Quadra Safe Trading Strategy - I

[SavantGarde]

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.

It is extreme tilt down on the WWMAs.... and trigger for short was placed because the EMA had a tilted down.........but then one never knows.... what unfolds in the future....!!!

SG

 

[sr114]

Prabhsingh
yes you can.

regards
sr

 

[lvgandhi]

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

SG
Thank you very much.
Your previous post cleared all my entry doubts. It may be only question of data.
Regarding exit and rentry also thanks for clarification.
However in one 5 min chart you have also did exit based exhaust candle ie red candle after a long green candle.
Any more exit strategies based on price action or other indicators.
Further I would like your views regarding determining flatness of 50 EMA.
AFL posted by me takes care of all entry criteria and accordingly ribbon color changes.

 

[SavantGarde]

SG
Thank you very much.
Your previous post cleared all my entry doubts. It may be only question of data.
Regarding exit and rentry also thanks for clarification.
However in one 5 min chart you have also did exit based exhaust candle ie red candle after a long green candle.
Any more exit strategies based on price action or other indicators.
Further I would like your views regarding determining flatness of 50 EMA.
AFL posted by me takes care of all entry criteria and accordingly ribbon color changes.

Hi LVG.

Presently, I am just posting the 5 min. Charts for possible Entry and Exit... and perhaps some exception...for a benefit of a few .... it requires a different set of rules to Trade the 5 min..perhaps even by entirely doing away with 13 WWMA... and even changing the 50-EMA to 21-EMA... anyways it is time consuming... and Fridays move has made the appearance of the Chart on MT4 very awkward to work with.....So let's concentrate on the Daily...!!!

Please find the Chart plotted with Your AFL....and conditions are annotated on the chart as far as Initial Entry & Initial S/L Placement... will post the chart again later with Trailing S/Ls ....Re-entry if Trailing S/L gets Triggered and also an example of Gap-up....!!!

SG

 

[sunilrhs]

SG,

Just drawn few trendlines on nifty spot and it look likes immediate support is at 5225 and if it is taken out then it can head towards 5070.

Feedback will be welcomed by fellow members also...

Sunil

 

[SavantGarde]

Hi Sunil,

Considering NF did touch 5000 on Friday doing brisk business....sadly it doesn't show up in the Data downloaded...... guess we need to keep a watch on what happens during forthcoming week......considering BNF had already triggered a BUY a few days back... looking at correlation.... I would be looking for an upside, if not before the expiry...then definitely on Friday....!!!

SG

 

[timepass]

Hi Sunil,

Considering NF did touch 5000 on Friday doing brisk business....sadly it doesn't show up in the Data downloaded...... guess we need to keep a watch on what happens during forthcoming week......considering BNF had already triggered a BUY a few days back... looking at correlation.... I would be looking for an upside, if not before the expiry...then definitely on Friday....!!!

SG

OTOH, till Friday, we have had 40 sessions since 22nd Feb, the day it touched 5630 and climbed down. Another 10 sessions and the 50EMA line will be completely in the down zone since 22nd Feb.

On yet another hand (for the three handed ones), it's Sunday evening and I'm just browsing.. will get serious later at night

 

[mfire]

SG
For the first time I am trying to include chart image in my post. Please give your views on LT
Mfire

 

[SavantGarde]

SG
For the first time I am trying to include chart image in my post. Please give your views on LT
Mfire

Hi MFire,

LT is in No Trade Zone as per QSTS.....!!!

SG

 

[SavantGarde]

Hi TP,

Was looking at MT4 for tweaks... because of the huge down bar on Friday... rest of the Candles are looking pretty awkward to work with.... Let a couple of days go by and then will have re-look at the 5 Min. Chart again.....!!!

SG