My System - My trades.

I have only answered half his querry. Pls digest this info and then i will take the other part. Read the post twice if need be because i want us all to be on the same page.

MB ji it may seem difficult to adhere to but beleive me it is very very easy to implement once you start using it. It is all so objective, no discretion needed. In fact it can be left to be done mechanically too. I am sure our very own Happy Singh (My mentor for AFL's) will be able to come up with an AFL to implement it mechanically.

My personal opinion: sharing afl with buy sell arrows is not useful for the community.

i just wanted to touch upon the objectivity part of trailing the SL by this method. Whatever can be achieved mechanically is pure and free from any and all bias.

sir , thanks now i understood your TSL . waiting for another part :thumb:

Yes, making this system mechanical is in my to-do list.
In the recent past i managed to make pivots bo/bd somewhat mechanical.. The code was quite tough to crack.
This method can be made mechanical with less effort, of course.

Ok Sai ji. Shall i post it on the same post for continuaty or new one.

Sir,so that means,even if price and OBV is above 200EMA,we do not take a trade if the price is coming below 36EMA.
And if a pivot is breaking below 36EMA,though price and OBV is above 200EMA,it is a possible reversal sign.We take a long only when there's a pivot break above 36EMA.

did I get the concept now?

and what if there's a pivot break upside but below 36EMA?
(price and OBV are above 200EMA>then price coming below 36EMA>then before crossing 36EMA,there it made a pivot high>then it crossed 36EMA...
here we are long or wait for a pivot to be form above 36EMA strictly?
We are still in Uptrend as per 200 and OBV setup,we just had a pullback and a pivot below 36EMA

i think he did not explain anything about reversals yet..... or i might have missed it..