Nirvana - The Discussion

[sr114]

Hi
Should I just replace GFXCircle with GfxRectangle( x1,y1,x2,y2 ) and what figures need to be defined for x1, y1, x2, y2

this has to be done by trial and error, find the co-ordinates that suits you better.
i use x1=15 y1=25
x2=95, y2=35 x1 & x2 are constant.

and it goes on increasing the y1 and y2 part, so that the strips sit beautifully in the chart area

sr

 

[Bewinner]

Hi sr114,

Thanks the thread has become live again....

I take into consideration where the signals are appearing,and what the volume is telling me........A signal that is appearing at the support level,or at the pullback is more important to me,than a signal appearing just at the top of price level..

I also try to follow the same logic...
When I started reading of your logic I first surprised why I need to use both MACD and volume spiker as u were against of those 2 things as I read some days back. Moreover Nirvana used MACD extensively. But after finishing paragraph I got that u r stick to ur old point.
As I am a still learner and learning to use Nirvana ur explanation gave me an edge.

 

[sr114]

Hi sr114,

Thanks the thread has become live again....
I also try to follow the same logic...
When I started reading of your logic I first surprised why I need to use both MACD and volume spiker as u were against of those 2 things as I read some days back. Moreover Nirvana used MACD extensively. But after finishing paragraph I got that u r stick to ur old point.
As I am a still learner and learning to use Nirvana ur explanation gave me an edge.

...I have my own style of trading with volume. I only take the "Spikes" of volume into consideration. I take into considerations those volume that breakout after flat zones. Also,I take into considerations where that breakout of volume is occurring.............And in my country,we have no fixed volume. I mean,it doesn't matter to me if the vol is over 1.5 millions or 2 million..............What I care about is whether big traders are sliently buying stocks. It is easily detectable through spikes of volume...............Doesn't matter if the volume is above 50000 or 100000. All that matters to me is whether the volume is creating spikes..

If you dont quote the full volume part than its looks ridiculous. now the question of volume in day trading - must be liquid so that we can exit easily when facing problem. entry is not a criteria as u can buy as much as u can but u cant sell that stuf easily.
Now in eod trading volume plays a great part - specially the accumulation and distribution zone. if u are aware of this zone by following any methods, then half of ur job is done. here comes the play of volume spiker in eod

sr

 

[a1b2c3]

this has to be done by trial and error, find the co-ordinates that suits you better.
i use x1=15 y1=25
x2=95, y2=35 x1 & x2 are constant.

and it goes on increasing the y1 and y2 part, so that the strips sit beautifully in the chart area

sr

sorry for disturbing ,could u give complete GfxRectangle COD , please please, thanks a lot,,,,,

 

[sr114]

sorry for disturbing ,could u give complete GfxRectangle COD , please please, thanks a lot,,,,,

here goes the command

GfxRectangle( 15,25,95,35 );

sr

 

[sr114]

Nifty 3 min

Bank Nifty

Tatamotors

sr

 

[Bewinner]

But sr114...frankly speaking Voulme spiker...I don't understand it. If u could clarify with picture it could help me a lot.
In my case volume is not a problem as I am a small day trader till date and trade with minifty. so Volume is still there.. And off course Nirvana for EOD is great. As I found there is a buy in REC LTD @174 in EOD by Nirvana ...It went to 180 within 2 days almost 5% in within 2 odd days

 

[a1b2c3]

here goes the command

GfxRectangle( 15,25,95,35 );

sr

so sorry sir >15,25,95,35 after this 2nd time how much increasing?

 

[sr114]

But sr114...frankly speaking Voulme spiker...I don't understand it. If u could clarify with picture it could help me a lot.
In my case volume is not a problem as I am a small day trader till date and trade with minifty. so Volume is still there.. And off course Nirvana for EOD is great. As I found there is a buy in REC LTD @174 in EOD by Nirvana ...It went to 180 within 2 days almost 5% in within 2 odd days

You dont have to use vol spiker in ur decision to buy or sell, but look at the volume of the scrip, what it is doing.

use a 22 day EMA of the volume and u will get an idea that if vol is in tandem with the average or rising or falling. this will help u to get an idea

sr

 

[sr114]

so sorry sir >15,25,95,35 after this 2nd time how much increasing?

its a trial and error method. use ur sense and go on increasing. only the y1, y2 part will increase

sr