Tom de mark sequential monitor for nifty50 stocks

[crakeshm]

I think its correctly marked.
For bar 9 to be counted as bar 1 of buy CD , its close should have been lower than low 2bars earlier (i.e.bar 7 of buy setup), which it wasn't.
So I think marking is correct.
Also close 13<12<11, it looks good to buy in my humble opinion.

Vivek

Thanks Vivek...also this area was a good S level...Nice move up overnight...:clap:

Thanks

 

[Krishan86]

I think intersection took place a bar earlier, bar 12 (* bearish bar) with 9.

Vivek

hmm... that was too small for my eyes to see but yes, i agree u r right

 

[Krishan86]

Ok, AMI is installed and AFL is in place

1. Marked a default chart.
2. Will soon be loading Nifty 10 years data, and will post 10yrs daily Nifty with my markings.

So in this case we would have hit SL.

 

[Krishan86]

Good example of "2nd setup in same direction before completing CD".... As the first setup is engulfing 2nd setup, hence 1st setup remains intacct.

 

[Krishan86]

 

[Krishan86]

 

[Krishan86]

Enough for today

 

[crakeshm]

Chart and indicator looks nice :thumb:
Can one ask which software/package is this.

Thanks

The charting package is MT4.......

 

[Krishan86]

Vivek bhai,
How should we count Countdown after CD-13 in this case ? And what is the entry point.
In this case high of bar-13 is not more than close of bar-8, hence bar marked '14' will be our bar-13. How will the counting proceed after that ? And when do we stop ?

 

[VJAY]

Avoid this concept in lower TF ..use it on daily tf for its accuracy...my views