Trading Nifty with Camarilla Pivots...!
- Thread starter linkon7
- Start date
- Tags camarilla pivots cci day trading loser linkon7 nifty
Linkon ji I was only refering to my knowledge level.....what i meant was everything is so easy for you...the teacher ....and I was meaning it will take years for beginners like me to master....learning the spirit from you :clapping:Linkon ji....and learning the logic from you:clapping:....
have a super weekend
Sreenan
have a super weekend
Sreenan
I am no teacher. If I was a expert, i would be on TV telling people why thing that i predicted yesterday didnt happen today. :lol:
I was just stating the problems we all have. I used to track a lot of data right from OI buildup to PCR ratio to advance-decline ratio. So many thing that were useless as a intraday trader was important to me because the people on TV always reffered to them for giving the bigger picture.
Ever since i accepted the fact that everything worth knowing is there in the chart itself, i stopped watching CNBC and their expert's opinion didnt matter anymore. Almost all the experts were saying that 5350 to 5400 is the immediate target, and i didnt think twice about shorting at 5277 and then again at 5282, simply because my chart was saying its a short.
I was just stating the problems we all have. I used to track a lot of data right from OI buildup to PCR ratio to advance-decline ratio. So many thing that were useless as a intraday trader was important to me because the people on TV always reffered to them for giving the bigger picture.
Ever since i accepted the fact that everything worth knowing is there in the chart itself, i stopped watching CNBC and their expert's opinion didnt matter anymore. Almost all the experts were saying that 5350 to 5400 is the immediate target, and i didnt think twice about shorting at 5277 and then again at 5282, simply because my chart was saying its a short.
I dont have RT for futures , so following spot NSE to trade futures. I did 2 trades
Trade 1: Long. BB Band is flat for more than 1 hr. Then lower BB pierced at noon and CCI hook came and started going up, took long and exited when price pierced opposite band. 15 points profit
Trade 2 : Short. BB in downward channel with more than 30 degree slope. waited for band pierced and CCI hook down, took short. exited when price pierced the band. 15 points profit
overall market is in narrow range, so taking small profits. collectinng peanuts is better than taking dog for walk
Hi Linkon,
As per your posts regarding Buy/sell conditions (3 buy conditions & 3 shorts), I have modified your afl with Buys, shorts and Stops which can be seen in AA.
Also check out the parameters.
Kindly advise if everything is okay regarding levels etc which we can modify if necessary.
also see if the conditions of entry triggers and stops are correct.
kindly also see the R!, R2 R3 parts if correct
many thanks - see attached
As per your posts regarding Buy/sell conditions (3 buy conditions & 3 shorts), I have modified your afl with Buys, shorts and Stops which can be seen in AA.
Also check out the parameters.
Kindly advise if everything is okay regarding levels etc which we can modify if necessary.
also see if the conditions of entry triggers and stops are correct.
kindly also see the R!, R2 R3 parts if correct
many thanks - see attached
Last edited:
I dont have RT for futures , so following spot NSE to trade futures. I did 2 trades
Trade 1: Long. BB Band is flat for more than 1 hr. Then lower BB pierced at noon and CCI hook came and started going up, took long and exited when price pierced opposite band. 15 points profit
Trade 2 : Short. BB in downward channel with more than 30 degree slope. waited for band pierced and CCI hook down, took short. exited when price pierced the band. 15 points profit
overall market is in narrow range, so taking small profits. collectinng peanuts is better than taking dog for walk
Its excellent....! will go through it this weekend.
I was thinking of diversifying to stocks options and have a few ideas that need to be afl-ed. Honestly, i love options trading more than futures and the risk reward ratio in stock-options is mind boggling. will PM you the details as i dont want to divert this thread to another direction.
I was thinking of diversifying to stocks options and have a few ideas that need to be afl-ed. Honestly, i love options trading more than futures and the risk reward ratio in stock-options is mind boggling. will PM you the details as i dont want to divert this thread to another direction.
vinod, few suggestions from me
condition 1: CCI hook should be at bottom and start going up
bCond1=Flatbb && Green && C>bb20225b && Ref(Cross(bb20225b,C),-1) && Ref(Red,-1) && CCI(14)>Ref(CCI(14),-1);
may be modified as
bCond1=Flatbb && Green && Ref(Cross(L,bb20225b),-1) && Ref(Red,-1) && CCI(14)>Ref(CCI(14),-1) && CCI(14) < -150;
we are in flat bb, current bar is green , prev bar has pierced bb20225bottom and is red and cci hook at bottom started going up. i removed current c>bb20225b as we could still buy even below the band , and cci value should be around -200.
cci -150 could be a parameter. same thing on short side, it will be +150
bcond2=upbb && Green && CCI(14)>Ref(CCI(14),-1) && C>bb201;
may be modified as
bcond2=upbb && Green && CCI(14)>Ref(CCI(14),-1) && Cross(L,bb201);
we buy when slope is above 30 degrees, current candle pierced bb201 top. close is always above bb201 top (in the channel), but we need cross-over
i may be wrong, i am also learning from this thread only
condition 1: CCI hook should be at bottom and start going up
bCond1=Flatbb && Green && C>bb20225b && Ref(Cross(bb20225b,C),-1) && Ref(Red,-1) && CCI(14)>Ref(CCI(14),-1);
may be modified as
bCond1=Flatbb && Green && Ref(Cross(L,bb20225b),-1) && Ref(Red,-1) && CCI(14)>Ref(CCI(14),-1) && CCI(14) < -150;
we are in flat bb, current bar is green , prev bar has pierced bb20225bottom and is red and cci hook at bottom started going up. i removed current c>bb20225b as we could still buy even below the band , and cci value should be around -200.
cci -150 could be a parameter. same thing on short side, it will be +150
bcond2=upbb && Green && CCI(14)>Ref(CCI(14),-1) && C>bb201;
may be modified as
bcond2=upbb && Green && CCI(14)>Ref(CCI(14),-1) && Cross(L,bb201);
we buy when slope is above 30 degrees, current candle pierced bb201 top. close is always above bb201 top (in the channel), but we need cross-over
i may be wrong, i am also learning from this thread only
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