Combining Trend-VWAP-Ranges - Pratap's method

[Vipul_84]

Pratap Sir, I am trying to plot VPs using EMA PVT approach (either 1/3 crossover or 2/4 crossover) on 15 min TF as you suggested.

How closely will they match? Any % wise answer from you Sir?

I am reffering to your this post Sir

http://www.traderji.com/advanced-tr...tive-using-vwap-sd-tf-amas-2.html#post1134923

 

[princy01]

Pratap ji

Please share the best possible mechanical trailing and exit criteria, it's the thing which bothers me all the time and I can't time my exits discretionary ways

Regards

 

[pratapvb]

Pratap Sir, I am trying to plot VPs using EMA PVT approach (either 1/3 crossover or 2/4 crossover) on 15 min TF as you suggested.

How closely will they match? Any % wise answer from you Sir?

I am reffering to your this post Sir

http://www.traderji.com/advanced-tr...tive-using-vwap-sd-tf-amas-2.html#post1134923

mp match will be high 90%+

vp match will be poor as vp is derived from mp trend of the same tf....

here we are taking an mp of the higher tf.

that said 15min mp is a good approximation for vp for 3 min or 5min mps in the absence of other .... or you could manually derive the vps seeing the mp trend

 

[Vipul_84]

So large number of VPs are derived VPs? I want to plot 3 min VP using 15 min charts and try to trade only VPs. Any solution?

mp match will be high 90%+

vp match will be poor as vp is derived from mp trend of the same tf....

here we are taking an mp of the higher tf.

that said 15min mp is a good approximation for vp for 3 min or 5min mps in the absence of other .... or you could manually derive the vps seeing the mp trend

 

[pratapvb]

So large number of VPs are derived VPs? I want to plot 3 min VP using 15 min charts and try to trade only VPs. Any solution?

you can backtest ... it should work most of the time

 

[Vipul_84]

Pratap Sir, I am studying AMA system as posted by you.

For intraday:
5 min BO of 15 AMA Band when above 60 min AMA
For swing
15/60/Daily as the combination.

Now few queries are :
1. For intra, when we are anyways going to trade above 60 AMA band, then why not to just use 5/60 combination? Similarly for swing 15/daily combination. What do you suggest?

2. What should be the exit rules? As Smart Trade sir suggests early exit or pivot break or any other is better? I am personally reluctant to re-enter.

 

[pratapvb]

Pratap Sir, I am studying AMA system as posted by you.

For intraday:
5 min BO of 15 AMA Band when above 60 min AMA
For swing
15/60/Daily as the combination.

Now few queries are :
1. For intra, when we are anyways going to trade above 60 AMA band, then why not to just use 5/60 combination? Similarly for swing 15/daily combination. What do you suggest?

2. What should be the exit rules? As Smart Trade sir suggests early exit or pivot break or any other is better? I am personally reluctant to re-enter.

for intraday it is 5ama and 15ama pair

60ama (mainly 15min BO and confirmation from daily ama for swing

or exit as I mentioned in intraday I take off half or 1/3rd (if beyond +1SD2 and -1SD2) at 20pts from entry ...rest I trailed...in vertical moves I may exit at 2ama

swing is SAR

 

[Fundootrader]

for intraday it is 5ama and 15ama pair

60ama (mainly 15min BO and confirmation from daily ama for swing

or exit as I mentioned in intraday I take off half or 1/3rd (if beyond +1SD2 and -1SD2) at 20pts from entry ...rest I trailed...in vertical moves I may exit at 2ama

swing is SAR

Any link of specific post where you discussed how this can be used for swing trades

 

[pratapvb]

Any link of specific post where you discussed how this can be used for swing trades

AMA afl already shared.... had put a few charts on it with 60ama and daily ama in 15TF in general discussion thread

 

[sudarshanagni]

Not able to download sir i clicked on small download icon besides share.can you please share it on dropbox ?
Regards