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 -

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!!!
Aimer,

The backtesting results that I have given is only to demonstrate a strategy. Now in that even if you get 20% and you stay on the positive side then it is good....

First of all my first goal is to learn to trade and to develope a good strategy...

So at the end of six months even If I don't make any profits also I am fine
But I should not loose...

So If take the data from 15-Jan-12,
there are 140 trading days
and 105 Trades were possible

Theoretically we got 754 points.
I don't know why you are giving 4 points to the broker... If we go with broker like Zerodha the brokerage for NIFTY is only 2 points... Zerodha users correct me If I am wrong

So even If take away 4 points I will be left with 350 points...

Now if I trade only 100 quantities without pyramiding and all that I would still get 35000 rupees for an investment of 1 lakh.... which is still good enough...


For OTP let us keep it simple.... we know the levels to SHORT or GO LONG... At around 9:20 to 9:30 whatver the tool says, please do with a strict stoploss of 7 points...

And close the call at 3:15 if the call is not closed...

It is based on a simple assumptions based on the past data that 20% of the time the market does not break the opening price by 7 points... If after market opening the market retraces then you loose the trade... So no thinking for OTP... Just get the overall direction and put a LONG or SHORT trade.... And that is where the tool comes in Handy... Let us say end of yesterday, you had a call to GO LONG beyond 5200...

If the market opens beyond 5200, You will go LONG
If it opens below 5200, NO Trade
 

healthraj

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

I am getting errors as shown below on click of refresh data and show chart button.

I am using office 2010 and Windows 7 64 bit.
Please chk if it can be fixed.
Sure I will check and let you know... So first of all I would need office 2010 for that ..
 

Ajit57

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

Hi Raj,

Tx for the latest update ... Will there be a time when there won't be any signal in MTP ??? Because, now I am getting blank in Sell Below, Stop loss, Target 1 and Target 2 ... Is this the way its programmed or some error on my part ??

Tx

Ajit
 

boarders

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

I am using the latest version on office 2010 without any hitches, I think his problem is that his is 64 bit computer as shown in the pop-up
 

healthraj

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

Hi Raj,

Tx for the latest update ... Will there be a time when there won't be any signal in MTP ??? Because, now I am getting blank in Sell Below, Stop loss, Target 1 and Target 2 ... Is this the way its programmed or some error on my part ??

Tx

Ajit
Yes that is fine... MTP signal can also be flat..
 

aimer

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

Aimer,

The backtesting results that I have given is only to demonstrate a strategy. Now in that even if you get 20% and you stay on the positive side then it is good....

First of all my first goal is to learn to trade and to develope a good strategy...

If the market opens beyond 5200, You will go LONG
If it opens below 5200, NO Trade
Thanks for the reply raj, will do the autopsy today night and if any query pops out will revert back to you...by the way how is ur work going on FLOW METHOD...hope to see something interesting in the coming days:thumb:
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

HI Raj,

Do you have 2 year backtested result, the link given in first page is inactive

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

Dear Raj,
R U removed Bank Nifty Beta2 2007 version?
Pls include BN also
Thanks
Warm regards,
Manojkumar
HERE GOES the link for "RAJ TRADING SYSTEM FOR NIFTY / BANKNIFTY Futures" Version 2.0 BETA 2.

Happy Trading and Enjoy... :)

2003 Version

http://www.4shared.com/zip/8xi7VlBJ/2003-RAJ_OTP_and_MTP_FOR_NIFTY.html

2007 Version

http://www.4shared.com/zip/b9LajJ8z/2007-RAJ_OTP_and_MTP_FOR_NIFTY.html
 

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