Going with the Intraday Mini-Flow!!

[orderflow13]

13=00 bar should atleast break 3237=75

seems typo ,... u mean 3237 + 7
but its for adds .. if we break by 1 p then its valid pvt brk on chart isnt it ?

 

[Sunil]

here's the extract....

THE 4 BAR RULE - METHOD OF SHIFTING TRAILING STOPS IN ABSENCE OF PIVOTS

Illustration (with a short position)

BAR 1 forms.

BAR 2 LH-LL .......Short triggered below BAR 1 with room.Stops above high of BAR1

BAR 3 LH-LL.......Nothing to be done.Stops where it was.

BAR 4 LH-LL.......Nothing to be done till it is completed.After the end of the 4th Bar,move stops to the high of BAR 2.

From here,2 possibilities:
a) BAR 5 does not make a LL,keep stops at high of BAR 2.
b) BAR 5 makes a LL,then move stops to the high of BAR 3.

So on so forth for Bar 6.

AS MENTIONED ABOVE, THIS IS TO BE DONE WHEN THERE ARE NO PIVOTS FORMED IN THE LOWER TIME FRAME CHART ALSO (15/20 MIN) TOO...

IF THERE IS A PIVOT FORMED IN THE LOWER TIME FRAME CHART, THEN PREFERENCE WILL BE GIVEN TO SUCH PIVOT FORMED.

CONDITIONS:
1. 4th bar needs to make a HH (for longs), or LL (for shorts)
2. 4th bar should be completely formed
3. no pivot in lower TF 15/20 min



as of now, the current bar has not even made a HH.... so, no question of shifting SAR

 

[Smart_trade]

seems typo ,... u mean 3237 + 7
but its for adds .. if we break by 1 p then its valid pvt brk on chart isnt it ?

No Alex,if it breaks 3237=75 then we can consider 2 bars rule

 

[vpsarathy]

may be not. Deviation from rules takes its toll in long run.

boy !!! all robots jumping on same conclusion

Robots here are like Multiplet babies. If one screams all will scream in unison.
vps

 

[Smart_trade]

We will be completing an hourly bar at 13=00 ,We can now bring SAR to low of this bar -7 on 60 min bar low rule

 

[orderflow13]

No Alex,if it breaks 3237=75 then we can consider 2 bars rule

ST
didnt get 75 part ??

 

[Smart_trade]

ST
didnt get 75 part ??

High of 12=30 bar is 3237=75

 

[myvineet]

High of 12=30 bar is 3237=75

oh ho .. u mean to say 3237.75

 

[lvgandhi]

We will be completing an hourly bar at 13=00 ,We can now bring SAR to low of this bar -7 on 60 min bar low rule

What is this 60 min bar rule?

 

[jace48]

Friends,

I am having problems with my charting. Can somebody please post SAR as of now?