Quadra Safe Trading Strategy - I

[EagleOne]

Symbol   |  Date  |     Close  | Volume |  Turnover in Lacs|	
BANKBEES | 17Apr |  1049.64   | 2570   |      26.94|

Considering the volume and turnover, IMO, people regularly trading in bankbees should form Bee's Club - on the lines of Lion's Club. Each should consider oneself a sort of VIP Bee, and proudly displays sticker on car's windshield proclaiming that! :lol:

 

[SavantGarde]

Yes as E1 pointed out Volume would be a big concern... if we were to Buy BANKBEES when BNF Triggers entry.....for Instance I remember some years back BNF average volume was less than 25000 contracts per day.....!!!
CNXIT was pathetically low.... on most days less than 100 contracts... and on a good day a whopping 128 contracts.....

Here is todays statistics of NF, BNF & CNXIT Contracts Traded...

NF 7,28,818 Contracts
BNF 1,67,428 Contracts
CNXIT 320 Contracts

SG

 

[SavantGarde]

If Somebody having Intraday Data could test Quadra for 30 & 60 Min. TF on BNF & NF, that could perhaps be better for those who don't have the appetite for Deep S/Ls.....!!!

SG

 

[trade2profit]

Hi,

Maybe small budget traders like me can wait for the pullback and try to buy low in a buy signal when we have formed a new swing low and coming up in the trend. i.e. place buy order near to where we would eventually move our trailing stop loss in a trend.

This way, we may miss the initial trend but with lower risk can be into it. However this may not have the same success% results as provided in Original Strategy which is tested for many backlog years but can be evaluated

Regards,
T2P

Guys, I'm not doubting the strategy or the stoploss or anything. Just wondering what a small budget guy would/should do to take advantage of the trade that has been signalled, and has 91:2 chances of success. Suppose the budget or the risk does not allow the trader to buy the index .... Wondering what options a low-budget trader has

 

[timepass]

Hi,

Maybe small budget traders like me can wait for the pullback and try to buy low in a buy signal when we have formed a new swing low and coming up in the trend. i.e. place buy order near to where we would eventually move our trailing stop loss in a trend.

This way, we may miss the initial trend but with lower risk can be into it. However this may not have the same success% results as provided in Original Strategy which is tested for many backlog years but can be evaluated

Regards,
T2P

:annoyed:
Perhaps we have different definitions of "small". Even buying lower, 1 lot would cost... how much ?? about Rs. 18k.

 

[SavantGarde]

Hi,

Maybe small budget traders like me can wait for the pullback and try to buy low in a buy signal when we have formed a new swing low and coming up in the trend. i.e. place buy order near to where we would eventually move our trailing stop loss in a trend.

This way, we may miss the initial trend but with lower risk can be into it. However this may not have the same success% results as provided in Original Strategy which is tested for many backlog years but can be evaluated

Regards,
T2P

Hi T2P,

One doesn't need to trade the BNF just because it Triggered a BUY... Let's wait for NF to Trigger ....atleast there one can take a position in MNF if the Initial S/L is deep....!!!

Agree completely with you on entering the smaller waves within the bigger Trend....just hope friends here will exhibit some patience.....as this exercise unfolds....!!!

SG

 

[hmp]

Sg sir & ananatji i am fully aware that you are working on afl.till then is there any way to scan the stocks for buy/sell?

 

[SavantGarde]

Hi HMP,

Anant is away for a few days due to some event in the family.....as soon as he is back... will ask him... about scanning/exploration....!!!

SG

Sg sir & ananatji i am fully aware that you are working on afl.till then is there any way to scan the stocks for buy/sell?

 

[Fxtrad]

Hi SG,

Small doubt, do we qualify high/low of the candle as an entry if only all 4 MA are intersecting together single candle or else if 2 ma are intersecting through one candle and other 2 MA are intersecting through another candle and the overall high/low is considered as entry .

Thanks.

 

[SavantGarde]

Hi SG,

Small doubt, do we qualify high/low of the candle as an entry if only all 4 MA are intersecting together single candle or else if 2 ma are intersecting through one candle and other 2 MA are intersecting through another candle and the overall high/low is considered as entry .

Thanks.

Hi Fxtrad,

There are some tweaks to the system.....but if the setup partially qualifies...it would be good to read the Candlestick pattern that have High Probability...!!!

SG