Karthiks Options Trading Strategy

[XUV-500]

Long at 2.45pm bar high 68.1....tgt......75 hit. :clapping:

wasn't CCI>200 that time

 

[pakatil]

Long at 2.45pm bar high 68.1....tgt......75 hit. :clapping:

At 2.45 Bar......CCI was 220.43......so no trade....

 

[contactomprakash2000]

Hi friends, I tried to modify Abhi's a bit, pls check the code..........

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();

_SECTION_BEGIN("WMA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( WMA( H, 5 ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("WMA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 300, 1, 10 );
Plot( WMA( L, 5 ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();


a=WMA(H,5);
b=WMA(L,5);

Buy=Ref(C,-1)>Ref(a,-1) AND Ref(L,-1)>Ref(b,-1) AND C>Ref(H,-1) AND CCI(14)>50;
Sell=Ref(H,-1)<Ref(a,-1) AND Ref(C,-1)<Ref(b,-1) AND C<Ref(L,-1) AND CCI(14)<-50;

Buy = ExRem(Buy, Sell);
Sell = ExRem(Sell,Buy);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorGreen, 0,L, Offset=-30);
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorRed, 0,H, Offset=-30);

Hi, Kartick check this code and tell me for modification if any.

 

[pakatil]

6200 CE.......slowly coming in to firing Range......

 

[sekpalani]

At 2.45 Bar......CCI was 220.43......so no trade....

Yesterday price in my chart 2.30pm bar closed at 55.45 and wma was at 55.55 just one point less and all other conditions were met but due to this we could not take trade . what to do stick with rules

 

[XUV-500]

Yesterday price in my chart 2.30pm bar closed at 55.45 and wma was at 55.55 just one point less and all other conditions were met but due to this we could not take trade . what to do stick with rules

to the best of my knowledge, CCI confirmation was absent on that bar.

 

[pakatil]

Yesterday price in my chart 2.30pm bar closed at 55.45 and wma was at 55.55 just one point less and all other conditions were met but due to this we could not take trade . what to do stick with rules

Generally I try to stick to Rules. FYI........in my chart Close was above WMA, but CCI was 35.25.....

 

[sekpalani]

6200 PE ready now?

 

[pakatil]

6200 PE......12.30 Bar 58.75, SL...54.05....Tgt....65.00

 

[sekpalani]

6200 PE ready now?

negated 12.30 bar...