Learning Group -VIJAYWADA

[XRAY27]

Myths of derivative trading..

1. Derivatives requires complex numeric calculation.

2. It is a instrument which can make money to only few Smart Professional/s

3. It is nothing to do with Technical analysis

4. It is a only Hedging instrument and not a trading product

 

[PUCHU_2500]

supply-demand zones AFL

SetChartOptions(0,chartShowArrows|chartShowDates);
bk=ParamColor( "Bk col",ColorRGB(85,90,60)); 
SetChartBkColor(bk);

amount = Param("Sensitivity", 0.5, 0.1, 2, 0.1 );

array = C ;
zz0 = Zig( array, amount );
zz1 = Ref( zz0, -1 );
zz2 = Ref( zz0, -2 );

tr = ValueWhen(zz0 > zz1 AND zz1 < zz2, zz1);
pk = ValueWhen(zz0 < zz1 AND zz1 > zz2, zz1);
PU = tr + 0.01 * abs(tr)*amount;
PD = pk - 0.01 * abs(pk)*amount;

ZZT = IIf( array >= PU AND zz0 > zz1, 1,
       IIf( array <= PD AND zz0 < zz1, -1, 0 ) );

ZZT = ValueWhen( ZZT != 0, ZZT );

Buy_Valid_=zzt>0;
Sell_Valid_=zzt<0;
Buy_Valid = ExRem(Buy_Valid_,Sell_Valid_);
Sell_Valid = ExRem(Sell_Valid_,Buy_Valid_);
Plot(Ref(Buy_valid,0),"",ColorRGB(0,0,100),styleHistogram|styleDashed|styleOwnScale|styleNoLabel,0,0,0,-1);
Plot(Ref(Sell_valid,0),"",ColorRGB(100,0,0),styleHistogram|styleDashed|styleOwnScale|styleNoLabel,0,0,0,-1);

Candlecol=IIf(BarsSince(Buy_Valid)<BarsSince(Sell_Valid) AND BarsSince(Buy_Valid)!=0,5,
          IIf(BarsSince(Buy_Valid)>BarsSince(Sell_Valid) AND BarsSince(Sell_Valid)!=0,4,1));
cc1=IIf(Buy_valid,colorYellow,IIf(Sell_valid,colorBlack,Candlecol));
SetBarFillColor(Cc1);
Plot(C,"Cas-S_D-Zone",Cc1,64,0,0,0,0);

pk=BarsSince(Buy_Valid)<BarsSince(Sell_Valid) ;//AND BarsSince(Buy_Valid)!=0;//Zz>Ref(zz,-1);
tr=BarsSince(Buy_Valid)>BarsSince(Sell_Valid) ;//AND BarsSince(Sell_Valid)!=0;//Zz<Ref(zz,-1);

Ll=LowestSince(sell_valid,L,1);
hH=HighestSince(Buy_Valid,H,1);
Llm=LowestSince(sell_valid,Min(O,C),1);
hHm=HighestSince(Buy_Valid,Max(O,C),1);

xx=Cum(1);
NoLines = Param("No of Lines",5,1,10,1);

Col2=ParamColor( "Res Color", colorRed );
Col1=ParamColor( "Sup Color", colorGreen );

for( i = 1; i < NoLines+1 ; i++ )
{
scol=ColorBlend(Col1,2,0.1*i);
rcol=ColorBlend(Col2,2,0.1*i);

px1 = LastValue(ValueWhen(Buy_valid,Cum(1),i)) ;
py1 = LastValue(ValueWhen(Buy_valid,Ll,i)) ;
pz1 = LineArray(px1, py1, (BarCount-1), py1);
Plot(pz1,"",scol,32);

tx1 = LastValue(ValueWhen(sell_valid,Cum(1),i)) ;
ty1 = LastValue(ValueWhen(sell_valid,Hh,i)) ;
tz1 = LineArray(tx1, ty1, (BarCount-1), ty1);
Plot(tz1,"",rcol,32);

px1m = LastValue(ValueWhen(Buy_valid,Cum(1),i)) ;
py1m = LastValue(ValueWhen(Buy_valid,Llm,i)) ;
pz1m = LineArray(px1m, py1m, (BarCount-1), py1m);
PlotOHLC(pz1,pz1,pz1m,pz1m,"",scol,styleCloud|styleNoLabel,0,0,0,-i-nolines);

tx1m = LastValue(ValueWhen(sell_valid,Cum(1),i)) ;
ty1m = LastValue(ValueWhen(sell_valid,Hhm,i)) ;
tz1m = LineArray(tx1m, ty1m, (BarCount-1), ty1m);
PlotOHLC(tz1,tz1,tz1m,tz1m,"",rcol,styleCloud|styleNoLabel,0,0,0,-i-nolines);
}

for( j = 0; j < BarCount; j++ ) 
{ 
if( Buy_valid [j])  PlotText( "Tr\n"+Ll[ j ], j, Ll[j], colorPaleGreen ); 
if( Sell_valid[j] ) PlotText( "Pk\n"+Hh[ j ], j, Hh[j], colorRose); 
}

I think discretionary traders do not like afl or mechanical system.

 

[XRAY27]

I think discretionary traders do not like afl or mechanical system.

ya !!!!! it is not about discretionary trading ..it is drawing every thing as green and red... not covering my logic...

 

[santhosh2010]

sir,

Thanks for posting this AFL along with chart in this thread
My zones are static with time.. so this will not help me and i should do it manually

Pls do post some knowledge sharing article/s and methods for TJ family...

Okay sir ji...
you have a good knowledge,so you don't have any ready made stuffs (afl).
so i think better to avoid this thread...
all the best... :thumb::thumb:

 

[XRAY27]

Okay sir ji...
you have a good knowledge,so you don't have any ready made stuffs (afl).
so i think better to avoid this thread...
all the best... :thumb::thumb:

It is not like that sir...you know many ways of trading..you can share (if at all you want)...
Learning a lot and sharing what i learn... you are one of my " GURU"

 

[niftyoption]

All that is real in me is God; all that is real in God is I. The gulf between God and me is thus bridged. Thus by knowing God, we find that the kingdom of heaven is within us.

SWAMY VIVEKANANDA JI

 

[OMSAI]

Okay sir ji...
you have a good knowledge,so you don't have any ready made stuffs (afl).
so i think better to avoid this thread...
all the best... :thumb::thumb:

Hi, santhosh.....please continue in this thread.....lets make this thread more better.....both GURU and SHISYA....:thumb:

 

[simplebuthard]

TATA MOTORS FUT 30 MIN CHART

ONCE BREAK OF 14/10/2014 LOW...I WILL WATCH THE PERFORMANCE OF 490PE........

THIS IS ONLY FOR LEARNING PURPOSE .......

XRAY27, Can you please post updated chart of this upto now? and also if possible 4 hr chart of this Tatamotors. That would be a great help for my some learning purpose.

 

[praveen taneja]

Okay sir ji...
you have a good knowledge,so you don't have any ready made stuffs (afl).
so i think better to avoid this thread...
all the best... :thumb::thumb:

Please sir Dont leave this thread as it is getting good momentum when you and other genius coming and posting there is lot lot which trader like me want to learn so please dont go specially on Diwali Avery Happy and Blessed Diwali to you and to all TJ member God bless us all Jai Ram Ji KI

 

[XRAY27]

Hi, santhosh.....please continue in this thread.....lets make this thread more better.....both GURU and SHISYA....:thumb:

Saint sir,ST da,Ramakant, santosh sir who made option chain excel sheet upon my request.. and off course your thread and mainly signature
offcourse all the other TJ members from whom i got benefited i cannot forget the Internet source and some books of finest person/s on technical analysis
I owe to them and they are all my "GURU/s"