Best Nifty Strategy-Must Read

DEar msa5678 sir,

Can you share your gann level afl with us ??

Bhupesh

Sure Here it is.



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SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );


ND = Day() != Ref(Day(), -1);

///// VWAP and SDs /////

P = (H + L+C) / 3;
VWP = P * V;
BI = BarIndex();
BeginBI = ValueWhen(ND, BI);
BeginBI = BeginBI[BarCount -1];
if(BeginBI < BarCount - 1)
{
InRange = BI >= BeginBI;
CumV = Cum(V * InRange);
CumVWP = Cum(VWP * InRange);
VWAP = CumVWP / CumV;
S = Cum(Ref(CumV, -1) * V * (P - Ref(VWAP, -1))^2 / CumV);
Variance = S / CumV;
SD = sqrt(Variance);
VWAP = IIf(InRange, VWAP, Null);
Plot(VWAP, "VWAP", colorYellow, styleNoTitle + styleNoRescale);
Plot(VWAP + SD, "+1SD", colorGreen, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP - SD, "-1SD", colorRed, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP + 2*SD, "+2SD", colorSeaGreen, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP - 2*SD, "-2SD", colorOrange, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP + 3*SD, "+3SD", colorPaleGreen, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP - 3*SD, "-3SD", colorLightOrange, styleDashed + styleNoTitle + styleNoRescale);
}

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Sure Here it is.



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SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );


ND = Day() != Ref(Day(), -1);

///// VWAP and SDs /////

P = (H + L+C) / 3;
VWP = P * V;
BI = BarIndex();
BeginBI = ValueWhen(ND, BI);
BeginBI = BeginBI[BarCount -1];
if(BeginBI < BarCount - 1)
{
InRange = BI >= BeginBI;
CumV = Cum(V * InRange);
CumVWP = Cum(VWP * InRange);
VWAP = CumVWP / CumV;
S = Cum(Ref(CumV, -1) * V * (P - Ref(VWAP, -1))^2 / CumV);
Variance = S / CumV;
SD = sqrt(Variance);
VWAP = IIf(InRange, VWAP, Null);
Plot(VWAP, "VWAP", colorYellow, styleNoTitle + styleNoRescale);
Plot(VWAP + SD, "+1SD", colorGreen, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP - SD, "-1SD", colorRed, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP + 2*SD, "+2SD", colorSeaGreen, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP - 2*SD, "-2SD", colorOrange, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP + 3*SD, "+3SD", colorPaleGreen, styleDashed + styleNoTitle + styleNoRescale);
Plot(VWAP - 3*SD, "-3SD", colorLightOrange, styleDashed + styleNoTitle + styleNoRescale);
}

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Thank you very much for afl SIR....
Now one more question....What should be the BUY price in the chart ???
Is it +1SD is BUY Entry Price and -1SD is SL for Long ??? and +2SD and +3SD are target for Long ??
and same -1SD is SELL Entry Price and SL is +1SD and -2SD and -3SD are target for Short ????

Bhupesh
:clap:

No, you are mistaken . That AFL is for VWAP Calculation.

Dear Sir...
Ohh..
Then after calculating VWAP...how we will get GANN levels based on that ???
What are those two lines above and below of VWAP Line???
Can you pls explain it sir ???


Bhupesh

Buy at / above: 5094.39 Targets: 5109.69 - 5127.57 - 5145.48 - 5163.43
Stoploss : 5076.56
Sell at / below: 5076.56 Targets: 5061.29 - 5043.52 - 5025.77 - 5008.06
Stoploss : 5094.39