Trading Nifty with Camarilla Pivots...!

[linkon7]

Me screen ke title change karke naya title de raha hum.. "DARNA MANA HAI"

VK

I think..."CONFUSE MAT HONA" is a better title...

 

[linkon7]

5273... appears to be the break out level as per fabo...

 

[linkon7]

exited balance at 5256

 

[veekay304]

I think..."CONFUSE MAT HONA" is a better title...

isme confuse hone ke liye kuch bhii nahi hai... koi bhi kahega ki "yeh Chudail hai"

:lol: :lol: :rofl: :rofl:

VK

 

[linkon7]

isme confuse hone ke liye kuch bhii nahi hai... koi bhi kahega ki "yeh Chudail hai"



VK

:rofl::lol::rofl:

 

[veekay304]

how do you calculate the fibo levels.. based on a particular candle ..?? never been clear on this..

VK

 

[linkon7]

how do you calculate the fibo levels.. based on a particular candle ..?? never been clear on this..

VK

sidhi tara se bolo na...iska bhi afl de do...

 

[linkon7]

code for fabo retracement...

_SECTION_BEGIN("Fib_Levels");
/*---------------------------------------------------
   Automatic Fib Levels
   Aron Pipa, December, 11, 2005
--------------------------------------------------------*/
SetChartOptions(0,chartShowArrows|chartShowDates);
Plot(MA(Close,3),"",IIf(MA(C,3) > Ref(MA(C,3),-1),colorGreen,colorRed),styleThick);
Plot(C,"", IIf(PDI(7) > MDI(7),colorGreen,colorRed) , styleCandle);

//_SECTION_BEGIN("fib");
// Get values for fib levels

StartBar=SelectedValue(BarIndex());
FinishBar = EndValue( BarIndex() );
i = startbar;
period = FinishBar - StartBar;

Lo =LLV(L,period);
Hi = HHV(H,period);
Line0 = 0;
Line1 = 0;
Line2 = 0;
Line3 = 0;
Line4= 0;
Line5= 0;
Line6= 0;
Line100 = 0;

for( i = startbar; i < finishbar; i++ )
{
if(EndValue(C)<SelectedValue(C))
{
Line0  = EndValue(Lo);
Line100 = EndValue(Hi);
Line1 = Line0 + abs(Line100-Line0)*0.236;
Line2 = Line0 + abs(Line100-Line0)*0.382;
Line3 = Line0 + abs(Line100-Line0)*0.5;
Line4 = Line0 + abs(Line100-Line0)*0.618;
Line5 = Line0 - abs(Line100-Line0)*0.236;
Line6 = Line0 - abs(Line100-Line0)*0.382;

}
else
{
Line100  = EndValue(Lo);
Line0 = EndValue(Hi);
Line1 =Line0 - abs(Line100-Line0)*0.236;
Line2 = Line0 - abs(Line100-Line0)*0.382;
Line3 = Line0 - abs(Line100-Line0)*0.5;
Line4 = Line0 - abs(Line100-Line0)*0.618;
Line5 = Line0 + abs(Line100-Line0)*0.236;
Line6 = Line0 + abs(Line100-Line0)*0.382;
}
}

// external fib lines begining fom selecetdbarindex()
fib0= LineArray(startbar, Line0, finishbar, Line0, 0, 1);
fib100 = LineArray(startbar, Line100, finishbar, Line100, 0, 1);

// depth of middle lines
n= round((finishbar-startbar)/2);

// middle lines
fib1= LineArray((finishbar-n), Line1, finishbar, Line1, 0, 1);
fib2= LineArray((finishbar-n), Line2, finishbar, Line2, 0, 1);
fib3= LineArray((finishbar-n), Line3, finishbar, Line3, 0, 1);
fib4= LineArray((finishbar-n), Line4, finishbar, Line4, 0, 1);
fib5= LineArray((finishbar-n), Line5, finishbar, Line5, 0, 1);
fib6= LineArray((finishbar-n), Line6, finishbar, Line6, 0, 1);

Plot(fib0,"", colorGreen);
Plot(fib100,"", colorRed);
Plot(fib1,"", colorYellow,styleDashed);
Plot(fib2,"", colorPink);
Plot(fib3,"", colorWhite);
Plot(fib4,"", colorLightBlue);
//Plot(fib5,"", colorLightGrey);
//Plot(fib6,"", colorLightGrey);

_SECTION_END();



_SECTION_BEGIN("Fibo for all bars");

TimeFrameSet( inDaily ); 
DH=Ref(H,-1); 
DL=Ref(L,-1);
DC=Ref(C,-1);


pd = (O+ DH+ DL + DC )/4;
sd1 = (2*pd)-DH;
sd2 = pd -(DH - DL);
sd3 = Sd1 - (DH-DL); 
rd1 = (2*pd)-DL;
rd2 = pd +(DH -DL);
rd3 = rd1 +(DH-DL);

H4 =  (dH - dL) * 1.1 / 2 + dC;
H3 = (dH - dL) * 1.1 / 4 + dC;
h2 = (dH - dL) * 1.1 / 6 + dC;
H1 = (dH - dL) * 1.1 / 12 + dC;
L1 = dC - (dH - dL) * 1.1 / 12;
L2 = dC - (dH - dL) * 1.1 / 6;
L3 = dC - (dH - dL) * 1.1 / 4;
L4 = dC - (dH - dL) * 1.1 / 2 ;



//Plot (pd,"Pivot",colorBlue,styleDots);
//Plot (rd1," R1 ",35,styleDots);
//Plot (rd2," R2 ",35,styleDots);
//Plot (rd3," R3 ",35,styleDots);

//Plot (sd1," S1 ",4,styleDots);
//Plot (Sd2," S2 ",4,styleDots);
//Plot (Sd3," S3 ",4,8+16);
/*
style = IIf(ParamList("Chart style", "styleCandle|styleBar")=="styleCandle",64,128+4);
Plot (C,Date ()+" close",1,style); //ENABLE THIS TO HAVE CANDLES AS WELL
*/
TimeFrameRestore();

tgt_up = H4*5/1000 + H4;
tgt_dn = L4-L4*5/1000;
Title = EncodeColor(colorWhite)+ "LINKON'S PIVOT TRADING SYSTEM" + " - " +  Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
 "  - " + Date() +" - "
//+ WriteIf(Col_action==colorGreen, EncodeColor(colorGreen)+"stay LONG","")+ WriteIf(Col_action==colorRed, EncodeColor(colorRed)+"stay SHORT","")+  WriteIf(Col_action==colorBlack, EncodeColor(colorYellow)+"No Trend","")+"\n"
+ "Vol= "+ WriteVal(V) +WriteIf ( V > MA(V,26) ,EncodeColor(colorGreen)+"  UP "+ (V/MA(V,26))*100 + " %", EncodeColor(colorRed)+"  DOWN "+ (V/MA(V,26))*100 + " %")
+ EncodeColor(colorGreen)+   "\n H4 : "+ EncodeColor(colorWhite)+H4+ EncodeColor(colorGreen)+   "    tgt : "+ EncodeColor(colorWhite)+tgt_up 
+ EncodeColor(colorGreen)+   "\n H3 : "+ EncodeColor(colorWhite)+H3 
+ EncodeColor(colorGreen)+   "\n H2 : "+ EncodeColor(colorWhite)+H2 
+ EncodeColor(colorGreen)+   "\n H1 : "+ EncodeColor(colorWhite)+H1+ EncodeColor(colorGreen)+   "`            Hi: "+ EncodeColor(colorWhite)+H
+ EncodeColor(colorBlue)+   "\n Pivot : "+ EncodeColor(colorWhite)+pd + EncodeColor(colorYellow)+   "`   Op: "+ EncodeColor(colorWhite)+O+ EncodeColor(colorAqua)+   "Cl: "+ EncodeColor(colorBrightGreen)+C
+ EncodeColor(colorRed)+   "\n L1 : "+ EncodeColor(colorWhite)+L1+ EncodeColor(colorRed)+   "`            Lo: "+ EncodeColor(colorWhite)+L
+ EncodeColor(colorRed)+   "\n L2 : "+ EncodeColor(colorWhite)+L2
+ EncodeColor(colorRed)+   "\n L3 : "+ EncodeColor(colorWhite)+L3
+ EncodeColor(colorRed)+   "\n L4 : "+ EncodeColor(colorWhite)+L4+ EncodeColor(colorRed)+      "     tgt : "+ EncodeColor(colorWhite)+tgt_dn
;

_SECTION_END();

Plot(6, "", IIf(PDI(7) > MDI(7) AND PDI(7) > 30,colorGreen,IIf (MDI(7) > PDI(7) AND MDI(7) > 30,colorRed,colorYellow)), styleOwnScale| styleArea|styleNoLabel,-0.5,100);

 

[veekay304]

Linkon,

I am a bit sceptical about rule-1

"Trade only when price is between “H3 and H4” or “L3 and L4” only"

We should wait till price coming down from H3 for short and coming up L3 to enter Long.. signs of reversals...

Alternatively, wait till clear upclose above H4 for long and clear downclose from L4 for short..

Your advise..??

VK

 

[veekay304]

sidhi tara se bolo na...iska bhi afl de do...

nahi nahi.. wo tho me baad me poochne wala tha..

but bina patha hoke, kya kar sakta hum.. mere liye who bilkul greek and latin hai..untamed bhains (sorry bull)...

VK