Stocks To Keep A Close Eye On

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SavantGarde

Well-Known Member
Re: Stocks To Keep A Close Eye On 16th Apr 2009

'JAI BABA'

Stocks To Keep A Close Eye On 16th Apr 2009

NEW BUY / SELL TRIGGERS

Code:
______________________________________________
NAME		 CMP	SIGNAL	S/L-1	 S/L-2
______________________________________________

WOCKPHARMA	  92.95	BUY	  81.40	  82.50


______________________________________________



Please Note SELL Triggers Are There Only For The Day It Triggers
& Thereafter It Is Removed From The List The Following Day


NOTE: Dated 02/04/2009

Please Note Henceforth, Existing Triggers Will Be Updated Bi-Weekly, While Fresh Triggers Will Be Updated Daily[/U]



Happy & Safe Trading


SavantGarde
 
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lancer

Well-Known Member
Re: Stocks To Keep A Close Eye On 16th Apr 2009

'jai baba'

stocks to keep a close eye on 16th apr 2009

new buy / sell triggers

Code:
______________________________________________
name		 cmp	signal	s/l-1	 s/l-2
______________________________________________

wockpharma	 268.95	buy	 266.55	 259.05


______________________________________________



please note sell triggers are there only for the day it triggers
& thereafter it is removed from the list the following day


note: dated 02/04/2009

please note henceforth, existing triggers will be updated bi-weekly, while fresh triggers will be updated daily[/u]



happy & safe trading


savantgarde

CMP 92.95 or 268.95 ?

Thanks
 
Thanks Savant,

I sincerely appreciate all your kind advises & guidance, it gives me encouragement and hope.

As most of us take interest in trading only to substitute their monthly income and plan their future, so whatever advise you give it really goes a long way.

In people like yourself we see peers & mentors who without seeing each other selflessly help other.

Do you conduct any training or meet in person, if yes, i would be glad to meet you on my next trip to India/mumbai.

Rohit Ranade
 
Hi Savant,

Looking at the Market watch (BSE/NSE) rise since the past few weeks, looks very attractive.

Need you advise; Should i wait ? or Should i proceed to trade.

Will the upcoming elections have any effect on the market, since it is also in the midst of recession & people are being laid off.

Kind of confused, at the moment.

RK
 

vicky_ag

Well-Known Member
Vicky, Vicky, Vicky !!!

What You Have Pointed Out In The Chart Is Correct In Both Instances

Notice How It Jumped Up In The Actual Crossover, Second Instance Is When I Gave The BUY Trigger Which Is Confirmation, Therefore If You Go Through Some Back Posts, You Will Know What I Am Talking About, This Is In Discussion With Me & Doc.

First Instance As Doc Coined The Term 'Golden Entry'...Whereby One Can Squeeze Some More Profit Out Of The Entry....& Check The Chart Of Hundred Stocks Atleast & See What Happens After The Crossover Is The 'Golden Entry' Consistent.

20 DMA Means 20 Day Moving Average

Doc, DJSinha & And Others Have Worked Out The AFL For AmiBroker, Therefore, Please Request Doc Here In This Thread & I Am Sure He Will Oblige.

I Dont Have Any AFL, Cause I Neither Have MetaStock, AmiBroker Or Any Of The Commercially Available Software.....What I Have Is Already Buried Somewhere In This Thread.....:)


Happy & Safer Trading

SavantGarde
Savant Sir,
Please put up a chart on the 20 DMA, 50 DMA calculations, I am getting confused how the differences between those two can actually give you a profit target? Also, after a crossover do we need a confirmation of the trend?

@ Doc Vijay,
Can you please put the AFL for me once more? I hav looked through 150 pages wih no luck. :(

Looks like next two nights are again going to be slepless, putting the data 52 week data to Ambibroker. :(
 

docvijay4u

Well-Known Member
Hello Vicky,

Welcome!!! And Thanks For Participating In Discussion.

Ok, Here Is AFL Code:-

I. First Part:-

================================================== ==

_SECTION_BEGIN("Price MA BB");

Plot(MA(C,5),"MA C 5", colorRed,styleLine);
Plot(MA(C,6),"MA C 6", colorBlack,styleLine);
Plot(BBandTop( Close, 9, 2 ), "BBandTop 9 2", colorBlue,styleLine);
Plot(BBandBot( Close, 9, 2 ), "BBandBot 9 2", colorBlue,styleLine);
Buy = Cross(MA(C, 5), MA(C, 6));
Sell = Cross(MA(C, 6), MA(C, 5));

_SECTION_END();

================================================== ====

What Does It Tells?

a. Plotting SMA 5
b. Plotting SMA 6
c. Plotting BB 9, 2 Top
d. Plotting BB 9, 2 Bottom
e. Buy- where 5 SMA crosses 6 SMA
f. Sell- where 6 SMA crosses 5 SMA

Here I Didn't Find BB Array Method To Choose It As SMA( For Plotting Only, Nothing To Do With Trigger). But If You Use Above Code And Additionaly Check BB With Drag 'n' Drop Method Choosing Price Field With 'Average' You Will Get Exactly Same Picture. So I Think You Can Use It Safely. If I Find Any Update, I Will Definately Post It.

II. Second Part:-

Let Us Say We Want To Check Highly Liquid Stock Only(Of Course For B/S Trigger), You Can Use Following Code. Whatever Little I Know, It Uses Value(Vol.) For The Day You'r Scanning:

================================================== ==

_SECTION_BEGIN("Price MA BB");

Plot(MA(C,5),"MA C 5", colorRed,styleLine);
Plot(MA(C,6),"MA C 6", colorBlack,styleLine);
Plot(BBandTop( Close, 9, 2 ), "BBandTop 9 2", colorBlue,styleLine);
Plot(BBandBot( Close, 9, 2 ), "BBandBot 9 2", colorBlue,styleLine);
Buy = Cross(MA(C, 5), MA(C, 6)) AND V > 250000;
Sell = Cross(MA(C, 6), MA(C, 5)) AND V > 250000;

_SECTION_END();

================================================== ====

Here In This Case It Uses Value More Than 2.5 Lakh. If You Want To Adjust It Just Change 250000 To Desired Value.

III. Third Part:-

Let Us Say We Want To Use Average Volume For Last Five Days. Then Code Will Go Like This:-

================================================== ==

_SECTION_BEGIN("Price MA BB");

Plot(MA(C,5),"MA C 5", colorRed,styleLine);
Plot(MA(C,6),"MA C 6", colorBlack,styleLine);
Plot(BBandTop( Close, 9, 2 ), "BBandTop 9 2", colorBlue,styleLine);
Plot(BBandBot( Close, 9, 2 ), "BBandBot 9 2", colorBlue,styleLine);
Avg_vol = (Ref(Volume,-4)+ Ref(Volume,-3)+ Ref(Volume,-2)+ Ref(Volume,-1)+ Volume)/5;
Buy = Cross(MA(C, 5), MA(C, 6)) AND Avg_vol > 250000;
Sell = Cross(MA(C, 6), MA(C, 5)) AND Avg_vol > 250000;

_SECTION_END();

================================================== ====

Yes, You Guessed Right It Represents Average Volume For Last Five Days 2.5 Lakh. You Can Adjust This Value For Your Need As Mentioned In 2'nd Part.

IV. Fourth Part:-

If Signals Are Too Many. We Might Need To Stick To Only Stronger One. In Case Of Buy Trigger, Stock Which Closed Above Opening And In Case Of Sell Trigger, Stock Which Closed Below Opening Should Represent Some Strength Than Rest Other. If You Want To Filter Out This Way, Then Here Is A Final AFl Code:-

================================================== ==

_SECTION_BEGIN("Price MA BB");

Plot(MA(C,5),"MA C 5", colorRed,styleLine);
Plot(MA(C,6),"MA C 6", colorBlack,styleLine);
Plot(BBandTop( Close, 9, 2 ), "BBandTop 9 2", colorBlue,styleLine);
Plot(BBandBot( Close, 9, 2 ), "BBandBot 9 2", colorBlue,styleLine);
Avg_vol = (Ref(Volume,-4)+ Ref(Volume,-3)+ Ref(Volume,-2)+ Ref(Volume,-1)+ Volume)/5;
Buy = Cross(MA(C, 5), MA(C, 6)) AND Close > Open AND Avg_vol > 250000;
Sell = Cross(MA(C, 6), MA(C, 5)) AND Close < Open AND Avg_vol > 250000;

_SECTION_END();

================================================== ====

V. Fifth Part:-

You Can Always Switch Between Volume, Avg Volume , Open Close Filter. To Find Best Suited Way For You. I Think This Sums Up All Whatever I Know.

- Please Make Sure To Remove Dotted Lines, Code Is In Between Those Dotted Line. Then Go To Analysis > Formula Editor > Paste Code Here > Rename > Save. Now It Should Appear In Custom Folder.

- To Plot SMA And BB Just Drag 'n' Drop AFL File In Custom Folder To Graph. Please Check Rajendrani And PKamlesh Post From This:
http://www.traderji.com/amibroker/27489-help-need-afl-savantjis-system.html.

- If You Want Scan EOD Data For Trigger Then Go To Analysis > Automatic Analysis > Pick AFL > Select Date For Which You Want To Scan Data > Hit Scan. Aaha....!!! Now You Should See Triggers.

Now EveryOne Should Find It Easy To Use. Thanks To EveryOne Especially SavantJi, Dj,Rajendrani, PKamlesh For Guidance, Without Guidance Even Simpler Thing Becomes Difficult.

For Future Update And Easy To Find Code Please Check This Thread:- http://www.traderji.com/amibroker/27489-help-need-afl-savantjis-system.html

Thanks:)

@ Doc Vijay, Can you please put the AFL for me once more? I hav looked through 150 pages wih no luck. :(
 
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