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... I tried your excel.. Today i found very wierd things, The Buy/Sell Signals were changed in a matter of 2 to 3 mins.. At11:57:buy generated and at !2:00 Sell signal generated..

 

[healthraj]

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

Raj Ji,

As per our OTP Rules We will close today's Position @ 3.10 pm - 3.15 pm only...Now You are saying cover 50-75% of the positions ????

I am only Using OTP (Paper Trade, Not yet started actual Trading using OTP)...So It is now confusing for me to get the OTP strategy ????

Can we Cover 50-75% in OTP ??

:sos:

I thought you are using MTP.

 

[healthraj]

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

Hi Raj... I tried your excel.. Today i found very wierd things, The Buy/Sell Signals were changed in a matter of 2 to 3 mins.. At11:57:buy generated and at !2:00 Sell signal generated..

For Which stock? Secondly, Are you refreshing every 2-3 minutes or 5 minutes...

 

[Relish]

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

Close 50-75% of the positions and wait for the next EMA convergence.
I am not using OTP and so I cannot comment on that.

Dear Raj which EMA we should consider for Take Long Position and Which EMA for Short position since all will converge at one point ? Thank's

 

[healthraj]

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

Dear Raj which EMA we should consider for Take Long Position and Which EMA for Short position since all will converge at one point ? Thank's

It depends. But I use EMA(3), EMA(13) and SMA(26). I have seen people using EMA 3 and EMA 15 also.

So after convergence if EMA(3) moves above EMA(13) then Buy...
IF EMA(3) moves below EMA(13) then SELL. I use SMA(26) for getting an idea on STOPLOSS. so if I hold a position and if it moves below SMA(26) also then I would close my positions....

 

[prabhsingh]

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

Raj,
Does 3,13,26 moving averages work for positional traders as well.can we use these ma's on eod basis as well.

 

[kiran242526]

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

calculations are good on paper and are not really aplicable in real markets,this is my personal view.real trading is thrill and very hard to digest not as easy as paper trade

 

[healthraj]

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

Raj,
Does 3,13,26 moving averages work for positional traders as well.can we use these ma's on eod basis as well.

Prabhsingh,

Yes you can use them

 

[Relish]

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

Thank's Raj, I forget to ask what time interval we should use for this 5 minutes or 3minutes or other? Please specify.

It depends. But I use EMA(3), EMA(13) and SMA(26). I have seen people using EMA 3 and EMA 15 also.

So after convergence if EMA(3) moves above EMA(13) then Buy...
IF EMA(3) moves below EMA(13) then SELL. I use SMA(26) for getting an idea on STOPLOSS. so if I hold a position and if it moves below SMA(26) also then I would close my positions....

EMA(3), EMA(13), SMA(26) and time interval 3 minutes

I am posting Graph of LT Taken by ODIN to know, I got this strategy right or not given by Raj. Raj correct me if wrong.

1. First EMA(3) and EMA(13) meet and EMA(3) rises above EMA(13); we buy (buy 1663.50) SMA(26)as stoploss is much lower.

2 Second Ema(3) and Ema(13) meets again and Ema(3) going down; we sell here( sold 1669), Stop loss now where near. After sometime SMA(26)and Ema(3) meets: means stock going and stop loss triggered. Can we short here(sold 1670))?

3 Third, Ema(3) and Ema(13) converger but SMA(26) stoploss is higher; we should wait and after sometimes when Ema(3) moving above SMA(26) and Ema(13) then we take position(buy 1668.50).Can cover our short here(buy 1666)?

4 Fourth, Ema(3) and Ema(13) meets,SMA(26) still lower both) so we don't know will it going up or down, so wait. Once Ema(3) moving above. keep position. (Before Ema(3) moving up should we exit since Ema(3) goes down a little or wait?)

5 Fifth, We should sell since Ema(3) moving down Ema(13) and SMA(26) stoploss also met with rise in volume. (sold 1674.50)

6 Sixth, Ema(3) moving above Ema(13) but SMA(26) is above both so I will till they don't met. no position.

7 Seventh, All meets and Ema(3) starts rising up; take position (buy 1670)

8 Eigth, WE saw sharp fall with volume and Ema(13) rises above so we sold (sold 1674)

So total calls 3buy and 3 sell ; total Profit 16 points. (with short Total profit 20 points.)

Did i understand this graph pattern right way or ?

 

[sushilgirdher]

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

Is there any website or software where we can see charts intraday and we can take time gap of 5 minutes and we can check EMA crossover and Stochastic etc?
There are many softwares which provieds End of Day Data and generate charts on the basis of that but i need Intraday live during market hours
if any friend could help me, it would be appreciated