no one going to earn even single rupee day trading

[MARUTIMANE]

Dear Abhi,

for making meta programme I am again revealing the setup please go throug.

1. For buy Ema 3 cross the ema 15 from below same time ADX cross over should be there it may happen 2 bar early or latter for this purpose we use following filter. close should be above 40 ema and stockistic 39 period (k3,d4) should cross 50 from below.

2. For sell Ema 3 cross the ema 15 from above same time ADX cross over shold be there it may happne 2 bar early or latter for this purpose we use following filter. close should be below 40 ema and stockistic 39 period(k3,d4) shluld cross 50 from above.

3, Stop loss. When we took long immediate put target for sell if not achived and price close below 40 ema we should close our position.

Thease are only setups nothing else. please make programme accordingly and back test the result I think result will be positive.

Thanks and regards

 

[Class]

Hi all,
Noticed a KDJ indicator on Google finance and used it with 5min charts. Seems to give almost exact top and exact bottom, overbought, oversold condition on cross over. Before trend starts or ends!!

I wanted to test it with +di & -di. Does anyone know what chart package will give both indicators? icharts doesn't have KDJ and google doesn't have DMI.

Hope someone knows.
Thanks.

 

[abhiwhy]

Hi all,
Noticed a KDJ indicator on Google finance and used it with 5min charts. Seems to give almost exact top and exact bottom, overbought, oversold condition on cross over. Before trend starts or ends!!

I wanted to test it with +di & -di. Does anyone know what chart package will give both indicators? icharts doesn't have KDJ and google doesn't have DMI.

Hope someone knows.
Thanks.

HI CLASS
ITS REALLY NICE TO SEE U BACK AFTER SO LONG ,

I HAVE AMIBROKER AFL OF THIS INDICATOR WHICH IS AS FOLLOWINGS :


_SECTION_BEGIN ("Stochastic %J");

printf("The KDJ indicator is actually a derived form of the Stochastic with the
only difference being an extra line called the J line." +
" The J line represents the divergence of the %D value from the %K. The value
of J can go beyond [0, 100] for %K AND %D lines on the chart." +
"\nTrading Signals: A negative value of J combined with %K and %D at the bottom
range indicates a strong over sold Signal." +
" Likewise, when the J value goes above 100, combined with %K and %D at the top
range, it will indicate a strong over bought Signal. " +
"\nSettings: Default: 14 period, 3 period, 1 period");


N = Param("Range", 9, 2, 20, 1);
M1 = Param("%K Period", 3, 1, 20, 1);
M2 = Param("%D Period", 3, 1, 20, 1);

RSV = (Close - LLV(Low, N))/(HHV(High, N)- LLV(Low, N)) * 100;
K = EMA(RSV, M1);
D = EMA(K, M2);
J = 3 * K-2 * D;
Plot(J, "Stochastic %J", colorRed);
Plot(D, "Stochastic %D", colorBlue);
Plot(K, "Stochastic %K", colorGreen);
Plot(80, "", colorBlack);
Plot(20, "", colorBlack);
_SECTION_END();


IF U DON'T HAVE AMIBROKER NO PROBLEM GO TO AMIBROKER SITE AND DOWNLOAD THE TRIAL VERSION AND USE IT , FOR RT DATA THERE ARE SEVERAL PAID AND FREE DATA SOURCES , FOR FREE DATA FROM YAHOO FINANCE OR DIET ODIN , THERE ARE SOME SOFTWARES SUCH AS

TRY VOLUMEDIGGER.COM , ALSO IN TRADERJI , LOOK THIS THREAD THIS PERSON , PROVIDES FREE DATA FOR ONLY 2 SCRIPT

http://www.traderji.com/software/24...ker-metastock-fcharts-excel-txt-backfill.html

I EARLIER USED HIS SOFTWARE WHEN IT WAS ALLOWING MORE THAN 2 SCRIPTS FOR FREE . IT WORKS NICE.


ABHI

 

[Class]

Hi Abhi,
Glad to see you are up to full speed again. I did wish you on your return to the forum, perhaps you didn't see.

Thanks for the info. I am an old world tester, I don't understand auto testing thru' AFL and Amibroker. I was thinking of testing on back charts manually checking each crossover and keeping account on a piece of old fashioned paper

There is no real problem in my keeping icharts and google finance open at the same time.

All the best,

 

[abhiwhy]

Hi Abhi,
Glad to see you are up to full speed again. I did wish you on your return to the forum, perhaps you didn't see.

Thanks for the info. I am an old world tester, I don't understand auto testing thru' AFL and Amibroker. I was thinking of testing on back charts manually checking each crossover and keeping account on a piece of old fashioned paper

There is no real problem in my keeping icharts and google finance open at the same time.

All the best,

i did,
its not auto trading formula but the formula of indicator . ami do not comes with this indicator but it can be manually added to it and can be used , you can see the indicator and u need to work manually with it, if u need my help in setting up these , i m always there man .
abhi .

 

[Rkji]

hi abhi

made a scriplist by the name of high beta for following shares, plz comment on any addition or removal of scrips

i will be exploring 313 ema strategy this week looking for crossovers & .50 % moves on these scrips

dlf, jpasso, tata motor steel & power, sterlite, icici, hindalco, wipro, acc, rel infra, ongc


regards,
rishi

 

[rajputz]

technique :
1. buy when 5 minute di+ ( pdi) (period 14) cuts 5 min di-(mdi 14)
2 short when just opposite as mentioned above

/QUOTE]

your method is right as i have tried it some time....but i use moving simple or exponentiol averages.....


what are the 5 minute di+ ( pdi) (period 14) cuts 5 min di-(mdi 14) you are mentioning in your post????

 

[rajputz]

technique :
1. buy when 5 minute di+ ( pdi) (period 14) cuts 5 min di-(mdi 14)
2 short when just opposite as mentioned above

/QUOTE]

your method is right as i have tried it some time....but i use moving simple or exponentiol averages.....


what are the 5 minute di+ ( pdi) (period 14) cuts 5 min di-(mdi 14) you are mentioning in your post????

what should be the stoplosss...couldnt find it....??????

 

[Class]

Hi Raj,
di+ and di- have been explained in previous posts. Essentially they define that the trend is in place to go Long or Short. They can be found in TA indicators such as DMI or ADX if you cannot get them separately.

There is no stoploss for this system. It works by taking only 0.5% movement and if the trend reverses before 0.5% then exit on the lines crossing the opposite way.

Profit is by keeping costs low i.e. 2paisa per trade, and leveraging 10x, to get up to 5% per trade, and trading 2-3 times per day if possible.

Hope this helps,

 

[rajputz]

Hi Raj,
di+ and di- have been explained in previous posts. Essentially they define that the trend is in place to go Long or Short. They can be found in TA indicators such as DMI or ADX if you cannot get them separately.

There is no stoploss for this system. It works by taking only 0.5% movement and if the trend reverses before 0.5% then exit on the lines crossing the opposite way.

Profit is by keeping costs low i.e. 2paisa per trade, and leveraging 10x, to get up to 5% per trade, and trading 2-3 times per day if possible.

Hope this helps,

thanks for your reply....i am using pointer of Ventura securities...it doesnt have any facility of adx or dmi...
can these be replaced by some other indicators....
i am mentioning the indicators that are available to me

averages
macd
macd histogram
bolinger band
rate of change %
rate of change abs
relative strength index
stochastics


this is all i have....do you people use some specific charting software along with it.....