big filter it may effect our R:R..

we used to backtest every month & acc to me current filter works fine..

failure are part of every trading system but one thing is that loss will always be on our initial position...

vineet[/QUODear Vineet
Pl comment on this part : ---
"Thanks Saint Sir
Thanks Vineet
The concept and the error made by me is clear now.
I just want to share a thaught with you after thinking over the matter during the night. Sorry, if it wrong once again.But, perhaps this question may come up again.
1) On a 'gap up' day do not go short untill the 'gap' is filled and broken by the 'sf'.The 'gap' itself is a pretty good filter.
2) On a 'gap down' day do not go long until the gap is filled and broken by the 'sf'.
Yesterday, was a gap up day.Most of the charts seen by me have the same frustrating pattern with a little variation here or their.
For the 'NF' i switched the TF to the 60 min and have kept the position open which i intend to manage today on the same TF. ":clapping::clapping:

Jatayoo ji,

The thing you said is absolutely correct. We at most times end up in loss on the first trade which initiated against the gap, especially from the second bar.

The solution as you said, the second point can be adapted too to prevent such a trade.

We need to thoroughly check many months charts to take it as a tweak or you can take this tweak as a personalisation of you mini-flow trading.

I think such loosing trades are not many...and also we will be looses some interesting trade if apply this tweak.

In-short...need through back testing for finalise.

Jatayoo...you can try this on the coming days and give us results of this tweak after 4 or 5 months.

Best wishes,

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

Dear Flock
What is a wrong tick???
How does one use it ?
Pl let me know about as it is a gap in my information stored in my " GREY MATTER":clapping::clapping:

Wrong tick means a violent tick usually happens in the opening of trade.
The thing we need to do over this wrong tick...is just to avoid that tick from calculations for example see the chart of April 22nd BANK NIFTY FUTURES... the first bar is a "MONSTER WBR", opening @ 4535 and high @ 4950, but if you look at the tick list of this bar you can find some first ticks of this bars were violent and not justifiable and the first 5 min low crack was not a one, so we ignored the first few ticks and shorted from there.

You can simply identify the wrong ticks...just by going to the tick list.

 

[Smart_trade]

Re: Saint's Intraday Miniflow - live discussion

Hi ST da

Rules posted in KISS like Mcgrath :thumb:

Thanks Ajax, will study and come back to you if anything is not clear....

Best wishes,

Smart_trade

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

my amibroker is showing the time of close is 9.55.59, 10.55.59, 11.55.59 so how to solve this problem? plz help

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

Deleted...

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

my amibroker is showing the time of close is 9.55.59, 10.55.59, 11.55.59 so how to solve this problem? plz help

try this out...
tools ->preferences->intraday -> select 'End time of interval' radio button if not selected...click apply ->ok ....now it should start from 9.59.59

 

[RealWaveTrader]

Re: Saint's Intraday Miniflow - live discussion

Friends,

Like this thread is there any live discussion thread for 60 Min flow. Please help.

 

[Flock]

Re: Saint's Intraday Miniflow - live discussion

Dear Flock
What is a wrong tick???
How does one use it ?
Pl let me know about as it is a gap in my information stored in my " GREY MATTER":clapping::clapping:

Dear Jatayoo Sir,

Will add this example to Hari's reply to illustrate.

Here is the tick list for Mini on Fri:

095506,3675.10,20.00
095510,3700.00,20.00
095514,3703.10,20.00
095518,3703.50,20.00

See the first two ticks, price started moving smoothly only from the second tick. The first one is just stray. Whether to ignore the wrong tick or not is something I am not too clear about.

What I do is compare it with Nifty ticks and then ignore it if it looks way out of place and keep a larger filter on that side. That larger filter prevented me from entering short till the pivot cracked.

Rgds

 

[jatayoo]

Re: Saint's Intraday Miniflow - live discussion

Wrong tick means a violent tick usually happens in the opening of trade.
The thing we need to do over this wrong tick...is just to avoid that tick from calculations for example see the chart of April 22nd BANK NIFTY FUTURES... the first bar is a "MONSTER WBR", opening @ 4535 and high @ 4950, but if you look at the tick list of this bar you can find some first ticks of this bars were violent and not justifiable and the first 5 min low crack was not a one, so we ignored the first few ticks and shorted from there.

You can simply identify the wrong ticks...just by going to the tick list.

OK
THANKS
Perhaps it is one of the reasons for violent openings seen at times.:clapping: