My System - My trades.

niftyrider

Well-Known Member
@Morning 1st trade short....
Then long @ afternoon.
Exit of short and going long on the same bar that closed above 200ema or should wait for a pivot??
 
u earlier had shown some amibroker chart having higher time indicators on lower time frame on price chart in the form of small dashes vertically can you share or name the indicator if you remember.
5m, 15m MTF EMA
Credit goes to its Creator
Code:
_SECTION_BEGIN("EMA 5 MIN");
TimeFrameSet(in5Minute);
m5= EMA(Close,36) ;
Plot(TimeFrameExpand(m5, in5Minute), "", ParamColor( "5 Min Color", colorAqua ), ParamStyle("Style", styleDashed));
TimeFrameRestore();
_SECTION_END();

_SECTION_BEGIN("EMA 15 MIN");
TimeFrameSet(in15Minute);
m15= EMA(Close,36) ;
Plot(TimeFrameExpand(m15, in15Minute), "", ParamColor( "15 Min Color", colorYellow ), ParamStyle("Style", styleDashed));
TimeFrameRestore();
_SECTION_END();
 
Today i will post a chart to tell you when to take a punt with limited risk. Our risk (pre-determined) was Rs.1000 (so we bought 15 Puts roughly costing Rs.70 each. Exited 5 at Rs.5 thereby recovering out investment and selling the other 2 in 2 tranches at 25 and 50. Figure out our profits. This is specifically for people who think it cannot be done. There was no way of knowing whether we would profit or not as i said it was a pure punt out of the bounty that we made this week. All rules were followed. Entry at R1.60 (above 200EMA).
 

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