Stocks To Keep A Close Eye On

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hi savant sir,i have heard lot abt u in this forum.i have a small request to help me out of my problem.i want to know about ABAN offshore.last month while doing intraday aban fell drastically making me lose 50000 rupees and i converted some shares to dellivery.since then all my money entirely got stuck and aban never came to my entry price of 1652.since one month i have not traded anything except staring at the computer daily for aban to go up ahich never happened.do you have any ides when i could get out of this situation?reply is much much much appreciated
thanks
 

SavantGarde

Well-Known Member
Hi SonuSanat,

Hmmmm...I Suggest Yo Wait Till Thursday Next Week...& Thereafter, We Shall Decide What To Do.....Ok

I Think...You Should End Up With Decent Profit...

Piece Of Suggestion, It Is Better To Hold Scrips For A Few Days...In My Opinion In A Trending Market It Gives Far More Profit....


Happy & Safer Investing

SavantGarde

hi savant sir,i have heard lot abt u in this forum.i have a small request to help me out of my problem.i want to know about ABAN offshore.last month while doing intraday aban fell drastically making me lose 50000 rupees and i converted some shares to dellivery.since then all my money entirely got stuck and aban never came to my entry price of 1652.since one month i have not traded anything except staring at the computer daily for aban to go up ahich never happened.do you have any ides when i could get out of this situation?reply is much much much appreciated
thanks
 

kenneth

Well-Known Member
This is a system taken from BeyondTechnical Analysis by Tushar Chande.
The definition of an extraordinary opportunity as used here is simple. Use a 50-day SMA and plot a 3-percent trading band around it. Then a 7-day SMA must cross outside the upper or lower band to com-plete the identification of extraordinary markets. Thus, if the 7-day SMA. crosses above the upper 3-percent band, an upside extraordinary situation is declared. A converse definition is applicable for bearish markets. The best scenario is that the market follows through vigorously in the direction of the established trend. The worst scenario is that the market teases you for a day or two before returning into a congestion zone. Then use an initial stop to close out the trade.
I woulld like to put the system in Amibroker AFL. I tried but the Buy & Sell signals were not correct. Please help me to get the buy and sell signals correctly. The AFL I tried is as under,
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();

_SECTION_BEGIN("MA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 50);
Plot( MA( P, 50 ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("Percent Bands");
P = ParamField("Price field",-1);
Periods = Param("Periods", 15, 2, 100, 1 );
Width = Param("Width%", 2, 0, 10, 0.05 );
Color = ParamColor("Color", colorCycle );
Style = ParamStyle("Style");
CenterLine = MA( P, Periods );
Plot( (1 + Width * 0.01) * CenterLine, "%EnvTop" + _PARAM_VALUES(), Color, Style );
Plot( (1 - Width * 0.01) * CenterLine, "%EnvBot" + _PARAM_VALUES(), Color, Style );
_SECTION_END();

_SECTION_BEGIN("MA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 7);
Plot( MA( P, 7 ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("MA2");
P = ParamField("Price field",-1);
Periods = Param("Periods", 65);
Plot( MA( P, 65 ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();

Buy =BarsSince(Cross(MA(Close,7),((1 + width * 3)*50))) <=1;
Sell =BarsSince(Cross(MA(Close,7),((1 - Width *3)*50))) <=1;

Please help and test the system afl.
Khartik's AFL for the same
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);


mYCOLOR=colorRed;
P = ParamField("Price field",-1);
Periods = Param("Periods", 50, 2, 100, 1 );
Width = Param("Width%", 3, 0, 10, 0.05 );
MaPeriods = Param("MaPeriods", 7, 2, 14, 1 );
CL = MA( P, Periods );
Plot( CL, "MA" + _PARAM_VALUES(), colorRed, styleLine );
ET=(1 + Width * 0.01) * Cl;
EB=(1 - Width * 0.01) * Cl;
S=MA(C,MAperiods);
Plot(ET , "%EnvTop" + _PARAM_VALUES(), colorBlue, styleLine );
Plot( EB, "%EnvBot" + _PARAM_VALUES(), colorBlue, styleLine );
Plot( S, "MA" + _PARAM_VALUES(), colorOrange, styleLine );

Buy=BarsSince( Cross(s,ET))<20 AND Cross(C,HHV(Ref(H,-1),10))AND C>ET;
Sell=BarsSince( Cross (EB,s))<5 AND Cross(C,LLV(Ref(L,-1),10));
MYcolor = IIf( s>ET ,colorGreen, colorRed);
PlotOHLC( Open, High, Low, Close, "", Mycolor, styleBar );

shape = Buy * shapeUpArrow + Sell * shapeDownArrow;


PlotShapes( shape, IIf( Buy, colorGreen, colorRed ),0, IIf( Buy, Low, High ) );

GraphXSpace = 5;
dist = 1.5*ATR(10);

for( i = 0; i < BarCount; i++ )
{
if( Buy ) PlotText( "Buy\n@" + C[ i ], i, L[ i ]-dist, colorGreen );
if( Sell ) PlotText( "Sell\n@" + C[ i ], i, H[ i ]+dist, colorRed);
}




_SECTION_END();

Regards
Ken
 
Hi SonuSanat,

Hmmmm...I Suggest Yo Wait Till Thursday Next Week...& Thereafter, We Shall Decide What To Do.....Ok

I Think...You Should End Up With Decent Profit...

Piece Of Suggestion, It Is Better To Hold Scrips For A Few Days...In My Opinion In A Trending Market It Gives Far More Profit....


Happy & Safer Investing

SavantGarde
thank you very much sir for your kind reply and giving me hopes.I have left my merchant navy job to do trading as i love trading so much.Hope to learn lot from you in future.
thank you very much
 

rizuk

Well-Known Member

rizuk

Well-Known Member
Our own chandrayaan has found water on moon.
i am a big fan of the company coca cola & want to invest in it.


Regards,
Rishi
Rishi it appears you like liquid things a lot . . you are very happy because chandrayaan has found Water on the moon . . and now as a fan you want to invest in Coca Cola :D It means you must be also waiting for Juicy item :D
 
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