Hey Karthik, I'm in the middle of this thread, guess the first two pages only. I'm going through other threads also, pivots and Saint's fishing. I don't want to fast jump any thread but the fishing is 180 pages as of today. here when you describe your first initial trading system setup of moving averages, It sounds a lot like what's happening with me too. I'm a relatively new trader as were you when you developed your first system. I too have made a very similar trading system wherein I have set my software to show 5, 7, 14 and 21 day SMA's whenever I open historical charts. In a short while I'm also going to add the RSI indiactor. All this before I reached this thread. I chanced upon this while looking for strong indicators. They are with the intention of catching trend revarsal early.
I just felt like jotting all this here generally. There's a lot I have learnt in this short time of 3 months. I've done quite a bit of R&D with different software. I use two to three different softwares in conjunction with oneanother. I have developed my own system of notation for the stock market as I'm a full time trader, - I've yet to view this full time trader thread.
I do have a sureshot system in mind which if applied can give fabulous results but it would need a systematic order of number chrunching for TA and sound FA along with a few more inputs too. Though I'm still in the conceptualisation phase, I have one more person , a friend of mine in the same line of trade, whome I work with who I call my team mate as the whole setup requires simultanious manhours of two peolpe minimum. It's not that one person can't do it alone as for that it needs a good 3 to 4 manhours everyday. Best part is "I'm have fun while I'm at it."
Somewhere in one of the posts, I think it was you who mentioned "Timing the Markets". How can I get a copy of one. I live in Lucknow though. And yes, your email please. I'm sure we can exchange mail Id's here for private conversations. Let know. Will wait for your response. Manish.