My System - My trades.

[varunkochhar]

 

[varunkochhar]

You can also keep the sl as 200EMA for all adds if it is not too far away.

 

[coolabhi99]

Extremist ji how could i ever forget you. You have been my Rock of Gibraltar. Somebody i could lean and count for backup and support.

I vouch for that!!!!!!!!

 

[varunkochhar]

You will perpetually go mad counting the profits in a good trend. We got more than 50 profitable intraday adds in the Bajaj F chart i had posted earlier with this 2MACD method in 5Tick charts. Simple rule for exit was a couple of bucks lower than 200EMA. So practically an add every 2 rupees. So 1300 shares (50 Initial + 50* 25 = 1250) * 53 is about Rs.70000 with an initial risk of about Rs.700.

 

[varunkochhar]

 

[varunkochhar]

Now count.

 

[extremist]

Ok so here it goes. Just plot the MACD line only of say 36,200 and plot another macd line 4,12 on that. Take adds in shorts everytime the 4,12 line goes below zero till 36,200 is below zero. Your sl for adds would be the pivot high above the last add. Vice versa for longs. Plot only the MACD line not the signal line or the Histogram. Chart follows.

Sir ji
what is with 4,12? any logic or out come of your hardwork?

 

[arjun.panda]

Ok so here it goes. Just plot the MACD line only of say 36,200 and plot another macd line 4,12 on that. Take adds in shorts everytime the 4,12 line goes below zero till 36,200 is below zero. Your sl for adds would be the pivot high above the last add. Vice versa for longs. Plot only the MACD line not the signal line or the Histogram. Chart follows.

This is for people using kite??

Sent from my SM-G930F using Tapatalk

 

[varunkochhar]

No logic as such i was just tinkering with 1/3 rd of 36 EMA and 1/3 rd of 12. The idea was a smaller ema macd for taking adds (in the minutest trend) in the direction of the minor trend. So even 50 point move can give 100/200 points.

 

[varunkochhar]

Arjun ji anybody can take these trades. One can also write an AFL to make it pop up at the time of crossover. This easy method can be used as a complete system as well. The basic underlying strategy is the same as being discuseed over the last few days. How to milk a trend dry with adds.