Nifty Intraday Pivot Points

[SavantGarde]

Hi Kammy,

Thanks For Posting The Charts

My First Observation Is That Many Times In Between We Have Very Small Crossovers On Both Timeframes & Rightly Observed By You Too.

I Think Some Tweaking Of SMAs & Their Combination Maybe Needed To Get Rid Of Minor Crossovers.

This Is One Time, I Wish, Had RT Data or Even Excel File Of Various Time Frames.....

Anyways, See How Tweaking The SMAs Looks To You....Probably Worth The Trouble Looking At The Charts Posted By You.

Aim, Is To Simplify & Have Something Usable For Most NF & BNF Traders.

AsishDa, Is Going To Look Into Over This Weekend, Let Us Wait For AsishDa's Observations.

Have Also Requested kkseal (Kalyan). Let's See What Seniors Have To Say.

'Happy & Safe Trading' Hope To Be Able To Change That To 'Happy & Safer Trading' Atleast If Not 'Safest'

SavantGarde

 

[pkamalesh]

Hi Kammy,

Thanks For Posting The Charts

My First Observation Is That Many Times In Between We Have Very Small Crossovers On Both Timeframes & Rightly Observed By You Too.

I Think Some Tweaking Of SMAs & Their Combination Maybe Needed To Get Rid Of Minor Crossovers.

This Is One Time, I Wish, Had RT Data or Even Excel File Of Various Time Frames.....

Anyways, See How Tweaking The SMAs Looks To You....Probably Worth The Trouble Looking At The Charts Posted By You.

Aim, Is To Simplify & Have Something Usable For Most NF & BNF Traders.

AsishDa, Is Going To Look Into Over This Weekend, Let Us Wait For AsishDa's Observations.

Have Also Requested kkseal (Kalyan). Let's See What Seniors Have To Say.

'Happy & Safe Trading' Hope To Be Able To Change That To 'Happy & Safer Trading' Atleast If Not 'Safest'

SavantGarde

HI savant sir, just saw ur calls....yeah ill do the tweaking oservations today...if we can add somethin or make it even simpler to just avoid small crossovers...waiting for seniors reccos too..

 

[SavantGarde]

This Is For Those Not Yet Involved In This Discussion.

Please Go Back A Few Pages To See How This Discussion Got Started In The First Place, Study The Charts Carefully The Ones Posted By Me For EOD & The Ones Posted By Prasadam For Timeframes 10, 15, & Upwards & Charts Posted By pkamlesh For 1 & 3 Min.

Now Why Am I So Excited At The Prospects For Intraday NF & BNF Traders.

Let Us Look At The 10 & 15 Min. Charts Posted By Prasad.

a) The Two SMAs Are Moving Almost Hand In Hand Almost Like Boyfriend & Girlfriend (Don't Laugh Folks) I Don't Have A Better Way To Describe The Movement & Moreover That Is What Struck Me In The First Place.

b) Yet Both Have Such Different Characteristics When Viewed With Relation To Each Other.

c) While Being So Close, Yet At One Point One Screams 'BUY' & The Other 'SELL' At Another Point, While Never Being Too Far From Each Other.

There Is Much Much More To This Will Bring Them In Due Course

That Is Why Such Excitement On My Part.

Hope, Things & Working Will Get Smoothened In Due Course Of Discussion With Some Active Participation From Seniors, While AsishDa Has Already Promised To Look Into It, Requesting Other Seniors Like Kalyan, Karthik, Murthy, Oxy & Sunil For Their Views & Participation If Possible, I Am Sure There Are Lots Of Other Bright Members Who Could Activlely Participate.
Unable To Name, Since I Was Away For Almost 3 Months, My Apologies.

Hoping For Safer Trading Through This.

SavantGarde

 

[SavantGarde]

Hi Kamlesh,

Try These Tweaks Besides Whatever Else You Have Planned.

a) SMA 4, Triangular MA 5 Overlayed With BB 9,2 & Simple For 1 & 3 Min TF

b) SMA 4, Triangular MA 6 Overlayed With BB 9,2 & Simple For 1 & 3 Min TF

Happy Tweaking

SavantGarde

 

[vvvv]

the BB (9,2) setting luks very gud on the charts....keeps most of the price within the band..
any other similar band we can use which can give gud rubber band trades.

 

[SavantGarde]

VVVV,

Tweaks 'a' & 'b' Suggested To Kamlesh For Intraday TF Of 1 & 3 Min, Is Just Something I Am Guessing Or Deriving From EOD, As Mentioned Earlier, I Have No Access To RT Data, Therefore I Don't Even Know What It Would Look Like When Plotted.....For All I Know It May Look Horrible....

I Am Waiting For You Guys Or Someone To Put Up The Chart So I Can Have A Look....!

Happy & Safe Trading

SavantGarde

the BB (9,2) setting luks very gud on the charts....keeps most of the price within the band..
any other similar band we can use which can give gud rubber band trades.

 

[pkamalesh]

VVVV,

Tweaks 'a' & 'b' Suggested To Kamlesh For Intraday TF Of 1 & 3 Min, Is Just Something I Am Guessing Or Deriving From EOD, As Mentioned Earlier, I Have No Access To RT Data, Therefore I Don't Even Know What It Would Look Like When Plotted.....For All I Know It May Look Horrible....

I Am Waiting For You Guys Or Someone To Put Up The Chart So I Can Have A Look....!

Happy & Safe Trading

SavantGarde

Still working for the best....would post soon !!

 

[Ajax]

Still working for the best....would post soon !!

There are multiple cross overs. If u trade all of them . U would be left with nothing. Ur broker will be very happy.
How do u decide what to trade . When do u know trend has set in??

Please answer above querries please.


Ajax

 

[pkamalesh]

There are multiple cross overs. If u trade all of them . U would be left with nothing. Ur broker will be very happy.
How do u decide what to trade . When do u know trend has set in??

Please answer above querries please.


Ajax

Dear ajax, this is where the complexity of entering the trade is.....actually we were working on that ...probably taking help of other indicators would be a possiblility...

 

[Ajax]

Dear sir


[img=http://img16.imageshack.us/img16/1340/nf3minkiss.th.jpg]

Same 3 min chart above.
Traded with KISS methodology.

No indicators, no OI , nothing more than simple trend trading

Net gain - about 68 points.


With due regards

Ajax