Pride's Intra-Day Strategy [Profit Everyday]

[TraderInTheZONE]

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.

No buddy!!
The AFL gives buy and short signal only if these conditions are met :
(1) 30 Min Stoch is bullish.
(2) 5 Min Stoch is bullish.
(3) ema5 has crossed ema13 or almost touched and bounced (difference should not be greater than 1).

No afl will wait for the candle to close before giviing you signal on Real Time basis. The thing is the that you should wait for the candle to close and if the signal remain after the close then take that signal.

As far as I think, I have coded it perfectly and I have checked many trades that it takes manually for last 10 days. I don't see any problem here.

Thanks again...
-----TIZ--------

 

[alokdaga]

There was no trade at 13:30

In 30 min there was a sell at 1.30 pm and also in 5 min there was a stoch crossover

 

[ag_fx]

No buddy!!
The AFL gives buy and short signal only if these conditions are met :
(1) 30 Min Stoch is bullish.
(2) 5 Min Stoch is bullish.
(3) ema5 has crossed ema13 or almost touched and bounced (difference should not be greater than 1).

No afl will wait for the candle to close before giviing you signal on Real Time basis. The thing is the that you should wait for the candle to close and if the signal remain after the close then take that signal.

As far as I think, I have coded it perfectly and I have checked many trades that it takes manually for last 10 days. I don't see any problem here.

Thanks again...
-----TIZ--------

TIZ,
I know zilch of AFL..so dont take me wrng...but y dnt u check ur trades from the AFL with those posted in the thread today Live?
There were three trades in the day so far...This will verify the AFL too.

 

[ag_fx]

In 30 min there was a sell at 1.30 pm and also in 5 min there was a stoch crossover

No buddy.,.there was no trade....30 min stoch turned bearish at 1330...but by then both ema and stoch had crossed over many candles before...so no entry.

 

[TraderInTheZONE]

Let me post the trades given by AFL posted above.
We have two options here :
Option - I
If we trade according to completed 30 min bar (i.e. use ExpandLast in the parameter option) :
Trade 1 : Buy at 4182 (10:40 candle) ; Sell at 4206 (11:10 candle) Profit = +24
Trade 2 : Buy at 4195 (12:30 candle) : Sell at 4182 (12:45 candle) Profit =-13


Option - II
If we trade even before 30 min bar completes (i.e. use ExpandFirst in the parameter option) :
Trade 1 : Buy at 4182 (10:40 candle) ; Sell at 4206 (11:10 candle) Profit = +24
Trade 2 : Buy at 4195 (12:30 candle) : Sell at 4182 (12:45 candle) Profit =-13
Trade 3 : Short at 4172 (01:30 candle) : Cover at 4178 (01:50 candle) Profit =-06

Please confirm from your side whether the AFL is giving correct trades or not.
Thanks
------TIZ-----

 

[vicky_ag]

I have tried investbulls but it seems on their website, you cant change the settings for MAs and input your indi's like Stochastics.

 

[ag_fx]

Let me post the trades given by AFL posted above.
We have two options here :
Option - I
If we trade according to completed 30 min bar (i.e. use ExpandLast in the parameter option) :
Trade 1 : Buy at 4182 (10:40 candle) ; Sell at 4206 (11:10 candle) Profit = +24
Trade 2 : Buy at 4195 (12:30 candle) : Sell at 4182 (12:45 candle) Profit =-13


Option - II
If we trade even before 30 min bar completes (i.e. use ExpandFirst in the parameter option) :
Trade 1 : Buy at 4182 (10:40 candle) ; Sell at 4206 (11:10 candle) Profit = +24
Trade 2 : Buy at 4195 (12:30 candle) : Sell at 4182 (12:45 candle) Profit =-13
Trade 3 : Short at 4172 (01:30 candle) : Cover at 4178 (01:50 candle) Profit =-06

Please confirm from your side whether the AFL is giving correct trades or not.
Thanks
------TIZ-----

Here are the trades for the day:

Only accrdn to system.Plz note i covered lots at some partial profits and breakeven.

1)Long 4202 at 10 AM....Cover was 4196 = -6 points
2) Long 4185 at 1040 AM...Cover was 4206 = +21 points
3)Long 4193 at 1230 PM...Cover 4186=-7 points.

The levels cud be a little different.

 

[bandlab2]

Here are the trades for the day:

Only accrdn to system.Plz note i covered lots at some partial profits and breakeven.

1)Long 4202 at 10 AM....Cover was 4196 = -6 points
2) Long 4185 at 1040 AM...Cover was 4206 = +21 points
3)Long 4193 at 1230 PM...Cover 4186=-7 points.

The levels cud be a little different.

ankit, on yr 12:30 trade i have a question. u took trade at 12:30 or 12:35 ? we wait for the current 5 min bar to complete and then enter. when i see the end of 12:30 bar, by that time 5 min stoch went to o/b zone, so is this a valid trade ? at start of this bar, stoch is in normal zone and crossing but at the end it went to o/b zone

 

[ag_fx]

ankit, on yr 12:30 trade i have a question. u took trade at 12:30 or 12:35 ? we wait for the current 5 min bar to complete and then enter. when i see the end of 12:30 bar, by that time 5 min stoch went to o/b zone, so is this a valid trade ? at start of this bar, stoch is in normal zone and crossing but at the end it went to o/b zone

i too had this apprehension...bt u see at the close of the bar of 1230, the EMAs were crossed and so was stoch... at least dats wt i aw on icharts....and dts hw i took da trade.

 

[bandlab2]

one more point. for exit we dont wait for the current 5 min bar to close, we jst need stoch c/o, but sometimes i have obseved the lines come together during 5 min but by end of 5 min bar the they move away which means c/o didnt occur. so should we wait for 5 min to close to exit also? or we exit and enter again on 5 min bar close if stoch c/o dint occur properly