My trades based on "new way of pivot trading" and vwap

[vijkris]

Right.
Vijay bhai his name was Deepak Batra

Right ??

Mungus's claim of accuracy is correct kya ??

His name is Dinesh Batra.. I think ... Last pm from him was that he z taking break from trading due to some family problem and going to Mumbai for treatment.
No contact since then.

 

[vagar11]

Chhodo yaaro VWAP Traders ko,meri Tukka System hi thik hai :annoyed:

Tukka chahiye to Praveen Taneja ji se lelo.

 

[wabuf]

Chhodo yaaro VWAP Traders ko,meri Tukka System hi thik hai :annoyed:

aja bhai ... i understand your frustration ...
you post 7th april vedl ,1min, and macd only .. chart on my thread ...
will not disturb vijkris bros thread here with support /resistance..

tukka system mat karna kabhi bro .. will always lose money .. i have done that
.. and always lost ..

*post chart *

 

[vagar11]

Right ??

Mungus's claim of accuracy is correct kya ??

His name is Dinesh Batra.. I think ... Last pm from him was that he z taking break from trading due to some family problem and going to Mumbai for treatment.
No contact since then.

Pata nahi bhai .. until you test the system yourself. May be during those months it might have been good. What I have seen is no system gives a consistent result.

 

[vijkris]

aja bhai ... i understand your frustration ...
you post 7th april vedl ,1min, and macd only .. chart on my thread ...
will not disturb vijkris bros thread here with support /resistance..

tukka system mat karna kabhi bro .. will always lose money .. i have done that
.. and always lost ..

*post chart *

Bhai, in this thread posts will get buried otherwise it is open for all.. :thumb:

Still the story is pending.. Ur method details is pending..

 

[vivektrader]

Bhai, in this thread posts will get buried otherwise it is open for all.. :thumb:

Still the story is pending.. Ur method details is pending..

Vijay what's ADN?

 

[aja]

Right.
Vijay bhai his name was Deepak Batra

Nope. Just shared that as he had good success rate.

His name is Dinesh Batra.

I always had a doubt ki jab homeopathy ki dawai ka asar hota nahi fir bhi Batra Clinic itna kyu chal raha hai.

Now I got it.Batra Ji is a Successful VWAP Trader :rofl:

 

[vijkris]

Vijay what's ADN?

explanation is in afl itself..

I think this AFL was put in the old thread but it maybe lost when that thread was damaged. So re posting

The logic is described in the comments in the beginning. This can be put on any TF chart below daily TF

This was shared to me by a trading friend (possibily initial version from net) and I have his permission to share it

Put price first and then this AFL or on any of your existing panes

SetChartOptions(2,chartWrapTitle);

/*Definitions -

Noise -The difference between the Open AND the closest extreme point of that Day.

Expansion -The difference between the Open AND the farthest extreme point of that Day.

Daily Range -The difference between High AND Low of a trading Day.

Example

Yesterday, for ES 12-14 we had the following data points:

Full session: Open = 2002.00, High = 2003.00, Low = 1982.50, Settlement = 1986.25

Regular session: Open = 1998.75, High = 1999.25, Low = 1982.50, Settlement = 1986.25

Noise AND expansion can be calculated for the full session OR for the regular session. I mostly use the concept for the regular session.
Full session: noise = 2003.00 - 2002.00 = 1.00 points, expansion = 2002.00 - 1982.50 = 19.50 points, daily range = 2003.00 - 1982.50 = 20.50 points
Regular session: noise = 1999.25 - 1998.75 = 0.50 points, expansion = 1998.75 - 1982.50 = 16.25 points, daily range = 1999.25 - 1982.50 = 16.75 points

Formulas -

Noise = Math.Min (High - Open, Open - Low)

Expansion = Math.Max (High - Open, Open - Low)

Daily Range = High - Low

Average daily noise(AND), Average daily expansion(ADE), Average daily range (ADR) -
Calculating the 10-Day AND 20-Day average for daily noise, daily expansion AND daily range, 
then calculating the arithmetic mean of 10-Day AND 20-Day average. 10 AND 20 are selectable input parameters, 
for example you can also calculate noise bands based on 5-Day AND 10-Day averages.

Logic -

Noise bands are based on the (average) volatility that comes into the market as a result of the participation of noise traders. 
They can be used in a similar way as the opening range. 
Noise bands are based on the volatility of the prior N days, while the opening range is based on the volatility for the current session. 
The noise bands can be drawn with the first tick of the regular session, 
while the opening range can only be drawn once the opening period is complete. 
I personally prefer noise bands over the opening range as vaild breakout points.  
If I have to strip everything down AND only use one thing. This would be it. 
ADN gives you a clue if you are in a trend OR a range, if you are in a trend the ADR's give you Ultimate targets. 
Any move Inside the ADN should be considered range play. Buy lows AND fade highs, if a FBO of an ADN happens the obvious target is the opposite ADN box.

1) The average daily noise(AND)  is a measure for background volatility created by noise traders. 
This is the amount that price usually moves in the wrong direction, before it develops the trend of the Day.
You may consider the ADN boxes at breakout levels. 
Often price is rejected at this level. A breakout that occurs within the noise bands is usually void.

2) The ADR (average daily range) can be used to establish targets for Open position. 
The relative postion of the ADR versus ADN has no significance. if one of the ADR bands moves within the box, it just shows that price has gone far away from the Open. 
In this case it is NOT the ADR band Close to the noise bands that should be observed, but the other one, which is the target band for the daily range.

3) How can bulls AND bears push the price away from the Open?

bull force = Math.Abs (High - Open) = High - Open

bear force = Math.Abs (Low - Open) = Open - Low

The larger of bull force AND bear force is called expansion (successful move).The smaller of bull force AND bear force is called noise (unsuccessful move).
Take the noise of the last 10 days (all the smaller moves from the Open) AND calculate an average.This is called the average daily noise (ADN).
The ADN tells you how far the losing party (noise traders) will typically push prices against the trend. Any move within the ADN can be considered as NOT significant. 
When price trades beyond the ADN, this may qualify for a real breakout. Price trading within the noise bands means that the market has NOT yet found a trend.

How to use ADN, ADR AND ADE in Trading -

Range:Average Daily Noise (ADN)  provide range tops AND bottoms. 
Any price action that occurs Inside should be considered suspect AND possibly range activity. Look to Buy bounces off the ADN Low AND Sell pivots off the ADN High. 
As long as price is trading Inside of these boxes I am thinking range. 
Buy Low, Sell High AND scalp. if price test one box AND fails, there is High probability that it will then move to test the other box. 
So a failed BO of the ADN Low, I would be looking to Buy with a target of the ADN High.

Bear trend: We are NOT official in a bear trend until we have significant AND accepted price action Outside of the ADN Low. 
At that point I am looking to Sell pullbacks with my target being the ADR Low. Most of the time the bear trend starts from a failure of the ADN High. 
So if you can catch it early you can take the bear leg of the TR down to the ADN Low AND then allow it to work its way out of the box. 
Sometimes you miss that move, so look for pullbacks to enter.

Bull trend: Just as with the bear the bull trend officially starts Outside of the ADN High AND also tends to start with a failure at the ADN Low. 
You look to take the bull leg in the TR targeting the ADN High, if you miss it look for pullbacks Outside the ADN High to Buy.
In strong moves you can even take pullbacks to the ADRs.
*/

TimeFrameSet(inDaily);
ATRdaily = ATR(14) ;
TimeFrameRestore() ;
ATRdaily = TimeFrameExpand(ATRdaily,inDaily);

TimeFrameSet(inDaily);
noise = Min(H-O,O-L);
expansion = Max(H-O,O-L);
range = H-L;

Avg1 = Param("Avg Period 1", 10, 1, 1000) ;
Avg2 = Param("Avg Period 1", 20, 1, 1000) ;
Clrnb = Clrnoise = ParamColor("Color Noise", colorLightBlue) ;

Layer = Param("Layer", -1, -5, 5) ;
showfill = ParamToggle("Show Fill", "No|Yes", 1) ;
showext = ParamToggle("Show Extension", "No|Yes", 1) ;
extend = Param("Extend By", 5, 0, 200, 1) ;
xst = BarCount - (extend) +1 ;
xed = BarCount -1 ;

showtext = ParamToggle("Show Text", "No|Yes", 1) ;
txtpos = BarCount + extend-5 ;
fil = Param("Text Filter", 1, 1, 10000, 1) ;

	showoncrb = ParamToggle("Show On CRB", "No|Yes", 0) ;
	Refo = ParamField("CRB Open", 7+0) ;
	Refh = ParamField("CRB High", 7+1) ;
	Refl = ParamField("CRB Low", 7+2) ;
	Refc = ParamField("CRB Close", 7+3) ;
	Refbi = ParamField("CRB BI", 7+4) ;
	Refcrbbars = ParamField("CRB Bars", 7+5) ;
	Refnbars = ParamField("TF Bars", 7+6) ;
	Refdt = ParamField("CRB DT", 7+7) ;


xnoise = MA(noise,Avg1);
xexpansion = MA(expansion,Avg1);
xdrange = MA(range, Avg1);

ynoise = MA(noise,Avg2);
yexpansion = MA(expansion,Avg2);
ydrange = MA(range,Avg2);

anoise = (xnoise + ynoise) / 2;
aexpansion = (xexpansion + yexpansion) / 2;
adrange = (xdrange + ydrange) / 2;
TimeFrameRestore();

anoise = TimeFrameExpand(anoise,inDaily);
aexpansion = TimeFrameExpand(aexpansion,inDaily);
adrange = TimeFrameExpand(adrange,inDaily);
ro = O ;
rh = H ;
rl = L ;
rc = C ;
dt = DateTime() ;
if (showoncrb)
{
	ro = Refo ;
	rh = Refh ;
	rl = Refl ;
	rc = Refc ;	
	dt = Refdt ;
}

a=Day()!=Ref(Day(),-1);
Lod = LowestSince(a,L);
Hod = HighestSince(a,H);

dopen = TimeFrameGetPrice("O",inDaily);
Refadnh = adnh = dopen+anoise ;
Refadnl = adnl = dopen-anoise ;
Refadeh = adeh = dopen+aexpansion ;
Refadel = adel = dopen-aexpansion ;
Refadrh = adrh = Lod+adrange ;
Refadrl = adrl = Hod-adrange ;

	if (showoncrb)
	{
		diffbars = Refnbars -Refcrbbars -1 ;
		Crbst = BarCount - LastValue(Refcrbbars) -1;

		// convert to crb
		Refadnh = Ref(adnh, -diffbars) ;
		Refadnl = Ref(adnl, -diffbars) ;
		Refadeh = Ref(adeh, -diffbars) ;
		Refadel = Ref(adel, -diffbars) ;
		Refadrh = Ref(adrh, -diffbars) ;
		Refadrl = Ref(adrl, -diffbars) ;

		k = 0 ;
		for ( i = Crbst ; i < BarCount ; i++)
		{
			Refbar = Refbi[i];

			Refadnh[i] = adnh[Refbar] ;
			Refadnl[i] = adnl[Refbar] ;
			Refadeh[i] = adeh[Refbar] ;
			Refadel[i] = adel[Refbar] ;
			Refadrh[i] = adrh[Refbar] ;
			Refadrl[i] = adrl[Refbar] ;

			k++;
		}
	}

Plot(Refadnh,"ADN-High",colorBlack, styleNoRescale);
Plot(Refadnl,"ADN-Low",colorBlack, styleNoRescale);
doblend = True ;
Clrblend = colorWhite ;
if (doblend)
{
	Clrnb = ColorBlend(Clrnoise, Clrblend) ;
}

if (showfill)
	PlotOHLC(Refadnh, Refadnh, Refadnl, Refadnl, "", Clrnb,styleCloud |styleNoRescale,0,0,0, Layer) ;

showtrigger = ParamToggle("Show Trigger", "No|Yes", 1) ;
showsltrigger = ParamToggle("Show SL Trigger", "No|Yes", 1) ;

Buy = Cross(rC,Refadnh);
Short = Cross(Refadnl,rC);

Cover = Cross(rC,Refadnl);
Sell = Cross(Refadnh,rC);

//AlertIf(Buy,"","Buy"+Name());
//AlertIf(Sell,"","Sell"+Name());
if(showext)
{
Hdlast = SelectedValue(Refadnh) ;
Ldlast = SelectedValue(Refadnl) ;

Hplot = LineArray(xst, Hdlast, xed, Hdlast) ;
Plot(Hplot, "", Clrnoise, styleLine|styleDots|styleNoLabel|styleNoRescale , 0,0,extend) ;
if (showtext)
	PlotText(NumToStr(HdLast, 8.1), txtpos, HdLast+fil, colorBlack) ;

LPlot = LineArray(xst, Ldlast, xed, Ldlast) ;
Plot(LPlot, "", Clrnoise, styleLine|styleDots|styleNoLabel|styleNoRescale , 0,0,extend) ;
if (showtext)
	PlotText(NumToStr(LdLast, 8.1), txtpos, LdLast+fil, colorBlack) ;

PlotOHLC(HPlot, HPlot, LPlot, LPlot, "", Clrnb, styleCloud|styleNoLabel|styleNoTitle|styleNoRescale, 0,0,extend,Layer ) ;
}

if (showsltrigger)
{
PlotShapes(shapeUpArrow*Cover,colorBlack,0,rL);
PlotShapes(shapeDownArrow*Sell,colorBlack,0,rH);
}

if (showtrigger)
{
PlotShapes(shapeUpArrow*Buy,colorBlue,0,rL);
PlotShapes(shapeDownArrow*Short,colorRed,0,rH);
}

//if(Buy[BarCount-1]) Say ("Buy"+Name()+" ");
//if(Sell[BarCount-1]) Say ("sell"+Name()+" ");

//if(Buy[BarCount-1]) Say ("BUY") ;
//if (Sell[BarCount-1]) Say("SELL") ;

Plot(Refadeh,"Expansion-High",colorBrown, styleNoRescale);
Plot(Refadel,"Expansion-Low",colorBrown, styleNoRescale);

Plot(Refadrh,"ADR-High",colorBlue, styleNoRescale);
Plot(Refadrl,"ADR-Low",colorBlue, styleNoRescale);

 

[aja]

Tukka chahiye to Praveen Taneja ji se lelo.

Jai Ram Ji Ki :rofl:

 

[vagar11]

Jai Ram Ji Ki :rofl:

Aja bhai if u want u can trade ORB. I have tested this for 4-5 years. It has good result.

Nifty opening bar range analysis

There is a 60% correlation in 10 min opening bar and daily bar(closing in the same direction).

Trading result on the basis of ORB breakouts. Brokrage, slippage not included.

./oneminutedata/2012/DEC2012/NIFTY_F1.txt 50 62.0
./oneminutedata/2012/NOV_2012/NIFTY_F1.txt 50 107.7
./oneminutedata/2013/APR2013/NIFTY_F1.txt 50 71.55
./oneminutedata/2013/AUG2013/NIFTY_F1.txt 50 155.7
./oneminutedata/2013/DEC2013/NIFTY_F1.txt 50 330.65
./oneminutedata/2013/FEB2013/NIFTY_F1.txt 50 82.05
./oneminutedata/2013/JAN2013/NIFTY_F1.txt 50 81.65
./oneminutedata/2013/JUL2013/NIFTY_F1.txt 50 158.35
./oneminutedata/2013/JUN2013/NIFTY_F1.txt 50 -302.35
./oneminutedata/2013/MAR2013/NIFTY_F1.txt 50 48.8
./oneminutedata/2013/MAY2013/NIFTY_F1.txt 50 407.1
./oneminutedata/2013/NOV2013/NIFTY_F1.txt 50 -1.6
./oneminutedata/2013/OCT2013/NIFTY_F1.txt 50 330.9
./oneminutedata/2013/SEP2013/NIFTY_F1.txt 50 494.5
./oneminutedata/2014/APR/NIFTY_F1.txt 50 -34.55
./oneminutedata/2014/AUG/NIFTY_F1.txt 50 -28.75
./oneminutedata/2014/DEC/NIFTY_F1.txt 50 -155.4
./oneminutedata/2014/FEB/NIFTY_F1.txt 50 -135.95
./oneminutedata/2014/JAN/NIFTY_F1.txt 50 -114.1
./oneminutedata/2014/JUL/NIFTY_F1.txt 50 264.55
./oneminutedata/2014/JUN/NIFTY_F1.txt 50 306.85
./oneminutedata/2014/MAR/NIFTY_F1.txt 50 862.75
./oneminutedata/2014/MAY/NIFTY_F1.txt 50 448.65
./oneminutedata/2014/NOV/NIFTY_F1.txt 50 -81.45
./oneminutedata/2014/OCT/NIFTY_F1.txt 50 161.55
./oneminutedata/2014/SEP/NIFTY_F1.txt 50 348.35
./oneminutedata/2015/APR/NIFTY_F1.txt 50 48.65
./oneminutedata/2015/DEC/NIFTY_F1.txt 50 153.4
./oneminutedata/2015/FEB/NIFTY_F1.txt 50 485.75
./oneminutedata/2015/JAN/NIFTY_F1.txt 50 259.05
./oneminutedata/2015/JUL/NIFTY_F1.txt 50 132.7
./oneminutedata/2015/JUN/NIFTY_F1.txt 50 146.25
./oneminutedata/2015/MAR/NIFTY_F1.txt 50 374.3
./oneminutedata/2015/MAY/NIFTY_F1.txt 50 714.75
./oneminutedata/2015/NOV/NIFTY_F1.txt 50 106.1
./oneminutedata/2015/OCT/NIFTY_F1.txt 50 112.15
./oneminutedata/2015/SEP/NIFTY_F1.txt 50 654.5
./oneminutedata/2016/APR/NIFTY_F1.txt 50 415.95
./oneminutedata/2016/AUG/NIFTY_F1.txt 50 199.8
./oneminutedata/2016/DEC/NIFTY_F1.txt 50 344.8
./oneminutedata/2016/FEB/NIFTY_F1.txt 50 560.35
./oneminutedata/2016/JAN/NIFTY_F1.txt 50 545.3
./oneminutedata/2016/JUL/NIFTY_F1.txt 50 508.1
./oneminutedata/2016/JUN/NIFTY_F1.txt 50 229.7
./oneminutedata/2016/MAR/NIFTY_F1.txt 50 197.75
./oneminutedata/2016/MAY/NIFTY_F1.txt 50 224.65
./oneminutedata/2016/NOV/NIFTY_F1.txt 50 181.95
./oneminutedata/2016/OCT/NIFTY_F1.txt 50 246.75
./oneminutedata/2016/SEP/NIFTY_F1.txt 50 -147.3
./oneminutedata/2017/JAN/JAN2017/NIFTY_F1.txt 50 41.1
./oneminutedata/NIFTY50_MAR2017/NIFTY_F1.txt 50 186.0

Now, that you are trading on low amount. You can use NiftyBees to trade as the drawdown can wipe your account.