Intraday trading

Hi everybody,

I want to discuss a method which I figured out a couple of months back and which I am using for intraday trading.

Buy when:
the total range of all the green candles is greater than the range of red candles by a set value through parameters.
AND
Fibonnachi retracement signals Buy and when cross 23.6%
AND
OBV angle >30
AND Chaikin volatality is greater than zero

target 1: 61.8%
target 2: 78.6%
as each level is crossed trail the stop to the preceding level.

Stoploss: the immediate fib level preceding the level crossed upon price close greater than 60% of last level on way up (trail).

- VICE VERSA FOR SHORTS.

Stock selection criteria
using the eod explore (set through parameters) select those stocks which are NR7,8 and inside.

attached afl for this.

trade at your own risk.

Best of Luck

small bug kindly replace the following part in the code with this and save

red=(since & (C<O | C==O));
green=(since & (C>O | C==O));

Vinod

I get error on this line =
SetChartOptions(0,chartShowArrows|chartShowDates|chartWrapTitle|chartHideQuoteMarker);


and the error is-
Error 29. Variable <name> used without having been initialized.
You can not use (read) the variable that was not initialized first. You should assign the value to the variable before reading it.

remove the space between "c and "H in chartwraptitle in the quoted line save and see

also everyone pls note that the afl will work only during market hours with realtime data and cannot be used for end of day. use 15 mins chart for maximum stability without whipsaws

Sir,
thank you for the afl.
I have been using your nick and h afl for quite some time and it has given me entry and exit points well. But when I explore it, it gives me the following error

1] curTrend = "";



if (aLLVBars[curBar]
-------------------^

Error 10.
Subscript out of range.

2] if (aLLVBars[curBar] <



aHHVBars[curBar]
---------------^

Error 10.
Subscript out of range.
You must not access array elements outside 0..(BarCount-1) range.
You must not access array elements outside 0..(BarCount-1) range.
3] // -- Bar and price info for candidate pivot



candIdx = curBar - aLLVBars[curBar]
----------------------------------^

Error 10.
Subscript out of range.
You must not access array elements outside 0..(BarCount-1) range.
Please help me to explore or scan using the afl

I am not sure how to select "Intraday" stocks with EOD data?

hi vinod..... does ur afl change signal after some time... i noticed it suddenly retracts back from current signals...

anybody traded through this method....can you share the results.?

vinod sir can you send me PM your email id ?? please