NF Swing Trading using Fractal AFL

[hmp]

Nifty Futures and Options Only. Maybe will add some Stock Futures later on.

About option trading, You buy sell options as per nifty futures chart crossovers or directly open call/put chart and buy/sell as per their signals?
Regards

 

[oldtrader]

About option trading, You buy sell options as per nifty futures chart crossovers or directly open call/put chart and buy/sell as per their signals?
Regards

I have still not started option trading. I am analysing the performance of option as per the signals from Frac7 AFL. Will post the results soon. Will be analysing using 4 options, costing from 50 rs to 200 rs.

 

[vijkris]

Yes Oldtrader ji !
Now i got it perfect.Thanks a lot.Meanwhile i am having just 60 days data with me.
Regards

@oldtrader,hmp ji

use this 2yr data shared by ankur bro.

http://w w w . 4 sha red/f ile/P4De9XZbba/CRUDEOIL1313_14.html
http://w w w .4sha re d/fi le/XM_Y7AFrba/CRUDEOIL14_15.html

remove spaces.

 

[suri112000]

Setup 5 minutes chart of Nifty futures as follows :-

ATS AFL in upperframe.

SL-ATR-Trail AFL in lowerframe.

Upperpanel shows the trend.

Look for countertrend trades in lower panel in line with upper panel trend.

To explain it simply, when upper panel is green ie buying mode. Look at lower pannel, to look for sell signals. When sell signal is generated in lower panel, go long above that candle or next candle whichever is of lower high.

Profit target, book 1 lot at 10 points profits and 2nd lot discretionary exit.

Stop Loss. No stop loss in this case. Reason is simple. We are trying to enter the trade at the minimum risk possible. Simply exit the trade at loss when signal in upper panel flips.

 

[hmp]

Hi all afl experts.
Can we have sound alert for buy & sell signals for fractal afl ?
Thanks & regards

 

[oldtrader]

Hi all afl experts.
Can we have sound alert for buy & sell signals for fractal afl ?
Thanks & regards

Pls add this code after the Buy and Sell Signal Code

AlertIf( Buy, "SOUND C:\\Windows\\Media\\Chord.wav", "Audio alert", 2 );
AlertIf( Sell, "SOUND C:\\Windows\\Media\\Ding.wav", "Audio alert", 2 );

Pls note this line
C:\\Windows\\Media\\Ding.wav
may vary depending on the .wav file location.

 

[ankur07090]

Upperpanel shows the trend.

Look for countertrend trades in lower panel in line with upper panel trend.

To explain it simply, when upper panel is green ie buying mode. Look at lower pannel, to look for sell signals. When sell signal is generated in lower panel, go long above that candle or next candle whichever is of lower high.

Profit target, book 1 lot at 10 points profits and 2nd lot discretionary exit.

Stop Loss. No stop loss in this case. Reason is simple. We are trying to enter the trade at the minimum risk possible. Simply exit the trade at loss when signal in upper panel flips.

Suri,

which AFL in upper pane. I did't find in that website.

 

[suri112000]

Suri,

which AFL in upper pane. I did't find in that website.

send me PM i will send it through PM.

 

[suri112000]

This is how this could be traded.

2 profits or 2 losses in a row - close for the day.

Weekly target profit is 100 points. Monthly target profit is 200 points.
Weekly loss is fixed at 60 points. Monthly loss is fixed at 120 points.

Maximum of 3 trades per day.

========================================================

Let us see how this fared in last few weeks.

28 Mar 16 to 01 Apr 16

28th : 1 trade : 75 points (with partial booking)
29th : 1st trade : 4 points (with partial booking)
2nd trade : -14 points (with partial booking)
3rd trade : - 32 points
30th : 1 trade : 90 points (with partial booking)

Weekly target of 100 points met on 30th. Total profit made = 123 points before deducting brokerage.

04 Apr 16 to 08 Apr 16

04th : 1st trade : -24 points
2nd trade : - 40 points.

Weekly loss of 60 points met...ie total loss 64 points. Suspend trading for entire week.

11 Apr 16 to 15 Apr 16

11th : 1st trade : 4 points (with partial booking)
12th : 1st trade : 21 points (with partial booking)
13th : 1st trade : 16 points (with partial booking)
2nd trade : -40 points

No loss No profit week.

18 Apr 16 to 22 Apr 16

18th : 1st trade : 4 points (with partial booking)
2nd trade : 20 points (with partial booking)

19th : 1st trade : 0 points (with partial booking)
2nd trade : 8 points (with partial booking)
21st : 1st trade : 50 points (with partial booking)
22nd : 1st trade : 9 points (with partial booking)
2nd trade : 23 points (with partial booking)

Weekly profit : 90 points.

4 Weeks total profit : 149 points (deduct taxes, brokerage)

 

[hmp]

Pls add this code after the Buy and Sell Signal Code

AlertIf( Buy, "SOUND C:\\Windows\\Media\\Chord.wav", "Audio alert", 2 );
AlertIf( Sell, "SOUND C:\\Windows\\Media\\Ding.wav", "Audio alert", 2 );

Pls note this line
C:\\Windows\\Media\\Ding.wav
may vary depending on the .wav file location.

Though i have given correct path & tested in bar replay cant hear sound
Regards