Nifty Intraday Pivot Points

[pkamalesh]

Trill bro..use the 15 min charts..if no trades trigger do not enter..this would help in case of side ways movement..

 

[pkamalesh]

but kamalesh's char pix showing 3 and 5

Hi sumitro...that was just experimenting ..which ever gives the best entry and exit ...we can stick to that..

 

[sumitro]

....
from here the idea turned into intra day setup:clapping:

Hi sumitro...that was just experimenting ..which ever gives the best entry and exit ...we can stick to that..

:thumb: thanx to both of u 3,5 is working for me today

 

[milind]

Looks like you folks are discussing MA based systems here. Any opinions on Ehler's MAMA/FAMA crossovers? On trending charts, they look quite good. But very likely automatic backtesting will show whipsaws.

-- Milind

 

[trillian]

milind just narrate the method.. we can backtest on live markets...

 

[milind]

milind just narrate the method.. we can backtest on live markets...

Not much to the method. They are a pair of (adaptive?) moving average like indicators, defined by Ehler - MAMA the fast one, and FAMA is the follower. Crossovers are supposed to be the trade triggers. AFL code is available in ami library.

-- Milind

 

[Ajax]

Hi

I have tried Ehler`s method
Like all , excellent during trend. But it is whips that frustate kill you.

BTW. Did you notice bullishish wolfe on NF , just now
& how nifty has turned up from there.

Ajax

 

[milind]

Hi

I have tried Ehler`s method
Like all , excellent during trend. But it is whips that frustate kill you.

BTW. Did you notice bullishish wolfe on NF , just now
& how nifty has turned up from there.

Ajax

Right. Need to figure out a way to define a 'KEEP-OUT' zone. But then, if you had that panacea, you don't need no FAMA/MAMA or any other indicator

 

[Satyen]

Hi

I have tried Ehler`s method
Like all , excellent during trend. But it is whips that frustate kill you.

BTW. Did you notice bullishish wolfe on NF , just now
& how nifty has turned up from there.

Ajax

Hi Ajax plz revive your wofwave thread will try to learn from you

Regards
satya

 

[SavantGarde]

Hi Sumitro,

Ok The Plot I Am Currently Working With Is As Follwos:

a) Candle Stick or Bars
b) SMA 4
c) SMA 5
d) BB (9,2) If Option Is Available Select (Simple MA)

So Far It Looks Best With 10 & 15 Min. Chart Of NF & BNF, Not For Stocks.

Combinations For Stocks Are Different Will Work On It Once, This Is In Place.

Let Me Know How It Looks On The Chart For Today.

Happy & Safer Trading

SavantGarde

Savant Sir can u just tell me MA3 and MA5 are Simple or Exponential?I want to plot them in my meta and will do some 30 day ppr trading.