My charts (and yours too........)

[option fan]

sry trying/learning to post the image not the link
post is repeted.

what u see in this chart? falling wedge or descending triangle?
NICKEL.hourly till now

 

[babukraman]

sry trying/learning to post the image not the link
post is repeted.

what u see in this chart? falling wedge or descending triangle?
NICKEL.hourly till now

It's a falling wedge.
For a descending triangle, the bottom support line should be a horizontal line with more than one price contact. The price has been penetrating and retracing through the S line drawn by you. Actually it may not be termed as a S line as you've drawn it through the open of Gap up which is neither a Pivot High or Pivot Low; it's a continuation of a rally. So, it's not descending triangle.

 

[calmeshenoy]

sir did u notice onmobile,bhel,nifty forming morning star pls check is it

 

[Romeo and Elliott]

sry trying/learning to post the image not the link
post is repeted.

what u see in this chart? falling wedge or descending triangle?
NICKEL.hourly till now

Hi,
Cant say till i know what happned before the period shown in the chart, tho it looks like wedging.. should not fall below the first few lows shown on yr chart.. that is, assuming the period before what is shown on the chart was not an uptrend.

Also, what afl do you use for those swings drawn on the chart ?
Thanks.

 

[option fan]

Hi,
Cant say till i know what happned before the period shown in the chart, tho it looks like wedging.. should not fall below the first few lows shown on yr chart.. that is, assuming the period before what is shown on the chart was not an uptrend.

Also, what afl do you use for those swings drawn on the chart ?
Thanks.

no nothing i just used zigzag indicator in amibrokar parameter=1

in some time i will post a interesting chart / and needed to be more better, this system i currently use for scalp trades... with buy sell signals, there are many many false signals i want to omit... , but how i have very less knowledge abt AFL / and TA. what i am gonna show, works for me greatly ! may be its my find. a combination of CCI and RWI to try to guess LOWs and TOPs... I use this one with minimal possible s/l in high liquidity futures. I EARN NICELY.

i used it for all timeframes.... but now need a AFL expert and some more TA master to modify my finds... to filter false signals...Zzzz

will look for a responce thanks in advance...

 

[option fan]

this is hourly chart of nickel i posted earlier, but now till end of day today..

with my scapling signals.. i got good results, i buy/sell above/below 50% of buy/sell signal candle and use signal candle's low/high as s/l. many times it happened that i captched intraday big rallies or falls in stocks fut and nifty. finally what matters for me is I am earning good.

now if someone really interested and can improvise the thing from my basics i can send AFL its actualy very basic one . i even dont know how to bring the value of signals candle's 50% on screen...means buy @ and sell @ currently using calculator and a note pad when a signal appears on chart. everything on closing basis and with strict s/l.

if someone realy found it interesting...for himself plz post here really i would apreciate if this thing can be fine tuned !!

 

[option fan]

if needed i can post nifty's daily hrly weekly 10/20 min charts

or of any liquid scrip's chart it works with same effect..

 

[learning tech]

hi babukraman,
i hav one confusion ...m a client of angel broking and hav thr odin software with me ..it has charts and i thnk almost al indicators in it ... bt i read sumwhere that to learn and do technical analysis u shud hav a professional software like amibroker or so .. and so my concern is that ... y shud i buy sum other software whn angel is giving me almost everythng ...pls throw sum light ?? ... and wat r the benefits of having a professional software ???

 

[babukraman]

sir did u notice onmobile,bhel,nifty forming morning star pls check is it

Yes! On the 21st Oct, all these had morning star but their volume is unconvincing. Please take a look below!
Onmobile 14% Vol > Vol MA5
Bhel Morning star on 21st but 28%Vol < VolMA5
Nifty 0.3% Vol > VolMA5

 

[babukraman]

hi babukraman,
i hav one confusion ...m a client of angel broking and hav thr odin software with me ..it has charts and i thnk almost al indicators in it ... bt i read sumwhere that to learn and do technical analysis u shud hav a professional software like amibroker or so .. and so my concern is that ... y shud i buy sum other software whn angel is giving me almost everythng ...pls throw sum light ?? ... and wat r the benefits of having a professional software ???

Hi learning tech!
I'm not familiar with Angel broking charts. So, can't comment on it.
For charting, I use Chartnexus software free version. My understanding is that as long as you're with Angel, then you've got a free access to their charts. But if you've a AmiBroker, then it's lifetime. May be someone who is well qualified than me may answer this. please carry on from here.
Basically, TA charting is not just plotting the charts and indicators only; also backtesting, scan and explorer facility, etc., So, it's the flexibility than counts.