Pivot Based Trading - 1:2 risk reward ratio (Risk less Profit more)

[radha55]

0.75% target achieved for Nifty Futures April Series.

You may test the result.

The system is giving almost 80-90% success.

Is anyone using this system in scrip as well.

If yes, please post your results.

Those who want to know how this system works, refer to the first post of this thread.

 

[bandlab2]

0.75% target achieved for Nifty Futures April Series.

You may test the result.

The system is giving almost 80-90% success.

Is anyone using this system in scrip as well.

If yes, please post your results.

Those who want to know how this system works, refer to the first post of this thread.

radha, can u do back testing of 1 month nifty and post the results. with whatever rules ... 1%, 0.8%, 0.75% profit and 1% SL

 

[Nava]

Hello,

Wait for this weekend.

I will come up with a tool which will give you all indicators like, buy at, sell at, 0.75% target, 1% target, stoploss, dynamic alerts.

These will be for NIFTY 50 stocks and NIFTY FUTURES.

Thanks to one who uploaded the excel file.

Hi radha,

We r waiting for your tool to use this method.
If you have finished your Excel tool, Please post.

Thanks,
Nava

 

[sukhwinder777]

hi,
i m very new to "traderji" but dont know pivot caculation for stock 's resistance and s/l. can anbody pls tell me with example of any stock price ex RNRL cmp 52.45 eg.
waiting eagrly...
thanks in advance.
S.Kumar

 

[radha55]

Hi radha,

We r waiting for your tool to use this method.
If you have finished your Excel tool, Please post.

Thanks,
Nava

Thanks....
I infact was about to develop the tool.

But i saw very few people showed interest in this thread.

Hence, i was just posting the image and trade for that day.

Since, no one was replying here, i even stopped putting image and just gave textual trade for the day.

Since now you have shown interest and even Bandlab, i have started developing the tool.

The tool will however not be an excel file.

May be i will post here once it is developed.

 

[rahul_h]

this method sounds great radha.can you please post some backtest results?
thank you

 

[jhaveri_n]

No Radha,

That is not true, i think there are lot of people like me sitting on the side lines, waiting for more information, kindly don't be disheartened, i love your your system, its simple, its easy, its effective and its got a great r2r ratio.

Thanks....
I infact was about to develop the tool.

But i saw very few people showed interest in this thread.

Hence, i was just posting the image and trade for that day.

Since, no one was replying here, i even stopped putting image and just gave textual trade for the day.

Since now you have shown interest and even Bandlab, i have started developing the tool.

The tool will however not be an excel file.

May be i will post here once it is developed.

 

[ramudu]

Hi Radha,

Can you tell me which Software are you using for Technical Analysis.

Regards
Ram

 

[ashutoshsatna]

I didnt backtested it.

But i am tracking this since last few days. I found 0.75% is almost always available.

I do found that 0.5% stoploss also gets hit. But the chances are rare.

I however didnt kept record of it, so i cant provide it here.

I will try to record this provided i get time.

The important factor here is to enter market only after 10:25 - 10:30 am. Generally all emotions get finished by this this time. So we can enter with our calculation.

it is necessary that put stoploss tofar

 

[radha55]

More than expected achieved today

At 10:30 am today, April Nifty Futures series was around 3160-3170.

This comes between S2 and S3 for normal values.

As per rule, we should sell below S3 and buy only above Pivot.

Pivot was 3264.35. (trigerred at 2:20pm)

Lets say we buy at 3268.

0.75% Target = 3288.832625 (achieved in 18 mins)
1% Target = 3296.64 (achieved in 20 min)
2% Target = 3333.36 (achieved after 40 hour)

But its obvious 2% Target is not achievable everyday. It was an exceptional day.

Those who want to know how the system works, please read the first post of this thread.