Going With The 60min Flow!!!

[vinst]

Re: Live discussion Saint's - 60 minute flow

HDIL triggered long

vin

 

[ANBE SHIVAM]

Re: Live discussion Saint's - 60 minute flow

can someone put last 1 month nifty trades with Profit/loss for NIFTY

Note:
Filters not added or subtracted from above trades,these are SAR points .
Surely there may be some difference in entry & Exit.But this was the trade many would have done.

 

[Saint]

Re: Live discussion Saint's - 60 minute flow

Note:
Filters not added or subtracted from above trades,these are SAR points .
Surely there may be some difference in entry & Exit.But this was the trade many would have done.

Well done,Srini......only thing :that first trade,no short there,continuous long till sar at 3058

All the best!
Saint

 

[niftytrader2]

Re: Live discussion Saint's - 60 minute flow

thanks Srini, super effort. thanks again. If possible do post few other stock charts for the month too for more learning.

 

[niftytrader2]

Re: Live discussion Saint's - 60 minute flow

Well done,Srini......only thing :that first trade,no short there,continuous long till sar at 3058

All the best!
Saint

Thank you Saint sir. Could you/srini be kind to post the chart for either the most difficult month to trade or the most point loss making.... that you experienced in the last year...

 

[Lotus123]

Re: Live discussion Saint's - 60 minute flow

thank u srini for trades of month january.
I sometimes look 30 minutes chart,but from ur trades i hereafter go with only 60 min chart.i think 30 minutes help is only useful on wrb .

 

[niftyrider]

Re: Live discussion Saint's - 60 minute flow

Well done,Srini......only thing :that first trade,no short there,continuous long till sar at 3058

All the best!
Saint

Yes Saint Sir,
U r correct we all were wrong in the first trade (reasons after making 8 bars of almost same highs nifty didnt crossed the high of that consolidation zone).

Now we will trade accordingly(in consolidation zone nifty have to cross the high or low by atleast 10-15 points, for considering it as a Sar).

Happy to see u r correcting our mistakes.

 

[Smart_trade]

Re: 60min Flow Trades for the Week: Saint's Method

Smart trade i have a doubt..

We reversed to long above high of first 5 min bar + gap filter ie 2715 + 20 to 25 as per the gap filter each one follows. The SAR for this long position was LOD -gap filter which was low of first 5 min bar -gap filter.

Can i know why can't we have yesterday's low(23 low) for SAR. newbie help me i thought it was SAR.

Lotus 123,

You are absolutely right Lotus,I inadvertantly mentioned SAR as LOD -gap f. The SAR should be the immediate PL which in this case was low of 23rd. My mistake,sorry for confusion.


Best Wishes,

Smart_trade

 

[niftytrader2]

Re: 60min Flow Trades for the Week: Saint's Method

Question for seniors.....

1. In your back tests for this method for the dead mkt periods of 2002-03 ( in case anybody has done it), what was the outcome (relatively) ?

2. How does one change filters ( if any) as the market level changes ...was the filter of 14 -25 adequate when mkt was at 6000 for instance?

any replies would help. thanks.

 

[kapil123]

Re: 60min Flow Trades for the Week: Saint's Method

Question for seniors.....

1. In your back tests for this method for the dead mkt periods of 2002-03 ( in case anybody has done it), what was the outcome (relatively) ?

2. How does one change filters ( if any) as the market level changes ...was the filter of 14 -25 adequate when mkt was at 6000 for instance?

any replies would help. thanks.

The filters are dependent on volatility and not on the Nifty levels. It is quite possible that when Nifty is at 6000 levels, a filter of 10 could be sufficient and when the market is at 2900 levels there could be requirement of a filter of 20. The purpose of filter is to save us from some unnecessary trades. So, one should keep on backtesting the values, so as to have an appropriate filter. There is no readymade formula to arrive at the value of filter, and it is a continuous process.