Trading according to Karthiks strategy..

[casoni]

Hello,
this will plot current day and y'day Last ATP ,
Hope this helps
Thank you

DayChange = Day() != Ref(Day(), -1);
AvgTradePrice = Null;
CurDayBars = 0;
CurDayCloseSum = 0;
C1= C;//Avg
for (i = 0; i < BarCount; i++)
{
if (DayChange)
{
CurDayCloseSum = C1;
CurDayBars = 1;
}
else
{
CurDayCloseSum = CurDayCloseSum + C1;
CurDayBars++;
}
AvgTradePrice = CurDayCloseSum / CurDayBars;
}
Plot(C,"",47,128);
Plot(AvgTradePrice, "AvgTradePrice", 3, 1);
PPC1 = ValueWhen( DayChange == True, Ref(AvgTradePrice, -1), 1);
Plot(PPC1, "Yday Last ATP", colorSkyblue, styleDots|styleNoLine|styleNoRescale );
Plot(DayChange,"",47,styleHistogram|styleDashed|styleNoLabel|styleOwnScale,0,1);

 

[ambarish123]

casoni ,the atp shouldnt curve,we need it static,i.e the atp should just be a horizontal line

 

[ethan hunt]

Deletedddd

 

[ambarish123]

alright gona try atp strategy on realtime with realmoney from monday onward will try to post regularly

The atp will be calculated using floor pivot afl...formula is HLC/3...buying trigger candle is atp touch and close above atp and vice versa for sell..

WISH ME LUCK!!!!!

 

[akrsrivastava]

Why? It gave its usual return of Re1/- in cash! It was long above 1PM bar and in the very next bar it moved by a Rupee!
Again it was long above 2:15 bar which took some time to give a rupee! I traded only the first one and not the second.
As per a call from rkkarnani had gone long in Adanient futures > 216.80 ~9:50 AM and got a rupee by 11, and then a short below 217.70 at ~ 11 AM and got a Re. very quick. He gave another call around 1 or 1:15 for a long but by then I had seen the levels were ready for a long as per Karthik's ATP so took that trade !
rkk had tried to explain the "why" for these calls but being very raw in Technicals am unable to follow. He even sent a chart but still all went over the head ! It becoz of this lack of understanding I seek Trade levels on these threads !

@pcj, The ATP of ADANI cash was 217.18. The candle of 10:15 crossed the ATP line and closed below, indicating short at 215.65. The candle of 10:30 filled up the short order and then the price went right up to hit the SL 217.35 by the 10:45 candle. A trade reversal at this point also hit the SL. So a double SL hit (infact triple SL hit because, on reversal, we double the position) . Seems you were lucky enough to miss out on the earlier trigger, or does your chart not indicate this trade?

 

[pav]

hello,
this will plot current day and y'day last atp ,
hope this helps
thank you

daychange = day() != ref(day(), -1);
avgtradeprice = null;
curdaybars = 0;
curdayclosesum = 0;
c1= c;//avg
for (i = 0; i < barcount; i++)
{
if (daychange)
{
curdayclosesum = c1;
curdaybars = 1;
}
else
{
curdayclosesum = curdayclosesum + c1;
curdaybars++;
}
avgtradeprice = curdayclosesum / curdaybars;
}
plot(c,"",47,128);
plot(avgtradeprice, "avgtradeprice", 3, 1);
ppc1 = valuewhen( daychange == true, ref(avgtradeprice, -1), 1);
plot(ppc1, "yday last atp", colorskyblue, styledots|stylenoline|stylenorescale );
plot(daychange,"",47,stylehistogram|styledashed|stylenolabel|styleownscale,0,1);

please translate that afl into metastock language.

Thanks

 

[Xitij]

@pcj, The ATP of ADANI cash was 217.18. The candle of 10:15 crossed the ATP line and closed below, indicating short at 215.65. The candle of 10:30 filled up the short order and then the price went right up to hit the SL 217.35 by the 10:45 candle. A trade reversal at this point also hit the SL. So a double SL hit (infact triple SL hit because, on reversal, we double the position) . Seems you were lucky enough to miss out on the earlier trigger, or does your chart not indicate this trade?

Well no idea at all about charts and particularly Cash chart ! I got the levels from rkkarnani ! Will request him to clariy. He surely asked me to trade in Futures and I traded 1 lot each time.
I have been trying to get rkkarnani to reply to a few other queires but he seems preoccupied and has not responded.

 

[Xitij]

please translate that afl into metastock language.

Thanks

You may ask, rkkarnani he sent me a chart pic. of a chart with almsot what you seek ! Previous days Avg price in todays 15 min. chart !

 

[ethan hunt]

Ambarish & Casoni ATP's are different.

Which one is closer to NSE ATP ?

 

[pav]

Hello,
this will plot current day and y'day Last ATP ,
Hope this helps
Thank you

DayChange = Day() != Ref(Day(), -1);
AvgTradePrice = Null;
CurDayBars = 0;
CurDayCloseSum = 0;
C1= C;//Avg
for (i = 0; i < BarCount; i++)
{
if (DayChange)
{
CurDayCloseSum = C1;
CurDayBars = 1;
}
else
{
CurDayCloseSum = CurDayCloseSum + C1;
CurDayBars++;
}
AvgTradePrice = CurDayCloseSum / CurDayBars;
}
Plot(C,"",47,128);
Plot(AvgTradePrice, "AvgTradePrice", 3, 1);
PPC1 = ValueWhen( DayChange == True, Ref(AvgTradePrice, -1), 1);
Plot(PPC1, "Yday Last ATP", colorSkyblue, styleDots|styleNoLine|styleNoRescale );
Plot(DayChange,"",47,styleHistogram|styleDashed|styleNoLabel|styleOwnScale,0,1);

please translate that afl into metastock language.

Thanks

You may ask, rkkarnani he sent me a chart pic. of a chart with almsot what you seek ! Previous days Avg price in todays 15 min. chart !

Dear rkkarnani,
please translate that amibroker afl into metastock language or if you already
have ATP AFL in metastock language according to pcj1947. please post it
or PM me.

Thanks and Regards
Pav