Nifty technicals

[findvikas]

Interesting piece of work. The only thing scary would be that the SL is based on EOD figure. If the stops are hit at opening and the trend continues till the EOD, we do nothing? We will end up taking a deeper loss than if we had cut it when stops were hit. Perhaps the exit should be when the SL is hit at any time during the day and reverse the trade with an initial SL a some % points. Would that be possible in the system?

Brother, you cannot trade in 1 timeframe by looking at another timeframe.

Since this thread is to discuss your new strategy, would it be better if the options trades are discussed in your other Daily Options Trade thread. It will keep this thread free of clutter.

Kyon jale pe namak mirch chidak ke nimbu bhi luga ruhe ho :rofl: That thread is dead as no body believed that I trade in 1min chart and switch positions like anything.

Your point is valid but who can stop spammers? and what is the guarantee that they will not try and hijack this thread as well.

I have reserved second post and will update that with weekly, monthly, & possible yearly returns/stats.

 

[trader.trends]

That thread is dead as no body believed that I trade in 1min chart and switch positions like anything.

I did not find it difficult to believe your trades. I thought it was very much possible.

 

[trader.trends]

I am expecting atleast 1-2 months of good volatility and a short range... not like market experts who are predicting that market will be ranged in 4500-5200... really? not in 0-5200

All shares andall markets always move in a range - They always range between their life time highs and life time lows.

 

[Mangafreakz]

Some people will always spend time trying to find drawbacks in a system instead of making contributions to it and trading it sucessfully , you cant stop them . There was no reason for people not to believe you even after you posted charts and strategy of your trading.

 

[VJAY]

come on, appreciate the fact that he is trying to share his experience with us. He took the pains to back test the system and post his findings here.

Vikas, please do continue wt the good work...!

_SECTION_BEGIN("vikas ka magic");
shift = Param("shift close to",1,1,20,1);
Plot (Close, "close",colorBlue, styleDots+styleLine);
Plot(Ref(Close,-(shift)),"stoploss",colorRed,styleDots+styleLine);
Buy=Close > Ref(Close,-(shift));
Sell = Close < Ref(Close,-(shift));
Buy = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);
PlotShapes ( shapeUpArrow*Buy,colorGreen);
PlotShapes ( shapeDownArrow*Sell,colorRed);
_SECTION_END();

Dear Linkon,
Where are you ?we missed your very helpfull/educative posts.....thanks for hidden afl of vikas.....hope your presence in TJ continue....expecting your valuable guidance....

 

[VJAY]

Dear vikas,
Are you trading in 1 min chart with options?using this method(which you used for daily chart).

 

[lazytrader]

Good point.. I guess I forgot to mention. I am considering Closing Price when trading daily chart. If it close below/above SL level then we switch position on very next day.

Edit: I have edited the rules to include it and make it clear.

There is a system called brain trend system which is a proprietary system for MT. Karthikmarar has coded a hack in AFL called KBrain. If you could compare the results of the two it would be helpful.

http://www.4shared.com/dir/1136409/6d28c7e6/sharing.html

 

[MurAtt]

Brother, you cannot trade in 1 timeframe by looking at another timeframe.



Kyon jale pe namak mirch chidak ke nimbu bhi luga ruhe ho :rofl: That thread is dead as no body believed that I trade in 1min chart and switch positions like anything.

Your point is valid but who can stop spammers? and what is the guarantee that they will not try and hijack this thread as well.

I have reserved second post and will update that with weekly, monthly, & possible yearly returns/stats.

You know what .. with no disrespect to anyone ... an old saying goes ....

When royals on elephants walk the roads, dogs are sure to create nuisance.

So .. take your pick ..
1. Stop walking on the road majestically ...
2. Start trying to shoo the dogs away one by one ...
3. Go on - walk majestically .. and do what you want ....

Simple ....

:lol:

 

[findvikas]

There is a system called brain trend system which is a proprietary system for MT. Karthikmarar has coded a hack in AFL called KBrain. If you could compare the results of the two it would be helpful.

http://www.4shared.com/dir/1136409/6d28c7e6/sharing.html

Thanks LT, The link is not valid if you have more details about this system or an AFL than that will be of great help. I was inspired by a rough idea that one of my friend at GS shared with me over a dinner and I came up with this system after so many failed tries.

 

[findvikas]

There is a system called brain trend system which is a proprietary system for MT. Karthikmarar has coded a hack in AFL called KBrain. If you could compare the results of the two it would be helpful.

http://www.4shared.com/dir/1136409/6d28c7e6/sharing.html

Also can you please explain, if you know, how it actually works?