|
|
| Discuss breakout at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi, can i know what are the indicators to look at to spot a potential ... |
|
|||||||
| Technical Analysis Discussion of all the principles involved in technical analysis. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#2
17th August 2005, 08:45 AM
|
|||
|
|||
Re: breakout
heavy volume on break out is a relaible indicator but never forget to put ur stoploss,this is the most important indicator than anything else.
|
| The Following User Says Thank You to billauday For This Useful Post: | ||
mukesh1234 (22nd November 2009) | ||
|
#5
17th August 2005, 11:00 AM
|
|||
|
|||
|
Re: breakout
in this case there is no increase in volume.
how can you be should that it is a breakout? Quote:
|
|
#6
17th August 2005, 03:44 PM
|
|||
|
|||
|
Re: breakout
Checked the close of KEC? Price precedes everything. Price precedes technicals, technicals precedes news
 . Check my post on Radico, very similar breakout it has reached the mentioned targets.
|
|
#8
17th August 2005, 07:41 PM
|
||||
|
||||
|
Re: breakout
Quote:
Consolidation Breakout Upside If(Ref(Fml("Congestion Index"),-5),<,10, {and} If(Fml("Congestion Index"),>=,10, {and} If(CLOSE,>,Ref(HHV(C,80),-5), {and} If(Mov(V,5,S),>=,1.5*(Ref(Mov(V,60,S),-5)),+1,0),0),0),0) Consolidation Breakout Downside If(Ref(Fml("Congestion Index"),-5),<,10{%}, {and} If(Fml("Congestion Index"),>=,10{%}, {and} If(CLOSE,<,Ref(LLV(C,80),-5), {and} If(Mov(V,5,S),>=,1.5*(Ref(Mov(V,60,S),-5)),+1,0),0),0),0) Congestion Index ((HHV(C,80)-LLV(C,80))/LLV(C,80))*100 You can use these formulas in the explorers to screen the stocks hope this helps Karthik
|
|
#9
17th August 2005, 08:41 PM
|
|||
|
|||
|
Re: breakout
when you use this on KEC is it successful?
Quote:
|
|
#10
17th August 2005, 11:47 PM
|
||||
|
||||
|
Re: breakout
cmlee
The formula I gave was from guppytraders.com. After experimenting with this I found that we have to fine tune this to suit the market condition. The formula assumes that during consolidation the congestion index is less than 10% and the consolidation period is quite long. In a fast market like the one we are seeing the consolidation period is short and the the congestion value is rarely less than 10%. So after some fine tuning I found that 15% congestion value is more appropriate for our present bullish market we are seeing. Also I reduced to period to 40. With this the Indicator does show the breakout for KEC. Also for D-LINK which jumped up by 15 points the Indicator showed the breakout. My tuned formula is given below for your reference. Iam enclosed the charts also. Consolidation Breakout - Upside If(Ref(Fml("Congestion Index"),-5),<,15, {and} If(Fml("Congestion Index"),>=,15, {and} If(CLOSE,>,Ref(HHV(C,40),-5), {and} If(Mov(V,5,S),>=,1.5*(Ref(Mov(V,40,S),-5)),+1,0),0),0),0) Consolidation Index ((HHV(C,40)-LLV(C,40))/LLV(C,40))*100 Karthik Last edited by karthikmarar; 20th May 2008 at 12:31 AM.
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: breakout
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Breakout in SRF ? | nareshch | Technical Analysis | 7 | 22nd April 2011 10:04 AM |
| Pnb -- Breakout | im3vil | Equities | 1 | 24th November 2004 09:30 AM |
| Breakout in Gold | TradingPicks | Metals | 6 | 5th November 2004 09:51 AM |
| Zee TV - Contracting for a Breakout! | Traderji | Equities | 20 | 25th October 2004 08:32 PM |
| Breakout in Finolex industries? | sh50 | Equities | 7 | 21st October 2004 01:40 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum/site.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
