Pivot Trading- a new way of Trading

[Subhadip]

Just plotted in amibroker but lot of whipsaws in that !!! 8 & 21...

Also test 5 min and 15 min please.

 

[XRAY27]

5 MIN

15 MIN

 

[umeshmandal]

Okay trying to write my query again :
You have clarified that at this stage, i.e. when we FORM a LPL we can call the last HPH as VPH :

Now my question is what happens if this happens thereafter :

So, i was asking : wont it be better to take VPH only at this stage , when we FORM a LPH:

 

[Subhadip]

Just plotted in amibroker but lot of whipsaws in that !!! 8 & 21...

Also test 5 min and 15 min please.

5 MIN

15 MIN

Now the full trading Setup:

See 15 min chart: if price above both the indicator, then trade 5 min chart or 3 min chart as per your convenience, go long in 5 min chart, when price above the both indicators as per two bar SL method or in 3 min chart as per pivot method.

Enjoy.

Hope now no whipsaw will come in our direction.

 

[Subhadip]

Okay trying to write my query again :
You have clarified that at this stage, i.e. when we FORM a LPL we can call the last HPH as VPH :

Now my question is what happens if this happens thereafter :

another VPL formed, that is happened... we will not wait...

Hope this time it is ok.

 

[XRAY27]

Now the full trading Setup:

See 15 min chart: if price above both the indicator, then trade 5 min chart or 3 min chart as per your convenience, go long in 5 min chart, when price above the both indicators as per two bar SL method or in 3 min chart as per pivot method.

Enjoy.

Hope now no whipsaw will come in our direction.

When you are following price action what is the use of EMA and MA's ??

Just three types of markets are there

Trend,range, grinding markets... people are feeling the heat with the third one and for that ema's are deadly combination to blow ledgers ... Ema's are not meant for that subhadip bro !!!

 

[Subhadip]

When you are following price action what is the use of EMA and MA's ??

Just three types of markets are there

Trend,range, grinding markets... people are feeling the heat with the third one and for that ema's are deadly combination to blow ledgers ... Ema's are not meant for that subhadip bro !!!

It is just ok, I just need by you or anyone, one attempt of back testing.

Is everyone ready?

This method, does it need trend analysis, it is one of the easy method.

Enjoy.

 

[XRAY27]

It is just ok, I just need by you or anyone, one attempt of back testing.

Is everyone ready?

This method, does it need trend analysis, it is one of the easy method.

Enjoy.

Just tested for this month.. not good vis a via nifty performance... any amibroker expert have to test for long time cycle for conclusion !!!

 

[Subhadip]

I have used this concept in my trading along with all knowledge of price action trading.

So guys keep posting, keep learning, keep earning.

Enjoy.

 

[Subhadip]

Just tested for this month.. not good vis a via nifty performance... any amibroker expert have to test for long time cycle for conclusion !!!

None can test it in Amibroker, as it is amalgamation of two time frame trading.

Best of luck.