Nirvana.afl by MRTQ13

[amibrokerfans]

In my personal view, RSI is not good indicator to trade with(Intraday)
It works best in sideways market but in trending market,you will get trapped so use with caution
I still use MA's as they confirm the trend.

as u can see the code i used rsi in this manner :-

RSI(7) <30; RED COLOR IN CIRCLE
RSI(7) >70; GREEN COLOR IN CIRCLE
and RSI(7) > 30 < 70; GREY IN CIRCLE

i took very small priode and if trend start it quickly will be in the zone <30 or >70.
though <30 is oversold zone.. by trendforce it will go more down so <30 is red,and opposite >70 is green
then again when it will come back to >30<70 zone , its neutral trend, so its grey.
i took rsi as just for test. if it not work well i will remove it in my next modification.
and lastly and more importently..... WHAT WE WILL DO WITH MA-S???
a million dollar question! realy it is!...

 

[rajuapsp]

amibrokerfans brother my images entry is correct or not ? in nifty ?:clap::clap:

 

[amibrokerfans]

amibrokerfans brother and followers good morning

:thumb::thumb::clap::clap:

A VERY GOODMORNING MY DEAR BROTHER RAJU :clap::clap::clap:

 

[amibrokerfans]

amibrokerfans brother my images entry is correct or not ? in nifty ?:clap::clap:

ya bro it seems good :thumb:
still more to study on it!....

 

[abdel01s]

as u can see the code i used rsi in this manner :-

RSI(7) <30; RED COLOR IN CIRCLE
RSI(7) >70; GREEN COLOR IN CIRCLE
and RSI(7) > 30 < 70; GREY IN CIRCLE

i took very small priode and if trend start it quickly will be in the zone <30 or >70.
though <30 is oversold zone.. by trendforce it will go more down so <30 is red,and opposite >70 is green
then again when it will come back to >30<70 zone , its neutral trend, so its grey.
i took rsi as just for test. if it not work well i will remove it in my next modification.
and lastly and more importently..... WHAT WE WILL DO WITH MA-S???
a million dollar question! realy it is!...

You can verify? if stocks with RSI>50 it's good,so we should not wait until a overbought zone i think?!

 

[amibrokerfans]

You can verify? if stocks with RSI>50 it's good,so we should not wait until a overbought zone i think?!

rsi is good but not better...
dont take only rsi for trade.
in circle one part is rsi.
i go for >70 , <30 for strong trend.

 

[abdel01s]

rsi is good but not better...
dont take only rsi for trade.
in circle one part is rsi.
i go for >70 for strong trend.

Ichimoku is a verry good trend trading system...so if they have any posibility to add one circle with those conditions it's will help in decisions:
Green if in daily the tenken-sen cross the kiujen-sen above the kumo and the chiko-span is above the price and kumo...
in the same time the price should be above the kumo in the weekly chart...

red in vice versa conditions...

I know it' will be complicated, for that it's just an idea if you will try, if not no problem of corse...:thumb:

 

[amibrokerfans]

Ichimoku is a verry good trend trading system...so if they have any posibility to add one circle with those conditions it's will help in decisions:
Green if in daily the tenken-sen cross the kiujen-sen above the kumo and the chiko-span is above the price and kumo...
in the same time the price should be above the kumo in the weekly chart...

red in vice versa conditions...

I know it' will be complicated, for that it's just an idea if you will try, if not no problem of corse...:thumb:

wow! many many thanks!! though i am very novice coder, but i like try anything which is good.. surely i will try my best :thumb:
thanks again!!

 

[sikandar]

wow! many many thanks!! though i am very novice coder, but i like try anything which is good.. surely i will try my best :thumb:
thanks again!!

And also if you want rectangles instead of circles you can change
GfxRectangle(x1,y1,x2,y2);

 

[ethan hunt]

murgey sey masala jyada ho raha hai

since yday nirvana is not giving any great signals, today morn gold buy signal also failed