Trading Nifty with Camarilla Pivots...!

veekay304

Well-Known Member
Thats the best thing about range bars... it eliminates the time factor and concentrates only on price. If nifty trades for half an hour in the same small range, you wont get the next bar unless the range is broken. This eliminates a lot of whipsaws and makes indicators more reliable.

ofcourse, amibroker range bars have some inherent problems with the way it is coded and tends to be unreliable.
:eek::eek:



VK
 

linkon7

Well-Known Member

linkon7

Well-Known Member
hi lincoln
Seems to be the narrowest month as well at 270.65
in addition to being the narrowest week.
Your writings are very absorbing.

My cam calc shows [with H 5221.85 L 5168.75 c 5201.05]
L4-5171.85 L3-5186.45 H3-5215.65 H4-5230.26
I wil try to see why during next weekend.
I use the formula underlying
http://www.earnforex.com/pivot-points-calculator

Wish you a very happy new year.
the high is 5229, low is 5191.2, adjusted close is 5202.3.
you need to use the values as given in nse's website. The close is always the adjusted close.
 

linkon7

Well-Known Member


range made 5212 and 5225

strictly in the no trade zone...!
 

linkon7

Well-Known Member


not exactly the jumping wt joy...kind of momentum...!
no trade yet...
 

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