NIFTY Options Trading by RAJ

[healthraj]

I didnt want him to explain the idea. If you read my post you will "realize" I was asking him how he draws it on his charting platform. Thats all.

Using Excel Functions such as LINEST, INDEX and TREND.
If you google for LINEST and INDEX you should get some examples on how to predict using Polynomial functions.

Plus you also need to decide which degree of polynomial to use.

I normally have two Trends,
- TREND 1 the Major trend - this will be either Polynomial degree 1 or 2 or 3
- TREND 2 : Minor Trend which will be either Polynomial degree 4 or 5 or 6.

I cannot explain this beyond a point, because it will sound very mathematical. But the idea is each Degree will have a Pivot, Support and Resistance and TREND Value. The TREND value is the standard deviation of the Values in the TREND. The TREND Value is also the difference between (Support and Pivot ) or (Resistance and Pivot)

The "TREND Value" will be different for each polynomial. For Major Trend I will take the Polynomial with the MAX (TREND Value). For the Minor Trend, I will take the Polynomial with Min (TREND Value).

 

[Riskyman]

Right click on chart, under heading Parameters
go to "Look Back period"
by default its 100, increase it to whatsoever you like, Maximum limit set is 500
You can increase beyond by editing the max value in AFL
Lookback period is past bars/candles.

Thank you very much. Appreciate you taking time out to help.

 

[SexyTrader]

Using Excel Functions such as LINEST, INDEX and TREND.
If you google for LINEST and INDEX you should get some examples on how to predict using Polynomial functions.

Plus you also need to decide which degree of polynomial to use.

I normally have two Trends,
- TREND 1 the Major trend - this will be either Polynomial degree 1 or 2 or 3
- TREND 2 : Minor Trend which will be either Polynomial degree 4 or 5 or 6.

I cannot explain this beyond a point, because it will sound very mathematical. But the idea is each Degree will have a Pivot, Support and Resistance and TREND Value. The TREND value is the standard deviation of the Values in the TREND. The TREND Value is also the difference between (Support and Pivot ) or (Resistance and Pivot)

The "TREND Value" will be different for each polynomial. For Major Trend I will take the Polynomial with the MAX (TREND Value). For the Minor Trend, I will take the Polynomial with Min (TREND Value).

Wow! :thumb: Maths classes with trading free

 

[sintona]

Raj Sir,
Can you please give the link to your excel?

 

[soumanag]

Hi Raj,
As you predicted VIX is below 18.. is it a good idea to pair sell at this moment or wait for it to go above 18 and then look for shorting opportunity. Logic says to buy in the money options but I am not comfortable with time decay...
Best,
S

 

[Riskyman]

Using Excel Functions such as LINEST, INDEX and TREND.

Thanks a lot!

 

[healthraj]

I said below 18 it was for buying and not for selling. The vix was 21 and today it is 17. So whoever sold options would have made profit

 

[Relish]

Raj Sir,
Can you please give the link to your excel?

Please see this link & say thanks to Raj Sir

http:// adf.ly/x2ODz

 

[angira]

Today 2-MAR. as per OptionData

NIFTY:-

Trend Strong Bull
MAX_OI @ 8500-9000
MAX_CHG_OI @ 8900-9200

APR'15 series :

Trend Weak Bear
MAX_OI @ 8500-9000
MAX_CHG_OI @ 8900-9500

angira...

 

[timepass]

Please see this link & say thanks to Raj Sir

http:// adf.ly/x2ODz

removed the spaces.. still "Server not found"