My trades based on "new way of pivot trading" and vwap

@ NT ji,
how much ever I tried , I could not get my ama chart to look like this. even tried changing parameters. it is showing only higher tf ama and not current tf ama,
can u tell did u do anything specific..?

Dear Vijkris Bro..NT is enough..Y extra JI?
I am nothing doing special..As I have already told you I am illiterate in ami & if you talk about code..its just like a foreign language for me.
I am not doing any specific....there is squence to putting it
if your chart is 5 minute..then first put vol price afl
then drop & drag 3 times ama afl on chart.
now go to parameters..there is option for TF..in parameters..it will show 3 amas..now in first aa..put TF-60 min, then in 2 ama do 15 min & in last lowest TF..here 5 min..then change color as you want..as when they are superimpose..5 min layer will be above all layer..& you find this kind of chart
hope it helps
thanks

thanks for info.. I actually was never honest in paper trading, so nowadays trading with real money only. Still ur backtesting/forward testing method is an inspiration, . now I feel , why I cheated in paper trading is bcos of absence of detailed plan and huge subjective assessment. In live trading every big red bar looks like reversal in uptrend, whereas in hindsight, it was just a PB to MA.:lol:
so, in my opinion, with real money real emotions come into play.
atleast in equities small amt can be used to train psychology.

well, -" 4. a trending stock has a sideways phase b4 continuing the trend, so sideways is not eliminated fully, but yes only high probability stocks can be kept in watchlist."

What I meant was in exploration all 3 tf may show trending, but still today's price action may result in doji etc, thus less profits/loss .

y
Hi Vijkris
In my starting days of my Trading, I never Back test or paper trade..however, all books & experienced traders shout to paper trade & back test..whenever I find new method..I just see some charts on TT-trade tiger ( I didnt have AMI ..I have got ami just 6 monthes back) TT gives just 1 month historical intraday chart with few indicators)..I used to see those charts & found good & then used to jump into market with Real money ..I have lost a lot of amount in it..A Big dent on capital..Big means Real bIG..but I never used to back test ..I never did Paper trade..& E ven trade with real money every new setup ..market slaped me hard & then found another method & see TT charts & then again went into market with new methosd & real capital..It sounds so foolish of me! but I was like that.Even there was no MM Plan..big positions but no entry rule or exit rule..then panic & fear..it didnt damaged you monetry but also Psychological damage..which is big damage..
So now onwards, In my tradign lab..so many experiments goes on..tested ..most of the time now goes on back testing..I have got ami just 6 monthes back..so I have privilege to see all historical charts also..& I can test any new concept..now I know what will work or what will not work..
Its good that you are trading with real money..it is like forward testing..its good..
but still when you will go with your real capital..you will feel emotions will be change..even with the same method..putting 1 lot on stake & putting 10 or 100 lots on stake ..both will change your psychology..when we put 100 lot with same emotions as we put 1 lot..that is Trading Nirvana..every seeker should achieve that

on red highligted point, I am totally agree with you..It can be happened..but we traders live only on Probabilities
thanks

thanks again.
its nice to hear true life experiences and learn.
in most of the books it is written 90%trading success depends on psychology and money management. 10% on method.
based on ur past experience, now u want to desperately remove emotional/subjective parts in the method, I agree with u totally.:thumb:
I wish I would be of any help in this regard. I m also on the same quest actually.
Believe me, it is rough backtesting/forward testing, whatever u may call,
for trades in 1st hour of opening, IDF has extremely high accuracy
even when 1st entry gives loss, next entry makes up for the loss, and r:r is really good. I don have statistical evidence to prove
but it can be tried.

my peculiar weakness is that I don understand a method, until I code it in afl.
as u know ami is big stupid. one has to really understand the method in deep, then only it can be coded.
IDF is in my next target, once I create the updated trading plan.
As +1sd forms after 1 hr, I never login b4 10 am. IDF will give me a reason to login by 9.15:rofl:

Vijay its good to be humble, but don't be too good

sorry, I din understand.
sorry if I offended anyone.

Oho, I meant you are a very humble guy, but you have a very intelligent trading mind. Please accept that.

for trades in 1st hour of opening, IDF has extremely high accuracy, yes have already posted couple of very good setups of this in subhadip thread. .