Quadra Safe Trading Strategy - I

[SavantGarde]

Amibroker Charts posted so far have been done with basic AFL that Anant has created....need to incorporate quite a few things before Anant is able to finish the AFL and upload it...!!!

SG

Can somebody work on afl for this wonderful strategy?

 

[timepass]

Later SL was again moved up to below the 13:35-13:40 candle @ 2166.05. A Sell order to exit was placed @ 2180.65 at 13:00. When the price came near the target, the target was moved up to 2187.65 at 13:55.

You are able to place SL and sell order both ?? Or did you have to cancel the SL order to place the Sell order ?

 

[bikashkumar11]

Everyone,

I use trade tiger for smas I get the same colors red or green, can I edit the color in this particular software. It also seems that we don't have any wielder ma in it SG has suggested to use sma...the doubt SG also mentioned those 5,8 and 13 MA,s are Fibonacci series. Does it serve the same purpose even by 3 othe sma.

 

[asnavale]

Precisely articulated Anant Ji but except for one thing which I couldn't understand. The exit target was predefined using some other method, I guess. I've failed to notice any exit strategy in this thread so far. Not sure if SG or you have mentioned it anywhere in this thread apart from 50 EMA cross over

Hi Sudris,

The Target was not decided by any strategy as such. As SG had told I had decided to exit the same day when using Time Frames less than 1 hour. Therefore, when the High was made after the break out from the range bound region and the SL moved to 2166 levels, I decided the target to be above the High and placed the exit order @ 2180.85. I was watching the movement continuously thereafter and as the price was nearing the target I raised it and again when it came near to this new target I raised it to 2187.65. At the same time I got call from RM from my broker that around 2190 would be the final target (he is watching my trades closely) I tried to increase to 2190 level but before that the order was executed.

-Anant

 

[asnavale]

You are able to place SL and sell order both ?? Or did you have to cancel the SL order to place the Sell order ?

NO TP. The SL is not placed in the system. It is mentally noted. The Sell order was placed in the system and modified from time to time till executed.

-Anant

 

[SavantGarde]

Hi Bikash,

I have quoted Sudris' post below for corresponding EMAs incase Wilder's MA is not available for some reason....Hope that will solve the issue...!!!

SG

Everyone,

I use trade tiger for smas I get the same colors red or green, can I edit the color in this particular software. It also seems that we don't have any wielder ma in it SG has suggested to use sma...the doubt SG also mentioned those 5,8 and 13 MA,s are Fibonacci series. Does it serve the same purpose even by 3 othe sma.

Hello Anant Ji,

Indeed, its a combined effort of you and SG sir. Kudos to you two :clap:
As far as distractions are concerned, you are correct that now there wont be any.

Although it's an individual's choice to modify, I suggest other guys to not compare and try to make a hybrid out of it as it may add a bit of confusion if not more. This way the thread's moment and ideologies/strategies can be grasped easily and most important, clearly.

by the way, Anant Ji,
for those who don't have Wilder's MA can use EMA of (2n-1) where n = number of periods of Wilder's MA.

So in this case one can use the following EMAs:
EMA(9) ~ Wilder's MA(5) (2*5-1=9).
EMA(15) ~ Wilder's MA(8)
EMA(25) ~ Wilder's MA(13).

Although 9, 15 and 25 do not fall in Fibonacci, the EMAs of these correspond approx/exactly(in Amibroker) to the required Wilder's MA that we need as per this strategy.
It would be great to have your inputs for the EMAs.

 

[hmp]

Since wilder 5 ema is below 13 how come this is buy?

 

[SavantGarde]

POWERGRID Daily

SG

Since wilder 5 ema is below 13 how come this is buy?

 

[ayush2020]

Some Quadra based scrips for Long & Short...EOD Data.....for 12/04/2012......!!!

LONG

ALBK
ANDHRABANK
CHAMBLFERT
DHANBANK
GMDCLTD
POWERGRID
PUNJLLOYD
TATACOFFEE
TATAGLOBAL
UNIONBANK
UCOBANK

SHORT

ABAN
BAJAJ-AUTO
CROMPGREAV
GRASIM
MERCATOR
SUNTV


Conditions for Long Entry is a little above the High of 11/04/2012 & for Short Entry, a little lower than the LOW of 11/04/2012.

Initial S/L for Long will be a little lower than the LOW of recent Swing Low
Similarly, initial S/L for Short will a little higher than the HIGH of the recent Swing High....!!!

If any of the charts for the above is required...will try and post it....!!!

SG

SG sir i want charts for aban and bajaj auto ... just with mentions of sl and entry...

 

[SavantGarde]

SG sir i want charts for aban and bajaj auto ... just with mentions of sl and entry...

SG