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 -

OTP Trade setup for NIFTY Futures on 01-Aug-2012

If you have seen the Daily NIFTY Chart in the tool, you will understand the OTP Trade for 01-Aug-2012


After 14 days, today NIFTY Spot closed Green above the Buy level of 5201.
So if the market opens above 5201, OTP will trade will be triggered.

For MTP you can follow the levels in the tool.

 

healthraj

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

Just a very basic question.What does OTP and MTP stands for?
It is the words that I have coined
OTP - One Trade Per-day (You can call it Positional)
MTP- Many Trades Per-day (Typical Intraday)

But both are Intraday trades only because I don't like to carry overnight positions due to GAP UP/ GAP DOWN problems.

This thread basically was started for the strategy which is called OTP now

Hope you understand :)
 

sholay

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

OTP Trade setup for NIFTY Futures on 01-Aug-2012

If you have seen the Daily NIFTY Chart in the tool, you will understand the OTP Trade for 01-Aug-2012


After 14 days, today NIFTY Spot closed Green above the Buy level of 5201.
So if the market opens above 5201, OTP will trade will be triggered.

For MTP you can follw the levels in the tool. /QUOTE]
If the market opens above 5201 whether buy imiediately or
to buy at any price @9.30 even if it is below 5201?
 

healthraj

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

OTP Trade setup for NIFTY Futures on 01-Aug-2012

If you have seen the Daily NIFTY Chart in the tool, you will understand the OTP Trade for 01-Aug-2012


After 14 days, today NIFTY Spot closed Green above the Buy level of 5201.
So if the market opens above 5201, OTP will trade will be triggered.

For MTP you can follw the levels in the tool. /QUOTE]
If the market opens above 5201 whether buy imiediately or
to buy at any price @9.30 even if it is below 5201?
Buy only above the "Buy Above" price...
 

prabhsingh

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

Raj,

I am not able to locate any option sheet in the excel sheet.Which sheet should be used for specifying the Nifty/Stock details.In Get_Stock_Data_From_Web() method ,"Stock Data" sheet is being used whereas such sheet does not exist in Beta 2 version.Kindly assist for same.
 

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