Pride's Intra-Day Strategy [Profit Everyday]

[MurAtt]

Investbulls gives FREE realtime NF charts --- only thing is it is J-CHarts - both NSpot and NFut are given with some scrips added up like JindatStainless, FSL, Praj etc.

The link is : hxxp://invesxbulls.com/jCharxs/rx.php (replace ALL x with t)

You should have Java and a registration with IB.

 

[lazytrader]

I checked the image for 9th July (chart of yahoo and investbulls) they were exactly same.

To answer ur query i tried to view the investbulls Intraday chart section today morning. but it was not updated iwth latest charts.

Can u update the image of ur real time chart which u follow here with the 5 and 13 EMA settings.

I will see it.

I am updating with IB charts itself since everyone is following the same. (People using other charting software will also see the difference with yahoo)

http://img232.imageshack.us/img232/3055/xver.png

If you look at the attached picture (Nifty Spot in both) you will notice that the red rectangle I have marked show the 5,13 EMA crossover after the second red candle whereas in the yahoo the crossover happed after the first red candle.

I now know the why the difference - notice the shape of the candlesticks. See how difference they are. It is because the yahoo charts is not a 5 min chart but a 4min 17 sec chart! Notice the first 5 min candle in the yahoo chart - there are 2! One is a 23 sec candle and other a 4 min 17 sec candle. So in a yahoo chart you have 14 candles/hr which means the 5 EMA takes into consideration the closing prices of past 21.5 minutes instead of 25 mins in a regular 5min chart. The difference is greater in case of 13 EMA.

 

[radha55]

I am updating with IB charts itself since everyone is following the same. (People using other charting software will also see the difference with yahoo)

If you look at the attached picture (Nifty Spot in both) you will notice that the red rectangle I have marked show the 5,13 EMA crossover after the second red candle whereas in the yahoo the crossover happed after the first red candle.

I now know the why the difference - notice the shape of the candlesticks. See how difference they are. It is because the yahoo charts is not a 5 min chart but a 4min 17 sec chart! Notice the first 5 min candle in the yahoo chart - there are 2! One is a 23 sec candle and other a 4 min 17 sec candle. So in a yahoo chart you have 14 candles/hr which means the 5 EMA takes into consideration the closing prices of past 21.5 minutes instead of 25 mins in a regular 5min chart. The difference is greater in case of 13 EMA.

I think we can live with that difference which u have pointed out.

I appreciate ur effort of this deep study.

I cant do anything to this because, i directly use the yahoo chart, i dont generate my own chart.

For me, i think we can live with this difference.

Also, i am attaching the image of the similarity between the two charts.

 

[narul]

Hello radha55,
1.30 min. chart - You have a bar every 30 min.like you see one bar for every day in a normal daily price chart. Intra day softwares provide 1, 5,10, 15, 30 and 60min. charts.
2. The following web provides fairly good intraday chart at reasonable cost. Rs 350/month.
http://www.icharts.in/
Hope it helps.
narul

 

[radha55]

If the charts at below location are useful to you, you can use during market hours and also after maket hours for analysis.

************

One is the original location.
The other is a backup location in case the first one is down.

 

[joy.edakad]

Hello all

I see many guys are looking for free charts. The best chart u can get is @ http://in.quote.com, it is from eSignal. Finding the symbols may be a little difficult. For cash the format is nsesymbol.EQ-NSE eg. LT.EQ-NSE. futures charts are also there. For this month's nifty, symbol is NIFTY N9-NSF.

Regards to all

 

[perfecttip]

Anyone tried converting this method for EOD charts ? I think positional trades will give better returns with this same method.

I am experimenting with Metastock EOD with 5 DMA and 13 DMA and the same stochastic setting. The ratio of the moving average timeframe remains the same, i.e. 5/13.

 

[perfecttip]

lets hope forthe best.. i think there will be god results.. will update my experience for sure..

 

[ag_fx]

Anyone tried converting this method for EOD charts ? I think positional trades will give better returns with this same method.

I am experimenting with Metastock EOD with 5 DMA and 13 DMA and the same stochastic setting. The ratio of the moving average timeframe remains the same, i.e. 5/13.

lets hope forthe best.. i think there will be god results.. will update my experience for sure..

Will eagerly wait for ur results.

 

[perfecttip]

Thanks friend.. that was inspiring..