Stock FUTURES To Keep A Close Eye On

SavantGarde

Well-Known Member
Hi RKG,

Yes couldn't start the thread..... had forgotten my sisters's B'day...so had to rush....!!!

Anyways...for Longs look for Longer lower wick than the previous candle's lower wick....similarly for shorting Longer upper wick than the previous candle's upper wick....and then Plot the Pivot based on recent Swing High & Low & Close of the Demand Bar.......!!!


SG

SG

After 18-20 Bars of Up move it is looking that we may have intraday correction May be 5270 Spot levels, if that happens then we must me ready with our orders in system, was waiting for ur post on demand bar/supply bar to work on that may after 3 days,

What is entry level for ICICI
Reagrds
 

rkgoyal_98

Well-Known Member
Hi RKG,

Yes couldn't start the thread..... had forgotten my sisters's B'day...so had to rush....!!!

Anyways...for Longs look for Longer lower wick than the previous candle's lower wick....similarly for shorting Longer upper wick than the previous candle's upper wick....and then Plot the Pivot based on recent Swing High & Low & Close of the Demand Bar.......!!!


SG
Will try to make an exploration based on the creiterian explained after market today,
An will look for Pivot calculations on chart seperately as an indicator
Regards
 

stock72

Well-Known Member
Hi RKG,

Yes couldn't start the thread..... had forgotten my sisters's B'day...so had to rush....!!!

Anyways...for Longs look for Longer lower wick than the previous candle's lower wick....similarly for shorting Longer upper wick than the previous candle's upper wick....and then Plot the Pivot based on recent Swing High & Low & Close of the Demand Bar.......!!!

SG
for me it looks like reading an ancient text ......hahhahaha
 

rkgoyal_98

Well-Known Member
i ahve made something like this

X = Min(Ref(O,-1),Ref(C,-1));
Wick1 = Ref(L,-1)-x;
Y = Min(O,C);
Wick2 = Ref(L,0)-Y;
Buy = wick2>wick1;
X = Max(Ref(O,-1),Ref(C,-1));
Wick1 = Ref(H,-1)-x;
Y = Max(O,C);
Wick2 = Ref(H,0)-Y;
Sell = wick2>wick1;

Filter = Buy OR Sell;
SetOption("NoDefaultColumns", True );
AddTextColumn( Name(),"Name" );
AddColumn( DateTime(), "Date", formatDateTime );
AddColumn( IIf( Buy, 66, 83 ), "Signal", formatChar );

Few more things need to be added

1 For buy do we price near the low in Last 15-20 Candle)
similarly for sell too
Regards
 

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