Amibroker afl for dhiraj 2652 method

[Mangafreakz]

Whats your data source , sumitro?

 

[sumitro]

Whats your data source , sumitro?

Yahoo finance.Dont look at the time its some setting mistake.

 

[Mangafreakz]

You using Myquotes app from volumedigger for recieving the data from Yahoo?
Btw am from Kolkata too , I can post my mail if you interested in chatting.

 

[kkr555]

Today, 04/11

Maruti had a losing trade on 03/11. Therefore, I chose to trade only that.

04/11/2009 11:01:18 MARGIN B MARUTI~F:26-NOV-09 200 1,449.40 289,880.00
04/11/2009 11:01:21 MARGIN B MARUTI~F:26-NOV-09 200 1,449.40 289,880.00
04/11/2009 11:41:49 MARGIN S MARUTI~F:26-NOV-09 200 1,431.95 286,390.00
04/11/2009 12:48:43 MARGIN S MARUTI~F:26-NOV-09 200 1,436.05 287,210.00

Stop Loss Hit ; Loss = -6160.00


Maruti came up for trade yet again later in the day. Therefore, I chose to trade with 1 extra lot to recoup my earlier loss.

04/11/2009 14:15:41 MARGIN B MARUTI~F:26-NOV-09 200 1,464.65 292,930.00
04/11/2009 14:15:42 MARGIN B MARUTI~F:26-NOV-09 200 1,464.65 292,930.00
04/11/2009 14:13:52 MARGIN B MARUTI~F:26-NOV-09 200 1,464.25 292,850.00
04/11/2009 14:41:01 MARGIN S MARUTI~F:26-NOV-09 200 1,452.10 290,420.00
04/11/2009 14:41:01 MARGIN S MARUTI~F:26-NOV-09 200 1,452.00 290,400.00
04/11/2009 14:41:01 MARGIN S MARUTI~F:26-NOV-09 200 1,452.00 290,400.00

Stop Loss Hit ; Loss = -7490.00

Total Loss from Maruti due to 3 consecutive SL = 0 -6160 -7490 = Rs 13650.00

FONSE MARGIN MARUTI~F:26-NOV-09 1000 1,458.47 1,458,470.00 1000 1,444.82 1,444,820.00 0 0.00 0.00 -13,650.00

I feel I am jinxed.... I was told that it is safe to trade stocks that had a loss the previous day. It doesn't seem to work that way - atleast for me. I have had 3 straight stop loss now.

I am now a bit disgusted. Can somebody please confirm if I made any error in my trade. Thanks for your help.

Strangely, even during the 2nd attempt, Reliance Capital trade hit stop loss for the day.

I know I could have traded later in the day to recover my losses in Nifty, Bank Nifty and Reliance Capital. But that's the point. When I don't trade, it becomes a winner. When I do trade, I end up in losses.

Net Loss for 03/11 = Rs 12,155.50

TOTAL LOSS IN 3 DAYS = Rs 30,387.10

It's seems like this system wants to cause me great losses (Rs 30,000+ in just 3 days) every time I place a REAL Trade. On paper, it worked so great. Is it just me or what ???!

 

[vinodkiyer]

kkr555,

feeling sorry to hear about ur losing streak. i dont trade futures so I cannot comment on it and I also dont have futures feed to amibroker. But maruti in spot triggered a buy at 1050
and hit profit at 1055.

for the last 3 months since i am using this afl, Today out 0f about 21 trades (including second trades many hit stoploss resulting in about 1.5% loss to me. Again last week one day hit 8 stoplosses out of 18, so mild lose. other than that for the last 3 months I have been using the afl with quite good success rate. From the time the result season started and the resulting volatality, I found the afl to be hitting more stops than usual. but used to end the day in profit other than these two days.

u must have a basket of selected stocks which are liquid (I have 30), and not the ones like relcap and educomp which are very tricky and trade all the calls which the anlyser generates. (but it is unavoidable that u may miss a couple of them due to fast movement). and invest equal capital in each of the trades. That is how I trade this system.

regards
vinod

 

[rmpbala]

Dears i have found the code thankx for your hardwork. I am learner so. Let me put on my sistem then i will come back. Thanks vinod and others for their great support

 

[java.sunny.kumar]

kkr555,

feeling sorry to hear about ur losing streak. i dont trade futures so I cannot comment on it and I also dont have futures feed to amibroker. But maruti in spot triggered a buy at 1050
and hit profit at 1055.

for the last 3 months since i am using this afl, Today out 0f about 21 trades (including second trades many hit stoploss resulting in about 1.5% loss to me. Again last week one day hit 8 stoplosses out of 18, so mild lose. other than that for the last 3 months I have been using the afl with quite good success rate. From the time the result season started and the resulting volatality, I found the afl to be hitting more stops than usual. but used to end the day in profit other than these two days.

u must have a basket of selected stocks which are liquid (I have 30), and not the ones like relcap and educomp which are very tricky and trade all the calls which the anlyser generates. (but it is unavoidable that u may miss a couple of them due to fast movement). and invest equal capital in each of the trades. That is how I trade this system.

regards
vinod

Hi Vinod,

Even I am ended up in some loss today (I am following Dhiraj and Radha's Pivot strategies since both are very much similar).

The stocks which I had selected UTIBANK, WIPRO to trade hitted SL.

Can you please share the list of stocks you are trading with so that it will be helpful to us.


Thanks in advance
Sunny

 

[java.sunny.kumar]

Hi Vinod,

Even I am ended up in some loss today (I am following Dhiraj and Radha's Pivot strategies since both are very much similar).

The stocks which I had selected UTIBANK, WIPRO to trade hitted SL.

Can you please share the list of stocks you are trading with so that it will be helpful to us.


Thanks in advance
Sunny

Hi Vinod,

What is analyzer ? Is it available with Amibroker ? Please let me know.

Thanks
Sunny

 

[vinodkiyer]

Hi all,

Analyser is automatic analysis window in amibroker.

i use the following stocks from which at times I remove and add some.
aban,axis,bankindia,bhel,dlf drreddy,hcltech,hdfc hdfcbank hdil hindalco,icici,itc,jswsteel,kotakbank,lichsgfin litl lt maruti punjlloyd reliance sail sbin sesagoa ster tatapower tatasteel.

I take all the calls generated by the system and i will trade all the trades in the same scrip whether it has hit profit earlier or no. (as i said 1 or 2 trades cannot take most of the days due to fast action.), i take profit or make stop exactly at the levels given by the afl.

regards
vinod

 

[kkr555]

Either I must be doing something wrong or the system is not very dependable.
Every trade (barring a scattered few) that I have placed in the last 4 days has resulted in (huge) losses. The trades that I did NOT place ended up with 100% success except Maruti on 3/11.

Yesterday's Maruti Nov futures data (Using quote and not charts):

High = 1468
Low = 1415.30

At 10:15, Maruti's High and low
High = 1460.00
Low = 1425.10

=> Buy = 1465.50, SL = 1450.80, Target = 1472.80, Enhanced = 1477.20
=> Sell = 1419.60, SL = 1433.80, Target = 1412.50, Enhanced = 1408.25

Since the high of 1460 was not reached, the SELL price does not get modified. The BUY price was modified appropriate to new day's low price.

The trades were executed as follows:

05/11/09 11:45:16 FONSE MARUTI~F:26-NOV-09 SELL 400 1419.95 TRADED
05/11/09 13:12:53 FONSE MARUTI~F:26-NOV-09 BUY 400 1434.00 TRADED

MARUTI~F:26-NOV-09 traded at a day's LOW of 1413 - tantalisingly close to Initial Profit target of 1412.50.

Fourth consecutive STOP LOSS with Maruti. When will this nightmare end ?

At 2:45 PM, Maruti is now trading at 1472.

Maruti's High and low thus far
High = 1473.00
Low = 1413.00

=> Buy = 1484.50, SL = 1469.70, Target = 1491.90, Enhanced = 1496.40
=> Sell = 1401.50, SL = 1415.50, Target = 1394.50, Enhanced = 1390.30

I am sure if I buy again at 1484.50, then Maruti will hit a SL once again and extend to day's low for yet another trading opportunity. Good Luck to those who do take this trade. I am finished with this system for now. But, hey, the system is faultless when I dont place a trade - what can I do ? Just play Nifty I guess.

It is now 3:20 PM. I did NOT take the trade as discussed earlier. Sure enough, the stock reaches a high of 1496. As I said before, each time I take a trade, it hits SL. If I don't take the trade, it gives profit.

I also missed out on Nifty and Bank Nifty today because of consecutive losses in Maruti. I could have made up had I traded these two.

Today, 04/11

Maruti had a losing trade on 03/11. Therefore, I chose to trade only that.

04/11/2009 11:01:18 MARGIN B MARUTI~F:26-NOV-09 200 1,449.40 289,880.00
04/11/2009 11:01:21 MARGIN B MARUTI~F:26-NOV-09 200 1,449.40 289,880.00
04/11/2009 11:41:49 MARGIN S MARUTI~F:26-NOV-09 200 1,431.95 286,390.00
04/11/2009 12:48:43 MARGIN S MARUTI~F:26-NOV-09 200 1,436.05 287,210.00

Stop Loss Hit ; Loss = -6160.00


Maruti came up for trade yet again later in the day. Therefore, I chose to trade with 1 extra lot to recoup my earlier loss.

04/11/2009 14:15:41 MARGIN B MARUTI~F:26-NOV-09 200 1,464.65 292,930.00
04/11/2009 14:15:42 MARGIN B MARUTI~F:26-NOV-09 200 1,464.65 292,930.00
04/11/2009 14:13:52 MARGIN B MARUTI~F:26-NOV-09 200 1,464.25 292,850.00
04/11/2009 14:41:01 MARGIN S MARUTI~F:26-NOV-09 200 1,452.10 290,420.00
04/11/2009 14:41:01 MARGIN S MARUTI~F:26-NOV-09 200 1,452.00 290,400.00
04/11/2009 14:41:01 MARGIN S MARUTI~F:26-NOV-09 200 1,452.00 290,400.00

Stop Loss Hit ; Loss = -7490.00

Total Loss from Maruti due to 3 consecutive SL = 0 -6160 -7490 = Rs 13650.00

FONSE MARGIN MARUTI~F:26-NOV-09 1000 1,458.47 1,458,470.00 1000 1,444.82 1,444,820.00 0 0.00 0.00 -13,650.00

I feel I am jinxed.... I was told that it is safe to trade stocks that had a loss the previous day. It doesn't seem to work that way - atleast for me. I have had 3 straight stop loss now.

I am now a bit disgusted. Can somebody please confirm if I made any error in my trade. Thanks for your help.