Going with the Intraday Mini-Flow!!

[metushar]

Re: Saint's Intraday Miniflow - live discussion

Good morning all

Thank you all for the wishes, though I am getting married in next year beginning, I am getting paranoid about my way of life.......and thts why I posted.......dusro ko batane se dukh kum ho jata hai

 

[Mangafreakz]

Re: Saint's Intraday Miniflow - live discussion

@ Senior users
How do u decide on the filter by using the charts , for example if I want a filter for Unitech , what should I do ?
Thank you.

 

[lvgandhi]

Re: Saint's Intraday Miniflow - live discussion

Good Morning to All
NF High 4499.9 Low 4479.5
BNF High 7549.8 Low 7480

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

@ Senior users
How do u decide on the filter by using the charts , for example if I want a filter for Unitech , what should I do ?
Thank you.

This is the post about how to figure out filter value of a stock by ST Sir...

Hitesh and bijo,

About filters ,let us see how we decide the value of the filter.We are aware that market is a continuously changing entity and daily movement of a stock or Index change,volatility changes,markets undergo periodic bouts of inflation and deflation. In such changing environment,how can our filter be the same ? Nifty Future at 3000 is a different animal than NF at 4500......

Best way to decide the filter value is open the chart in the timeframe you trade....in miniflow it is 30 min....and study last 1 month's period, mark all the pivot high and pivot low breakouts which have failed also WRB breakouts which have failed....here have failed means that breakout level was crossed but market did not continue in the direction of the breakout and it reversed. In each failure breakout,notedown the points by which market exceeded the breakout level but failed to go in that direction. Catagorise them into following :

Points by which B/O level exceeded No of cases

0-5 ....... 7

5.05-10 ...... 12

10.05-15 ...... 15

15.05 -20 ...... 3

20.05 -30 ...... 2

30.05 and above ....... 1

------
TOTAL .... 40

Now comes the art part. You will see that if you keep 15 as your filter, you will eliminate 7+12+15 =34 false breakout cases out of total 40 ,pretty good elimination. If you want to eliminate 100 % , you have to keep filter of 30 and above and you will loose 15+15 ( 15 at entry and 15 at exit ) points in each trade extra, to eliminate those 6 cases which fall beyond 15 filter.

So in our hypothitical case above,filter of 15 will wliminate 85% of all false breakout cases.....pretty good score...we are happy with that balance 6 false trade we will take with a smile on our face...

One can do this once in a month and that value remains constant for a month .....

Hope the above process is clear...

Best wishes,

Smart_trade

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

gm all..
mini: h=4499 ,l=4480.80

 

[HEM]

Re: Saint's Intraday Miniflow - live discussion

Good morning to all
&
Best wishes to all :thumb:

NF:-
H - 4499.90
L - 4479.50

Mini NF:-
H - 4501
L - 4480.80

Bank NF:-
H - 7549.80
L - 7480

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

Could someone tell me how i can reach Haribird? Need yesterdays Esignal data.

 

[Mangafreakz]

Re: Saint's Intraday Miniflow - live discussion

@Amit sir
http://www.traderji.com/day-trading/28225-basic-setup-required-related-issues-daytrading.html
If u post here , I think u can reach him as he is a regular poster in that thread.

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

deleted fr wrong thread

 

[HEM]

Re: Saint's Intraday Miniflow - live discussion

Could someone tell me how i can reach Haribird? Need yesterdays Esignal data.

Amit now Haribird = TFL