Pivot Trading- a new way of Trading

[wisp]

arre sir , all are sir here me too is a sir :lol:

i dont know what is issue here , but for some people with legit data also , there is issue , which data source you have ? i have GFDL

GFDL, however, I dont think data source should matter, since htf afl and MAs are being placed on the same data!! I think princy's problem was afl MAs and regular MAs were showing diff prices on her/his chart.

 

[niftytaurus]

Hi
The difference its showing in value is very minute..But i think, in pratap sir's fast/slow afl used Only EMA..& here we use 8 ema & 21 sma..& there when we put ma of different tf, it is 21 ema
thanks

 

[XRAY27]

Hi
The difference its showing in value is very minute..But i think, in pratap sir's fast/slow afl used Only EMA..& here we use 8 ema & 21 sma..& there when we put ma of different tf, it is 21 ema
thanks

No !!!! pratap sir used MA 21 and EMA 8...just check the Afl

http://www.traderji.com/derivatives/99863-pivot-trading-new-way-trading-127.html#post1123480

 

[niftytaurus]

No !!!! pratap sir used MA 21 and EMA 8...just check the Afl

http://www.traderji.com/derivatives/99863-pivot-trading-new-way-trading-127.html#post1123480

arey XRAY sir
I was saying same in PRATAP sir's afl, its 8EMA & 21 EMA..& in shubhadeep's method we use 8EMA & 21 SMA..So the diff is there
xray sir we r on same page..

 

[niftytaurus]

Hi
The difference its showing in value is very minute..But i think, in pratap sir's fast/slow afl used Only EMA..& here we use 8 ema & 21 sma..& there when we put ma of different tf, it is 21 ema
thanks[/QUOT
xray sir, Here i am putting my post, WHERE DID i Mention that pratap sir use SMA..see in red..
But i think, in pratap sir's fast/slow afl used Only EMA.[/U][/U].& here we use 8 ema & 21 sma.

So my statement is not different from your statement
thanks

 

[wisp]

Hi
The difference its showing in value is very minute..But i think, in pratap sir's fast/slow afl used Only EMA..& here we use 8 ema & 21 sma..& there when we put ma of different tf, it is 21 ema
thanks[/QUOT
xray sir, Here i am putting my post, WHERE DID i Mention that pratap sir use SMA..see in red..
But i think, in pratap sir's fast/slow afl used Only EMA.[/U][/U].& here we use 8 ema & 21 sma.

So my statement is not different from your statement
thanks

Bro when did you check Pratap's afl last

 

[XRAY27]

arey XRAY sir
I was saying same in PRATAP sir's afl, its 8EMA & 21 EMA..& in shubhadeep's method we use 8EMA & 21 SMA..So the diff is there
xray sir we r on same page..

Bhayya ji

just check it and it is 8 ema and 21 sma in pratap afl..you are not able to understand my post ?? or you don't want to check that

_SECTION_BEGIN("PRATAP FAST MA");
tf = 15 ;
p1 = 8 ;
p2 = 21 ;
expandmode = expandLast ;

tfs = tf * in1Minute ;

TimeFrameSet(tfs) ;

MAfast = EMA(C, p1) ;
MAslow = MA(C, p2) ;

TimeFrameRestore() ;

MAfaste = TimeFrameExpand(MAfast, tfs, expandmode) ;
MAslowe = TimeFrameExpand(MAslow, tfs, expandmode) ;

Plot(MAfaste, "FAST", colorBlue, styleThick|styleNoRescale) ;
Plot(MAslowe, "SLOW", colorYellow, styleThick|styleNoRescale) ;
_SECTION_END();

 

[Subhadip]

One good book for new comer:

Here

 

[vivektrader]

Rules of Intraday Flow method: (IDF)

I have learned it from Saint sir, Kapil Sir, Pratap Sir & ST Sir,

IDF trades the minor trend in the direction of visual trend in 5 min chart.

5 min chart used for all index & scripts.

To understand the visual Pivot at 5 min TF, I look at PHs and PLs in 15 min chart. Every pivot in 15 min chart is a visual pivot in 5 min TF. From experience you can do it in 5 min chart itself.


Go long/short at Visual Pivots. Exit at minor pivot break. If 60 min clsoing at known support/ resistance also exit.

Adds on Minor pivots.

Opening trade:
If open in yesterday's range:- in Direction of Flow 30 enter on break of Yesterday's pivot. Against Direction of Flow 30 wait for a 5 min pivot above it or go long/ short above/ below the bar that gives a 15 min close above or below it.

Sideways: Nothing to do. Close outside bodies of sideways and then go long/ short above high/ below low of that bar.

Flags: nothing to do. Trade the Break out & Break down.

Profit booking: Support & Resistance.


Now yesterday Visual UP Condition:
1. Gap up above VPH; go long over mPH over 1st Bar.
2.Open/ Gaps down into range but above Visual ERL: Go long over mPH (When minor trend alligned MPH).
3. Opens/ Gaps down into range but below visual ERL: Go long above VPH; go short below VPL
4: Gaps down below VPL: short on a pivot below 1st Bar.


Now yesterday Visual Down:
1.Gaps down below VPL: Short below minor pivot below 1st Bar.
2.Opens/ gap up into range but below visual ERL: short after minor trend alligned to it.
3.Opens / Gaps up into range but above visual ERL:Go long above VPH: Go short below VPL
4. Gaps up above VPH: Long on a pivot; Short below pivot if 1st Bar moves into range

Visual Sideways Days:
1. open in range- go long avove VPH; go short below VPL
2. Gaps above VPH: long over minor pivot;
3. Gaps below VPL: Short below minor pivot.

Posting some charts based on IDF rules, marking the relevent candles with cross heirs. Subhadeep or anybody else may correct me in case of discripancy.

 

[vivektrader]

yesterday's visual down, today gap down opening,short below minor pivot below first candle