SH's 315 Strategy - how to use if effectively

[ashwani chadha]

system looks to be quite successfull,i have opened this thread to day and reading the link provided for summary of the thread,being a commodity trader,i will use it at commodity,i feel it is going to work very well and shortly will share the result of commodity at the thread

dear tradewithhunter,first of all i thank you for introducing ,a very successful 315 system of trading
as i am also using one of the most advance system of trading,so after going through your system,just to check,i removed most of the material from my mts and added strateg 315 on it,the results were amazing!!!
being a commodity trader ,i tested it on lead and zink
the results were like this
lead-short trade open-114--got second position entry at 101/90--saturday closing 98/55 amazing!!
zink-short open 104/75--got second position entry at99.70--got third position entry at 98/10---saturday closing94/75
both trades are still open on short side
all the result are extraordinary-once the momemtum is built-this can be one of the best strategy(these are only ten day trading results)
thanks once again

 

[narengreddy]

Some one pls post the excel sheet for calculating EMAs if possible please give formula also

Thanks in advance

 

[abhi_neth]

Some one pls post the excel sheet for calculating EMAs if possible please give formula also

Thanks in advance

Excel sheet has already been posted twice in the thread. Request everyone to go through the thread, to find most of their requirements, rather than posting the same query again & again.

Anyways, here is the link to the post.
http://www.traderji.com/technical-a...gy-how-use-if-effectively-378.html#post590459

 

[abhi_neth]

Also, formula for calculating EMA's are as follows:

EMA = (today's price * K) + (Yesterday's EMA * (1-K))
where, K = 2/(N+1),
N = number of day's in EMA

For Eg:

For 3EMA, N=3
K=2/(3+1) = 0.5

3EMA = (today's price * 0.5) + (Yesterday's EMA * 0.5)

 

[trade4joisar]

being a commodity trader

Somewhere in this thread, SH has also suggested 5, 34 EMA for commodity, Never checked but just thought to share with you.

I also traded Gold, Silver on this with 315, it works great.

 

[umeshlp]

Also, formula for calculating EMA's are as follows:

EMA = (today's price * K) + (Yesterday's EMA * (1-K))
where, K = 2/(N+1),
N = number of day's in EMA

For Eg:

For 3EMA, N=3
K=2/(3+1) = 0.5

3EMA = (today's price * 0.5) + (Yesterday's EMA * 0.5)

But, how to calculate Yesterday's EMA?

Jokes apart, if you don't have 'Yesterday's EMA', you can take EMA = SMA for yesterday (SMA= total of consecutive 3 days prices /3)

 

[Tradewithhunter]

3 EMA not touching today so booked profit in shorts again (2nd time in this swing)

waiting for 3 EMA to be touched now for getting back into shorts.

Cheers
SH

 

[gambler]

Today I didnt noticed 3EMA touch. But last time i booked 80 points when on 2nd day 3EMA was not touching.

Thanks!

3 EMA not touching today so booked profit in shorts again (2nd time in this swing)

waiting for 3 EMA to be touched now for getting back into shorts.

Cheers
SH

 

[RAJESHROHRA]

3 EMA not touching today so booked profit in shorts again (2nd time in this swing)

waiting for 3 EMA to be touched now for getting back into shorts.

Cheers
SH

sir
can you post me the chart for 3 ema not touching for my understanding !!!

 

[CASPER]

TradewithHunter...,

I just happened to make few cartoons on certain Prominent Member's of "TJ"...,

Definitely NO offense meant (And W.r.t to TradewithHunter How Could it ever be " I have never interacted with you Nor have I ever posted on your Thread ...." )

http://www.traderji.com/derivatives/42863-nifty-50-future-trends-327.html#post591395

Did come up with a few earlier on Others as well...

http://www.traderji.com/derivatives/42863-nifty-50-future-trends-318.html#post590521

http://www.traderji.com/derivatives/42863-nifty-50-future-trends-315.html#post589727

Hope you didn't get offended...,

Cheers,