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

[anup]

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

Hi Raj.... U have developed 2 excels first one is advanced trading strategy and other is latest version of 3.2 stock screener.... Today i downloaded stock screener... As i was on leave for office i was able to download and test it but advanced trading i havent downloaded and tested.... Can u plz brief me abt this tool... Plz explain, I wont be able to test as i will be there in office tomorrow and today my system has also crashed... Now accessing TJ on phone.... plz brief me abt advanced trading method

 

[bulltrader]

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

Hi Raj.... U have developed 2 excels first one is advanced trading strategy and other is latest version of 3.2 stock screener.... Today i downloaded stock screener... As i was on leave for office i was able to download and test it but advanced trading i havent downloaded and tested.... Can u plz brief me abt this tool... Plz explain, I wont be able to test as i will be there in office tomorrow and today my system has also crashed... Now accessing TJ on phone.... plz brief me abt advanced trading method

Hi Anop,
If you see two posts earlier same was repeated for sushil, all your questions are answered in this thread. i suggest that you should spend some time to go through the thread and flow methods, this will certainly improve your trading skills. Trust me, I am also a complete beginner and always lost money, but knowledge gained in this thread is helping me immensely.
So please go through the thread before asking basic questions.

Regards,
Chidan

 

[healthraj]

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

You have a long wishlist. Let me see If I can do all that. In Excel we cannot do much because of the performance problem...

Regarding your questions
1. In India, the Expiry is always on the Last Thursday of the month.
2. I am looking to convert this into .NET version. So if you are from IT and if you know .NET let me know

 

[healthraj]

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

Hi Raj.... U have developed 2 excels first one is advanced trading strategy and other is latest version of 3.2 stock screener.... Today i downloaded stock screener... As i was on leave for office i was able to download and test it but advanced trading i havent downloaded and tested.... Can u plz brief me abt this tool... Plz explain, I wont be able to test as i will be there in office tomorrow and today my system has also crashed... Now accessing TJ on phone.... plz brief me abt advanced trading method

Anup,

Hope you are referring to my signature and asking for the "Advanced Trading" tool. There is no such tool that I have developed. This whole thread is under the category "Advanced Trading Strategies". You have all the latest version that I have developed. I had done one more tool for the OTP (One Trade Per-day) users. But since you are a MTP user it might not be of interest to you and the OTP tool is actually very old which I need to work on.

 

[anup]

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

sir... i an frm software background but i am in testing/qa... so dont have much knowledge on coding... but my friends are developers... but they are frm java and my friend is also intrested in Ta and knows little... I can get him on board if u r ready for java coding... The disadvantage of .net is its paid tool... but java is free source...plz let me knoq

 

[kajashareef]

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

hi shivangi77
pls give me ur afl link

thnk u

 

[healthraj]

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

raj sir how was your trading using cci indicator experience you said made said made some losses , but i am still using it effectively and as per my knowlege it is best indiactor i ever used

Yes CCI, is one of the best Indicator. I made losses not because of the CCI Indicator but because I did not follow my own plan.

You need to understand How CCI is calculated for you to know the Pros and Cons of CCI. CCI is calculated using the Typical price (Average of High, Low and Close, which is one of the Strengths of CCI. All other indicators uses only one price)

But as with any indicator the CCI indicator works best during the Trending markets. During the Rangebound or Volatile markets, if you follow CCI you will have whipsaws.

So i tried CCI and ADX combination. ADX to find out whether Trending or Non-Trending. But ADX also fails during the Rangebound markets markets.

In short any indicator based on Moving averages works only during the Trending markets and it can fail miserably during the Rangebound market.

Unfortunately market is rangebound 80% of the time and Trending only 20% of time.

So the magic lies in predicting whether market is Trending or Rangebound.

And use CCI during Trending times and use RSI or similar indicator during the Rangebound times.
I am not sure if there is any indicator which would tell me whether at point in time the market is in Trending or Rangebound mode.

Infact in the MTP version 2.5, I had used CCI, ADX indicators. I had removed those indicators because it was too technical and too many indicators to decide a trade...

 

[Option.Trader]

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

Call update:

Tool was very choppy in the first hour of trade today. I was just looking at Nifty recommendations and it gave around 4 calls which all ended in losses as soon as the call generated. It has oscillated between buy and sell calls
Suggest people to look at 10 min Renko and Flow before initiating trade
We need to remove the noise in some way.. either keeping the call recommendations based on known Support and Resistance levels calculated either thru Gann or some other way.

 

[anup]

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

I Started looking into the tool around 10.20..It has not generated a single signal till now..is there anything wrong with tool and also "Now" value is not changing..Did u get any signal?

 

[anup]

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

Hey All.. i am not getting any signals from 10.15... Any problem with tool?