My System - My trades.

[papa]

MB bro please share the LV on OBV AFL...

 

[Apacheindian]

MB bro please share the LV on OBV AFL...

Here it is,

Plot( OBV(), _DEFAULT_NAME(), ParamColor("Color", colorCycle ), ParamStyle("Style") );



_SECTION_BEGIN("HiLo Vol N");



n=Day() != Ref(Day(), -1);



a=LowestSince(n,V);

hh=ValueWhen(V==a,OBV());

ll=ValueWhen(V==a,OBV());



Plot(hh,"\nLVhb",colorGreen,styleDots);

Plot(ll,"\nLVlb",colorred,styleDots);



_SECTION_END();

 

[checkmate7]

Bro which TF u prefer for Crude for LV bar concept

3min TF and in commodity LV bar is best respected then in F&O or stock...

Thanks to Varunji for giving such a wonderful concept which is unheard of :thumb:

And also to traderji for bringing all of us together and helping us learn from everyone :thumb::thumb::thumb:

 

[Apacheindian]

3min TF and in commodity LV bar is best respected then in F&O or stock...



Thanks to Varunji for giving such a wonderful concept which is unheard of :thumb:



And also to traderji for bringing all of us together and helping us learn from everyone :thumb::thumb::thumb:

Varun jis all systems are innovative be it OBV EMA overlay/ 15-30-60 Ribbons / now OBV with LV bar.
Great contribution by him to traderji.

On a lighter note, I think he should patent these systems ..!!

 

[varunkochhar]

I beleive that OBV is like a fathfull dog and price is like a mistress (chanchal). The best in life can be got from a faithfull dog and a faithfull mistress (when both are in sync). I am sure i will get a lot of flak from my this comment. The big boys use price as a weapon to seduce people out of their positions. (Honey trap). But OBV is his master's faithfull companion. More often than not you cannot sway it away from his master.

 

[varunkochhar]

You would have realised that inspite of my so many "SYSTEMS", we are just effectively trying to capture BO and BD.

 

[varunkochhar]

 

[varunkochhar]

The above method works very well on trending days where you get maximum juice out of the system.

 

[arjun.panda]

sir,
what is that red ribbon line? and the green line that is apart from the vtop?
thanks

 

[varunkochhar]

The green line is the LV bar OBV line. And the ribbons are based on 5/15 bars lowest/highest breaches.