Best Nifty Strategy-Must Read

rammmeo

Active Member
i hv back testing from around 15 days and found tht if VAMP and LTP at 9.30 are almost or near by same like today than the this strategy works wonders .today after the levels i shorted 3 lots and tgt 1 hit but than it went to Sl tht is CMP
and tha n again i got the new levels through 5 min closing candles that r

next 5 min closing candle 4856.57

buy at / above: 4865.06 Targets: 4880.07 - 4897.55 - 4915.05 - 4932.59
Stoploss : 4847.64
Sell at / below: 4847.64 Targets: 4832.66 - 4815.29 - 4797.96 - 4780.65
Stoploss : 4865.06

again it hit tgt 1 and now 2 lots in play
plz tell me am i doing the right thing over here on hittting the stoploss
and VIX index be used in any way to improve the performance of this @ msa...
 
Last edited:

msa5678

Well-Known Member
i hv back testing from around 15 days and found tht if VAMP and LTP at 9.30 are almost or near by same like today than the this strategy works wonders .today after the levels i shorted 3 lots and tgt 1 hit but than it went to Sl tht is CMP
and tha n again i got the new levels through 5 min closing candles that r

next 5 min closing candle 4856.57

buy at / above: 4865.06 Targets: 4880.07 - 4897.55 - 4915.05 - 4932.59
Stoploss : 4847.64
Sell at / below: 4847.64 Targets: 4832.66 - 4815.29 - 4797.96 - 4780.65
Stoploss : 4865.06

again it hit tgt 1 and now 2 lots in play
plz tell me am i doing the right thing over here on hittting the stoploss
and VIX index be used in any way to improve the performance of this @ msa...
Hi Rammmeo,

I have backtested using the following criteria.
1. Take the VWAP from NSE site around 9:29.
2. Feed in the Gann Calculator, Get the Buy Above and Sell Below and the four targets on both sides.
3. Now wait for the NF to cross either the Buy above and Sell Below Values.
4. Once the BA or SB is crossed and the First TGT is reached revise the SL to the BA or SB .
5. Once the 2nd TGT is crossed revise the SL to 1st TGT.
6. Similarily till all the TGTS are reached.

Your strategy is no doubt good. But it is risky. After taking some positions you might loose confidence in it. :)
 

msa5678

Well-Known Member
Dear Ankit

Enclosing an afl on VWAP. This also shows standard deviation lines plotted.
To see VWAP of any bar just hold the curser on the bar.Hope this will be useful.
Please post more working experiences on Gann Sq as this seems interesting.
Regards
Sunando
Hi Sunbim31,
I am not able to see the VWAP values using the AFL posted by you . Please clarify.:)
 

jallanankit

Well-Known Member
thnks a lot for the afl..

But with my data there;s some prob i believe.. Because i m not getting any values in the afl other than price for days other than today.. for today all the values r theree but not for other days.. Even then i will try more..

:) thnx.>!!
 

jallanankit

Well-Known Member
msa5678..

just move ur mouse to the candle, it will show.. if u dont move ur cursor to the canle then there is vWAP value in the yellow colour(but thts for the current candle)..
Hope this helps..!!
 

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