My Bank Nifty Option trades.

#42
Minimum qualification for a buy signal : Price of BN future should be above the channel at the time of initiating a trade and the Bank Nifty OBV may be inside the channel or above it but not below the channel. Similarly qualification of a sell signal would be BN future should be below the channel at the time of initiating a trade and the BN OBV may be inside the channel or below it but not above it. That is all there is to it. The SL would be the last pivot below the channel in case of buys and the last pivot above the channel in case of sells.
 

Subhadip

Well-Known Member
#43
Rules of trade. Whenever you get a buy signal you buy an in the money call and when you get a sell signal you buy an in the money put. Take profits as per greed, any where from 20 to 80 points or more as per your comfort levels.
Excellent. Boss
 

vishal7176

Well-Known Member
#46
Minimum qualification for a buy signal : Price of BN future should be above the channel at the time of initiating a trade and the Bank Nifty OBV may be inside the channel or above it but not below the channel. Similarly qualification of a sell signal would be BN future should be below the channel at the time of initiating a trade and the BN OBV may be inside the channel or below it but not above it. That is all there is to it. The SL would be the last pivot below the channel in case of buys and the last pivot above the channel in case of sells.

Varunji ,
Channel means ??
(It means PDC , or anything else )
 

extremist

Well-Known Member
#48
why take so much pain in setting just simple two lines if we can code....

here re-posting the VKBand code

Code:
_SECTION_BEGIN("VK Band");

eh = EMA(H,2);
el = EMA(L,2);

kt = MA(eh,8)+(0.4*ATR(8));
kb = MA(el,8)-(0.4*ATR(8));

vt = TEMA(kt,2);
vb = TEMA(kb,2);

Plot(vt,"\nVtop",colorGreen,styleThick);
Plot(vb,"\nVbot",colorred,styleThick);

_SECTION_END();
Now enjoy...
just save abv code as VKBands and simply drag drop it on price chart.
It will help you and amibroker too....:D
 

wisp

Well-Known Member
#49
why take so much pain in setting just simple two lines if we can code....

here re-posting the VKBand code

Code:
_SECTION_BEGIN("VK Band");

eh = EMA(H,2);
el = EMA(L,2);

kt = MA(eh,8)+(0.4*ATR(8));
kb = MA(el,8)-(0.4*ATR(8));

vt = TEMA(kt,2);
vb = TEMA(kb,2);

Plot(vt,"\nVtop",colorGreen,styleThick);
Plot(vb,"\nVbot",colorred,styleThick);

_SECTION_END();
Now enjoy...
just save abv code as VKBands and simply drag drop it on price chart.
It will help you and amibroker too....:D

I was waiting for this from you!! Thanks so much bro!! :clap::clap::clap::clap:
 

monkeybusiness

Well-Known Member
#50
why take so much pain in setting just simple two lines if we can code....

here re-posting the VKBand code

Code:
_SECTION_BEGIN("VK Band");

eh = EMA(H,2);
el = EMA(L,2);

kt = MA(eh,8)+(0.4*ATR(8));
kb = MA(el,8)-(0.4*ATR(8));

vt = TEMA(kt,2);
vb = TEMA(kb,2);

Plot(vt,"\nVtop",colorGreen,styleThick);
Plot(vb,"\nVbot",colorred,styleThick);

_SECTION_END();
Now enjoy...
just save abv code as VKBands and simply drag drop it on price chart.
It will help you and amibroker too....:D
Sir,
can we have something similar for OBV pane.

Thanks
 

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