Nirvana.afl by MRTQ13

[vishal1188]

vishal ji did u read buying and selling rules posted by amibrokerfans brother in previous msgs

Yes rajuapsp i have read the buy/sell rules by amibrokerfans

 

[amibrokerfans]

Thanks Amibrokerfans this is what i wanted to know so if we see 3 blue box it means its an up trend and and 3 pink box it means its a downtrend is that correct.

yes thats correct :thumb:

 

[sr114]

to vishal1188 :thumb:

Thanks Amibrokerfans this is what i wanted to know so if we see 3 blue box it means its an up trend and and 3 pink box it means its a downtrend is that correct.

vishal1188

the blue box/square - they are lower pivots
the pink box/square - they are higher pivots.

sr

 

[vishal1188]

Thanks sr114 for your valuable input..
but i would like to tell you what i have noticed that if we see pink box then soon a sell signal will come and if we see blue box a buy signal would come this is what i think but as amibrokerfans said it only comes after3/4 bars so dnt know much about it.

 

[amibrokerfans]

dear vishal,
suppose u start looking at chart from 1st june...
on 1st june u see no box on 1st june bar..
then 2nd june price going up.. still no box sign
3rd june up again.. still no box sign
on 4th june suddenly we will see BLUE BOX SIGN ON 1ST JUNE BAR
so on 4th june u recognize that the uptrend strated from 1st june...
thats how it work.

but in FEW cases u can face problems....
how is that?
now from 4th june u know trend is up...
so u buy..
on 5th june u see price going down... and still blue box in 1st june bar..
6th june.. price going down more... and still blue box in 1st june bar..
7th june more down.. and still blue box in 1st june bar..
on 8th june u suddenly watch PINK BOX ON 4TH JUNE BAR!

i think its now clear what i mean by "it only comes after3/4 bars "

 

[sr114]

Thanks sr114 for your valuable input..
but i would like to tell you what i have noticed that if we see pink box then soon a sell signal will come and if we see blue box a buy signal would come this is what i think but as amibrokerfans said it only comes after3/4 bars so dnt know much about it.

Vishal1188,
actually a new higher high (pink box) or lower low(blue box) signifies a retracement of prices (coming down or going up). but this does not means the end of the trend if it really started. thus here rises the importance of the appearance of the signal of the box in proper bar or otherwise we may end in closing our trade in loses as we see the prices is coming down after we buy or going up after we sell.

the pivots calc in this case is the main culprit (KwikPop piv calc). it waits for the confirmation of the signal and after that it generates the boxes. and it also never differentiate the lower high(LH) and higher lo(HL) it only takes the instances of higher high(HH) and lower low(LL) . these HL and LH are good point to reconsider our pos - whether we close the trade or we trail our stop loss situation.

another implementation is using the fractal which can clearly depicts the different situation of HH,LL,HL or LH. some may think that it is future looking but the concept is that newer data set of prices are coming which is higher that previous set or lower than the previous set. or equal to the it. so depending on this the piv are formed and this gives a clear signal what are the pivs.

so it clearly depends upon u to follow what method but the main thing is that the generation of the boxex means a price reversal

picture speaks for itself

sr

 

[rajuapsp]

:clap:amibrokerfans brother and sr114 brother and all followers goooood morning :clap::clap::thumb:

 

[sr114]

Rajuapsp,

good morning to u and have a great trading day

sr

 

[amibrokerfans]

nicely explain the technical view about the boxes by sr114.
i want to add something more...
now in orginal nirvana, GORDON'S PIVOT METHOD is used. in this method piv box continuosly reforming when a new HH,LL,HL,LH take place.
and in modified nirvana, KWIKPOP'S PIVOT METHOD is used. in this method once a piv box formed, suppose HH (pink BOX) , next it only try to find LL (blue BOX). after few bars confirmation it appear.
now for me as i take as it visual trading, kwikpop's piv i like. also just a info- mrtq13 use kwilpop piv in his trading system.

 

[amibrokerfans]

hi Rajuapsp bro.
good morning