Nifty spot analysis BY Santhosh2010

[Purushotham]

Nifty intraday trading strategy

Can try this setup for intraday play....
This strategy is for purely intraday.It has given me 600 points gain in last 6 days after brokerage.

STRATEGY
1) Time frame 3-min for EMA CROSSOVER and 5- min for PSAR (PARABOLIC STOP AND REVERSE)

2)In 3min tf, EMA3 and EMA15 cross over to be taken for buy and sell

3) if we get a buy signal from ema cross over, then look at psar for confirmation as follow

4)make time frame 5-min,select PSAR, add 20-ema.
if psar is below the cmp and cmp is above 20-ema, then it is a CONFIRMED BUY.(After step 3 then step 4)

5)Always buy 2 lots.Book 1 lot at +15 point , 2nd lot at +30 points.
If CONFIRMED SELL SIGN is generated, then reverse position.
Thanks to :sonila

As per the above buy setup triggered in nifty????

 

[santhosh2010]

yes ... buy with psar as a stoploss...

 

[ram2010]

Nifty intraday trading strategy

Can try this setup for intraday play....
This strategy is for purely intraday.It has given me 600 points gain in last 6 days after brokerage.

STRATEGY
1) Time frame 3-min for EMA CROSSOVER and 5- min for PSAR (PARABOLIC STOP AND REVERSE)

2)In 3min tf, EMA3 and EMA15 cross over to be taken for buy and sell

3) if we get a buy signal from ema cross over, then look at psar for confirmation as follow

4)make time frame 5-min,select PSAR, add 20-ema.
if psar is below the cmp and cmp is above 20-ema, then it is a CONFIRMED BUY.(After step 3 then step 4)

5)Always buy 2 lots.Book 1 lot at +15 point , 2nd lot at +30 points.
If CONFIRMED SELL SIGN is generated, then reverse position.
Thanks to :sonila

Its 60 pts or 600 pts?

 

[shreeux]

Nifty intraday trading strategy

Can try this setup for intraday play....
This strategy is for purely intraday.It has given me 600 points gain in last 6 days after brokerage.

STRATEGY
1) Time frame 3-min for EMA CROSSOVER and 5- min for PSAR (PARABOLIC STOP AND REVERSE)

2)In 3min tf, EMA3 and EMA15 cross over to be taken for buy and sell

3) if we get a buy signal from ema cross over, then look at psar for confirmation as follow

4)make time frame 5-min,select PSAR, add 20-ema.
if psar is below the cmp and cmp is above 20-ema, then it is a CONFIRMED BUY.(After step 3 then step 4)

5)Always buy 2 lots.Book 1 lot at +15 point , 2nd lot at +30 points.
If CONFIRMED SELL SIGN is generated, then reverse position.
Thanks to :sonila

I am newbie...I am using MT4..where to get this ema indicators..

 

[santhosh2010]

I am newbie...I am using MT4..where to get this ema indicators..

 

[shreeux]

To
santhosh2010

Thanks for reply,
I am also using GCI MT4 only, due nse 10 stocks was default.

there is no 3 min in GCI MT4..how to do that..

If any options available to add more stocks in GCI MT4?

 

[santhosh2010]

To
santhosh2010

Thanks for reply,
I am also using GCI MT4 only, due nse 10 stocks was default.

there is no 3 min in GCI MT4..how to do that..

If any options available to add more stocks in GCI MT4?

How to Plot Any Timeframe in Metatrader using Period Converter MQL4

http://www.marketcalls.in/metatrader/how-to-plot-any-timeframe-in-metatrader-using-period-converter-mql4.html

How to Create Custom Time Frames in Metatrader 4

http://www.fxdayjob.com/custom-time-frames-for-metatrader-4-401/

 

[cellclinic]

.............

 

[gargindia]

Hi Santosh sir @ Friends

Wish you a Merry Christmas

 

[amitsh27]

Nifty intraday trading strategy

Can try this setup for intraday play....
This strategy is for purely intraday.It has given me 600 points gain in last 6 days after brokerage.

STRATEGY
1) Time frame 3-min for EMA CROSSOVER and 5- min for PSAR (PARABOLIC STOP AND REVERSE)

2)In 3min tf, EMA3 and EMA15 cross over to be taken for buy and sell

3) if we get a buy signal from ema cross over, then look at psar for confirmation as follow

4)make time frame 5-min,select PSAR, add 20-ema.
if psar is below the cmp and cmp is above 20-ema, then it is a CONFIRMED BUY.(After step 3 then step 4)

5)Always buy 2 lots.Book 1 lot at +15 point , 2nd lot at +30 points.
If CONFIRMED SELL SIGN is generated, then reverse position.
Thanks to :sonila

Can we try for stocks also ??