Trading with OBV - for Beginners only !!

[XRAY27]

Bro DP means Decision Points , Decision point a book written by ST sir said consider PDH , PDL PDC as decision points . i think xray bro mention ST sir decision points not Developing profile because Xray bro not use developing profile in his trade.

Yes !!! These are not developing profile !!!

 

[Aman1]

how to increase right side empty space in amibroker? xray's pdc lables not showing properly.

 

[timepass]

Is there a method for non-Amibroker traders ?

 

[vijkris]

how to increase right side empty space in amibroker? xray's pdc lables not showing properly.

Go to tools- preferences- charting- "blank bars in right margin". increase the values..

Is there a method for non-Amibroker traders ?

Yes.. 1st method can be used in kite. 200ema in obv has to be plotted and pdc has to be plotted manually..
Will share the details after my backtest is over.. I am concentrating on 1st method right now...

 

[Aman1]

Not working man . Asking value b/w 0-50. I'm already using 50.

 

[aja]

Bro DP means Decision Points , Decision point a book written by ST sir said consider PDH , PDL PDC as decision points . i think xray bro mention ST sir decision points not Developing profile because Xray bro not use developing profile in his trade.

yachusai,Decision Points book is written by the trader named Smart Trader.
He is different that ST(smart_trade)da here.Hope you are not assuming that ST as our ST da here.

 

[niftytaurus]

Is there a method for non-Amibroker traders ?

Hi Time pass Bro
Non-amibroker User can use basic method( the first method taught by VarunJI)..
1) PRICE & obv both above their 200ema-long trades only
2)price & obv below their 200 ema- short trades only

EMA & OBV available in other charting platforms also
thanks

 

[XRAY27]

Is there a method for non-Amibroker traders ?

TP BRO !!! for non amibroker traders following is the setting

Price chart 36, 200 EMA

Above 200 bullish and below bearish 36 for PB,Add-on

OBV plane :200 EMA

Scale :1 min

Trade :when both condition in price and OBV match each other

Mode of entry : pivot/swing structure

 

[niftytaurus]

Anyone please back test for past 6 months the" 5 period obv on BankNIFTY daily chart " as suggested by Varun sir for positional trades .

Anyone please post as many people may benefit by the same .

Thanks

here the 1 year chart of bnf of daily charts with 5 period OBV
thanks

 

[Smart_trade]

here the 1 year chart of bnf of daily charts with 5 period OBV
thanks

Chart shows that 5 bars bands support and resistance method did very well on daily timeframe....it caught the entire move with very less number of trades.

Smart_trade