Time To Stick My Neck Out "Nifty 5000"

[sikandar]

Uasis
So in daytrading using pivote strategy, can we back test pivote? that means r3 r2 r1 p s1 s2 s3.

 

[uasish]

Review at 1.25pm

Nifty Fut High is 4354.40 ; unable to cross our pre-mkt 1st Resistance point.Let us see how it pans out.

Review at 2.58pm :=

Nifty Fut High is 4354.40 ; unable to cross our pre-mkt 1st Resistance point.Now another 30mins to go ,let us see.

Sikander,
With clear difened criterions any thing can be back-tested.
Asish

 

[raosrinivas]

UAsish,

based on your posts, i felt that you are fascinated by mechanical trading systems, i was also very confident about them but my interest had waned over the years. is it possible for you run the system using 1000 stocks over a period of 5 years and let me know the yearly appreciation of portfolio, don't worry about the starting capital, just buy when a buy signal is generated and sell when a sell signal is generated.

i did try to tweak buy and sell signals based on the observation i made using winning stocks, but unfortunately i could not filter the loosers out, so roughly 50% of loosing stocks also generate the signals thereby neutralising the portfolio's advantage

thanks

 

[uasish]

raosrinivas,
All child gets fascinated by new toys,how can i be exception,only wise guys knows these are going to wane away.
Asish

Review at 3.26:=
Our pre-mkt 1st Resistance point was just 0.80 points above to-days Nifty Fut High of 4354.60.Nifty Fut could not surpass that 0.80 points to-day ,let us see how today's EoD Data unfolds for to-morrow.

 

[sikandar]

Have a look at back test report for nifty fut for 4years

 

[uasish]

UAsish,

based on your posts, i felt that you are fascinated by mechanical trading systems, i was also very confident about them but my interest had waned over the years. is it possible for you run the system using 1000 stocks over a period of 5 years and let me know the yearly appreciation of portfolio, don't worry about the starting capital, just buy when a buy signal is generated and sell when a sell signal is generated.

i did try to tweak buy and sell signals based on the observation i made using winning stocks, but unfortunately i could not filter the loosers out, so roughly 50% of loosing stocks also generate the signals thereby neutralising the portfolio's advantage

thanks

Sikander has already done one on Nifty,you can have a look.

http://www.traderji.com/106546-post327.html

 

[uasish]

I am 1 of the Biggest fool in this world,could not smell yesterday's last lap Rally was only a Bear Rally,was more busy yesterday in gloating with joy with my Indus Ind Bank Short,should have initiated a Short yesterday in Nifty,this is what few sporadic wins does,makes complacent .
The Mean Reversion was evident in the chart,however all can say that after looking at the Right side of the chart.

I was also not aware ,the above qouted post proves that.Now a days we are so busy with Jurick ,blah blah that our most well practiced traditional RSI(14) ,was ignored.
It was in fact shouting from the top of it's voice to tell us about a break in trend from 25th July evening.The LEFT of chart was telling us ,but we blamed poor DOW !!
This is always found that after the event we are v.good Analyst.

 

[Gaurav Kumar]

Nifty Fut Day's Level:
Resistance := 4355.20 /4396.55 / 4421.10 ;
Support:= 4276.95 / 4246.30 / 4219.35 ;

Dear Asish,

Saw this post today...

I have used pivots in the past, but gave up when i thought they do not work...

Your levels seem interesting to me. i have just seen one day's post but shall follow up again today onwards...

Are these standard calculations or have bene tweeked a bit?

If you have tweeked them a bit from the standard, would you kindly let us know...

with best wishes,

Gaurav Kumar

 

[uasish]

Gaurav,
These are derived,some times from RSI or MA or Fib level,but not the traditional one.
Asish

 

[Gaurav Kumar]

Dear Asish,

I thought so. Can you tell us how you calculate?

Thanks,

With best wishes,

Gaurav kumar