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 -

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.

Which chart is showing 24-Jul?

 

[healthraj]

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

Today's peformance...


There is absolute silence in this thread... That means either there are no issues with the tool or not a goodday to trade...

Today's trading so far has been miserable... Bur even Under these circumstances if you have been observing the Renko chart you would get a clear picture on the Buy and Sell Levels... If not profit I am sure nobody made any loss...

Attaching the charts for NIFTY and BANKNIFTY below... I am also trying to implement the functionality where I will draw the Buy and Sell level lines using the most recent two pivots as shown in the charts below....

As I told, the beginners please use ONLY the Renko chart so that you will get a clear perspective... Let the experts use all those complex signals and take a complex decision

 

[healthraj]

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

Now compare the Renko chart with the normal 10 minute chart. I am not sure what a beginner will do with this naked chart... Hope you guys appreciate the imporatnce of the FLOW and the RENKO Charts... You will not find these pivot automation in any software... I am not boasting but I have not seen anywhere

In the chart you see those red, black and blue lines because that is the call I have taken today... So imagine the chart without those lines...

 

[healthraj]

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

Those who have taken the SHORT call with BANKNIFTY would have made 60 points by now... First Target met... NIFTY 16 points... movin towards first target...

Enjoy those who traded using the Renko charts...

 

[vinaypareek123]

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

Dear Raj,

please upload the latest version of the excel sheet.

 

[manu_nbd]

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

Raj,

In Renko Chart, there is always a blue dot alongwth red dot (last dot) and vice-versa....so we have to take a decision on the appearance of same color second dot, please clear...

regards

 

[novicetraders]

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

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

A small query from a novice...
Once we open the v2 final sheet....
In the MANY TRADES PER-DAY (MTP) section ... u have an option Enter MTP Trade and Open Price .....So we should select Stay Long option from the drop down menu and enter the opening price ?? Am i correct in using this ????

And we have to select Stay Short along with opening price ??? Is this the way ??? Please guide...

My doubt is ..once we open the file... The MTP will be showing FLAT...

Please help regarding this...

 

[healthraj]

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

Dear Raj,

please upload the latest version of the excel sheet.

Sure I will upload...

But First I want to hear from you guys on whether the tool is helping you trade safely. That is First it should help you to not to make any losses. Next it should help you to make profit... So after I hear the feedback from you folks, I will upload the next version....

 

[healthraj]

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

A small query from a novice...
Once we open the v2 final sheet....
In the MANY TRADES PER-DAY (MTP) section ... u have an option Enter MTP Trade and Open Price .....So we should select Stay Long option from the drop down menu and enter the opening price ?? Am i correct in using this ????

And we have to select Stay Short along with opening price ??? Is this the way ??? Please guide...

My doubt is ..once we open the file... The MTP will be showing FLAT...

Please help regarding this...

Yes you are right. You have to take a decision on what position you want to take based on the indicators and charts...

Once you decide to take a positions based on the TA indicators and charts, you can basically enter the position you have taken with the opening price so that you can track your position....

In the position, use the FUTURES Prices and not the SPOT prices because we are trading in Futures and NOT SPOT...

Attaching the sample that I am trading today... (This is 2.1 version... But see the relvant portions so that you can understand)

 

[healthraj]

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

Raj,

In Renko Chart, there is always a blue dot alongwth red dot (last dot) and vice-versa....so we have to take a decision on the appearance of same color second dot, please clear...

regards

Please post the chart if you are asking any queries on chart so that others will also understand your query?