Experiments with OBV

[wisp]

@wisp sir,

:lol::lol::rofl::rofl:

 

[Vipul_84]

If bias is negative as per OBV PDC, the short is only after price goes thru all DPs? That means below PDL & 2PDL? Is this right?

aja garu !!!

2 trades 1 is BE another minor loss trade as per system rules..total jhand day in action!!!

Remember these are experiments !!!

Day summary

obv bias negative

short trade after price moving past all Dp's

 

[wisp]

GM friends. Thankyou to Wisp and Vijkrish.I am using Kite and MT4.Any indicator in Kite for this purpose?.But it is possible to use 15 min 3 candles Hi Low for this purpose.It is right?.thankyou onceagain. :clapping:

Please check 1 min chart in kite. 3 to 3.15 pm there are 15 1 min bars. In the OBV pane, the high during this period and the low during this period are marked and we watch for break of high or low, this is made for every 15 periods (15xtf of bar) and we watch to see if this high and low are broken during the next 15 period or thereafter. We ignore the small highs and lows made in between this 15 period. Of course we start this from 9.15, not from 3.15

 

[Tukaram]

how get this red chart wisp

 

[vijkris]

Please check 1 min chart in kite. 3 to 3.15 pm there are 15 1 min bars. In the OBV pane, the high during this period and the low during this period are marked and we watch for break of high or low, this is made for every 15 periods (15xtf of bar) and we watch to see if this high and low are broken during the next 15 period or thereafter. We ignore the small highs and lows made in between this 15 period. Of course we start this from 9.15, not from 3.15

You are roughly correct. The ribbons drawn using this will not be a match to the afl.
1. even a decimal point above or below will be considered bo/bd. Afl doesn't know small highs/lows..
2. In afl, previous 15 period is like moving average, as soon as new bar comes the criteria shifts by one bar ahead. Of course the same cannot be done manually..
3. Once the bo happened, the blue color is maintained until low bd happens. So in between obv can dance and come below the bo level but ribbon color will not change.

 

[Tukaram]

afl trade is autometic vijkris?

 

[vijkris]

afl trade is autometic vijkris?

No. trading is manual. Afl just displays whether bo/bd happened or not. Taking a trade decision is in your hands.

 

[XRAY27]

If bias is negative as per OBV PDC, the short is only after price goes thru all DPs? That means below PDL & 2PDL? Is this right?

Perfect !!!

 

[PUCHU_2500]

HOLYGRAIL
GREAT TRADING SYSTEM

https://drive.google.com/file/d/0BycKfHfOz5_6N2g3R0Q1SnlkVUk/view?usp=sharing

 

[VJAY]

HOLYGRAIL
GREAT TRADING SYSTEM

https://drive.google.com/file/d/0BycKfHfOz5_6N2g3R0Q1SnlkVUk/view?usp=sharing

:rofl::lol::lol::lol: