Hi a1b1,
a commendable thread,feel sorry that I have located it very late,I would be very happy If i get good understanding of this ww which i will try my best to do,mean while I wanted to know can we use it for Fno because stakes are high it should be sure shot,,I would be grateful if you post good Fno ww,so that I will al will earn while learning.I have seen codes given by you and other traders but there is a problem,it can't be used by many trders who trade manually(your comments on
1.Whether we should learn them and use for the times ahead? will they be having edge on manual trading? what should we do when we dont have it also dont know how to feed the code and get Metastock or amibroker 'cause of additional expense? your guidance shall be valuable .I visited amibroker but cudn't explore to get the right info ,presently due shortage of finance I am keeping all such proposals in cold storage an looking for such weaponary knowledge in future will enable me to go for all such advanced tools(your comments again?))
best complemnents
god bless you,
Hi Vivek
Sorry, I did not reply previously, as I did not get what you want to convey.
Anyway answering, to the best of my understanding.
Certainly, you can use it for Futures as well. But the charts posted here by me are my observations and not predictions. And no sure shot. So one should take precautions while riding a WW. Must use strict SL, as per your risk management, while riding a ww. Nothing is sure shot in market study/analysis.
I have reduced the number of posts here, as I think there are no readers for this thread, except a few regulars, who I know. can draw good WWs by themselves. Moreover it takes too much of my time to scan the scrips and post a chart.
I have not posted any code for ww, as my understanding is, you have to learn to draw ww by yourselves. You have to learn to catch a ww, visually. 1-2 months of practice, will help you to judge a ww, on visual basis.