Aanat Sir,
I am trying to write your algorithm in metastock format can you please clearly define what the algorithm must do. I have weekend free so it will be great if you can tell me the specification and I ll try to come up with a system. Although not as great as your AFL but something basic that can do the job.
Also wanted to is Savant Sir using the same system to give the daily targets and stop losses? And is the system based on End of day data or Daily data. Many thanks
Go to the first post by Savant in this thread (Chapter II). At the top Savant has given link to my Single MA AFL. Read the post. I have explained the whole algorithm. In case you still require any clarifications, post your query.
i have bought reliance @ around 1087 futures one lot and suddenly the price fell at around 12:10 pm yesterday 11th december and i wasnt even able to put stoploss in the mean time. is there any scop of it to move above that in the near time of two three days or i will have to exit at ssame....
RAJOIL - Had A Huge Jump On Friday...So It Will Perhaps Consolidate...Unless The Jump Was Based On Some Good News From The Company....& If It Breaks Through Fridays High On Monday..Then It Will be Considered An Expansion Breakout