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

[stock72]

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

would possible for you to send the file by mail. i cant able to download from www.shared for reason i not known fully.

Which file is deleted? Because we have posted many versions? Which version are you looking for? The BETA 2 is more stable. And the files are available

 

[Probability]

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

Raj,

Could you add one more sheet only for futures OTP.

 

[healthraj]

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

Raj,

Could you add one more sheet only for futures OTP.

I think it would complicate the tool. So I would rather make the OTP tool as Future data based rather than SPOT Data based.

What do you guys say?...

 

[Option.Trader]

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

I think it would complicate the tool. So I would rather make the OTP tool as Future data based rather than SPOT Data based.

What do you guys say?...

I agree. This would be tradeable

 

[healthraj]

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

HI,

Can u please be kind enough to upload the xcell file shows the items being deleted.

Regards......vidhya

Vidhya,

A lot of updates have happened after that. So I have deleted the first version. You can download the latest version

 

[run_run]

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

What better entry timing trade for OTP? (like market open 9.00am entry 9.30am.)

 

[Probability]

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

I agree. This would be tradeable

Yes, anyway we have current version with nifty spot which is working fine, the new version can have nifty futures

that way we can refer both.

 

[healthraj]

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

Dear All,

Before I upload thenew version, I need some honest feedback on the usage of the system so that either I can continue working to improve the system or throw the system in the bin...

Please remember there is no magic system, which will help you make money.

The system can only provide realtime information so that you can take decision and do the trade...

Coming to MTP, it is not easy to build a system simply because nobody can predict the outlook of the market as to whether it would be Trending, Volatile or Rangebound.... As I have highlighted multiple times earlier all the systems work best in the Trending market... When it comes to Volatile / Rangebound markets no tool is best....

So my idea of the tool
- OTP. Hope no issues here because it is a straightforward strategy
- MTP - Provide charts
- Provide Signals to Sell/ Buy which are generated using the data. The decision is user based because the tool is not intelligent enough to decide whether the market is Rangebound etc...

I am also not an expert in market and I am also learning every day...
So the OTP is something I think will work...

Coming to MTP, I have been using the ADX and CCI indicators to trade for some time and it has given profit in the Trending market... So in the next version I am basically working to implement the ADX and CCI signals...

 

[healthraj]

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

What better entry timing trade for OTP? (like market open 9.00am entry 9.30am.)

As per the experts opinion avoid trading in the first 15-20 minutes. So 9:30 AM should be fine

 

[Probability]

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

Dear All,

Before I upload thenew version, I need some honest feedback on the usage of the system so that either I can continue working to improve the system or throw the system in the bin...

Please remember there is no magic system, which will help you make money.

The system can only provide realtime information so that you can take decision and do the trade...

Coming to MTP, it is not easy to build a system simply because nobody can predict the outlook of the market as to whether it would be Trending, Volatile or Rangebound.... As I have highlighted multiple times earlier all the systems work best in the Trending market... When it comes to Volatile / Rangebound markets no tool is best....

So my idea of the tool
- OTP. Hope no issues here because it is a straightforward strategy
- MTP - Provide charts
- Provide Signals to Sell/ Buy which are generated using the data. The decision is user based because the tool is not intelligent enough to decide whether the market is Rangebound etc...

Raj,

your effort is appreciated and we hope that returns from your system(OTP) in the future would be same as shown in backtested data,
i have given you few suggestions for improvement in earlier posts

note : Returns from backtested data for both nifty spot & future varies a lot based on kind of stoploss we input. that shows it would be very difficult to predict the returns in the future