Trading the Enterprise...!

[jallanankit]

system USP :
1. detects trend change very early
2. doesnt like to keep trade open for more than 3-4 bars if the order flow is not strong in the direction of the trade. This leaves no room for a trader to go into the HOPE mode.
3. if the orderflow is strong, then it trails the trade is one of the best way i have seen so far. Once a trade is in profit, it will try to capture at 20-25 point profit as soon as possible.
4. It trades the NOW and doesnt have any bias. A falling market and if price momentum is neutral to bullish on the short term, it'll go for long. Most of us will be shaken by the directional move and refuse to take contra unless the pivot high / low is broken. BIAS kills most traders. This system knows it is a scalper and hence has no bias. worst case it knows damage wont be more than 12 points.
5. it delays the EXIT while keeping the entry immediate. It makes a world of a difference as most trader will delay the entry and exit immediately...! confirmation leads to bad trade location. Most traders learn that the hard way, but have no choice as confirmation is needed to filter bad trades.
6. Its cheap...for Rs 1700, its a good bargain...!


system drawback :

1. It has too many trades for a system designed on 5 min tf. A trader with high brokerage cant afford to trade this system. But again, a trader with high brokerage has no business trading like a scalper....!

2. The data needs to be be of good quality. For a scalper, it is very important to have such data anyway if anyone want to be active scalper.

3. Back test report assumes everyone is trading with RKG, i.e. less than 2 points for breakeven. Safe assumption is, people trade with 1 paise brokerage or use zerodha's 20 rs per trade or RGK. Either of the 3, will mean a guy will need maximum 3 points to break even.

4. backtest results give the maximum points that was possible for that given day. Trader has to assume that he will have slippages and bad entry / exits and remove at least 20% of the points projected. If system says, 500 points per month, trader has to assume he will get roughly 400 per month....!

kya explanation diya hai dada...

This is wat i was expecting from u..!!

And when i was asking u in the day abt the backtest report, i wanted in exact nos what has been the exact no of calls and exact profit points earned by the system for a FULL month.. A full month can b a good consideration for marking the merits and demerits of any system... I will b even more happier if u can share 3 months backtest report..

I require only the following values for the backtest..

1.No of calls in the month..
2. Profit in points(Do not consider brok as diff people have different brok plans and as the no of trades are there, we can calculate brok for ourselves..)
3. MAXIMUM drawdown the system has taken..

Waiting for ur reply..

 

[nilesh53333]

system USP :
1. detects trend change very early
2. doesnt like to keep trade open for more than 3-4 bars if the order flow is not strong in the direction of the trade. This leaves no room for a trader to go into the HOPE mode.
3. if the orderflow is strong, then it trails the trade is one of the best way i have seen so far. Once a trade is in profit, it will try to capture at 20-25 point profit as soon as possible.
4. It trades the NOW and doesnt have any bias. A falling market and if price momentum is neutral to bullish on the short term, it'll go for long. Most of us will be shaken by the directional move and refuse to take contra unless the pivot high / low is broken. BIAS kills most traders. This system knows it is a scalper and hence has no bias. worst case it knows damage wont be more than 12 points.
5. it delays the EXIT while keeping the entry immediate. It makes a world of a difference as most trader will delay the entry and exit immediately...! confirmation leads to bad trade location. Most traders learn that the hard way, but have no choice as confirmation is needed to filter bad trades.
6. Its cheap...for Rs 1700, its a good bargain...!


system drawback :

1. It has too many trades for a system designed on 5 min tf. A trader with high brokerage cant afford to trade this system. But again, a trader with high brokerage has no business trading like a scalper....!

2. The data needs to be be of good quality. For a scalper, it is very important to have such data anyway if anyone want to be active scalper.

3. Back test report assumes everyone is trading with RKG, i.e. less than 2 points for breakeven. Safe assumption is, people trade with 1 paise brokerage or use zerodha's 20 rs per trade or RGK. Either of the 3, will mean a guy will need maximum 3 points to break even.

4. backtest results give the maximum points that was possible for that given day. Trader has to assume that he will have slippages and bad entry / exits and remove at least 20% of the points projected. If system says, 500 points per month, trader has to assume he will get roughly 400 per month....!

people like u should be awarded for knowledge sharing. hats off to u. :!

 

[msa5678]

system USP :
1. detects trend change very early
2. doesnt like to keep trade open for more than 3-4 bars if the order flow is not strong in the direction of the trade. This leaves no room for a trader to go into the HOPE mode.
3. if the orderflow is strong, then it trails the trade is one of the best way i have seen so far. Once a trade is in profit, it will try to capture at 20-25 --------------

at least 20% of the points projected. If system says, 500 points per month, trader has to assume he will get roughly 400 per month....!

Rightly Explained, Sir. Thanks for the knowledge imparted so far. And hope you continue to guide us in the future.

 

[linkon7]

hellow, today 7 short 2 buy
analyser said 46 point
iget 47 point last short i lucky holding for candle complete but next candle fall and i closing 5065 - this one i getting short excuting 5088 chart say 5094
brokrage - 18 point
for porkrett - 29 point

So far, you seem to have mastered the system very well...! :thumb::clap::clapping:

Kya doctor ki tarah nerve pakadta hai...! excellent...! :clap::thumb:

Personally i have to unlearn a lot of things and have to develop a new mold to achive ur level of success...!

 

[kgsirasangi]

Thts a very impressive number..!!

350 points after deducting 3 point brok..so wats the no of trades. Can u pls clarify linkon sir..

I had given 6 months gains as per analyser in following thread.:


http://www.traderji.com/amibroker/5...llnifty-stockmaniac-dts-system-dhavin-31.html


same is reproduced below for ready reference :

backtest of The_enterprise afl ia as follows

On investbulls data, no of points gain as per analyser are as follows


----------------5mts-----15mts

april2011--------599 ----- 300

may2011--------383----- 358

june2011---------393----- 320

july2011---------517----- 400

august2011------602---- 769

sept2011--------808----- 654



regards


I have not given in this no of trades.
Now however I do not have this system.
I have not subscribed to this system.
Hope others who have the system will help you further.

Regards

 

[linkon7]

I require only the following values for the backtest..

1.No of calls in the month..
2. Profit in points(Do not consider brok as diff people have different brok plans and as the no of trades are there, we can calculate brok for ourselves..)
3. MAXIMUM drawdown the system has taken..

Waiting for ur reply..

97 calls this month.

if i exclude the brokerage, then

Total profit = 61,680 points (100 shares)

winner : 61 trades
looser : 26 trades

avg profit : 1353.61
avg loss : 437.50

other stats would be :
Max. trade drawdown -2800.00
Max. trade % drawdown -0.58 %
Max. system drawdown -3560.00
Max. system % drawdown -0.61 %
Recovery Factor 18.77
CAR/MaxDD 1505.60
RAR/MaxDD 5467.50
Profit Factor 5.24
Payoff Ratio 3.09
Standard Error 2678.18
Risk-Reward Ratio 493.47
Ulcer Index 0.16
Ulcer Performance Index 5876.89
Sharpe Ratio of trades 43.17
K-Ratio 0.2168

 

[linkon7]

here is the trade list this month, (without any brokerage)

 

[linkon7]

BUT, as a nifty scalper, brokerage is supposed to account for half your expenses...!

assuming 3 points as brokerage and 2 lots trades, we have

97 trades, 56 winners (strike rate of 57.73%)

System gained Rs 37,820 till date, after excluding brokerage.

avg profit is 1160
avg loss is 662

profit factor is 2.39
sharpe ratio of trades is 24.30
risk reward ratio is 353.37

out of the 378 points gain, I am assuming i would have captured at least 300 (20% discount)

Inder would have gone 400 atleast...!

 

[DiwaliCrackers]

I am doing soooo hard work...working atleast 16 hrs for a korean based company and earning 21999/- Per month.....m so jealous

BUT, as a nifty scalper, brokerage is supposed to account for half your expenses...!

assuming 3 points as brokerage and 2 lots trades, we have

97 trades, 56 winners (strike rate of 57.73%)

System gained Rs 37,820 till date, after excluding brokerage.

avg profit is 1160
avg loss is 662

profit factor is 2.39
sharpe ratio of trades is 24.30
risk reward ratio is 353.37

out of the 378 points gain, I am assuming i would have captured at least 300 (20% discount)

Inder would have gone 400 atleast...!

 

[DiwaliCrackers]

One more thing deduct 30% tax on derivatives....

97 calls this month.

if i exclude the brokerage, then

Total profit = 61,680 points (100 shares)

winner : 61 trades
looser : 26 trades

avg profit : 1353.61
avg loss : 437.50

other stats would be :
Max. trade drawdown -2800.00
Max. trade % drawdown -0.58 %
Max. system drawdown -3560.00
Max. system % drawdown -0.61 %
Recovery Factor 18.77
CAR/MaxDD 1505.60
RAR/MaxDD 5467.50
Profit Factor 5.24
Payoff Ratio 3.09
Standard Error 2678.18
Risk-Reward Ratio 493.47
Ulcer Index 0.16
Ulcer Performance Index 5876.89
Sharpe Ratio of trades 43.17
K-Ratio 0.2168