![]() |
|
| Discuss Directional Day Filter - Determine market trend at the Trading Resources within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hey fellow traders, This is an amazing way to determine the market trend for any ... |
|
|||||||
| Notices |
| Trading Resources Discuss web sites, books, magazines, videos, chatrooms, seminars, events etc. |
![]() |
|
|
Thread Tools |
| Sponsored Links |
|
#1
|
|||
|
|||
|
Hey fellow traders,
This is an amazing way to determine the market trend for any market on an intra-day basis. http://www.clayburg.com/ddf_home.htm However, our nse cash market requires only a 20 to 30 minute wait until we determine the trend as its very volatile compared to the US markets. More hills & valleys here than anywhere. Download this http://www.clayburg.com/JFC_Indicator_Manual.zip for docs. explaining John Clayburg's method in detail. |
| Sponsored Links |
|
#2
|
|||
|
|||
|
Quote:
gvnarendra |
|
#3
|
|||
|
|||
|
My pleasure.
|
|
#4
|
|||
|
|||
|
pagenotfound,
Thank you for giving details of Directional Day Filter. This will be very useful to us. |
|
#5
|
|||
|
|||
|
Pagenotfound,
Thank you for resolving the mystery behind such a nickname, though it was a bit of a damper that it was so casual a reason (laugh). The Directional Day Filter works only on Tradestation, but the basic concept outlined in the manual is helpful. Shall work on the concept to arrive at some visual clues to use on the Power Indiabulls terminal that I trade through. Please excuse the delay. I was on a long year-end sabbatical. Thank you. pksam |
|
#6
|
|||
|
|||
|
Quote:
have u used this system? is it of any use according to u? Just give the feed back please thanks in advnace |
|
#7
|
|||
|
|||
|
trader31339,
Yes, I've tried the clayburg technique and its very effective. "Four Steps to Trading Success" was one of the very first books I read on trading and this procedure is outlined very clearly in the book. I wasn't very sure then on how to put it to use on our terminals. With lots of trial and error however, i made a program to pick up the tick list from my trading terminal (5paisa.com). Take the 1st five minute average and determine what the volume above and below the 5 minute DDF average is. On a trending market this showed accurate results, on active stocks mostly, on a ranging or a sideways market however early warnings can be determined whether or not to put in a trade. The DDF is supposed to be combined with a volume indicater like ROC and a momentum oscillator like RSI to get more accurate signals. |
|
#8
|
|||
|
|||
|
Deat Traders,
i m new here, thanks a lot for sharing this file. I will go through to those all to learn more. thnaks |
| Sponsored Links |
|
|
![]() |
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Directional Day Filter - Determine market trend
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| An anatomy of the Stock Market! - Bull & Bear Market Cycles | Traderji | Trading Psychology | 58 | 12th November 2008 01:35 AM |
| The ADX(Average Directional movement index) | sh50 | Technical Analysis | 15 | 17th January 2007 11:54 AM |
| trend | cmlee | Trading on Technicals | 25 | 14th January 2006 11:45 AM |
| How to find trend of market | Jayesh | Trading on Technicals | 1 | 3rd December 2005 01:50 PM |
| Charts can filter out emotion | milind | Trading Psychology | 0 | 14th December 2004 12:08 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• 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. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• 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 of 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. If you 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.