SH's 315 Strategy - how to use if effectively

[rkkarnani]

Respected seniors of this thread ,
I want to know that from where I can get Nifty Future Data (means open,high,low,close price at least 1 year )?
If any member plz help me out in this matter Ill be oblige him/her ..
Thank you all..

Look in TJ , Data Section you may find some old data and request for further data. Unfortunately my data file got corrupted. I had posted there data for almost entire 2010.

 

[gb333]

Dear Experts ,
Below is the 534EMA chart of VIJAYABANK Fut. What should I do. Should I go long/short as per 534EMA rules ?Is 534EMA is more realiable than 315EMA. kindly explain.

Regards
Gautam

 

[umeshmandal]

Dear Experts ,
Below is the 534EMA chart of VIJAYABANK Fut. What should I do. Should I go long/short as per 534EMA rules ?Is 534EMA is more realiable than 315EMA. kindly explain.

Regards
Gautam

Well so difficlut a question to answer by anyone who has not tested it by just looking at the present chart (though it was not visiblein my browser)!! One needs to look at it historically to chart a future course of action. A senior member here uses 13/34 as his basis of trading decisions.. there can be N combinations.
May be you get lucky and someone using 534 responds!!!

 

[anayash]

Nifty 30 min chart! 8th July!

Sell signal generated at the close of the 14:45 candle(market by red line & arrow)

Ideal entry would have been at the slight retracement which had touched the 3 EMA then(the 3 EMA line is now across the candle as the price has fallen...but in RT...it was above it & the price had just touched the 3 EMA on the 2nd last candle before the big fall)!

A good 40 point trade for intraday traders! Exit would have been near the days close!

 

[umeshmandal]

Nifty 30 min chart! 8th July!

Sell signal generated at the close of the 14:45 candle(market by red line & arrow)

Ideal entry would have been at the slight retracement which had touched the 3 EMA then(the 3 EMA line is now across the candle as the price has fallen...but in RT...it was above it & the price had just touched the 3 EMA on the 2nd last candle before the big fall)!

A good 40 point trade for intraday traders! Exit would have been near the days close!

As suggested by rkkarnani and ccmb420(banned from the forum) I have been trading 315 "intraday" with small tweaks to the strategy. One was to wait for entry on crossover for breach of High and Low of the bar crossing by adding/substracting some filter, this reduces the whips. It gives good return... just tweak it make it comfortable for you to trade... this is very important and more important in intraday trades.

 

[gb333]

As suggested by rkkarnani and ccmb420(banned from the forum) I have been trading 315 "intraday" with small tweaks to the strategy. One was to wait for entry on crossover for breach of High and Low of the bar crossing by adding/substracting some filter, this reduces the whips. It gives good return... just tweak it make it comfortable for you to trade... this is very important and more important in intraday trades.

what do u mean by adding/substracting some filter.Kindly explain in detail

 

[umeshmandal]

what do u mean by adding/substracting some filter.Kindly explain in detail

Sorry for not being clear. This is what I meant :
Suppose we get a Sell crossover and the low of the bar that triggers the Sell is 5644... as per this strategy Sell is done the next day at 5644 less filter, say 6 points, so Sell is at 5644 less 6 = 5638.
Similarly if there is a Buy signal with 5644 as high, the Long level would be 5644+7=5650

 

[gb333]

ok..is there any calculation to add/ deduct 6/7 points or its fixed in every case?

 

[gb333]

Sorry for not being clear. This is what I meant :
Suppose we get a Sell crossover and the low of the bar that triggers the Sell is 5644... as per this strategy Sell is done the next day at 5644 less filter, say 6 points, so Sell is at 5644 less 6 = 5638.
Similarly if there is a Buy signal with 5644 as high, the Long level would be 5644+7=5650

ok..is there any calculation to add/ deduct 6/7 points or its fixed in every case?

 

[umeshmandal]

ok..is there any calculation to add/ deduct 6/7 points or its fixed in every case?

No it is not fixed, depends on your analysis of the past for the script or Index.. also differs from Time Frame to Time frame. Same script may have different Filters for 15 , 30 or 60 minutes.