I can help you with stock chart reading

[GKHERA99]

Thanx For Ur Good Work.views On Orchid Chemical ,hanil Era Textile

 

[GKHERA99]

Can Any Body Tel Me That When One Is Trying To Register On Twonahalf.com Their Is No Activity On Screen.i Tried To Register Twice But Of No Avail.

 

[vvonteru]

Thanks for ur encouragement. whatever i have learned is from u, the books u have suggested are real gems

the site i visit is twonahalf.com, i suggest u to visit that site. it provides basic information of which stocks are in uptrend, candelstick bullish/bearish patterns
52 week high/low, speed of trend,etc. register urself first, they send u an activation number, activate ur account, and get started.

although i do not entirely follow their recommendations, i do go to icharts.in
and do my own discretional analysis. i think some member in traderji has started that site, i got the site info from here itself, so for more information,
visit http://www.traderji.com/equities/7623-something-share-about-my-system.html?highlight=twonahalf

Thanks

vvonteru, plz consider the following

1. what is ur opinion on "historical volatility" that dave suggests, do u use it?
u said u use ATR, from what i have learned, u use 3*ATR as ur initial risk R.
This i think u use it for stop loss, however i dont' know how do u use it to
measure volatility of stocks? what range tells u it is highly volatile?

Its been a while I read it. Historical volatility can be calculated using EMAs of ATR. You know stock's volatility by comparison to another stock. A stock that has ATR = 100 is more volatile than a stock that has ATR=10. Volalitility is about how much swing (High - Low) in a day. You need this to place a stop and also to calculate position sizing.

Lets say you are buying a stock that that has ATR=20 and close = 100. If you are putting a stop between 80 and 100, you are basically asking for the stop to be hit. U are not giving the stock a chance to test your methodology. 3 * ATR is used to give the stock atleast 3 days to prove U are wrong. You could reduce it to be between 2*ATR and 3*ATR based on previous support.

U need stock's volatility for position sizing. If you buy 100 shares of a stock that has ATR 100, you should expect a swing of Rs 10,000 per day. U need to ask yourself the question, are U comfortable with that kind of change to your porfolio. If not, how much swing can you take in principal per stock per day.

2. does the 3/10 oscillator that dave suggests, is MACD value of FAST 3 EMA,
SLOW 10 EMA, smoothed by 1 EMA, i.e 3,10,1. If this calculation is right,
can u suggest any indicator similar to "HISTORICAL VOLATILITY" and its
values?

kindly reply as u always do

regards,

sonu m.

I don't remember. I will read again. Can you specify the book and page no.


Amibroker Scripts
-- I will provide them later.

Orchid Chemical
-- Let it take out 200. Consider after 8 day crossover 50 day. Even then, expect resistance at 200 EMA.

hanil Era Textile
-- Hopefully it will bounce from double bottom. Nothing exciting in both picks.

 

[ramakrishnaiah]

Thanks.. I really appreciate your dedication in providing answers. I may/may not get an answer I want.. But I like the honesty and objectivity that you look at the question and attempt to answer them.

I know you have already got a huge fan club to which I am also member.. Just could not stop myself from posting this.

Keep it up buddy, We do appreciate you!!

 

[timtomlee]

Can Any Body Tel Me That When One Is Trying To Register On Twonahalf.com Their Is No Activity On Screen.i Tried To Register Twice But Of No Avail.

when u register, u write ur username, password, email addr. Next, an email is sent to u ,where ur username, password, and activation no. is provided, alongwith a link to their webpage.

copy the activation number, open the link ,write ur username and password, paste the activation no. in its box, and press submit. Your account will be activated.

Then u are free to access their site.

I think i have provided the link to a detail description of the procedure. however, i will post it again: http://www.traderji.com/equities/7623-something-share-about-my-system.html?highlight=SYSTEM

i think ping_manoj will be the right person to answer ur query.

Regards,

sonu m.

 

[timtomlee]

I don't remember. I will read again. Can you specify the book and page no..

BOOK: DAVE LANDRY ON SWING TRADNG

"HISTORICAL VOLATILITY" - PAGE 112

"3/10 OSCILLATOR SYST." - PAGE 129



REGARDS,

SONU M.

 

[vvonteru]

Vvonteru,

If you have programmed entry and setup criteria in Amibroker, Can you share the code with us?..

I have installed Amibroker and am trying to configure it to generate BUY signals, I am unable to program it

If I put EMA(20,9) > EMA(50,9), it throws error. Please share some input on how to configure Amibroker for coding entry and setup criteria.

Also, I download EOD Bhav copy from NSE everyday. Is there a program utility to update EOD data to amibroker databse?..

Thanks
Shankar

I buy Metastock data. With free data, U have to worry about splits. I am attaching formula scripts.

 

[vvonteru]

Thanks.. I really appreciate your dedication in providing answers. I may/may not get an answer I want.. But I like the honesty and objectivity that you look at the question and attempt to answer them.

I know you have already got a huge fan club to which I am also member.. Just could not stop myself from posting this.

Keep it up buddy, We do appreciate you!!

More files for setting up sectors, loading symbols, update industry and sector charts etc. Don't forget to rename files with extension .afl. For chandelier stop, download chandelier plug in from Amibroker site.

Rename broker.industries.txt to broker.industries. Same with broker.sectors. When create a new database, place these files in Amibroker main directory. Then create database. The industries and sectors will be created automatically. However, you need stock data to map to industries. I am attaching a file that has stock symbols from Reuter. Further in loaddata.txt, change the file location to where you will put the stock symbols.

 

[vvonteru]

Thanks.. I really appreciate your dedication in providing answers. I may/may not get an answer I want.. But I like the honesty and objectivity that you look at the question and attempt to answer them.

I know you have already got a huge fan club to which I am also member.. Just could not stop myself from posting this.

Keep it up buddy, We do appreciate you!!

More files. Again, don't forget to rename the files to .afl extension. Loading the industry and sector is lot of work. Here is some text I put for my friend a while back to load industry and sector info. Its lot of work, I promise.

1. Backup file c:\Program Files\Amibroker\<Indian
Stock database name> \Broker.Workspace
2. Delete Broker.Workspace
3. Delete broker.industries and broker.sectors from
c:\program files\Amibroker. Ofcourse, back them up.
4. Copy the files I am attaching to this dir.
5. Copy Sector.afl, Industry.afl and
LoadData.afl into c:\program
files\Amibroker\formulas\custom
6. Modify LoadData.afl file to point to where U
will keep StockIndustry.csv file.
7. Now open Amibroker.
8. Do analysis for Industry.afl and Sector.afl.
8. By default, all the stocks will be in the 1st
industry, Agro - Others. Move them to Industry 181
using menu item Symbol -> Organize assignments..
9. Open LoadData.afl for analysis. In the Analysis window, choose 'to
analyze the open stock' as option (it does not matter.
We are not looking at stocks in the database. We are
reading from a file. So, why unnecessarily look at
each stock. We only want to run the script once. Not
4000 times). Scan it. Before U scan, make sure the stock being displayed has atleast 10 days of data. If not, analysis will not work.
10. Now, cross check it using menu item Symbol ->
organize assignments. If every thing is ok, U can run
the Sector and Industry formulas again to generate
charts.

 

[sivavkm]

More files for setting up sectors, loading symbols, update industry and sector charts etc. Don't forget to rename files with extension .afl. For chandelier stop, download chandelier plug in from Amibroker site.

Rename broker.industries.txt to broker.industries. Same with broker.sectors. When create a new database, place these files in Amibroker main directory. Then create database. The industries and sectors will be created automatically. However, you need stock data to map to industries. I am attaching a file that has stock symbols from Reuter. Further in loaddata.txt, change the file location to where you will put the stock symbols.

Dear vvonteru,

Thanks for uploading the Ami script files.
Is this for BSE stocks only? And the Reuters naming convention for symbols in the StockIndustry.txt !

I am a beginner to Amibroker & shares in general, and dealing only in NSE scrips. I do data update by downloading EOD files from NSE site. Can I use your script files? Did i miss something from your previous posts?

Thanks & Regards
Siva