no one going to earn even single rupee day trading

[MARUTIMANE]

Dear Abhi,

Thanks for your comments. But dear I am not programmer and i dont know how to write it. If some expert member can help us to write the programme I can give setups and conditions then he can write the programme. After all all credit goes to you only for diclosing the nice system. I have made only some modifictation in your system according to my preference and it is working fine hence i have disclosed this to fourm for beniftis to members.
I only follow folling rules.

1. there shluld be 3-15 ema cross over on price chart as well as adx cross over and price should colse above 40 period ema for long position.

2. if 3-15 ema has given cross over on price chart as well as adx but price is below 40 period ema and stockstic above 50 i will avoid long position my filter is 40 period ema stockistic.

3. if 3-15 ema has given cross over on price chart as well as adx but price is above 40 peiod ema and stockstic below 50 i will avoid shot position.

4. And finaly my price target is only 0.50% i am not putting stoploss when price crosses 40 period i will quit my position but it reraly happens max time i achive my target and when target achived i will not paly that stock untill i get perfect second signal my preferance is to catch only first signal

is anybody could write programme for this setup i will be highly thankfull.

thanks and regards

 

[abhiwhy]

Dear Abhi,

Thanks for your comments. But dear I am not programmer and i dont know how to write it. If some expert member can help us to write the programme I can give setups and conditions then he can write the programme. After all all credit goes to you only for diclosing the nice system. I have made only some modifictation in your system according to my preference and it is working fine hence i have disclosed this to fourm for beniftis to members.
I only follow folling rules.

1. there shluld be 3-15 ema cross over on price chart as well as adx cross over and price should colse above 40 period ema for long position.

2. if 3-15 ema has given cross over on price chart as well as adx but price is below 40 period ema and stockstic above 50 i will avoid long position my filter is 40 period ema stockistic.

3. if 3-15 ema has given cross over on price chart as well as adx but price is above 40 peiod ema and stockstic below 50 i will avoid shot position.

4. And finaly my price target is only 0.50% i am not putting stoploss when price crosses 40 period i will quit my position but it reraly happens max time i achive my target and when target achived i will not paly that stock untill i get perfect second signal my preferance is to catch only first signal

is anybody could write programme for this setup i will be highly thankfull.

thanks and regards

ok bro no problem
i m creating an expert system on this technique but need ur help , explain the values of stockstic indicator (%k and %d ) also condition in each case buy and short (role of stockstic)

regards abhi

 

[nimish_rulz]

ok bro no problem
i m creating an expert system on this technique but need ur help , explain the values of stockstic indicator (%k and %d ) also condition in each case buy and short (role of stockstic)

regards abhi

Abhi when u posted the metastock formula is it for the indicator or for the expert. The stop loss formula mid way of this thread. Also can u try and make an expert for metastock too. Also can I use this trigger signals both yours and Maruti's for EOD data? Or would u advice to use only 5 min. I m not exactly a day trader. I lock in profit from 0.5% to 10% depending on the bullishness of the stocks. So far I m using just my parents stock as margin and getting a high leverage. Thanks to you guys so far without investing any money I have made 150,000 in less than 10 trading days.[/I]

 

[Rkji]

hi maruti

i have become a bit familiar with your approach that along with ema crossover, there should be ADX crossover & price should be above 40 ema.

i have added three avergs now, ema 3 + 13 + 40 & the ADX...stochastic - left for now since don' t want to go far now, though i understand stochastic shows the oversold or overbought status...plz be kind enough to mark this understanding on the following chart as i have certain doubts.

just mark the crossovers faulse & true on both ADX and EMA & highlight where the price was over 40 ema as i see 40 ema is a very small trendline & i dont quite understabd when is the price above or below it. i only undestand that once shorter avg crosses bigger one, go long & oppsite on bigger avg crossing shorter one.

many thanks for abhi & your patience through out with me.
learning stuff which was never possible without abhi & you.

regards,
rishi

Dear rishi,

Let us analyse your favourit stock Dena bank please see image

1, Dena bank has given bearish cross over on price chart as per 315 system @11.34 as well as Adx bearish cross over, but this is faluse signal I have told the golden rule our golden rule is price should be below 40 perod ema then only we take short position we should ignore such cross over.

2. Again dena bank has given bulish cross over at 12 hrs this is valid cross over becuase price is above 40 ema and our rule passed buy signal and we have achived our target.

3. Again dena bank has given bearish cross over at 13.44 hrs. price is below 40 ema and adx also given bearish cross over we have achived our target.

4. again dena bank has given bulish cross over at 15.05 but price is below 40 ema we should avoid this signal.

According to Abhis system you could get 4 trades but if you use golden filter 40 ema you will get only 2 trades and that is also profitable.

If you think this is good you can adopt the system other wise ignore it.

Thanks and regards.

 

[abhiwhy]

Dear Abhi,

Thanks for your comments. But dear I am not programmer and i dont know how to write it. If some expert member can help us to write the programme I can give setups and conditions then he can write the programme. After all all credit goes to you only for diclosing the nice system. I have made only some modifictation in your system according to my preference and it is working fine hence i have disclosed this to fourm for beniftis to members.
I only follow folling rules.

1. there shluld be 3-15 ema cross over on price chart as well as adx cross over and price should colse above 40 period ema for long position.

2. if 3-15 ema has given cross over on price chart as well as adx but price is below 40 period ema and stockstic above 50 i will avoid long position my filter is 40 period ema stockistic.

3. if 3-15 ema has given cross over on price chart as well as adx but price is above 40 peiod ema and stockstic below 50 i will avoid shot position.

4. And finaly my price target is only 0.50% i am not putting stoploss when price crosses 40 period i will quit my position but it reraly happens max time i achive my target and when target achived i will not paly that stock untill i get perfect second signal my preferance is to catch only first signal

is anybody could write programme for this setup i will be highly thankfull.

thanks and regards

hey maruti i m making meta expert trading system on ur setup , for that purpose i need following information :

1)for buy condition

i have used set up : (3ema crosses 15 ema ),( di+ >di-), close >50ema and stochastics(5,3)<50

and for sell

2) (15ema crosses 3 ema ),(di->di+), 50ema >close and 50>stochastics(5,3)

in meta expert it can be written as

for buy

Cross(Mov(C,3,E),Mov(C,15,E)) AND C> Mov(C,40,E) AND PDI(14)>MDI(14) AND Stoch(5 , 3) <50

for sell

Cross(Mov(C,15,E),Mov(C,3,E)) AND Mov(C,40,E)>C AND MDI(14)>PDI(14) AND 50>Stoch(5 , 3)

but i m doubtful whether your stance for stochastics was right or not or was it misunderstood by me can, u give some light on this aspect .

in my previous technique when the technique fails to give me 0.50 % return the opposite crossover of di+ and di- indicator was exit or stop loss for me but in new (ur case ) what would be the stoploss or exit , because while useing above formulas i got good results but also some false or loosing signals so what should be a proper exit is of prime importance . waiting for ur reply.

regards

abhi

 

[abhiwhy]

Abhi when u posted the metastock formula is it for the indicator or for the expert. The stop loss formula mid way of this thread. Also can u try and make an expert for metastock too. Also can I use this trigger signals both yours and Maruti's for EOD data? Or would u advice to use only 5 min. I m not exactly a day trader. I lock in profit from 0.5% to 10% depending on the bullishness of the stocks. So far I m using just my parents stock as margin and getting a high leverage. Thanks to you guys so far without investing any money I have made 150,000 in less than 10 trading days.[/I]

dear nimish

if u want to know rules of trading u could go to previous pages , if talking about maruti set up so its under testing and development and as soon i m ready with expert system i will post it here , these setups are for day trading only , day trading is a very tough task in compare to swing trades ,for that purpose i have a bundle of systems and trading ideas , and i don't see that earning there is , so much tough or challenging as day trading is and as my trading experience says if u r not a successful in swing or position trading u can not take a single rupee from market's pocket through day trade (very rare). u have got margin from ur stocks thats good and very happy to hear about ur profits of 150000 in 10 days its really a remarkable achievement , but i would suggest u to use more margin and less funding now as u have made enough money .
in my earlier days i also used very - very high exposers fundings etc. and made some good money but now i have made some good money and now do not use more than 2 times leverage because pehle mere pass khone ko kuch nahi tha par abhi hai . use ur fund intelligently , use some part for riskless investments some normal risk bearing some high and some very high. those are some lines or some facts which market has tought me .

all the best for further trades and a prosperous life my friend .

regards
abhi

 

[kooldude1411]

hey maruti i m making meta expert trading system on ur setup , for that purpose i need following information :

1)for buy condition

i have used set up : (3ema crosses 15 ema ),( di+ >di-), close >50ema and stochastics(5,3)<50

and for sell

2) (15ema crosses 3 ema ),(di->di+), 50ema >close and 50>stochastics(5,3)

in meta expert it can be written as

for buy

Cross(Mov(C,3,E),Mov(C,15,E)) AND C> Mov(C,40,E) AND PDI(14)>MDI(14) AND Stoch(5 , 3) <50

for sell

Cross(Mov(C,15,E),Mov(C,3,E)) AND Mov(C,40,E)>C AND MDI(14)>PDI(14) AND 50>Stoch(5 , 3)

but i m doubtful whether your stance for stochastics was right or not or was it misunderstood by me can, u give some light on this aspect .

in my previous technique when the technique fails to give me 0.50 % return the opposite crossover of di+ and di- indicator was exit or stop loss for me but in new (ur case ) what would be the stoploss or exit , because while useing above formulas i got good results but also some false or loosing signals so what should be a proper exit is of prime importance . waiting for ur reply.

regards

abhi

Abhi are u going to create AFL also for these system ???

 

[abhiwhy]

Abhi are u going to create AFL also for these system ???

pehle metaexpert to bann jane do bhai . afl bhi aa jayegi .

abhi

 

[Rkji]

abhi

just read your first thread again & the purpose of di + - is so clearer now. i am also adding ADX indicator . so tomm will trade using 313 ema + ADX & once maruti explains his technique would try to throw in 40 ema as well.

so i grasp from the technique so far is...3 ema cuts 13 ema & goes above & di + cuts di - & goes above di -, to take long & vice versa for short. excellent.

let' s see how well it goes tomm

cheers man, you are an awesome guy :thumb:

regards,
rishi

 

[MARUTIMANE]

Dear Abhi,

I have just modified some changes for stockistic. use 39 perod K%3, d%4 when we took buy signal close should be above 40 ema and stockistic should cross 50 from below.

for sell signal stockistic use 39 period K%3, d%4 when we short close should be below 40 ema and stockistic should cross 50 from above

Thease are only filters, ADX and Ema cross over is main object

I am using this setup I request you also test the same and make meta expert.

For stop loss when we took long and suddnely price close below 40 ema we should close our position on 5 min. chart. You can use this setup for any time frame result are always positive.

When we took long postion immediate put our target 0.50 for sell if target not achived and price fell below 40 ema we should close our position ( always you will be breakeven or small loss but not big loss)


Thanks and regards