Going with the Intraday Mini-Flow!!

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lvgandhi

Well-Known Member
Dear saint,
Will SAR change to 3721+7=3728 based on 11:00 bar or will remain 3743 based on pivot of 10:30 bar?
 

uthuman

Active Member
Yes novice1, it is a concept of moving filter so it moves with every bar and not stationary on 1st bar.

We go to the examples First Saints reply to LVG's querry :

1)Bar 1 H=4172,L=4157 so in the next bar either 4172+14=4186 has to break upside or 4157-14 =4143 has to break on downside,we are taking 14 on bothsides as we do not know whether the first move is upmove or downmove.

2)Bar 2 H=4180, L=4149 so neither long nor short enrty is triggered.But we now know that the 1st move of the day is upmove.

3) In bar 3,either 4180+14=4194 should be taken out or 4149-7 (note here it is 7 now and not 14 as the down move if it comes is a second move)=4142
Bar 3 H=4187 and L=4165 so no entry in any direction.

Best Wishes,

Smart_trade
Hello ST, How did u say that the 1st move of the day is upmove. The second bar's creates HH&LL. Please explain.
 
Hello ST, How did u say that the 1st move of the day is upmove. The second bar's creates HH&LL. Please explain.
Good point,uthuman. I did not see this !!!Now I also see that both HH and LL is done by exact 8 points.

We leave it to Saint to explain.

Thanks and best wishes,

Smart_trade
 
Dear Saint

Please do clarify this > In case of NF we have 4 down bars in the 30 min as the first move which is down. Now if the 5 th bar i.e 12 o clock bar trades 7 points above 4 th bar high of 3699, do we assume a reversal second move and go long at 3706 or stick to SAR at 15 min pivot of 3736 +7 = 3743.
 
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