Karthiks Options Trading Strategy

[poortrader]

I think today was a very range bound day and 2 SL hit in PE 6200 as per my charts, can anyone confirm with their chart?

screen capture software

 

[poortrader]

How are you generating that green message box in middle? I thought you already had a good AFL.

1) Green Msg box is through picpick software done manually not by afl,
2) and now yr afl is working with your suggested changes in Ami, thanx

 

[mastermind007]

I think today was a very range bound day and 2 SL hit in PE 6200 as per my charts, can anyone confirm with their chart?

screen capture software

You are correct that there were two setups in PE6200 in 15 min, but it would be wrong to say that both hit SL, because both the trades never actually triggered

 

[poortrader]

You are correct that there were two setups in PE6200 in 15 min, but it would be wrong to say that both hit SL, because both the trades never actually triggered

As per my chart both triggered,
1) 10am bar-set up bar, High 136.75, next candle high 136.80 so I consider it triggered, please check your chart also and point out any anomalies
2) 2.30pm bar - set up bar, High 140.4 which was triggered in next bar (High 142.5) and subsequently hit SL

 

[virender.goel]

Hi All,

I have been trading since an year only in cash markets. Can anyone guide me which vendor should I consider for options charts.

Is there any possibility of web based charting softwares.

Thanks for your help on this.

Virender

 

[DataRam]

Hi All,

I have been trading since an year only in cash markets. Can anyone guide me which vendor should I consider for options charts.

Is there any possibility of web based charting softwares.

Thanks for your help on this.

Virender

For Amibroker the authentic Vendor is GFDL .

http://www.globaldatafeeds.in/

There are some other vendors too who provide data for Amibroker like

http://www.nlcrtdata.com/index.html

http://www.valuert.com/index.html

http://wisdomcapital.in/wisdom-data/

For Web Based Charting Service you may check this Link

http://www.icharts.in/details-of-our-premium-services.html

Happy Trading.

 

[pakatil]

6300 CE padding up.....

 

[pakatil]

6300 CE padding up.....

CCI not supporting......1.00 Bar......

 

[poortrader]

CCI not supporting......1.00 Bar......

yes, even in CE6200 CCI not supporting, 1pm bar CCI 44

 

[mastermind007]

As per my chart both triggered,
1) 10am bar-set up bar, High 136.75, next candle high 136.80 so I consider it triggered, please check your chart also and point out any anomalies
2) 2.30pm bar - set up bar, High 140.4 which was triggered in next bar (High 142.5) and subsequently hit SL

poortrader

I consider "closure above high" as a trigger, not a mere touch. What I actually do is keep a simple countdown timer on screen and once buy is shown in ami, I stay ready. If the Buy Signal remains visible with 5 seconds left on timer to go, I execute the market order.

Merely breaching a prior high but failing to close above it makes it a low probability trade anyway.

Thanks to your comments, I actually added a parameter in AFL just to create the visual difference and here it is.

In one image, first setup is entered at high but the price fails to meet the target hitting the stop loss instead. It shows one failed setup afterwards.

In second image, first setup is not entered as price fails to close above. 3 more setups also show up later but none of the trades get taken.