Best way of day trading - 2652 theory of trading

[VJAY]

Dear Jhaveri,
Many thanks to your hardwork for providing the most important file for this method.its keep our mind to stable when enter an order.

Regards
VJAY

 

[jatayoo]

1. Before 9:55, I enter y'day's HIGH & LOW values in the excel file.

2. At 10:15:01, I note down current day's High & Low as shown (appearing visibly) in my intraday charts, in the excel file. We will call this H:15 & L:15
From this, I get the INITIAL Buy & Sell Orders.

3. Two things possible between 10:15 & 10:35
a) H:15 & L:15 remains the same till 10:35
b) Anyone of them or both change by 10:35.
We'll refer to them as H:35 & L:35
Thus, it is possible that
either
H:15 = H:35, while L:15 <> L:35
or
L:15 = L:35 while H:15 <> H:35
or
both are equal

Note: <> symbolically means "not equal to"

So, if any one trade gets triggered as per 10:15 values, we take that trade.
After 10:35, we take note of fresh High & Low, and have modified orders ready to be triggered after 10:35.



In my earlier excel file, I had not made a provision for 10:35 auto-calculation.
I am attaching a new, modified excel file, which has this 10:35 feature

Please note that in this excel file, Factor value calculation columns are hidden, to save screen space. These are columns E, F, G & K.
If someone wants to view these columns (not needed actually), then simply "unhide" them.

If someone follows this excel worksheet from left to right (column headings), then one will easily understand the actual working procedure of Dhiraj's system.

HI Sunil4u
I have seen your excell sheet attatched with the post.Somehow I could not find the coloumn 'K' that appears to be vital for all calculations instantaneously..... this saves much time than using a calculator .
.........Could you pl explain this missing thing to me and how to find it.
I am recording the data for 5 stocks and the NIFTY for the past week ..... just to backtest the trading system.I hope to post the results this weekend.

 

[santhosh44]

Like i promised, on the 31st of Jan, here i am with the a spread sheet that will capture data from the nse-india.com for prev day as well as current day

Thanks a lot jhaveri.. Can this be used to download NSE futures data also?

 

[Sunil]

HI Sunil4u
I have seen your excell sheet attatched with the post.Somehow I could not find the coloumn 'K' that appears to be vital for all calculations instantaneously..... this saves much time than using a calculator .
.........Could you pl explain this missing thing to me and how to find it.

press F1 after opening excel file, and type "unhide columns"...
it will show & guide u how to unhide columns

 

[amar_gr]

My dear, You have to complete 50 post on the Trader Ji forum to get the privilege of thanks button. You have posted 29 posts so 20 more post are required.

Thanks for pointing this out, I fail to understand the logic behind this, but I guess the admins,mods know better.

Cheers

 

[rahul1983]

Nifty Fut Buy @ 2823

Sell @ 2772 ???

 

[jhaveri_n]

Thanks a lot jhaveri.. Can this be used to download NSE futures data also?

I am working on that, i want to get data for nifty and minifty first, once that is done, i will set sight on future as well, i guess this should not take more then a week.

 

[sasi0263]

Nifty Buy @ 2822.85

Sell @ 2772.45

 

[pleaseharsh]

Thanks for pointing this out, I fail to understand the logic behind this, but I guess the admins,mods know better.

Cheers

the logic behind is that if any new member is allowed to press thanks without 50 posts....then he/she will come with fake id's and start pressing thanks button again and again in favour of the existing member to increase the opposite person reputation...so to avoid this to an extent ..50 posts r necessary to acklowdege the other members....by this way from the 50 posts the credibility of the writer of the post could be found out...if 50 posts r just vague or malicious it could be found out..newys still all this dosent matter....
wt matters is yr genuine intentions to learn & pass on yr knowledge vertically..
regards
harsh

 

[rahul1983]

Nifty Buy @ 2822.85

Sell @ 2772.45

Nifty Mod @ 10.35

buy @ 2823

sell @ 2788 ???