Final post for today:
Auro Pharma.
CRB on price and OBV simultaneously.
Looks too good to believe..!
Not sure if it will work in live market..?
Sent from my iPhone using Tapatalk
Today i will try to teach you when to get into a trade when you spot a trend for minimum risk. (it can never be risk free as i do not have a crystal ball)
So the thumb rule i follow is when i see OBV breakout in any TF. I look for the best price to enter (in terms of minimum risk). OBV is always my navigator.
View attachment 22087
I hope you guys know now what to do after seeing this current divergence in BN.
I hope you guys know now what to do after seeing this current divergence in BN.
View attachment 22088
These were all profitable trades using divergence.
These were all profitable trades using divergence.
The places to look for divergence is the tops and bottoms. Very easy to say right. Now which tops and bottoms. Look for opportunities in divergence trade in case of Gap ups and Gap Downs and also near 200EMA (of both Price and OBV). These are the vulnerable places for whips. (Whips very often give good trades on divergence)
You may understand the gap up or gap down but why 200EMA. Simple logic is everybody uses 200EMA which is meant to offer support to price or OBV. This is the best place for the operators to wrong foot you.
CRB - Closing Range BreakOut
Enjoy.....
Code:
x=Param("Min of CR:",30,0,375,1);
nd=Day() != Ref(Day(), -1);
crbh = ValueWhen(nd,Ref(HHV(H,x),-1));
crbl = ValueWhen(nd,Ref(LLV(L,x),-1));
Plot(crbh,"\nCRB H",colorBlack);
Plot(crbL,"\nCRB L",colorBlack);
if( ParamToggle("CRB cloud", "No|Yes", 1))
PlotOHLC(crbl,crbh,crbl,crbl,"",ParamColor("R col",colorBlack),stylenoreScale|styleNoLabel|styleCloud,0,0,0,-7);
_SECTION_END();
CRB for Obv
Enjoy.....
Code:
_SECTION_BEGIN("CRB obv");[/B]
[B]x=Param("Min of CR:",30,0,375,1);
nd=Day() != Ref(Day(), -1);
crbh = ValueWhen(nd,Ref(HHV(OBV(),x),-1));
crbl = ValueWhen(nd,Ref(LLV(OBV(),x),-1));
Plot(crbh,"\nCRB H",colorBlack);
Plot(crbL,"\nCRB L",colorBlack);
if( ParamToggle("CRB cloud", "No|Yes", 1))
PlotOHLC(crbl,crbh,crbl,crbl,"",ParamColor("R col",colordarkgrey),stylenoreScale|styleNoLabel|styleCloud,0,0,0,-7);
_SECTION_END();
Enjoy.....
Vk Ji is this what you are referring
View attachment 22093
Back to the drawing board. Remember the ribbons created by Happy ji in this thread. One simple way to find divergence would be to comapare the lows / highs of prices between two ribbons of same colour for both OBV and Price. For both of them to be in sync, we need both of them to make a higher low or a higher high in these 2 ribbon periods. If one does and the other does not, we may be in a position of a divergence or a developing divergence.
@doss186
thank u for sharing.
just one little suggestion.
to share or not to share is coders own right.
But the way i see it is
either you share or not share. nothing in between.
How do feel now to see this in thread tht out of ten 4 will talk on your system and rest will feel left alone.
I also do this private sharing. but do tht in PM(private message). and ask the person to not share even a picture of it.
tht way nobody feels left alone.
i respect your choice just giving suggestion.
have no other intentions.
thank u for sharing.
just one little suggestion.
to share or not to share is coders own right.
But the way i see it is
either you share or not share. nothing in between.
How do feel now to see this in thread tht out of ten 4 will talk on your system and rest will feel left alone.
I also do this private sharing. but do tht in PM(private message). and ask the person to not share even a picture of it.
tht way nobody feels left alone.
i respect your choice just giving suggestion.
have no other intentions.
I second Apache...One day I had asked one afl with some logic in the night mind it around 11pm I think...And when I was going to sleep I just checked at 1:30am and there was a like from MBji and later on in the morning there was the code ....I get amazed how much helpful and dedicated all of the guys here are ...Even extremistji was one night burning mid noight oil developing a code and testing and his calculation woke me up also from going to sleep ..
Just sometimes I think If i would have got this Traderji 10years back could have learned so much from our all wonderful friends
Thanks Everyone and Traderji its a nice family
Just sometimes I think If i would have got this Traderji 10years back could have learned so much from our all wonderful friends
Thanks Everyone and Traderji its a nice family
Now they may claim that the inspiration came to them directly but we all know the truth. There are many red herrings amongst us.
View attachment 22107
See the simplicity and beauty of just trading the BO of CRB of OBV. You know exactly where to get in, where to add and where to trail your sl. Thank you Extremist ji and Money B ji.
See the simplicity and beauty of just trading the BO of CRB of OBV. You know exactly where to get in, where to add and where to trail your sl. Thank you Extremist ji and Money B ji.
Really bro...
i seen lot of people create threads or post images of AFL or systems here and there for lot of days; in the name of testing. once people develops interest in it they just become too concern about all of them "the system is under testing " and promise to share it when it is finished product.
ultimately nothing such happens and lot of people left disheartened. lot time wasted.
continuously begging for the system. and the so called proprietor boast on this fact that he is in too much demand.
i seen lot of people create threads or post images of AFL or systems here and there for lot of days; in the name of testing. once people develops interest in it they just become too concern about all of them "the system is under testing " and promise to share it when it is finished product.
ultimately nothing such happens and lot of people left disheartened. lot time wasted.
continuously begging for the system. and the so called proprietor boast on this fact that he is in too much demand.
View attachment 22108
This would make it clearer.
This would make it clearer.
Auro Pharma.
CRB on price and OBV simultaneously.
Looking at this chart would make it so much clearer that what leads what. I always beleive that OBV is a leading indicator over price. I rest my long pending case.
Manish ji donot take it personally. I wrote that because i was hurt with that. Trading is not like any other run of the mill businesses where you do not share your trade secrets. What works for you can and will equally work for others without impacting your returns (profits). The AFL does not give you profits. It just catches the parameters set in it. Now just because X number of people know those parameters would not make the market change its course. It is like beleiving that your AFL is moving the markets. This arguement does not hold any water.
99.99% of the times it turned out in the end that starting idea wasn't good enough no matter how many filters are applied and so it dies a natural death.Its not because the person has found a holy grail.lol.
It is very difficult to develop a mechanical trading system.Most of the times it looks like a waste of time but its not.Remember how many time edison failed in making the ligh bulb.I don't have a fully mechanical system but i get to learn coding because i made all those failed attempts.It has made life easier for me as a trader.
It is very difficult to develop a mechanical trading system.Most of the times it looks like a waste of time but its not.Remember how many time edison failed in making the ligh bulb.I don't have a fully mechanical system but i get to learn coding because i made all those failed attempts.It has made life easier for me as a trader.
Those who gone through such a pain get natural tendency to see others pain. and help without any condition. sometime people judge them as fools. but they know wht they are.
As i seen your code i understood tht you are a fighter like me who love fighting for his own dreams instead of taking lift.
As i seen your code i understood tht you are a fighter like me who love fighting for his own dreams instead of taking lift.
Fulfilling my promise of telling my understanding
But as I read thread I came to see that VK ji and some other members have already found it so it's not a secret at all but still i will post it
Market is an unending flow of orders, its an auction process where buyers and sellers meet at an agreement of price but this order flow is not at all steady and equally same at all times, it's seen and understood that whenever the volume is low as discovered by lv bar concept by VK ji, it's because not many buyers or sellers think that that particular area is of value anymore so price has to go to some other area where it will find more takers and value for the auction process be better and smoother............. So when this low value area is identified then we have a good chance that price will move further away in some direction either up or down, sometimes we can change time frame to even 5 minutes with lvb afl to see the hidden area of low volume which is seen differently than 1 minute time frame but that also works good IMHO.
Thanks Varun ji for this new concept and thanks all the coders as well for tireless efforts MB ji, EXTREMIST ji, Manish ji, HAPPY ji and all others who did great job of helping all of us including me
But as I read thread I came to see that VK ji and some other members have already found it so it's not a secret at all but still i will post it
Market is an unending flow of orders, its an auction process where buyers and sellers meet at an agreement of price but this order flow is not at all steady and equally same at all times, it's seen and understood that whenever the volume is low as discovered by lv bar concept by VK ji, it's because not many buyers or sellers think that that particular area is of value anymore so price has to go to some other area where it will find more takers and value for the auction process be better and smoother............. So when this low value area is identified then we have a good chance that price will move further away in some direction either up or down, sometimes we can change time frame to even 5 minutes with lvb afl to see the hidden area of low volume which is seen differently than 1 minute time frame but that also works good IMHO.
Thanks Varun ji for this new concept and thanks all the coders as well for tireless efforts MB ji, EXTREMIST ji, Manish ji, HAPPY ji and all others who did great job of helping all of us including me
Looks too good to believe..!
Not sure if it will work in live market..?
Sent from my iPhone using Tapatalk
Is it close to your method
View attachment 22109
Its a Modified form of linear regression slope lines..!