Quadra Safe Trading Strategy - I

[SaravananKS]

Bank Nifty Stop Loss Hit:annoyed:

 

[positionaltrader]

Do we need to close the position in intraday or else wait to see EOD Close..

Just to want to know information. Not traded...

 

[SaravananKS]

S&P Lowers India Out look Nifty Still Trading above 200 Days SMA that and recent low yet to be touched. So if Nifty Breaks 5135 then we can expect atleast 100 Pts fall in nifty

 

[asnavale]

Hi Anant,

Thnaks for the Chart. The scenario has totally changed from a buy as per the chart posted by SG and it has become a sell as per the chart posted by you.

I am long in it - bought @ 16.50. What do you suggest ? Shall I exit looking at the chart posted by you ? Please advise.

Thanks,

Rgds,
SA

Hi Sanju,

GVKPIL gave a buy trigger but that trigger was not confirmed later. As per the Quadra System, after a Buy or Sell trigger should be confirmed by next candle. In case of a Buy trigger the next candle should take out the high of the trigger candle and in case of Sell trigger the next candle should break the low of the trigger candle. GVKPIL never broke the high of trigger candle and in fact gave a Sell trigger. Please keep this first basic rule before taking any position.

-Anant

 

[gb333]

Dear SG
kindly view on the chart

Regards
Gautam

 

[timepass]

Hi Sanju,

GVKPIL gave a buy trigger but that trigger was not confirmed later. As per the Quadra System, after a Buy or Sell trigger should be confirmed by next candle. In case of a Buy trigger the next candle should take out the high of the trigger candle and in case of Sell trigger the next candle should break the low of the trigger candle. GVKPIL never broke the high of trigger candle and in fact gave a Sell trigger. Please keep this first basic rule before taking any position.

-Anant

Anantbhai, I think we need to define a "buy signal" and a "buy trigger" separately, and the filter too.

 

[gb333]

Anantbhai, I think we need to define a "buy signal" and a "buy trigger" separately, and the filter too.

Dear timepass...
is my buy and SL correct?

 

[asnavale]

Dear timepass...
is my buy and SL correct?

Hi Gautam,

It appears from your chart that your welders Mas are not correct. The first MA should be Wilder's(C,5), the second should be Wilder's(C,8) and the third should be Wilder's(C,13). The reference EMA is EMA(C,50). In your chart you appear to have used double Wilder's like Wilder's(Wilder's(C,5)). Correct the averages and see the chart again.

As I am away in another city I am not able to post the correct chart. I am sending this post through my mobile. SG may be able to advise you with the correct chat.

-Anant

 

[gb333]

Hi Gautam,

It appears from your chart that your welders Mas are not correct. The first MA should be Wilder's(C,5), the second should be Wilder's(C,8) and the third should be Wilder's(C,13). The reference EMA is EMA(C,50). In your chart you appear to have used double Wilder's like Wilder's(Wilder's(C,5). Correct the averages and see the chart again.

As I am away in another city I am not able to post the correct chat. I am sending this post through my mobile. TS may be able to advise you with the correct chat.

-Anant

Hey Anant
Is this one correct plz see this one and confirm---

 

[asnavale]

Yes Gautama, it is correct. You may shift the initial stoploss too low off the candle which is two candles before the one you have marked.

-Anant