daily back tested figures on 2652 theory of day trading

[Pralhad]

@ramendra.singh

I have downloaded Excel Sheet from Dhiraj Thread which calculate the Trigger, Target and SL Price. My Excel Calculation showing different Trigger and Target

Prev. Day High - Low = 4889 - 4830 = Range 59 Point
Today High - Low (at 9.20am) = 4873.9 - 4842.3 = 31.6 Point

Applicable Factor is 0.7666 which is 45.23

So, Buy = Today Low+Applicable Factor=4842.3+45.23=4887.6
Sell = Today High - Applicalbe Factor = 4873.9-45.23=4828.6

Am I somthing Missing?

 

[sens_c]

Dhiraj 2652 Levels for 24 Feb, 2010. High beta and more volatile stocks from NSE50 plus NIFTY and Renuka Feb Futures.
LEt us check which ones worked in the evening.



Symbol Long Short
______________________________
ABB 807.63 808.87
BHARTIARTL 280.23 276.07
DLF 289.75 284.35
HCLTECH 363.36 365.64
HDIL 294.75 293.00
HINDALCO 155.39 151.21
ICICIBANK 844.43 834.47
IDEA 57.38 56.82
IDFC 155.82 153.28
JPASSOCIAT 133.40 130.10
LT 1510.70 1472.00
M&M 973.60 969.35
RCOM 160.69 157.16
RELCAPITAL 735.03 732.07
RELIANCE 976.62 974.98
RELINFRA 983.90 968.60
SBIN 1922.28 1907.42
SIEMENS 679.63 666.17
STER 767.78 730.52
SUZLON 69.71 68.99
TATAMOTORS 697.72 691.03
TATASTEEL 571.62 566.58
UNITECH 69.83 68.02
WIPRO 682.03 672.02
NIFTY FEB 4867.85 4852.45
RENUKA FEB 179.27 177.28

 

[munnabhai208]

Dhiraj 2652 Levels for 24 Feb, 2010. High beta and more volatile stocks from NSE50 plus NIFTY and Renuka Feb Futures.
LEt us check which ones worked in the evening.



What are the levels for NF today?

 

[ramendra.singh]

no my dear you are not missing any thing and your calculations are correct.

in my calculations i make some changes to make it more effective.

9:02 am high 4860 low 4842.30

9:06 am high 4871.10 low 4842.30

9:20 am high 4873.90 low 4842.30

9:40 am high 4877 low 4842.30

now if u look at smaller picture before 9:20 am u just get the accurate range.

now just go with theory buy signal is 4868 put buy stop order there wait for target of 4893 and book profit.
in condition buy triggers but target not acheived book loss at sell stop order or sell price .

 

[Pralhad]

@ramendra.singh

Can you please elaborate your tweak little bit more? You taking High-Low at 9.02 am? Frankly I am confused now

 

[sens_c]

@ramendra.singh

I have downloaded Excel Sheet from Dhiraj Thread which calculate the Trigger, Target and SL Price. My Excel Calculation showing different Trigger and Target

Prev. Day High - Low = 4889 - 4830 = Range 59 Point
Today High - Low (at 9.20am) = 4873.9 - 4842.3 = 31.6 Point

Applicable Factor is 0.7666 which is 45.23

So, Buy = Today Low+Applicable Factor=4842.3+45.23=4887.6
Sell = Today High - Applicalbe Factor = 4873.9-45.23=4828.6

Am I somthing Missing?

Dear Prahlad,
You have made a small mistake.

To decide factor - (Ref Bandlab's post)
http://www.traderji.com/day-trading/33259-amibroker-afl-dhiraj-2652-method.html#post363193

//NOW FILTER TO FIND THE APPLICABLE FACTOR
A=IIf((FC4<=FC1+PDH*0.005),FC1,0);
B=IIf((FC4<=FC2+PDH*0.005 AND FC4>FC1+PDH*0.005),FC2,0);
C=IIf((FC4<=FC3 AND FC4>FC2+PDH*0.005),FC3,0);
AF=(A+B+C);


that means -


Factor = C1,
If - Today range < C1 + 0.005 x Prev High


Factor = C2,
If - Today range < C2 + 0.005 x Prev High
AND
Today range > C1 + 0.005 x Prev High


Factor = C3,
If - Today range < C3
AND
Today range > C2 + 0.005 x Prev High




However, Buy/Short leves are based on original C1,C2... i.e. (Low + C1) and not (Low + C1 + 0.005*Prev High)


Use it and figures will come right.

Thanks..

 

[sens_c]

Dhiraj 2652 Levels for 24 Feb, 2010. High beta and more volatile stocks from NSE50 plus NIFTY and Renuka Feb Futures.
LEt us check which ones worked in the evening.



What are the levels for NF today?

NIFTY FEB 4867.85 4852.45

 

[munnabhai208]

Hi sense,
I'm not using AMI .I got some other values from weebly website..pls check this .Nifty future..

Order 1 Buy at 4887.5
Target 4911.94
Stop Loss 4838.62

--------------------------------------------------------------------------------

Order 2 Sell at 4828.71
Target 4804.57
Stop Loss 4877

 

[sens_c]

Hi sense,
I'm not using AMI .I got some other values from weebly website..pls check this .Nifty future..

Order 1 Buy at 4887.5
Target 4911.94
Stop Loss 4838.62

--------------------------------------------------------------------------------

Order 2 Sell at 4828.71
Target 4804.57
Stop Loss 4877

I think you too are facing the same probs as Prahlad.
Use this excel sheet... it'll work.
I'm fetching data from falcon. you can input value manually.
This file will work for today. You don;t need to edit anything as such. However buy/sell levels change with scrips making new day high/ day low. You can change that in the column N and O under the head real time.
The last rate column wouyldn't work without the DE link. But that's not of any use, so simply disregard the errors in that column.

 

[ramendra.singh]

@ramendra.singh

Can you please elaborate your tweak little bit more? You taking High-Low at 9.02 am? Frankly I am confused now

Dont be confused u just take high lows at 09:20 am and calculate.

fine.
Ramendra