General Trading Chat

[timepass]

Here's a much needed move from SEBI.

https://www.livemint.com/market/sto...ault-for-issuers-they-rate-1560428491075.html

Sebi tells rating agencies to disclose probability of default for issuers they rate

 

[toocool]

can anyone with approved wisestock trader account please download this afl and share it

i had submitted 1 afl 4 years ago still my account is not approved to download this indicator

https://www.wisestocktrader.com/indicators/4192-ttm-squeeze-foreign-for-amibroker-afl

regards

 

[primitivetrader]

can anyone with approved wisestock trader account please download this afl and share it

i had submitted 1 afl 4 years ago still my account is not approved to download this indicator

https://www.wisestocktrader.com/indicators/4192-ttm-squeeze-foreign-for-amibroker-afl

regards

// Downloaded From www.WiseStockTrader.com
//~~~~~~~~~~~~~~~~~~~~~ John Carter's TTM Squeeze Indicator~~~~~~~~~~~~~~~~~~~~~
//    Description:    Bollinger Bands AND Keltner Channel define the market
//                    conditions, i.e. when BB is narrower than KC then we have
//                    a market squeeze.  When BB break Outside the KC then trade
//                    in the direction of the smoothed Momentum(12).
//    Parameters:   
//                *    chanPeriod    - Bollinger Bands AND Keltner Channel length
//                *    bolBandStdDev - width of the Bollinger Bands
//                *    keltStdDev    - width of the Keltner Bands
//                *    momPeriod     - # of bars for Momentum indicator
//                *    momEMA        - EMA of the Momentum indicator
//
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//    Source              :   John Carter, www.TradeTheMarkets.com
//    Interpretation      :    Kris Tokarzewski, Johannesburg, 15-Dec-2006
// AmiBroker Conversion:   Levent Pancuk, 22 Feb-2008
//                         [email protected]
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
_SECTION_BEGIN("TTM Squeeze");


Ticker = ParamStr("Symbol", Name() );
SetForeign(Ticker,True,True);

function Momentum( array, period )
{
  return array - Ref( array, -period );
}



chanPeriod     = Param("Channel Period", 20);
bolBandStdDev  = Param("Bollinger Band StdDev",2);
keltStdDev     = Param("Keltner Band StdDev",1.5);
momPeriod      = Param("Momemtum Period", 12 );
momEMA         = Param("Momentum EMA Period", 5);

highBBChl = BBandTop( C, chanPeriod, bolBandStdDev);
lowBBChl  = BBandBot( C, chanPeriod, bolBandStdDev);

centerLine = MA( C, chanPeriod );
highKeltn  = centerLine + keltStdDev * ATR(chanPeriod);
lowKeltn   = centerLine - keltStdDev * ATR(chanPeriod);

momHist = EMA(Momentum(C, momPeriod),momEMA);

BBUp  = IIf(highBBChl > highKeltn AND momHist > 0, momHist, 0);
BBDo  = IIf(lowBBChl < lowKeltn AND momHist < 0, momHist, 0);
BBMid = IIf(BBUp == 0 AND BBDo == 0, momHist, 0);


Buy  = BBUp;
Sell = BBDo;

Buy = ExRem(Buy,Sell)AND Volume>25000;
Sell = ExRem(Sell,Buy)AND Volume>25000;

Plot(BBUp, "TTM Squeeze - Momentum Up", colorBlue,styleHistogram  | styleThick);
Plot(BBDo, "Momentum Down", colorOrange, styleHistogram  | styleThick);
Plot(BBMid, "Momentum Mid", IIf(BBMid > 0, colorLightBlue, colorBrown), styleHistogram  | styleThick);

_N(Title = StrFormat(Ticker + " -  "+" {{VALUES}}", BBUp, BBDo, BBMid));

PlotShapes( shapeSmallCircle*Buy, colorGreen,0, 0, 0);
PlotShapes( shapeSmallCircle*Sell, colorRed,0, 0, 0);

AlertIf( Buy, "", "Simple text alert", 2 );

_SECTION_END();

 

[ankur07090]

@Smart_trade sir,

With current issues in DHFL what action could be suggested as one of my relative has company FD in DHFL for 03 years. Is it advisable to do premature withdrawal of company FD as by seeing the current scenario.
Please advice.

 

[sridhga]

https://www.livemint.com/politics/p...-in-may-iip-gains-in-april-1560341851168.html

Retail inflation hits 7-month high in May at 3.05%; April IIP rises to 3.4%

Finally some good news. Unless inflation goes up there cant be employment generation. This government has been fiscally too prudent so as to keep inflation low for 5 years.

 

[traderhardrock]

WPI Inflation hits near 2-year low at 2.45% in May, 2019 - All details here
A year ago for the same month, WPI came in at 4.78%.

https://www.zeebiz.com/india/news-w...ow-at-245-in-may-2019-all-details-here-102275

 

[Smart_trade]

Now the Govt should go for the growth of the economy. They have good margin of safety on inflation so they must concentrate on kickstarting the growth even though it may mean a slight rise in inflation for which we have enough margin...

ST

 

[timepass]

I don't know what all do we import from USA, but I think only premium items, not poor man's items.


From Apples to Almonds, 28 Items to Get Costlier as India Imposes Tit-for-tat Tariffs on US Imports

https://www.news18.com/news/world/a...us-goods-with-effect-from-sunday-2188627.html

 

[siddhant4u]

In my opinion, If we wanted tit for tat, India should impose heavy fine in remittance of profit for US firms. It would make more noise and coca cola and other firms will lobby on our behalf.

 

[soft_trader]

In my opinion, If we wanted tit for tat, India should impose heavy fine in remittance of profit for US firms. It would make more noise and coca cola and other firms will lobby on our behalf.

Superb!