My System - My trades.

[yachusai]

 

[srikanthp]

Thank you very much yachusai for the help.

Here is the welles wilder 200 MA.

And here is the Exponential 200 MA. Need comments on comparison between both

 

[yachusai]

Srikanth bro , if you want to post kite chart just click a share button on right side top corner . it generate a direct link . no need for imgur

 

[varunkochhar]

Shrikanth ji if you can plot both the lines in different colour on the same chart then comparison would be better. Appreciate your help.

 

[srikanthp]

The green one is 200 MA with Welles wilder method.
The purple one is the Exponential 200 MA.
To me the green one fits the price and OBV action more accurately than the purple one. And it allow us to be in the trade without too much whipsaws?

 

[wisp]

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[varunkochhar]

Srikanth ji. Thanks for your input. It really is a Eureka moment. It seems the WMA indeed gives better entries. Will try it real time this week. Thanks. May God bless you.

 

[varunkochhar]

This is what i meant by constructive criticism. Thanks once again from the bottom of my heart.

 

[varunkochhar]

Remember i had told you about the importance of zero line in OBV. Now just draw a red line at the lowest level of OBV on budget day. Consider this as the new zero. No serious correction till we are above that OBV level. Remember OBV is a leading indicator.

 

[srikanthp]

This is what i meant by constructive criticism. Thanks once again from the bottom of my heart.

Sirji, It is we who have to thank you for providing us with such a stress free system of trading and giving us so much confidence. It certainly removed a lot of doubts in my mind. May god bless you.

Will be looking forward for your comments on which MA seems more suitable going forward.