Companion guide for Saint's 60 minutes Flow

[Smart_trade]

i got 1 Q?is there a fixed filter for entry or our own filter

Filter changes based on scrip, and its volatility. For nifty futures , filter of 12-15 points look ok....

There is a method for calculating filters...I had posted that somewhere.....try a search on that.

Smart_trade

 

[ambarish123]

ok i was backtesting the flow method and i came across some doubts in the charts which iam posting here.

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[ambarish123]

and also suppose if there is a gap open against our position taking out sar, 50-60 pts against us but in actuality is a correction for further decline/rally.wat do we do ?this usualy happens after weekends.
for eg-on 9/10 we short at 5249(Previous PL=5265-15filter).on 11/10we get PH of 5188 and on 14/10 the market opens at 5226 our gap filter=20.so SAR=5208.

now since it has already taken out our SAR do we reverse or switch to 5min charts and c if the high + 20 is taken out and enter long?

 

[ambarish123]

and also how do we identify a WRB .just go with the eye or a candle whose range is so-so pts?

 

[ambarish123]

one more doubt

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[Makarand108]

Hi All,
Thanks for great collection! Thanks Saint as well for being pioneer in this!!
I want to know few things: /

1. Can I use FLOW method for EOD trading (overnight- positional trading)
2. Has anyone compiled FLOW method for overnight trading in one DOC or PDF File? Link plz

thanks

regards

 

[ambarish123]

flow is swing trading,so ya overnight positions are taken

 

[oilman5]

Excellent work !!!!!!!!!!!!!

 

[RakeskNoida]

Thanks for this.

 

[prst]

can we use this strategy on daily time frame?
or is there a variant for this time frame?