Hello everyone, This was a grid trading example for intraday trading. Please be advised that every commodity have diferent kind of reaction and rate of change between periods therefore the percentages need to be adjusted acording to the commodities change %. In order to specify the adjustment rate we add the Zig Zag in the script. For Example ; Last 3 days zigzag high points are %25 , %13 and %8 , the average %is about %9 therefore you have to put the adjustment ratios something like; Z%1 = %3 Z%2 = %6 Z%3 = %9
Feel free to use the script with caution( it was not a investment advice), this was only a example of grid trading strategy on our trading platform. Regards.
sir thanks for your input. i will post the feed back with the screenshot of the chart
thanks
r.sadagopan
tendollarshipping
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it repaints
Oracle_Systems
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@tendollarshipping, we are sure that the script doest not repaint , you have to wait till specified time lines closing, otherwise you will see the same alert twice or more , i am sory but it was a fundamental feature of trading view it was a same situation for all community , we cant do anything about it unless tradingview update itself.You have to wait for closing of the specified timeline or set alert for "at the bar close" function ok.
tendollarshipping
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sir
thanks for your quick reply. now i am just test checking with crude oil future ( MCX - India) i will the feed back to you. thanks and keep going
r.sadagopan
Oracle_Systems
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@tendollarshipping, you are welcome we are open to feedbacks in fact we appreciate it , also you can use the script for every commodity just have to modify the Z%'s acording to zigzag results
tendollarshipping
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sir is it redraws / repaints in the live market kindly confrm thaks r.sadagopan
Oracle_Systems
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@tendollarshipping, there is no re-draws ( we also hate this kind of scripts ) use heikin ashi for better results ( less order number , less operational cost , less in and out & more performance).
thanks for your input. i will post the feed back with the screenshot of the chart
thanks
r.sadagopan