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

wabuf

Well-Known Member
TM charts.. Price was in sideways, but obv gave bullish bias.. so pdc in price failure gave 1st long.. also note failed vwap arrows which indicated that long was the direction..

yeh on balance volume ka support / resistance hai ? in obv panel ?
if yes , toh yeh wala afl konsi shop pe milega bhai ? looking good :D
:clapping::D:clapping:
 

vijkris

Learner and Follower
yeh on balance volume ka support / resistance hai ? in obv panel ?
if yes , toh yeh wala afl konsi shop pe milega bhai ? looking good :D
:clapping::D:clapping:
Its a top secret afl bro... :D:D:D
it contains 50 lines of code.. :clap:

Anyway this one is similar with 10 lines of code.. ;)

Code:
_SECTION_BEGIN("obv happ time specific lines");
Ob = OBV();
//Plot(Ob,"",colorWhite,styleNoTitle|styleThick);
LB = Day()!=Ref(Day(),1);		
Zero = ValueWhen(LB,Ob);	
T = TimeNum();		
T1 = T >= 105900 AND T <=110000;
T2 = T >= 125900 AND T <=130000;
T3 = T >= 142900 AND T <=143000;
Sessions = IIf(T>=142959, ValueWhen(T3,Ob), IIf(T>=125959, ValueWhen(T2,Ob), IIf(T>=105959, ValueWhen(T1,Ob), Zero)));
//Sessionscolor =IIf(T>=142959 , ValueWhen(T3,Ob), IIf(T>=125959, ValueWhen(T2,Ob), IIf(T>=105959, ValueWhen(T1,Ob), Zero)));
OBVcolor = IIf(Ob>sessions,colorGreen,colorRed);
Plot(Ob,"",obvcolor,styleNoTitle|styleThick);

Plot(Sessions,"",colorLime,styleNoLabel|styleNoRescale|styleStaircase|styleDashed,0,0,0,-5);

Plot(EMA(OB,36),"EMA36",colorGold,styleNoRescale);
_SECTION_END();
EDIT: Regarding Eod data, let me give a try.. will ask u to upload if I m lazy enough..
 

vijkris

Learner and Follower
found this in book


so look to buy when obv > 200ema(obv)..and reverse for sell ?
this correct ?
The hot tip image says it correctly. :clap:

But your interpretation of that hot tip is partly correct.. I can't reveal fully as first I have to trade and make money with the info I have..

Otherwise ppl will accuse me as "paper trader". :D :(
 

rjshem

Well-Known Member
The hot tip image says it correctly. :clap:

But your interpretation of that hot tip is partly correct.. I can't reveal fully as first I have to trade and make money with the info I have..

Otherwise ppl will accuse me as "paper trader". :D :(
I have an hot tip for u use major pivot highs/lows in one min chart along with whatever ur using now.major pivots r meeting points of an visual uptrend and visual down trend.
 

vijkris

Learner and Follower
Done for the day!!

TM short, ORHi failure and +1sd failure along with negative divergence in obv. It was a juicy setup in sideways trading.
It was long bias of obv since morning but divergence was telling that long bias will fail.
Wish I catch these type more often. :D



It was tough holding the trade for so long..
 

vijkris

Learner and Follower
TS.. Not trading but watching.. high chances of crossing 490.
divergience in obv as well.
vwap gave long signal since morning and till now sl not hit.
obv bias is short though.. Pdl is another big resistance.. tough setup.

 

vijkris

Learner and Follower
TS.. Not trading but watching.. high chances of crossing 490.
divergience in obv as well.
vwap gave long signal since morning and till now sl not hit.
obv bias is short though.. Pdl is another big resistance.. tough setup.

Now situation changing.. obv falling but price giving divergence..
so lets see.. price will it fall to new low ??

 

rjshem

Well-Known Member
Done for the day!!

TM short, ORHi failure and +1sd failure along with negative divergence in obv. It was a juicy setup in sideways trading.
It was long bias of obv since morning but divergence was telling that long bias will fail.
Wish I catch these type more often. :D



It was tough holding the trade for so long..
good now u have found ur mojo :thumb: keep trading it regularly with bit more experience it wont be that tough.
 

vijkris

Learner and Follower
Now situation changing.. obv falling but price giving divergence..
so lets see.. price will it fall to new low ??

Stupid price did not touch day low but obv closed at day low.

 

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