SH's Intraday Strategy - ELH5

[bhaskar145]

New buy trigerred...........

 

[summasumma]

Using TT, o 5935, h 5939, l 5931, c 5934. EMAH 5932.

Hi Bhaskar, how r u using TT (IIFL?) data?
Are you using any plugin or tool which takes from TraderTerminal and feed into Amibroker?
If so, plz let me know. Iam also using TT. But donno how to take that feed to Amibroker.

Any help is highly appreciated.

Thanks,
...summasumma

 

[bhaskar145]

Am using TradeTiger of Sharekhan.

2nd sl trigerred. No more trade today.........

 

[amitava82]

Last 3 days has been bad :\

 

[summasumma]

Last 3 days has been bad :\

can anyone post the nifty chart on todays trade?

 

[aryabhatta]

Last 3 days has been bad :\

good thing i havent started as im still waiting for my broker a/c to be opened :lol:

 

[vikas2659]

Well i believe evry system gets bad wen i start trading on it...:lol:...so i take first trade only & wanted others to earn..by nt taking other trades....bt still it went bad..

 

[summasumma]

Well i believe evry system gets bad wen i start trading on it...:lol:...so i take first trade only & wanted others to earn..by nt taking other trades....bt still it went bad..

Vikas, if that is the case when every system goes bad once u start ttrading in it , then u can do one thing.... when the system give buy - u go short and when system give sell - u go long :lol:

 

[jayan12]

I think that we should consistently follow the system and I hope the success rate will be more than 80 % as SH mentioned in his first post.

 

[bhaskar145]

Hi all,

IMHO this is momentum based trend following system. Directional bias is high when there's a close beyond EMA's & we enter on retracement/rally expecting trend to continue. As all trend following system this one is also bound to be jerky when market is ranging like last couple of days. If u notice u can see that a simple oscillator based system would have given u a healthy profit last 3 days. Hence we shd all wait for the market to trend & then start making profit using this system again.