This is in continuation of my prev. thread: Trading nifty by Levels............. but now focus is only on Stocks................[whiz cyborg system]
(for ref. plz visit last posts of thread)
today i m running my system 4th time(3 times partial scan) n will post filtered stocks here as soon as they were generated
Mind it! that stocks r for BUY only
For trigger u can use following condition in ur afl
Buy=EMA(C,13)>EMA(EMA(C,13),9) AND Cross (C,Peak(C,2,1));
Graph is always of 3 min n be quick as soon as signal appears n SL in any case must not be greater than 1-2%
Sometimes we hold position even after 2% low that condition u will lean through experience only
Always keep booking profits at every rise of 0.5%
Dont buy untill this condition is met
No. of filtered stocks varry from 1 to 52 so better include
filter = buy ;
in ur afl n then explore
I repeat DONT buy otherwise
U will surely get atleast 2% as position can be carried forward to next day n in starting i too trading withh less amount as system is in development stage
Plz note that i have nothin to sell here....... everything is free here including system........ but i cant provide coding right now as its in testing stage
But this system needs dedicated server with atleast 1TB space n 8 GB RAM n 2Mbps internet speed n in last 1 sec data of all nse stocks for past 1 year
(Above requirements have to be met by u only, obviously)
For filtered stocks u need amibroker with simple price chart n it will send signals directly to chart after market closes
Principle is based on behavioral probability rather than any ema's dema's patterns or macd etc
first of all it collects 1sec data for 1 year for all nse scrips then draws around 113 different patterns & then behavior of stock after that particular pattern
plz note pattern is not based on technicals like we know till today
then calculates probability of repetition of such behavior after occurrence of a definite pattern then output is a stock who has maximum probability.
No. of stocks varries from 1 to 52 (Depends upon nature of market)
this is called filtering then next day we have to run a trigger which confirms buy
Signals given by this system is Buy only