1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

Whether the latest MTP v2.2 tool is useful?

  • YES. The tool helps to take safe positions using FLOW and Renko Charts

    Votes: 26 92.9%
  • NO. The tool is not useful

    Votes: 2 7.1%

  • Total voters
    28
  • Poll closed .

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

What should i think from this reply?
Is It means i m thinking on correct lines?
Pls Say yes or No
Sushilgirdher,

This time your question is cryptic. I am not sure if you taken my reply in the right sense. What I mean to say is that I have taken a lot of time to update the Readme sheet and almost all the queries are answered in this thread. So I think you should also take some time and read all those posts.
First of all go through the SAINT's FLOW Method and understand the FLOW. Most of the things would be clear if you understand the FLOW method. The pdfs for the FLOW method is also uploaded. Please see my signature for the links.

Hope you comprehend what I am saying. Take the time. You will definitely need more time to understand the concepts and how this tool is implemented.

Please also press the "Thanks" button so that we know that you have read my response
 
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healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Our Friend Sushil is not happy. For the sake of Sushil I will reply once again

1. All the Flow Signals Are Saying STAY LONG and Buy or Sell is Saying BUY....Is it means that i should buy stock now ( if not buy earlier) and Hold if already bought?

Yes. if you have already bought HOLD your positions.

2. At the same time Buy/Sell Action column is saying Wait... So whom should i listen.....
If you want to Buy/Sell new positions then you have to wait...

3. In TATA STEEL...it is said to BUY MORE at 413.3 ...Is it means that if i have not bought the share i can buy it at 413.3 and if i already bought i should buy more?
YES. Absolutely
 

anup

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

excellent .... tried today on nifty and tcs... worked really ..... thanks a lot Raj.....
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

excellent .... tried today on nifty and tcs... worked really ..... thanks a lot Raj.....
Anup,

Can you explain how it worked so that others will also benefit? Like At what price did you buy? Based on what FLOW levels? Does the "BUY NOW", "SELL NOW", "BUY MORE" and "SELL MORE" work?

There are more and more new people joining this thread. So if you can post more details with chart etc.. it would help others.

In the morning did you take a SHORT position in NIFTY?
Or was it only LONG positions?
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Our Friend Sushil is not happy. For the sake of Sushil I will reply once again

1. All the Flow Signals Are Saying STAY LONG and Buy or Sell is Saying BUY....Is it means that i should buy stock now ( if not buy earlier) and Hold if already bought?

Yes. if you have already bought HOLD your positions.

2. At the same time Buy/Sell Action column is saying Wait... So whom should i listen.....
If you want to Buy/Sell new positions then you have to wait...

3. In TATA STEEL...it is said to BUY MORE at 413.3 ...Is it means that if i have not bought the share i can buy it at 413.3 and if i already bought i should buy more?
YES. Absolutely
Appreciate your patience :thumb:
 

anup

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hi Raj and others.... Morning at around 11.20 it generated a signal Buy Now for Nifty, it was around Nifty 5672(Eventough excel is futures i remember Spot value)....Then at 5693(futures)Buy more was generated . So bought one more lot eventually target1 was 5707(futures level) and target 2 was 5735... both target achieved so i closed call around 5730....

Coming to TCS buy now signal generated at around 11.00...Buy now was at 1285.2 (futures)...add more was generated at 1287.5(futures).target 1 was 1291(future) ...target 2 was 1298(future)....so both target achieved....

If anybody has any clarification/doubt regarding these 2 signals, plz let me know
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

For those beginners using the FLOW method - Trading NIFTY Tomorrow



On the left you see the DAILY Pivots... If you have been trading today then 5703 NS was the level you should have watched... And any strong movement above that would have been a BUY and you saw the market went up to 5722.5
On the right you see the 30 minute pivots... and so you can see different pivots... Today the market opened around 5675, Went down till 5650, Broke the Resistance line at around 5673 and closed around 5620.

Tomorrow you can watch for the important levels 5703 and Today's high of 5722.5...

Sell BELOW 5703 and it can go till 5625... All the Levels are in SPOT. My opinion always watch for the Levels in SPOT because the levels in Futures Keep changing.... But normally the levels in SPOT is the decider...

Tomorrow I think the market will fall to 5625... Let us see.
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

For those beginners using the FLOW method - Trading NIFTY Tomorrow



On the left you see the DAILY Pivots... If you have been trading today then 5703 NS was the level you should have watched... And any strong movement above that would have been a BUY and you saw the market went up to 5722.5
On the right you see the 30 minute pivots... and so you can see different pivots... Today the market opened around 5675, Went down till 5650, Broke the Resistance line at around 5673 and closed around 5620.

Tomorrow you can watch for the important levels 5703 and Today's high of 5722.5...


Sell BELOW 5703 and it can go till 5625... All the Levels are in SPOT. My opinion always watch for the Levels in SPOT because the levels in Futures Keep changing.... But normally the levels in SPOT is the decider...

Tomorrow I think the market will fall to 5625... Let us see.
Hi Raj,

I am missing these flow charts badly :(
Can you please suggest something to get them on excel 2010?
Is it possible to run excel 2010 as 2007?
I did google but couldnt find a solution,

regards
Chidan
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hi Raj,

With your permission I would like to request/suggest few improvements to the tool (to MTP)

1. Can you make the "No refresh between 9.00 - 9.20" customizable
Reason - I am trading from Germany, like me some of our friends are trading from outside India and the fixed time doesnt help
suggestion - We can have new sheet for customizing where we enter all customizable values. This should be checked at the begining when you open the page to avoid performance issues. There might be more customizable fields coming in the future :), so global customizing parameters (like refresh restriction) should be in a different sheet and local customizing parameters (like 10 min pivot, 15 min pivot etc..)can be in the same sheet like now.

2. can you make the futures and spot selectable in MTP tool similar to stock screener tool,
Reason - As you said in your last post, spot prices decide the action in futures. Alternatively you can add columns to display spot and future side by side.
But this might make the coding too complex.
Suggestion - When spot prices is choosen, you can read directly from NSE or google and not store data locally to improve performance as in stock screner 1.0, when futures is choosen you can store the data locally as in MTP 3.2

3. Renko/flow char support for excel 2010
Reason -. some of us are using excel 2010

4. Is it possible to have the Renko/flow chart open in a new window and also run the charts even when the update is taking place?
Reason - we can monitor both prices and chart at the same time which may help in better decision making.

5. I have one more suggestion on visualization of multiple flow charts at the same time - this is to aid trading of atleast 10 stocks at a time, I remember inthe intial posts you said it is not possible to trade more than 2 ~ 3 stocks at a time, we should over come this and increase our chances of profitable trading --> I am working on this concept and will get back to you over weekend.

Some questions.
1. in the current setup of MTP 3.0, when will the future price shift to next month? Is it on the last day of contract month? for ex. oct 25th for this month.
2. Is there any way I can help you in your endeavor.

Again, heartfelt thanks for all your efforts :clap:

Regards,
Chidan
 
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Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Dear Sir
First of all I m very very sorry if i have made u loose patience....As i new to these techniques so questions comes in my mind and i ask directly rather than maing any guess.....
I have read your Read Me File and gained knowledge. I have little knowledge about Technical Analysis. SO as per your recommendations i will go through SAINT's FLOW METHOD and i will try to understand

And since i am absolute beginner in any message forum ( like traderji) i was now aware that there is thanyou button. SO now i m aware.
Thankks a lot again and i will go through FLOW METHOD before putting any question.



Sushilgirdher,

This time your question is cryptic. I am not sure if you taken my reply in the right sense. What I mean to say is that I have taken a lot of time to update the Readme sheet and almost all the queries are answered in this thread. So I think you should also take some time and read all those posts.
First of all go through the SAINT's FLOW Method and understand the FLOW. Most of the things would be clear if you understand the FLOW method. The pdfs for the FLOW method is also uploaded. Please see my signature for the links.

Hope you comprehend what I am saying. Take the time. You will definitely need more time to understand the concepts and how this tool is implemented.

Please also press the "Thanks" button so that we know that you have read my response
 

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