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

[healthraj]

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

RAJ MTP FOR NSE NIFTY BANKNIFTY STOCK Futures v3.0 BETA 2

Please find below the link for the version 3.0 BETA 2. The performance of the tool has been improved to a greater extent. Please let me know if you guys all feel the same...

Please go through the ReadMe sheet before using this tool.

http://www.4shared.com/zip/a6oH94ZY/RAJ_MTP_FOR_NSE_NIFTY_BANKNIFT.html

In summary How to Use this tool on a Daily basis?
"1. In the folder where you installed this tool, Delete all the *.csv files generated by this tool. (This is not needed if you are using this tool on a continuous basis)
2. In the morning Open this tool around say 8:45 AM before market opening.
3. Fill in the NSE Stocks that you want to Trade during the day in the StockTracker in the cells C9 to C16. Please do not edit the Cells with ""NIFTY"" and ""BANKNIFTY"" .
4. Click on the ""Backfill All"" button so that the tool will download the 5min data for the past 20-30 days and build your tool with data.
5. You can click on the ""Update All"" button to see the levels before the opening of the market.
6. After 9:20 AM, Click on the ""Start/Stop Auto Refresh"" button and the tool will start updating the levels every 5 minutes.

If you are adding a new stock during the day, then do a Backfill for the stock by Selecting the row which contains the new stock and clicking on the button ""Backfill Selected""

Note: If you are trading the stocks from the ""Top20Futures"" list, the Refresh will be faster because the Futures data is available already and need not download again. Please note that only 5min Data is download and all the other timeframes are converted using the 5min data
"

Happy Trading...

 

[prabhsingh]

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

Raj,

Without studying much about the system just a plain basic question.Why are you backfilling the data with 5 min time period.Earlier we use to fetch the data from google with minimum 10 min timeframe.Was there any issues with that approach.

 

[healthraj]

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

Raj,

Without studying much about the system just a plain basic question.Why are you backfilling the data with 5 min time period.Earlier we use to fetch the data from google with minimum 10 min timeframe.Was there any issues with that approach.

To improve performance. With Just NIFTY and BANKNIFTY there is no performance problem. But when you have 10 stocks to download with different timeframes like 5min, 10 min and 30 minute for example it is like downloading 30 times...

Now we do 10 major backfill downloads and build the base data for the day. Then you just need to download say the data for the past one hour only and update you data every 5 minutes. We only download the 5 min data and then we can convert the 5min data to 10min, 15min, 30min, 45min and 60 min etc...

Plus to add to that, Yes you are right we used to get the BUY and SELL Levels from the 10min timeframe. As I have been telling it is not enough to take the signals from 10min TF. We need to confirm the call with a Higher timeframe, which we used to do manually. Now to generate AUTOMATIC Calls, we anyway need the data for those two timeframes. Plus I use the 5min TF to get the Support and Resistance for the DAY. So for a single stock now we use three time frames
- 5min TF - Get the Resistance and Support levels
- 10 min TF to get the BUY / SELL Pivots (Will be used in the ADD MORE @)
- 30 min TF to confirm the Trend

 

[letsgrownow]

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

I checked the the Buy above and SEll below levels are correct. The unfortunate thing with the Moving averages is that it is lagging. So you might be right that 5364 is far from 5600.... That is because market moved fast to 5600 but the moving averages are not catching up.... But 5364 is still correct

Dear Sir,
It means the calculation and the levels suggested in your Excel Sheet will be of no use in case of HIGH GAP UP or GAP DOWN conditions ???

I mean with these value how we can arrived at proper Profit / Loss at the end of the day in our Excel Sheet Profit / Loss / Stop loss column???

 

[Option.Trader]

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

RAJ MTP FOR NSE NIFTY BANKNIFTY STOCK Futures v3.0 BETA 2

Please find below the link for the version 3.0 BETA 2. The performance of the tool has been improved to a greater extent. Please let me know if you guys all feel the same...

Please go through the ReadMe sheet before using this tool.

http://www.4shared.com/zip/a6oH94ZY/RAJ_MTP_FOR_NSE_NIFTY_BANKNIFT.html

In summary How to Use this tool on a Daily basis?
"1. In the folder where you installed this tool, Delete all the *.csv files generated by this tool. (This is not needed if you are using this tool on a continuous basis)
2. In the morning Open this tool around say 8:45 AM before market opening.
3. Fill in the NSE Stocks that you want to Trade during the day in the StockTracker in the cells C9 to C16. Please do not edit the Cells with ""NIFTY"" and ""BANKNIFTY"" .
4. Click on the ""Backfill All"" button so that the tool will download the 5min data for the past 20-30 days and build your tool with data.
5. You can click on the ""Update All"" button to see the levels before the opening of the market.
6. After 9:20 AM, Click on the ""Start/Stop Auto Refresh"" button and the tool will start updating the levels every 5 minutes.

If you are adding a new stock during the day, then do a Backfill for the stock by Selecting the row which contains the new stock and clicking on the button ""Backfill Selected""

Note: If you are trading the stocks from the ""Top20Futures"" list, the Refresh will be faster because the Futures data is available already and need not download again. Please note that only 5min Data is download and all the other timeframes are converted using the 5min data
"

Happy Trading...

I'm getting an error "Compile error in Hidden module:modStock" Any solutions?
Thanks for attempt to improve the performance
View attachment 18239

 

[healthraj]

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

Dear Sir,
It means the calculation and the levels suggested in your Excel Sheet will be of no use in case of HIGH GAP UP or GAP DOWN conditions ???

I mean with these value how we can arrived at proper Profit / Loss at the end of the day in our Excel Sheet Profit / Loss / Stop loss column???

NO system built with Moving averages will work in GAP UP or GAP DOWN days because the law of averages do not work during the days when there is BIG move. But you don't have to worry about the GAP UP or GAP DOWN days because you don't carry any overnight positions using OTP. All you have to do is based on the levels provide in OTP, in the morning take position, put a stoploss order and close the positions when the stoploss is not hit in the evening. It is a mechanical trading system. The most important thing in this system is that you must be ready to loose 80% of your trades.

 

[healthraj]

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

I'm getting an error "Compile error in Hidden module:modStock" Any solutions?
Thanks for attempt to improve the performance
View attachment 18239

I have basically used two more references in the project.

One is the "Microsoft ActiveX Data Objects 6.0 Library" present in c:\program files\common files\system\ado\msado15.dll

The other is the "Microsoft Scripting Runtime" present in the
C:\Windows\SysWOW64\scrrun.dll

I have Windows 7 64 bit OS

 

[Option.Trader]

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

I have basically used two more references in the project.

One is the "Microsoft ActiveX Data Objects 6.0 Library" present in c:\program files\common files\system\ado\msado15.dll

The other is the "Microsoft Scripting Runtime" present in the
C:\Windows\SysWOW64\scrrun.dll

I have Windows 7 64 bit OS

The activex file is there...but my windows is Windows xp Sp2... so i dont think this will work.. anyway let this benefit everyone else :thumb:

 

[guptak03]

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

I'm getting an error "Compile error in Hidden module:modStock" Any solutions?
Thanks for attempt to improve the performance
View attachment 18239

same problem m also getting ...as m having win xp pro ??does ill get any medicine for dis??

 

[novicetraders]

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

Using Win xp sp 3 ..Office 2007.... Getting same compliation module error....

Please help for a solution...