SH's Intraday Strategy - ELH5

[kamalkishoreit]

I am asking @FanaticTrader, as if you compare his charts with ICharts, entries are more clear for yesterday's trade, so was just curious to know more abt that s/w.

i dont know if you are aking me or not
if you asking me im using the amibroker

 

[THE LORD]

I am asking @FanaticTrader, as if you compare his charts with ICharts, entries are more clear for yesterday's trade, so was just curious to know more abt that s/w.

any way nice talking to you man

 

[FanaticTrader]

@fanatic_trader,
can you please tell me which type of spider software you are using ( free or paid ).
And if paid what are the charges of this and its accuracy.

Hey Kamal

Spider Software allows you to use trial version (which is abs free of cost) but only for 10 days and then you have option of either moving on some other tool or subscribing to their package. I have been using Spider for over year now. As far as charges are concerned its around 45K PA. Accuracy is 100% as data is being directly pulled in from dedicated servers which fetch data from NSE

 

[Tradewithhunter]

Today six intra trades all profitable ... 120 points profit using EHL5

Cheers
SH:thumb:

60 points profit today in 3 trades ......

180 points in just two days ......

Patience is a virtue ......

Cheers
SH

 

[jayan12]

Date 28-01-2011

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[jayan12]

60 points profit today in 3 trades ......

180 points in just two days ......

Patience is a virtue ......

Cheers
SH

I took 3 trades today.... lost 20 points got 40 points ... Altogether gain 20 points... Not bad.

 

[veluri1967]

Hey Kamal

Spider Software allows you to use trial version (which is abs free of cost) but only for 10 days and then you have option of either moving on some other tool or subscribing to their package. I have been using Spider for over year now. As far as charges are concerned its around 45K PA. Accuracy is 100% as data is being directly pulled in from dedicated servers which fetch data from NSE

Hi Fanatic,

I am presently using Amibroker for EOD analysis. I download EOD data directly from NSE site and process as per my requirement and use it in Amibroker. That means nothing costs me for this exercise.

Is Spider Software a separate program like Amibroker or a web based software? Its web page does not give any details about it.

For intraday trades (Ofcourse I do it very rarely), I use Sharekhan's Tradetiger.

 

[FanaticTrader]

Hi Fanatic,

I am presently using Amibroker for EOD analysis. I download EOD data directly from NSE site and process as per my requirement and use it in Amibroker. That means nothing costs me for this exercise.

Is Spider Software a separate program like Amibroker or a web based software? Its web page does not give any details about it.

For intraday trades (Ofcourse I do it very rarely), I use Sharekhan's Tradetiger.

Frnd, as long as you are using EOD data it data in Amibroker or data in Spider hardly matters. It is important when we are using the tool in real time mode i.e. Live feed of data. Most of the data service providers for Amibroker have latency when pushing data in tool. Also for tools provided by most of the brokers there could be some delay ( I am not sure about this). As far as Spider is concerned its a stand alone tool just like Amibroker or Metastock.

 

[akrsrivastava]

The prices during the early part of the day (on 27th) seemed to be outside the EMAH/EMAL range. Somewhere on this thread SH had mentioned to wait for the prices to come inside the range before taking a trade. Therefore I ignored the early few signals.
I took just two short trades today
Short at 5670 at 1110 candle.Exit at 5650 at 1325 candle
Short at 5650 at 1355 candle.Exit at 5630 at 1505 candle
20 points each trade.
Amit

Possible Trades for 27/01/2011

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[FanaticTrader]

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