Pride's Intra-Day Strategy [Profit Everyday]

[prabit]

Hi Tiz,
One Problem with the afl, that i noticed is that it gives a buy and sell signal on every ema crossover and also it does not wait for the candle to close.
eg: pride's statergy says.. go for the trade after the crossover of a ema + after the candle stick closes.. ie you should go for a trade on the next candle stick after the crossover. So you need to adjust the signal according to that..
Pls check on it.. I will let u know if anything else

The main thing it should consider is 3 factors before it gives a signal
1. 30min stoch upward..
2. 5min stoch upward
3. ema crossover after the candle closes and buy signal on the next candle open.

well explained rgardson,thanks a lot:clapping:

 

[regardson]

Tiz,
Since i do not know the exact coding language.. I won't be able to give you that way. But this is how i think.. it should be .. If i am wrong do correct.


1. Buy/Long
On 5min TF chart, when 5Emaclose crosses above 13EMAclose AND
5min & 30min Stoch k crosses above d slow and k,d < 80

2. Sell
on 5min tf chart, when stoch k<=d

3. Short
On 5min TF chart, when 5Emaclose crosses below 13EMAclose AND
5min & 30min Stoch kcrosses below d slow and k,d >20

4. Cover

on 5min tf chart, when stoch k>=d

If you could rewrite the aft according to this.. we still need to add a lot to get the actual signal .. for stocks.. still working on that.

 

[ag_fx]

4193 long triggerred.Fill was 4193.65

Half covered at 4208...

Half stopped at entry point.

net close to +15 points

 

[seshareddyvv]

4193 long triggerred.Fill was 4193.65

Half covered at 4208...

Half stopped at entry point.

net close to +15 points

Ankit,

During your trade, though 30 min stoch was +ve(k>d), it was pointing downwards, can we take such positions. Is it enough if k>d is satisfied or is it required that both 1) K>d 2) and pointing upwards should be satisfied. I am still little bit confused.

Sesha

 

[ag_fx]

Ankit,

During your trade, though 30 min stoch was +ve(k>d), it was pointing downwards, can we take such positions. Is it enough if k>d is satisfied or is it required that both 1) K>d 2) and pointing upwards should be satisfied. I am still little bit confused.

Sesha

You cant see thew POINTING in Higher TF....it will confuse u to the hell...Only plain crossovers and current postion of %k vs %d is seen.
Also if u see, at that time(1230) on 30 min, there were two same candles , with differnt colors....and both were in a way Hammers...giving me more comfort for da long..

btw ur morning trade was good...i missed that one

 

[seshareddyvv]

You cant see thew POINTING in Higher TF....it will confuse u to the hell...Only plain crossovers and current postion of %k vs %d is seen.
Also if u see, at that time(1230) on 30 min, there were two same candles , with differnt colors....and both were in a way Hammers...giving me more comfort for da long..

btw ur morning trade was good...i missed that one

Thanks Ankit,

Sesha

 

[seshareddyvv]

Is the short triggered on NIFTY now?

 

[ag_fx]

Is the short triggered on NIFTY now?

No..1330 candle has to close on 30 min to denote bearish stoch..till then we are looking for longs only.

 

[alokdaga]

1.30 trade stopped?

 

[ag_fx]

1.30 trade stopped?

There was no trade at 13:30