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 -

In the last couple of days the Rating of the thread has come down from 5 star to 3 star due to recent posts... So if you like this thread and the tools, please rate this thread. Some people would like to view threads based on the rating only... Let everybody enjoy the same benefit like you. So share the ideas and the tools freely...
 

healthraj

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

Hi Raj

Request !

Any work around to change the 10min flow method to 15 or 30 mins ?
If so please guide us how can we change ...
Actually the change is not much but we have to test it properly... If you change one parameter you will have to change other parameters like the Moving Average period etc... Let me anyway check and get back to you or I will see if we can customize and make it changeable (Which would take some)...

The reason for using 10 minutes is that normally people would trade using 5 minutes Time frame (since it is fast ) plus they would also take the trend confirmation from 15 minute charts... So I though instead of using two charts why not use 10 minute time frame which is in between 5 and 15.

Anyway It all depends on the user on what timeframe he wants to trade....

If you know little bit of Excel, You can look out for the Function GetXXminDataFromGoogle in the code...
This function has four parameters
- Stock Code NIFTY or BANKNIFTY
- output sheet - where the results need to be output
- minutes - The timeframe,,, so her you can pass 15 or 30
- days - number of days of data to be got... I have used 4. If you are using a higher timeframe, use more days

See where those code is called and try make the changes... Let me know if it works with the change....
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Thanks a lot for your effort...Will try to check from my end also...

You have been very kind in replying almost all the queries .....thanks again
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Dear Raj,

Can you please give timings on X-axis in RENKO charts?

Thanks & Regards.
 

healthraj

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

16-Aug-2012 Morning Recommendations.

So as per the FLOW/RENKO Charts, the recommendation for the morning is as below. All Prices in SPOT

NIFTY :
Buy Above : 5387.
Sell Below : 5374

BANKNIFTY :
Buy Above : 10530
Sell Below : 10514

Note: Use some Filter based on your Risk model
Thos of you who used this level might have noticed that the levels have

shifted

NIFTY :
Buy Above : 5388.
Sell Below : 5373

BANKNIFTY :
Buy Above : 10521
Sell Below : 10485

So in BANKNIFTY the short call worked from 10514 and the pivot has shifted to 10485
 

pakatil

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

Using 2003 version in real time. Appears resource intensive. Screen refresh for other applcns taking a beating.

BTW....i hv i3 with 8 GB RAM. :D
 

healthraj

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

Using 2003 version in real time. Appears resource intensive. Screen refresh for other applcns taking a beating.

BTW....i hv i3 with 8 GB RAM. :D
Not facing such issues... EXcel to me is consuming only 35 MB... And I have opened other applications like Outlook, Browser, ... When you are an Intraday trader, The Refresh also happens only once in 4 or 6 minutes for NIFTY and BANKNIFTY... So should not be a problem...
 

sholay

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

1)Chart is showing up to 24 Jul
2)whether call will be available in MTP as in earlier version. Mine is showing flat with no values.
 

healthraj

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

1)Chart is showing up to 24 Jul
2)whether call will be available in MTP as in earlier version. Mine is showing flat with no values.
There is no automatic call. Based on the charts and indicators... You have to take a decision to Go Long or Short...

May be I can include some functionality to reccommed some Buy and Sell levels
 

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