Quadra Safe Trading Strategy - I

[sr114]

SG

download from this link. you can have nifty data from inception

http://www.4shared.com/rar/VeedTFoP/nse_cash_09032012.html

the data are mostly clean and adjusted with few exception

regards
sr114

 

[SavantGarde]

Hi TP,

If there are enough NF Traders interested, I could request Admin to enable the Chat for a month ...and take you all through the Trades Live....using the GCI MT4 on 5 min. TF....!!!

Hopefully, the exercise will cover most, if not all the idiosyncrasies of price movement....!!!

SG

Now that you have whetted our appetite with 5min charts and trades marked and what not, you must .

 

[timepass]

Hi TP,

If there are enough NF Traders interested, I could request Admin to enable the Chat for a month ...and take you all through the Trades Live....using the GCI MT4 on 5 min. TF....!!!

Hopefully, the exercise will cover most, if not all the idiosyncrasies of price movement....!!!

SG

Chat would be great, but its records/transcripts are ephermal. Also, during the market hours, some members may not be available continuously. If the thoughts could be codified (what is 1 O'clock & 2 O'clock ) beforehand, it will prepare us for better discussion during the chat. But the more I think about chat, the more I like the idea.

See about "Timing the markets"... your charts were basically in the nature of loud thinking, but some guys caught on to it by and by (while others (like yours truly) gave it a bye considering it too esoteric ).

For chat, maybe we can use TWH's chat room or create a free one on those free websites...

 

[SavantGarde]

Chat would be great, but its records/transcripts are ephermal. Also, during the market hours, some members may not be available continuously. If the thoughts could be codified (what is 1 O'clock & 2 O'clock ) beforehand, it will prepare us for better discussion during the chat. But the more I think about chat, the more I like the idea.

See about "Timing the markets"... your charts were basically in the nature of loud thinking, but some guys caught on to it by and by (while others (like yours truly) gave it a bye considering it too esoteric ).

For chat, maybe we can use TWH's chat room or create a free one on those free websites...

Yep working on it......!!!

 

[prabhsingh]

SG

download from this link. you can have nifty data from inception

http://www.4shared.com/rar/VeedTFoP/nse_cash_09032012.html

the data are mostly clean and adjusted with few exception

regards
sr114

Can we use these files to export data to Amibroker?

 

[lvgandhi]

SG
First my thanks.
I have gone through the whole thread now.
Though there are entry plans are there, exit plans are two as of now
1)based on initial and trailing SL
2)Price action based on exhaust candle
If I miss something, please summarize.

Now for AFL
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", IIf(C>O,colorGreen,colorRed), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );

_SECTION_END();

_SECTION_BEGIN("Wilders");
P = ParamField("Price field",-1);
Periods = Param("Periods", 5, 2, 300, 1);
Plot( Wilders( P, Periods ), _DEFAULT_NAME(), colorGreen, ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("Wilders1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 8, 2, 300, 1);
Plot( Wilders( P, Periods ), _DEFAULT_NAME(), colorBlue, ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("Wilders2");
P = ParamField("Price field",-1);
Periods = Param("Periods", 13, 2, 300, 1);
Plot( Wilders( P, Periods ), _DEFAULT_NAME(), colorRed, ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("EMA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 50, 2, 300, 1 );
Plot( EMA( P, Periods ), _DEFAULT_NAME(), IIf(EMA( P, Periods )> Ref(EMA( P, Periods ),-1),colorAqua,colorOrange), ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("Ribbon");
C1= EMA( C, 50 )> Ref(EMA( C,50 ),-1);
C2 = Wilders( C,5)>Wilders( C,8) AND Wilders( C,8) >Wilders( C,13);
C3 = Wilders( C,5)<Wilders( C,8) AND Wilders( C,8) <Wilders( C,13);
C4 = EMA( C, 50 )< Ref(EMA( C,50 ),-1);

Acolor = IIf(C1 AND C2 ,colorDarkGreen,IIf( C3 AND C4,colorRed,colorBlack ));
Plot(2, "ribbon",Acolor, styleOwnScale|styleArea|styleNoLabel|styleNoTitle,-0.5,100);
_SECTION_END();

adjust line breaks.
It gives all wilders MA and EMA and also a ribbon at bottom for long and short points.

 

[lvgandhi]

SG,
In some places, in your Nifty charts, I have long and short entry just after cross of wma5 above or below wma8?
Is my observation correct or it is due to data difference?
If you want I can post a few places.
How to identify flatness of 50EMA? any quantitative norm to be followed or only visual observation?

 

[SavantGarde]

Hi LVG,

Thanks A Lot for the AFL.....!!!

Just overlayed a chart with your AFL.... looks nice...and 50 EMA changing colour is a nice touch......!!!

Coming To Entries & Exits

Conditions of Long Entry

a) When All WWMAs (5, 8 & 13) have crossed above each other respectively... (8 above 13 & 5 above 8)

b) Second condition that 50-EMA is tilted up

When all the above conditions are fulfilled, we keep a Long Entry just slightly above the High of the Candle...with Initial S/L a little lower than either the immediate Swing Low or the recent Biggest Swing Low....!!!

Trailing S/L is thereafter only adjusted a little Below the next Swing Low that forms as the Price action unfolds....& we wait for a candle to Trigger an exit .....!!!

If we have an open position and Price Action unfolding indicates a Gap-Up then the Trailing Exit is moved slightly Higher than HIGH of the previous candle of the Gap-Up Candle....or a little Below the Low of the Gap-Up candle itself (Traders can follow either condition of Gap-up).....!!!

Position of the 50-EMA with respect to WWMAs is not important as long as it has an upward tilt

When an open position Triggers the Trailing S/L... and if all the Long entry conditions are in place we simply Re-enter above the High of the Candle...if the High is not taken out and re-entry is not Triggered and then we simply move the Re-entry to High of the Last Candle...provided all the WWMA and most importantly 50-EMA has an upward Tilt

Will Post a chart a little later to illustrate the above....!!!

SG

 

[SavantGarde]

SG,
In some places, in your Nifty charts, I have long and short entry just after cross of wma5 above or below wma8?
Is my observation correct or it is due to data difference?
If you want I can post a few places.
How to identify flatness of 50EMA? any quantitative norm to be followed or only visual observation?

Hi LVG,

Data I have used is from Getbhavcopy.....so there is a distinct possibility of some error having crept in...but If you could post the chart ...it will be easier for me to resolve... whether there was an error on my part while marking the chart...or something else...!!!

SG

 

[apdd2003]

Hi LVG,

Data I have used is from Getbhavcopy.....so there is a distinct possibility of some error having crept in...but If you could post the chart ...it will be easier for me to resolve... whether there was an error on my part while marking the chart...or something else...!!!

SG

I had the same query as LVG but didnt ask. Now posting the image. All cross overs (wma5<wma8<wma13) happened at white arrow. hence short trigger should be below white line, which never happened.
I may be wrong interpreting your chart, so clarification will help me to understand it better.