Nifty Futures Trading Part 2 (Positional)

[orderflow13]

Guys plz check the vol on ur data base.. is my vol. data accurate? as nse dont officially gives volume for popular data feeds,

 

[columbus]

Linear vs log chart


Linear Scaling:
Y-Axis scale is based on dollars (or points). This is a very simple charting method--how you were taught to graph in high school. In Linear scaling, a $5 move in a stock will always take up the same vertical distance, no matter if it is from $1 to $6 or $100 to $105.

Log Scaling:
Y-Axis scale is based on percentage move. This is far more complicated and nearly impossible to do by hand, but simple with today's charting software. In Log scaling, a move from $1 to $6 will show up MUCH larger than a move from $100 to $105, since the first is a 500% increase and the 2nd is only a 5% increase.

Alex,

You have through open an interesting topic of LINEAR vs LOG scaling.
With advancement of computers ,to is not difficult to plot LOG scale.
This can be done very by easily simple Graph.Plot on Primary Y-axis
the Current value and on secondary Y-axis plot CURRENT/PREVIOUS*100.
By plotting like this we can retain the shape of the LOG graph but
not exact values. Perhaps my visualization is correct.

On intraday's graph it may create MUCH impact.

 

[orderflow13]

Alex,

You have through open an interesting topic of LINEAR vs LOG scaling.
With advancement of computers ,to is not difficult to plot LOG scale.
This can be done very by easily simple Graph.Plot on Primary Y-axis
the Current value and on secondary Y-axis plot CURRENT/PREVIOUS*100.
By plotting like this we can retain the shape of the LOG graph but
not exact values. Perhaps my visualization is correct.

On intraday's graph it may create MUCH impact.

Columbus
Can you post your chart by doing so, we will get clear idea. Do it in ur free time
Thanks

 

[dumdum20008]

hi guys,
here is a option position ( theoratically called put ratio spread) on Nifty

Short 2 lot of 3650 PE @ LTP 91
Long 1 lot of 3800 PE @ LTP 149

Profit/Loss diagram is as shown below( as per Expiry Value of Nifty)

hope you like it ( profits, not loss)

 

[columbus]

Columbus
Can you post your chart by doing so, we will get clear idea. Do it in ur free time
Thanks

This can be done very by easily simple Graph.Plot on Primary Y-axis
the Current value and on secondary Y-axis plot CURRENT/PREVIOUS*100.
By plotting like this we can retain the shape of the LOG graph but
not exact values. Perhaps my visualization is correct.

Correction:On intraday's graph it may NOT create MUCH impact.

I compared last ONE year data and I think I am wrong in my visualization.Nifty on LINEAR was much better.I am working
QUATTRO PRO ,but not at all comfortable with EXCEL.Anyway
I will try to IMPORT data there if time permits.

 

[orderflow13]

My system of positional trading.
In last pane upper side of candle will always represent most active calls and bottom of candle will always be most active put.
Call writing been aggressive as shown on second pane of chart o.i. pcr down
res seems 4100, adx rising suggest down trend remain continue
Best wishes
Alex

 

[devangan123]

only czar can answer this for his chart...
meaning of RSI (14, E 9)

In my guess its crossover of RSI 14 and and 9 EMA of RSI 14 , Like we have 9 EMA of (26-12 ema) in MACD

Cazar please correct me if I am wrong

 

[orderflow13]

NIFTY WEEKLY

 

[mitasatyajit]

Alex

How do u get the PCR data, NSE India? If yes, do u maually incorporate it in the software ? or u have some other means. Thanks in advance.

 

[orderflow13]

Alex

How do u get the PCR data, NSE India? If yes, do u maually incorporate it in the software ? or u have some other means. Thanks in advance.

yes sat da, i manually incorporate it, from my daily charts and each days bhav copy from nse