Learn How To Fish

[Snake.Head]

Dear snake head ,
Welcome to this thread.....I think you using 3tf in TS....any way we are trading here only with basic rules of intraday flow method....your chart and trading looks like you are trading this method since some time...any way good charts....

Yes 3min TF just started few days back,trying to understand better
I have been trading price action only,I was missing trend or hit target after hitting SL....
I have series some questions @VJAY Will post it over weekend to clear doubt
Thanks for thread

 

[vivek.civil17]

TS 14/12/18

 

[Snake.Head]

TataSteel 3 min

TataMotor 3min

 

[niftytaurus]

TataSteel 3 min

TataMotor 3min

Hi Snakehead
Very nice charts.thanks for the charts.
Its very good to know you are also a price action trader.
Please share your experience, knowledge & observations on price action trading
thanks

 

[tools&tradingideas]

hi,

I was just looking at this. There are so many pages that I'd like to ask if there has been an AFL written for this already. So that I do not have to go through all pages

 

[monkeybusiness]

hi,

I was just looking at this. There are so many pages that I'd like to ask if there has been an AFL written for this already. So that I do not have to go through all pages

I guess it is modified version of your code.

// modified by vijay krishna
SetChartOptions( 0,chartShowArrows+ chartShowDates |   chartWrapTitle );
//SetChartOptions(2,chartShowDates+chartWrapTitle);
Layer = Param("Layer", 0, -5, 5, 1) ;
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} " + EncodeColor( colorGreen ) + " Open %g," + EncodeColor( colorWhite ) + " Hi %g,  " + EncodeColor( colorRed ) + " Lo %g,  " + EncodeColor( colorBlue ) + " Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));

Plot( C, "Close",  colorTeal, styleNoTitle | styleCandle,0,0,0,Layer );
HiVolume = IIf(V > (2 * MA(V,10)), True, False);
PlotShapes(shapeSmallCircle * HiVolume, IIf(C > O, colorBlack, colorWhite), 0, (O+C)/2, 0);
ToolTip = "Open = " + O + "\nHigh = " + H + "\nLow = " + L + "\nClose = " + C ;

EMA5  = Prec(EMA(C,8),2);
Plot(EMA5,"ema8",ParamColor("8ema colour",colorskyBlue),styleNoRescale);

_SECTION_BEGIN("MA1");
periods = Param("Periods", 21, 2, 300, 1, 0 );
Plot( MA( C, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorOrange ), ParamStyle("Style") );
_SECTION_END();
above3 = C>EMA5 AND C>MA(C,21);
below3 = C<EMA5 AND C<MA(C,21);
text3 = WriteIf(above3,"above",WriteIf(below3,"below",""));
Color3 = IIf(above3,colorPaleGreen,IIf(below3,colorLightOrange,colorDefault));

_SECTION_BEGIN("timeframe");
TimeFrameSet(inHourly);
EMA8h = Prec(EMA(C,8),2);
MA21h = Prec(MA(C,21),2);
Habove = C>MA21h AND C>EMA8h;
Hbelow = C<MA21h AND C<EMA8h;
TimeFrameRestore();
hourly1 = TimeFrameExpand(Habove,inHourly);
Hourly2 = TimeFrameExpand(Hbelow,inHourly);
text60 = WriteIf(Hourly1,"above",WriteIf(Hourly2,"below",""));
Color60 = IIf(Hourly1,colorPaleGreen,IIf(Hourly2,colorLightOrange,colorDefault));


TimeFrameSet(in15Minute);
EMA15 = Prec(EMA(C,8),2);
MA15 = Prec(MA(C,21),2);
above15 = C>MA15 AND C>EMA15;
below15 = C<MA15 AND C<EMA15;
TimeFrameRestore();
above15e =  TimeFrameExpand(above15,in15Minute);
below15e = TimeFrameExpand(below15,in15Minute);
text15 = WriteIf(above15e,"above",WriteIf(below15e,"below",""));
Color15 = IIf(above15e,colorGreen,IIf(below15e,colorRed,colorDefault));



_SECTION_END();

_SECTION_BEGIN("orb scalping");

breakoutime = Param("orb time",092000,091500,230000,1,0);// for nse 100000,
//////////////////////////////////////////////////////////////

Filterdaych = ParamToggle("Filter orb day Change Connections", "No|Yes", 1) ;
dt = DateTime() ;
//mytimenum = DateTimeConvert(2,dt,TimeNum());
    //newt = mytimenum != 100000;

    dtnum = DateTimeConvert(2, dt,TimeNum()) ;
    newdt = dtnum != Ref(dtnum, -1);
    //mytimenum = DateTimeConvert(1,dt);
   // newt = mytimenum == 100000;

    Lastbar = H-H ;
    if (Filterdaych)
        Lastbar = dtnum != Ref(dtnum, 1) AND TimeNum()<=breakoutime; ;
strnday = "day";

afterbreakout0 = Cross(TimeNum(),breakoutime);
afterbreakout1 = TimeNum()>=breakoutime ;// TimeNum()>=100000;
NewDay = Day()!= Ref(Day(), -1);
highestoftheday = HighestSince(newday,H,1);
Lowestoftheday =LowestSince(newday,L,1);
//Lowt = ValueWhen(afterbreakout0,L,1);
//Lowestoftheday = LowestSince(btime,L,1);

ORBHigh = ValueWhen(afterbreakout0,highestoftheday,1);
ORBLow = ValueWhen(afterbreakout0,lowestoftheday,1);
Plot(IIf(lastbar,Null,ORBHigh),"orb high",ParamColor("orb high",colorBrightGreen),styleDots+styleNoRescale);
Plot(IIf(lastbar,Null,ORBLow),"orb low",ParamColor("orb low",colorPink),styleDots+styleNoRescale);

_SECTION_END();

///////////////////////////subhadip pivot/////////////////////////////////////////////////
// ORIGINAL FORMULA BY PRATAP SIR HAS DIFFERENT METHOD FOR CALCULATION OF PH AND PL
// THIS CALCULATION DOES NOT IDENTIFY INSIDE BAR
dist = 0.25*ATR(10);

/*
PH= ValueWhen(
(Ref(L,-2) > Ref(L, -4)) AND
(Ref(L,-2) > Ref(L, -3)) AND
(Ref(L,-2) > Ref(L, -1)) AND
(Ref(H,-2) > H), Ref(H,-2));
PL= ValueWhen(
(Ref(H,-2) <= Ref(H, -4)) AND
(Ref(H,-2) <= Ref(H, -3)) AND
(Ref(H,-2) <= Ref(H, -1)) AND
(Ref(L,-2) <= L), Ref(L,-2));
phfilter=PH+(room*PH);
plfilter=PL-(room*PL);
Plot(Ref(PH,2), "UpPivot", ParamColor("UpPivot Color",colorRed), styleNoLine);
Plot(Ref(PL,2), "DownPivot",ParamColor("DownPivot Color",colorGreen), styleNoLine);
Plot(Ref(Phfilter,2), "Upfilter", ParamColor("upfilter Color",colorRed), styleNoLine);
Plot(Ref(Plfilter,2), "Downfilter",ParamColor("dnfilter Color",colorGreen), styleNoLine);
*/
for (a=4;a<BarCount;a++)

{
if ((L[a-2] > L[a-4]) AND
//( H[a-2] >= H[a-4] )AND             // h
//( H[a-2] >= H[a-3] )AND
//( H[a-2] >= H[a-1] )AND
//( H[a-2] >= H[a] )AND
((L[a-1]<L[a-4])OR (L[a-1]<L[a-3])OR(L[a]< L[a-1] OR H[a]<H[a-1])) AND
(L[a-2] > L[a-3]) AND
(L[a-2] >= L[a-1]) AND
(L[a-2] > L[a] AND
(L[a-3]>=L[a-4])))
PlotText("mPH", a-2, H[a-2], colorGreen);
if ((H[a-2] < H[a-4]) AND
//( L[a-2] <= L[a-4] ) AND
//( L[a-2] <= L[a-3] ) AND
//( L[a-2] <= L[a-1] ) AND
//( L[a-2] <= L[a] ) AND
//( H[a] > H[a-1])  AND
((H[a-1]>H[a-4]) OR (H[a-1]>H[a-3])OR(H[a]>H[a-1]OR L[a]>L[a-1])) AND
(H[a-2] < H[a-3]) AND
(H[a-2] <= H[a-1]) AND
(H[a-2] < H[a]AND
 (H[a-3]<=H[a-4])))
PlotText("mPL", a-2, L[a-2]-dist[a-2], colorRed);
}

/////////////////////////////////////////////EXPLORATION////////////////////////////////
Colorc = IIf(Ref(L,-1)>Ref(L,-2),colorGreen,IIf(Ref(H,-1)<Ref(H,-2),colorOrange,colorDefault));
//prevvwap = WriteIf(vwap>prevdayvaluehigh,"above",WriteIf(Refvwap<prevdayvaluelow,"below","inside"));
Filter = Status("lastbarinrange");
//Filter =  Short OR Buy;
SetOption("NoDefaultColumns", True);
AddTextColumn(Name(), "Symbol", 77, colorDefault,colorDefault, 60);
AddColumn(DateTime(), "Date", formatDateTime,colorDefault,Color15,120) ;//, Color, BG, 100);

AddColumn(C,"     close ",1.2,colorDefault,Color15);
AddTextColumn(text60,"hourly",1.2,colorDefault,Color60);
AddTextColumn(text15,"15 minutes",1.2,colorDefault,Color15);
AddTextColumn(text3,"current",1.2,colorDefault,Color3);

 

[tools&tradingideas]

thanks, I think they should be a bit different. Like someone else noted few pages back that these pivots are a bit different from the standard fractal type pivots. I am also working on some code. Will post it if I manage to finish it

 

[Snake.Head]

Exited at 170
Should have waited and trail TSL

 

[Snake.Head]

How do we treat Gap up/Gap down ? Count is reset or mpl/mph/vph/vpl is counted from yesterday ?

 

[VJAY]

How do we treat Gap up/Gap down ? Count is reset or mpl/mph/vph/vpl is counted from yesterday ?

Normally we take trades using lower tf with our trend......agg pvts ,mp's all we can use...if big gaps initially we can trade both side irrespective of trend upto price settle