Learn How To Fish
- Thread starter VJAY
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On 6th Apr, wipro made a high at the end. Do we call that as a mph/vph?
We didn't had a confirmed decline on 6th. But, on 7th we had a mpl break after gap down.
At what point does it become mph or vph ?
Does that first red bar on 7th make it a mph ?
As Nifty not giving much points in intraday trading now days ..I just started to backtest this method BNF in 3 tf for myself to get familarise in BNF ...as I never tryes bnf intra earlier 
I plan to test it atleast for one year data....lets see whats happen...
This is jan 2017 test ...may be help this fig for some one interested
outcome is loss trades are more than winners!!!!!!
looking this chart BNF in good moves but it not reflected in intra trades
Also if we add slippage avg 5 point /trade (I think mostly its above thsi fig)then it will eat 240 points from profit
I plan to test it atleast for one year data....lets see whats happen...This is jan 2017 test ...may be help this fig for some one interested
outcome is loss trades are more than winners!!!!!!
looking this chart BNF in good moves but it not reflected in intra trades
Also if we add slippage avg 5 point /trade (I think mostly its above thsi fig)then it will eat 240 points from profit
Thanks for making this method as a file:thumb:...My earlier thread deleted from forum when no one saved it ..me too
https://docs.google.com/document/d/12cL6h6u_riZ2ww_E-RTBZO6u3d-WkeKcuJs9JWgukwY/edit?usp=sharing
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