daily back tested figures on 2652 theory of day trading

[ramendra.singh]

hi prahlad .

never carry your position .
this theory applicable only on intraday trading.

i give detailed study in next post tomorrow.

Regards
Ramendra Singh

 

[bandlab2]

today long triggered, ended at BE

overall the range is very tight today.

tomorrow also be watchful. due to expiry and eve of budget.

on budget day, avoid trading. any trading

 

[now]

today long triggered, ended at BE

overall the range is very tight today.

tomorrow also be watchful. due to expiry and eve of budget.

on budget day, avoid trading. any trading

sir , if we are folowing a system , shouldn't we follow it blindly ,
if we are using some days and not following other days , then overall system wouldn't be profitable.

also sir as you have been following this system since its introduction on traderji , could you share its success rate for nifty. also do you double the lot for extended profits, if hit the stop loss.

thaanks in advance.

 

[ramendra.singh]

hi to all,
based on opening range 9:20am

4875.25 - 4857.80 nifty futures

nifty strong above 4876 tgt. 4900

nifty weak below 4857 tgt. 4832

Regards
Ramendra Singh

 

[munnabhai208]

is it the figures for NFmarch ?

 

[ramendra.singh]

is it the figures for NFmarch ?

previous figures for February Contract

Regards
Ramendra

 

[ramendra.singh]

hi to all,

present day

sell triggers at 4857.10 tgt achieved 4832.80 :clap::thumb:

profit.

Regards,

Ramendra Singh :clapping:

 

[ramendra.singh]

hi prahlad .

never carry your position .
this theory applicable only on intraday trading.

i give detailed study in next post tomorrow.

Regards
Ramendra Singh

hi,
detailed study of yesterday,

opening range 4860-4842.30 (9:02 am) 24 feb

excel generates buy @ 4867.90 tgt 4892.30

buy triggers @ same as above but not achieved target.

but it makes a high of 4884 in intraday.

using modified values high 4884 - low 4842.30 i grt

values sell @ 4858.40

which i used as an exit point so my loss is buy value - sell value + brokerage+taxes

loss = 4867.90 -4858.40 = 9.5 + 7.2 = 16.7 == 17*50 = 850.00

which i covered present day.


back tests reveal that in 20 trading days 08 days single order profit
04 days double profit(both orders triggers and ach. tgt.)
04 days no trade(no order triggers)
04 days loss
this results are in market of very tight range similar to present market

just observe this theory back test it for one expiry month and then

it itself reveals ........what it is.

Regards

Ramendra Singh:thumb:

 

[Pralhad]

hi,
detailed study of yesterday,

opening range 4860-4842.30 (9:02 am) 24 feb

excel generates buy @ 4867.90 tgt 4892.30

buy triggers @ same as above but not achieved target.

but it makes a high of 4884 in intraday.

using modified values high 4884 - low 4842.30 i grt

values sell @ 4858.40

which i used as an exit point so my loss is buy value - sell value + brokerage+taxes

loss = 4867.90 -4858.40 = 9.5 + 7.2 = 16.7 == 17*50 = 850.00

which i covered present day.


back tests reveal that in 20 trading days 08 days single order profit
04 days double profit(both orders triggers and ach. tgt.)
04 days no trade(no order triggers)
04 days loss
this results are in market of very tight range similar to present market

just observe this theory back test it for one expiry month and then

it itself reveals ........what it is.

Regards

Ramendra Singh:thumb:

Thank you very much sir for your backtesting and explaining the previous days trade.

I think I am missing the tweak you guys have taking into consideration. Cause I take no action till 9.20 am. I take PD High and low and Opening Rage till 9.20 am for my calculation. Can you please give me the link for post in which tweak have explained in detail.

Regards,

-Pralhad

 

[ramendra.singh]

hello prahlad

actually how i starts , i just visit intraday.weebly.com
there i read " about 2652" observe the market according to theory for min. one month ,back test it

then make my own rules and then i trade.

Regards

Ramendra Singh