Tweaks/Experiments in Saint's Intraday Miniflow Method.

[ajit123]

target will be 2767 perhaps

 

[ajit123]

i am mock trading it

 

[ajit123]

do you still buy if nifty has already risen by 2% from low

 

[FlowTrader]

Shifting SAR to 1.30 bar low- SF as per this tweak. I will not prefer to add here as NF has moved almost 50-60 points from low but will look for part profit booking at 1.30 bar high +7 +10.

Manoj

Hello Manoj

Looking at current ATR (daily TF) can give us an idea for the potential for highs n lows.

For e.g today there is a posibility for NF to make a high of 85-90, based on yesterdays close, current lows, and current ATR value, just my view.

BTW currently the ATR's trend is increasing, so we may also get greater than average range, so indicating higher values.

 

[manojkch]

manoj
as per your tweak perhaps nifty has triggered a buy,isnt it true

Yes Ajit. If we are treating it as separate method. But as per Saint's main method, it has supported our buy decision.

As NFis moving towards our target ( 1.30 High +7+10 ), I will look for profit part booking. May be I will book 2-3 points earlier, as NF had moved far away form days low.

Thanks and regards.
Manoj

 

[manojkch]

target will be 2767 perhaps

Yes Ajit.

Thanks

 

[manojkch]

Hello Manoj

Looking at current ATR (daily TF) can give us an idea for the potential for highs n lows.

For e.g today there is a posibility for NF to make a high of 85-90, based on yesterdays close, current lows, and current ATR value, just my view.

BTW currently the ATR's trend is increasing, so we may also get greater than average range, so indicating higher values.

Thank you PK for giving valuable input. But I really don't have deep study of ATR. May be you can help in this tweak by this ATR factor.

Thanks
manoj

 

[manojkch]

Today also, as the NF moved far from days high, here we can look for part profit booking.
One more thing, As our SAR was 2.00 bar high + filter (2754+7 = 2761) as per Main method and as per the tweak 1.30 bar high was 2774, the difference is very low. and as per this tweak there is very less probability of trade reversing above1.30 high + filter hence we can conclude that in such situation it is better to avoid reverse the position and STOP at SAR point.

Thanks

 

[ajit123]

dear manojkch,your finding is a very good thing.in continuation for three days i booked 15 points .
thanks yaar

 

[ajit123]

am looking for today too