SH's 315 Strategy - how to use if effectively

[Tradewithhunter]

dear SH sir
iam abigginer I am thankful to u for aneasy way of trading
sirji my query is what u mean by EMA
is it < monthly average > if yes the from where we can start calculation

PLEASE GUIDE

EMA = Exponential Moving Average

If you are a beginner, buy or download ' Come into my trading room' or 'Trading for a living' written by Alexander Elder and read it.

A free copy can be downloaded from 4shared.com

Cheers
SH

 

[Pchartis]

Re: 315 Explorer for Metastock

hi twh,
4shared.com
search there for amibroker version 5 and above you might get cracked version.
if you want a genuine one then try reading this,
http://www.traderji.com/forum-sponsors/25169-amibroker-now-available-india.html

and for data feed investbulls.com has a nice utility and try volumedigger.com also for another good one.
sbhav.

hi sbhav
I had downloaded amibroker crack version but it has not showing intraday charts ie minimum time frame is daily. Options to convert time frame to small ie hourly to 5 minutes is disable.This si really diaadvantage. AS their are free EOD charts available. I had tried with getbahvcopy data for EOD charts but cant pull data in ami after following all instructions. Don.t know where I was wrong.

 

[trade man]

dear sh your work is really fantastic.

 

[rvgandhi]

Re: 315 Explorer for Metastock

Use the following to create a new Explorer System in Metastock :

For Up Signal : Cross(Mov(CLOSE, 3, E),Mov(CLOSE, 15, E)) 
-- E Stands for Exponential Moving Average. If you want to use Simple Averages than replace E by S.

For Down Signal : Cross(Mov(CLOSE, 15, E),Mov(CLOSE, 3, E))

and In Filter Column Write  : Cross(Mov(CLOSE, 3, E),Mov(CLOSE, 15, E)) OR Cross(Mov(CLOSE, 15, E),Mov(CLOSE, 3, E))

Thanks... Do we create 2 explorations 1. 315 Up and the other 315 Down or can it be done in a single exploration ..

 

[sbhav]

Re: 315 Explorer for Metastock

hi sbhav
I had downloaded amibroker crack version but it has not showing intraday charts ie minimum time frame is daily. Options to convert time frame to small ie hourly to 5 minutes is disable.This si really diaadvantage. AS their are free EOD charts available. I had tried with getbahvcopy data for EOD charts but cant pull data in ami after following all instructions. Don.t know where I was wrong.

hi pchartis
i will give a detailed reply to you on saturday on setting up amibroker,in case you did not succeed by that time.
kindly excuse me till then since i am preoccupied with som work

sbhav

 

[itprodeepak]

Re: 315 Explorer for Metastock

Thanks... Do we create 2 explorations 1. 315 Up and the other 315 Down or can it be done in a single exploration ..

You can create a single exploration. In one Column You can Write Buy Formula and in second Column you can write Sell Column, so it will give you results in one search only.

 

[Pchartis]

Re: 315 Explorer for Metastock

hi pchartis
i will give a detailed reply to you on saturday on setting up amibroker,in case you did not succeed by that time.
kindly excuse me till then since i am preoccupied with som work

sbhav

hi sbhav
so nice of you, thank in advance
Will definately wait till saturday as I had tried it twice and could not configure.
Regards,

 

[arti]

SH,

Dlf after shorting,as per ur strategy we had to cover in the morning as candle was not touching 3ema.Now it has pulled up and now candle touching 3ema,but nifty is with such a prem that not getting guts to short it again? And suppose i shorted where should i keep sl say my initial entry was 300?

How to handle such scenarios?

 

[Tradewithhunter]

Posting the trading stance on my 20 stocks futures as per 315 (EOD charts). These are just my trading stance and may/may not be my actual positions.

As at close of 25th March 2010

1. Nifty - Longs from 4930, Holding.
2. Bank Nifty - Longs from 8557, Holding.
3. ACC - Longs from 914 booked at 935 today. New Sell signal generated at 935 today!
4. ABAN - Shorts from 1222, Holding.
5. DLF - Shorts from 300, Holding.
6. Unitech - Shorts from 73.85, Holding.
7. ICICI BANK - Longs from 833, Holding.
8. IFCI - Shorts from 51.65, Holding
9. IDBI - Shorts from 119.25, Holding.
10. JP Associate - Longs from 145, Holding.
11. L&T - Longs from 1476, Holding.
12. RCOM - Longs from 165, Holding.
13. Bharti Airtel - Longs from 293, Holding.
14. Reliance - Longs from 1025, Holding.
15. Reliance Capital - Shorts at 780, Holding
16. SAIL - Longs from 218, Holding.
17. SESAGOA - Longs from 364, Holding.
18. SUZLON - Shorts at 73.20, Holding.
19. STERLITE - Longs from 784, Holding.
20. SBI Bank - Longs from 1993, Holding.

All 20 positions, whether short or long, are in profits. This is to prove that even in a bull market, 315 easily identifies stocks that can be shorted and delivers profits in them. Obviosly profits in longs are automatic in bull markets! :cheers:

Cheers
SH

 

[rkkarnani]

Posting the trading stance on my 20 stocks futures as per 315 (EOD charts). These are just my trading stance and may/may not be my actual positions.

As at close of 25th March 2010

1. Nifty - Longs from 4930, Holding.
2. Bank Nifty - Longs from 8557, Holding.
3. ACC - Longs from 914 booked at 935 today. New Sell signal generated at 935 today!
4. ABAN - Shorts from 1222, Holding.
5. DLF - Shorts from 300, Holding.
6. Unitech - Shorts from 73.85, Holding.
7. ICICI BANK - Longs from 833, Holding.
8. IFCI - Shorts from 51.65, Holding
9. IDBI - Shorts from 119.25, Holding.
10. JP Associate - Longs from 145, Holding.
11. L&T - Longs from 1476, Holding.
12. RCOM - Longs from 165, Holding.
13. Bharti Airtel - Longs from 293, Holding.
14. Reliance - Longs from 1025, Holding.
15. Reliance Capital - Shorts at 780, Holding
16. SAIL - Longs from 218, Holding.
17. SESAGOA - Longs from 364, Holding.
18. SUZLON - Shorts at 73.20, Holding.
19. STERLITE - Longs from 784, Holding.
20. SBI Bank - Longs from 1993, Holding.

All 20 positions, whether short or long, are in profits. This is to prove that even in a bull market, 315 easily identifies stocks that can be shorted and delivers profits in them. Obviosly profits in longs are automatic in bull markets! :cheers:

Cheers
SH

Strange!! Could not see a Sell signal in ACC yesterday!!! I am using intraday day to convert it to EOD data, maybe the last half hour averaging is creating the difference!!
I was tracking it for Long only as I was trading it in Cash with 50 shares only, but with Futures chart, I was long from ~775 sometime in November 2009! Did not get a SELL signal till date!!! Would u be kind enough to recheck and post!!
Though on the basis of this post of yours I exited today at 940.45, in fact was looking for something that would make me sell!! Was loosing patience anyways!!!