Pride's Intra-Day Strategy [Profit Everyday]

[GRORICH]

Hi

If you are using amibroker then you can plot the higher TF stock on the same chart (different panel), using the following code

_SECTION_BEGIN("Stochastic_30_MINS");
periods = Param( "Periods", 8, 1, 200, 1 );
Ksmooth = Param( "%K avg", 3, 1, 200, 1 );
Dsmooth = Param( "%D avg", 4, 1, 200, 1 );


_SECTION_END();

Sir,

Could you kindly clarify whether the formula for Stochastic is for 30 minutes TF or 5 minute TF ? If it is for 30 minute TF , could you post the formula for 5 minute TF. Or my doubt is very silly ?
Thanking you, in advance.
Grorich

 

[Nanda]

Hello Nanda,
I am using following code.

_SECTION_BEGIN("Stochastic %K");
_N(Title = StrFormat(" {{DATE}} {{VALUES}}" ));

SK = StochK( 8 , 3);
SD = StochD(8 , 3, 4 );

Colour = IIf(SK < SD, colorRed,IIf(SK > SD, colorGreen,colorYellow));

Plot(SK , "%K", colour, ParamStyle("Style") );
Plot(SD , "%D", colorBlue, ParamStyle("Style") );

PlotShapes(Cross(SK,SD)*401,colorBrightGreen,0,SK);
PlotShapes(Cross(SD,SK)*400,colorRed,0,SD);
_SECTION_END();

SKR

dear SKR


Thanks for your response

 

[metushar]

skr posted the yesterday chart, almost similar, didnt took the second trade because 30 min indicators were still above 80 after so many bars......refer ST da's thread on oscillators.

Between Radha, loosing 85% of the capital in 3 days is serious. You should refer to money management thread on traderji or search for Teach a Man how to Fish thread from Saint before you even think of trading. Money Management is the most important thing in trading to last a long time.

Cheers,
Tushar

I want to know how.

Please post the charts with whatever method you followed.

I would be more than thankful.

 

[metushar]

No short position till both the slow n fast stoch come below 80...

 

[metushar]

aggressively longed at 11.40 bar close.....

Out at 12.20

 

[manojkch]

aggressively longed at 11.40 bar close.....

Stoch on 30 was in overbought zone at that time. What factor forced you to take that aggressive long? pl explain

 

[manojkch]

Have you exited Tushar on stoch crossover?

 

[prabit]

aggressively longed at 11.40 bar close.....

Out at 12.20

Hi Metushar,
r u actual trading or paper trading?

 

[metushar]

prabit i am paper trading....

 

[metushar]

Stoch on 30 was in overbought zone at that time. What factor forced you to take that aggressive long? pl explain

Manoj...i went long but wouldn't have gone short for 30 min in overbought zone, remember ST da's oscillator thing if overbought or more than 5 bars more upmove left so gone long......and have backtested on this basis as well........was out at 12.20 bar close........paper trading.....will begin trading on this after 2-4 weeks of real time paper trading......