My System - My trades.

V

varunkochhar

Banned
#4,521
#4,521
Smart_trade said:
Today any chart of BNF was showing that the stock is heading up...but between the two charts I like the first chat ( 200 tick) ....my personal preference as it gives more crisp trades with well defined stops and adds....

Smart_trade
Click to expand...
Yes you are right. Today all charts would give a good trend. Will have to wait for a few more days for more data.
 
checkmate7

checkmate7

Well-Known Member
#4,522
#4,522
I like 500 tick chart better becoz it is very clear.... Though I haven't used it :)
 
V

varunkochhar

Banned
#4,523
#4,523
varunkochhar said:


This is a 500Tick chart of BN. The earlier was 200Tick Chart. Which one is more crisp and better. Pls give your suggestions as i am new to tick charts. I Think 500Tick charts are better as you observe that after BO the sl were clearly visible (as lows of the bar) which were never violated once into a tend. But the 200tick charts gave you points of adds too.
Click to expand...
Just checked up today's LV bar. Guess where it had come. Yes just before the big green bar signalling the uptrend.
 
Smart_trade

Smart_trade

Moderator
#4,525
#4,525
varunkochhar said:
Ditto for 200Tick charts (LV bar)
Click to expand...
In 200 tick chart all bars will be of the same volume ie 200 ticks....there won't be any LV bar.The height of the bars meaning the price distance travelled will differ.

Smart_trade
 
wisp

wisp

Well-Known Member
#4,528
#4,528
Smart_trade said:
In 200 tick chart all bars will be of the same volume ie 200 ticks....there won't be any LV bar.The height of the bars meaning the price distance travelled will differ.

Smart_trade
Click to expand...
Da, are these volume bars that used to be traded in TSF by muthu?
 
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