Discussion on kolkata meet signal

[beginner_av]

Ashishda,

Your indicator looks like zero lag MA to me.Am I right?Whats the relevence of horizontal lines?Plz reply.

Regards

Zero Lag? How's it possible? How is it an MA then?

 

[dhakkan]

Zero Lag? How's it possible? How is it an MA then?

Hi.. try this <http://www.google.co.in/search?q=zero+lag+MA>...

 

[beginner_av]

Hi.. try this <http://www.google.co.in/search?q=zero+lag+MA>...

Please read the sentence just below the chart in the link that you posted.

 

[dhakkan]

Please read the sentence just below the chart in the link that you posted.

which chart... I could not get it...

 

[kkseal]

it wud be helpful if
1)ashsishda cumes up with an expert for us to backtest data
2)an AFL i made so ami users can bnefit(i think he is already working on tht)
3)an explanation is given

instead concluding tht it is the zero lag MA or sumthing sumthin else, i think we shud utilise this thread for practical purposes.

Even MS code will do Did he provide the same at the meet? If so then one of those who attended the meet can post the code file here.

Regards,
Kalyan.

 

[vvvv]

Even MS code will do Did he provide the same at the meet? If so then one of those who attended the meet can post the code file here.

Regards,
Kalyan.

formula is password protected

 

[coolblue]

..............

 

[kkseal]

formula is password protected

I see. Understandable.

 

[rkkarnani]

Ashish da gave us the Rule to trade.

Ignore for starters the Horizonatal staright lines. They seem to be some Fibonacci levels of previous price moements high/low.

We go long above the high of the bar closing above the Blue Line.
We reverse the trade when a bar closes below the blue line. We sell below the low.
Appropriate filter is used to get the Long and Short levels.
The indicator seems to be doing good on 5 min. chart with an entry SL taken at 0.1%.

Regards
R K Karnani

 

[rkkarnani]

The Indicator seems to work even on lower SL too. We can have a fixed SL and maybe a fixed Target also.