I can Create AFL but Need Strategy

[johnnypareek]

if the previous bar is a Positive Reversal bar.

Clarify the means

johnny

 

[sangi79]

if the previous bar is a Positive Reversal bar.

Clarify the means

johnny

Johnny sir, I have given the definition of Positive Reversal Bar in the post itself as definition of PR. I will repeat once again.

To qualify as Positive reversal bar it should meet the following conditions:

The bar's low should be lesser than the previous bar low.
The bars close should be higher than the previous bar close.
The bars closed shd be higher thn its open.
The bars high shd be less thn prv bar high.

I hv attached a chart for NR and PR.

 

[sangi79]

chart of Negative Reversal Bar (NR)

Hope I am clear in explanation. If not pls tell me. Thank you so much for the efforts put on.

 

[a1b1trader]

Hi Sangi

To post an image use
http://imageshack.us/
Browse and then upload the image.
Then copy the forum link and paste here.

Otherwise you will soon finished with your quota of posting images

 

[sangi79]

Hi Sangi

To post an image use
http://imageshack.us/



Browse and then upload the image.
Then copy the forum link and paste here.

Otherwise you will soon finished with your quota of posting images

Thank you a1b1 trader. will do from my nxt post.

 

[johnnypareek]

Johnny sir, I have given the definition of Positive Reversal Bar in the post itself as definition of PR. I will repeat once again.

To qualify as Positive reversal bar it should meet the following conditions:

The bar's low should be lesser than the previous bar low.
The bars close should be higher than the previous bar close.
The bars closed shd be higher thn its open.
The bars high shd be less thn prv bar high.

I hv attached a chart for NR and PR.

hmm

okay for short or sell say last bar was as per oposite to buy signal and rsi was above 70 and on last bar it was below 70. so now when price go below low of that bar then sell or short right?

attached image have arrows when ur condition is there.please chk n confirm.

johnny

 

[sangi79]

hmm

okay for short or sell say last bar was as per oposite to buy signal and rsi was above 70 and on last bar it was below 70. so now when price go below low of that bar then sell or short right?

attached image have arrows when ur condition is there.please chk n confirm.

johnny

Yes Johnny Sir, Absolutely right for signals in the chart as well as short selling rules!

I forgot to add one filter in my rules. Is it possible to add the follg rule:

The PR bar low/NR bar high shd be the lowest low/ highest high when compared to the preceeding 6 bars.

Hope your code includes tgt, sl and filter part too.

Thanks a lot Johnny sir. Will never forget u in my life. You are helping to a person whom you have not personally known, that too without any expectations. Hats off to you.:clapping:

I do not know how to show my gratitude. Thanks to you once again

 

[rohanr_b]

Prides's intraday strategy

HI ! can you have a look at the following intraday trading strategy
http://www.traderji.com/day-trading/29798-prides-intra-day-strategy-profit-everyday.html

i would appreciate if you could create a AFL for the trading strategy with a 5min
time frame.

 

[a1b1trader]

Re: Prides's intraday strategy

HI ! can you have a look at the following intraday trading strategy
http://www.traderji.com/day-trading/29798-prides-intra-day-strategy-profit-everyday.html

i would appreciate if you could create a AFL for the trading strategy with a 5min
time frame.

Hi Rohan
Have you read the complete thread.
Just go through the thread and I hope you will get AFL

 

[sangi79]

hmm

okay for short or sell say last bar was as per oposite to buy signal and rsi was above 70 and on last bar it was below 70. so now when price go below low of that bar then sell or short right?

attached image have arrows when ur condition is there.please chk n confirm.

johnny

Johnny Sir,

Hope to hear from you soon.