Pride's Intra-Day Strategy [Profit Everyday]

[Satyen]

God these stochastics have made permanent home above 80..

In my view dont fall into indicators over bought/ over sold conditions when market trending

 

[metushar]

Thanks Satya, the above post was pertaining to this method only.....currently papertrading it, and have decided not to trade till the oscillator come in neutral zone atleast once in higher TF.

 

[radha55]

No trade triggered today.

Exceptional day.

Entire day the 5MA was above 13 EMA.

No cross over.

 

[prabit]

Between I backtested BankNifty.....(20th May to 14th July) total 39 trading days, net profit = 928, maximum in a day =152, maximum negative =-82, avergage =23.9, negative days = 11, no trade = 2

Bank Nifty has very high volatility in tersm of returns....will be working on a little tweak to find out when to go aggressive in this,
One thing more, one need to persist in this system and take every trade even after 3 PM irrespective of losses, rarely i got 4 trades in a day, 12 times i got more than 2 trades out of 39.

Hi Metusar,thanks for posting backtesting result.For every trade are u following 30 mns chart also?

 

[metushar]

Hi Metusar,thanks for posting backtesting result.For every trade are u following 30 mns chart also?

Yes, everything according to the rules listed on first page. Some aggressive trades of EMAs touching and moving away also taken......

 

[radha55]

sell getting generated

 

[columbus]

Day trading is like 20-20 match.
Even toughest targets are easily achieved and
sometimes even easy targets are toughest to achieve.

 

[skr]

Hello Radha55,
From whigh sight you are taking this chart?
SKR

 

[metushar]

will look to short now....

 

[radha55]

no cross over happened.