Sanjay... please read the comment on the chart.....written in Yellow....will explain later....in the evening...Market is going to start in a few minutes...
Thanks. I am aware of the service by Moneycontrol. But that is not real time. I am looking for a service where I get the alert immediately as soon as the price is triggered.
For e.g. if at 10:15 the price is broken the sms is sent. Something like Ventura has for trade execution. Immediately after your trade is executed you get an sms that your trade was executed. Money control sends alerts at regular intervals (not real time).
Please find the chart posted below for some Short Entries and how the Trailing S/L is adjusted and thereafter an example of another fresh short with couple of adds to it....which again is marked how all the Trades are taken out for Trailing S/L....!!!
Haven't marked another fresh short which happens soon after and and another long ...but you will get a good idea of how & why S/L is moved...!!!
Thanks a lot SG, many things are clear now.
By the way, the 50 EMA on chartik's chart seems to be way far from the candles when i compare the chart posted by you. I am thinking if chartink's charts are reliable ?
Dear SG sir and Annat Sir waiting for the AFL , Hope this AFL will take care of everything posted about the rules here like 50 EMA slope etc
If AFL can be prepared then backtest can also be done ..... please sir post your Nifty backtest report on daily time frame as well as lower timeframe like 60min/30min
You have been requesting for a backtest.... while there is a provisional AFL done by Anant .....the strategy is such that at the moment requires visual confirmation.... perhaps later everything can be programmed into AFL...
Anyways ..over the weekend I am going to be post several charts of NF starting from year 2001...!!!
Vertical Dotted Lines present on the chart indicates which Bar the Trailing Exit got Triggered....Light Coloured Vertical Dotted Line is for Short Entries & Red Vertical Dotted Line is Long Entries....!!!
While Thick Yellow Line is for Fresh Short Entries & Thick Light Pink Line is for Initial & Trailing S/Ls
Thick Bright Green for Fresh Long Entries & Thick Red Line for Intial & Trailing S/L...!!!
Dear SG sir and Annat Sir waiting for the AFL , Hope this AFL will take care of everything posted about the rules here like 50 EMA slope etc
If AFL can be prepared then backtest can also be done ..... please sir post your Nifty backtest report on daily time frame as well as lower timeframe like 60min/30min
Guys, those who use charting portal instead of application for Quadrasafe strategy, which one do you use ? iCharts doesn't allow 4 EMAs to be entered, max 3 EMAs allowed. I don't find chartink very reliable.
Guys, those who use charting portal instead of application for Quadrasafe strategy, which one do you use ? iCharts doesn't allow 4 EMAs to be entered, max 3 EMAs allowed. I don't find chartink very reliable.