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 .

boarders

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

Thanks Raj, This version is working very well without issues or cache messages
 

healthraj

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

Raj, few doubts has creeped in...
Today MTP trade has given a short trade at 5232 and the market has opened abv that value...biut since we take trade only after 9:30, and till that time mkt went down blw our sell level...in that case where do we take the short trade?

Also suppose if the market opens with a gap then where to enter?
First of all Let us know if the BETA 2 is working? Your silence indicates that it is working :)

Coming to your question ...

You are right the sell was at 5232 but the market kept on going down... So take the call as soon as you can if the difference is not more than 10 points from the sell level...

Today There was also RBI Policy, which I was not even aware of since I was so immersed in looking at the tool... Anyways the tool has not let down...

So use your discretion and confidence level... It will only come through experience... Please look at the chart once before entering the trade

IF I Look at the sheet "NF MTP Calls", I can see that the SELL Call came in at 9:43 AM, when the Futures was trading at 5223.2 (difference of 9 points) and market made a lot 5168 and so anyway you would have made 50 points

Anyway Like you guys, I am also using discovering the results of the tool for the first time... So let us see and be hopeful that this tool will yield good results...
 
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aimer

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

First of all Let us know if the BETA 2 is working? Your silence indicates that it is working :)

Coming to your question ...

You are right the sell was at 5232 but the market kept on going down... So take the call as soon as you can if the difference is not more than 10 points from the sell level...

Today There was also RBI Policy, which I was not even aware of since I was so immersed in looking at the tool... Anyways the tool has not let down...

So use your discretion and confidence level... It will only come through experience... Please look at the chart once before entering the trade
Thanks Raj, ya now it is working and refreshing also properly...thanks once again...and thanks for clearing my doubt...

had doubt abt ur earlier strategy of considering 7 as stop loss, got interested in that strategy...had even posted few queries, but since u were busy ion upgrading the system, looks like u overlooked my queries, had posted 3 days back...will repost it...
want some clarification on that system as even I prefer OTP over MTP...

:clap::clap::clap:
 

aimer

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

Hello healthraj,
Thanks a ton for the latest version V1.3...
Have some doubts with the use of Excell...

Q1.Considering the last row of Excell, Row no. 648 dated 27th July,what values are to be put in OHLC columns?
Is it of 27th OHLC that has to be filled EOD and the values that we obtained in longs and shorts will be for 28th....or do we fill 26th values?

Q2. If we are doing with 27th July EOD data then it is for 28th july, right!...and the values that we get are as follows...

Overall Signal is stay Short.
sell below 5144...sell open price is 5124 and the sell profit is -7...now since the values are for 28th and we are still to trade the day then how come the sell loss is shown as -7...also its showing sell open price as 5124 which is showing 27th sell open price...can not corelate how 28th values would be seen on 27th...


Q3. If suppose the market opens beyond our entry price in that case what would be our entry point?

Q4. These points are excluding brokerage? then if we count brokerage in our profits gets drastically reduced as the number of trades is more off equal to 20-22 and the points obtained in January 2012 is 107, so removing the brokerage(18x4=72); here I have taken 18 trades in Jan2012 and Rs4 per lot as brokerage...which reduces our net point as mere 35 for the whole month!!!

Totaly confused or may be I am missing something...
Awating for ur reply...
Thanks...
quoting the previous questions:

Q1.Considering the last row of Excell, Row no. 648 dated 27th July,what values are to be put in OHLC columns?
Is it of 27th OHLC that has to be filled EOD and the values that we obtained in longs and shorts will be for 28th....or do we fill 26th values?

Q2. If we are doing with 27th July EOD data then it is for 28th july, right!...and the values that we get are as follows...

Overall Signal is stay Short.
sell below 5144...sell open price is 5124 and the sell profit is -7...now since the values are for 28th and we are still to trade the day then how come the sell loss is shown as -7...also its showing sell open price as 5124 which is showing 27th sell open price...can not corelate how 28th values would be seen on 27th...


Q3. If suppose the market opens beyond our entry price in that case what would be our entry point?

Q4. These points are excluding brokerage? then if we count brokerage in our profits gets drastically reduced as the number of trades is more off equal to 20-22 and the points obtained in January 2012 is 107, so removing the brokerage(18x4=72); here I have taken 18 trades in Jan2012 and Rs4 per lot as brokerage...which reduces our net point as mere 35 for the whole month!!!
 

healthraj

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

My next functionality would be to find a point where I can reverse the positions.... So the MTP trader can do real mutiple trades.

NIFTY Futures has bounced back from 5168 to 5213 and so there should be another opportunity to go LONG but our tool still says "STAY SHORT"

BANKNIFTY Futures has bounced back from 10288 to 10400. So once again there was another opportunity to GO LONG in BANK NIFTY Futures....

I was thinking of writing an algorithm for the "FLOW Method by Saint". But that looks very complicated...

Let me see if that can be figured out through Options Chain data itself because the othe signal in Options Chain suggests to "GO LONG"
 

aimer

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

My next functionality would be to find a point where I can reverse the positions.... So the MTP trader can do real mutiple trades.

NIFTY Futures has bounced back from 5168 to 5213 and so there should be another opportunity to go LONG but our tool still says "STAY SHORT"

BANKNIFTY Futures has bounced back from 10288 to 10400. So once again there was another opportunity to GO LONG in BANK NIFTY Futures....

I was thinking of writing an algorithm for the "FLOW Method by Saint". But that looks very complicated...

Let me see if that can be figured out through Options Chain data itself because the othe signal in Options Chain suggests to "GO LONG"
Raj, have u gone through Flow method by saint sir, also ITf where in we trade visual pivots with some specified conditions...if u can code that it would be wonderful...
 

gurmy.

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

My next functionality would be to find a point where I can reverse the positions.... So the MTP trader can do real mutiple trades.

NIFTY Futures has bounced back from 5168 to 5213 and so there should be another opportunity to go LONG but our tool still says "STAY SHORT"

BANKNIFTY Futures has bounced back from 10288 to 10400. So once again there was another opportunity to GO LONG in BANK NIFTY Futures....

I was thinking of writing an algorithm for the "FLOW Method by Saint". But that looks very complicated...

Let me see if that can be figured out through Options Chain data itself because the othe signal in Options Chain suggests to "GO LONG"
dear raj
thanks a lot beta version is running fine w/o any trouble
great going man
 

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