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

[sushilgirdher]

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

If MTP tool Renko Chart and Flow chart are giving Exactly Same buy above and sell below readings....then is it confirm to enter trade?

 

[sivgates]

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

Hi Raj,

In stock screener version 1.1...

I saw two things NR7 and BR7...

How to trade trading decision with this NR7 and BR7?

Regards
Sivgates

 

[healthraj]

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

Dear Raj....Thans for your replies....Today i was reading old messages in this thread...and then i come to know the meaning of OTP and MTP...then i come to know that OTP is best for me ....so i downloaded the RAJ OTP and MTP FOR NIFTY and BANKNIFTY Futures v2.0 BETA...it is not getting refreshed today saying that it is saturday...so i will update it on monday and see the results..by the way pls suggest me should i use this tool if i want to do one trade daily....only 20 points in nifty is my need....If OTP is suitable for me then Pls telll which is latest version?
Also pls give readme file for this OTP file

I will work on the OTP in the coming weeks and let you know. Whether you want to use OTP/MTP is your choice. OTP was mainly designed for people who cannot sit before the trading terminal the whole day but who can afford only say 30 mins per day

 

[healthraj]

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

If MTP tool Renko Chart and Flow chart are giving Exactly Same buy above and sell below readings....then is it confirm to enter trade?

RENKO and FLOW chart would give the same levels only. RENKO chart is timeless. FLOW chart has the candlechart behind the FLOWs.

 

[healthraj]

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

Hi Raj,

In stock screener version 1.1...

I saw two things NR7 and BR7...

How to trade trading decision with this NR7 and BR7?

Regards
Sivgates

Hope you should be knowing what is NR7? There is a special thread for that in TJ. BR7 stands for Broad Range 7.

So if previous day was a NR7 you expect the market to make some wild and Trending moves.

Similarly my opinion is that after a BR7 day, you can expect some volatile moves because either profit booking happens or the next direction need to be decided. So it is better to avoid a stock which had a BR7.

 

[sivgates]

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

Hi Raj,

Is there any possible to get stock screener for Cash Market...

Regards
Sivgates

 

[healthraj]

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

Hi Raj,

Is there any possible to get stock screener for Cash Market...

Regards
Sivgates

Change the "NSE Futures" To "NSE Cash". You will get for Cash market..

 

[sivgates]

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

Hi RAJ,

Thanks for your immediately reply....

What is the stop loss for Entry using NR7 and how much profit precentage?

Regards
Sivgates

 

[healthraj]

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

Hi RAJ,

Thanks for your immediately reply....

What is the stop loss for Entry using NR7 and how much profit precentage?

Regards
Sivgates

For NR7, Let us say the levels are

Buy Above X, and Sell below Y. So if you Buy above X, Y will be stoploss
if you sell below Y, X will be stoploss. Where X and Y are the High and Low of the NR7 Day.

 

[sivgates]

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

Hi Raj,

BANKINDIA Future showing NR 7 Yes but Cash Saying No....

In this situation what I have to do?

Sivgates