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3 , 15 EOD EMA Cross over trades |
amitkamble White Belt
Joined: 12 Jun 2011 Posts: 3
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Post: #541 Posted: Mon Jan 05, 2015 7:58 pm Post subject: |
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sirji,
want ur opition ........want to avoid whipsaws in stocks.....if we observe macd 65,130,45 is positive & above zero,we only go for long trade,neglect short crossover....will it work? bcoz high beta stock like dlf,jindal steel,jpassociates gives very large moves. taruj wrote: | stevenmat wrote: | Raj and taruj
I dont think this strategy works effectively for stocks.. I've myself monitored several stocks but it generally gives equal amounts of opportunities and misses.. which we obviously dont want... Hence please use this only for Nifty..
I was on holiday for a week.. but as vinaysaab pointed out there was a crossover EOD on 1st.. So if you had bought calls on 1st.. you would be sitting at decent profit..
So good luck !!
cheers
stevenmat |
Hi Steven,
Thanks for your views.
I am following the trades as per a slightly faster entry ( and early exits ). Not very graceful exits always . the profits are phenomenal in this system.
I agree that it may not work as well in Stocks, however still wanting to believe and doing backtests in various stocks and BNF.
This is the list BankNifty, Hindunilvr, LT, SBIN, Tatasteel, Tatamotors, TCS.
Maybe I will find what I am looking for maybe it will fizzle out..
Have a very happy and healthy new year .
Regards, |
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simply.index White Belt
Joined: 28 Jun 2014 Posts: 158
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Post: #542 Posted: Tue Jan 06, 2015 3:17 pm Post subject: |
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3-15 crossover in nifty and bank nifty. |
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RAJDESAI1967 Yellow Belt
Joined: 19 Mar 2013 Posts: 518
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Post: #543 Posted: Tue Jan 06, 2015 4:16 pm Post subject: ema crossover |
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culd u pls post teh chart showing the crossover.. For study purpose./
thnks |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #544 Posted: Tue Jan 06, 2015 4:49 pm Post subject: |
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I am not sure it crossed below after official closing though it certainly didn't in NF. |
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #545 Posted: Tue Jan 06, 2015 4:59 pm Post subject: |
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NF: bearish crossover of 3-15 is confirmed. |
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taruj White Belt
Joined: 20 Apr 2011 Posts: 260
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Post: #546 Posted: Tue Jan 06, 2015 5:05 pm Post subject: |
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vinay ji.. I think you mean "didn't in BNF"
Just attaching the charts..
NF Confirmed
BNF A bit FAR.. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #547 Posted: Tue Jan 06, 2015 5:15 pm Post subject: |
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tks vinst, taruj. NF confirmed? I wonder why my chart doesn't show it. what about NS? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #548 Posted: Tue Jan 06, 2015 5:29 pm Post subject: |
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vinay28 wrote: | tks vinst, taruj. NF confirmed? I wonder why my chart doesn't show it. what about NS? |
yes, it did on both. tks again |
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Gemini White Belt
Joined: 28 Apr 2009 Posts: 166
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Post: #549 Posted: Sat Jan 10, 2015 11:00 am Post subject: |
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Hello friends,
NS ADX has dropped to 15 on daily TF (ref. J premium) and hence I expect whipsaw to continue. I am adding this post here to help us examine performance of 3/15 crossover strategy under low ADX conditions.
Happy Trading ! |
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satishkadam Yellow Belt
Joined: 01 Apr 2010 Posts: 805
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Post: #550 Posted: Sat Jan 10, 2015 12:30 pm Post subject: |
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Gemini wrote: | Hello friends,
NS ADX has dropped to 15 on daily TF (ref. J premium) and hence I expect whipsaw to continue. I am adding this post here to help us examine performance of 3/15 crossover strategy under low ADX conditions.
Happy Trading ! |
Can you post the chart...
Thanks
Satish
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #551 Posted: Sat Jan 10, 2015 12:34 pm Post subject: |
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hi Gemini,
still it is better to take all trades.
the reason for performance during low adx period would be directed at avoiding some trades. But the overwhelming factor is that large gain trades emerge in low adx period. which trade would be that: 1st, 2nd, 3rd...? after that adx would be trending again.
so i guess it's almost impossible to beat the collective assessment of the masses unless any trading rules are followed to the hilt. I am saying this after doing huuuge studies through computer codes on nearly 100 trading systems for around 10 yrs.
However, as learners, I too wud be looking forward to your feedback on 3-15 perf during low adx periods. |
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Gemini White Belt
Joined: 28 Apr 2009 Posts: 166
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Post: #552 Posted: Sat Jan 10, 2015 2:52 pm Post subject: |
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Vinst,
Thanks for sharing your experience. I do agree that once decided to follow a system, it is better to follow all signals. May be during low adx period , one can be more vigilant / have reduced quantity.
Happy Trading. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #553 Posted: Sat Jan 10, 2015 5:32 pm Post subject: |
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vinst wrote: | hi Gemini,
still it is better to take all trades.
the reason for performance during low adx period would be directed at avoiding some trades. But the overwhelming factor is that large gain trades emerge in low adx period. which trade would be that: 1st, 2nd, 3rd...? after that adx would be trending again.
so i guess it's almost impossible to beat the collective assessment of the masses unless any trading rules are followed to the hilt. I am saying this after doing huuuge studies through computer codes on nearly 100 trading systems for around 10 yrs.
However, as learners, I too wud be looking forward to your feedback on 3-15 perf during low adx periods. |
Thankyou Vinst |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #554 Posted: Sat Jan 10, 2015 7:21 pm Post subject: |
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Gemini wrote: | NS ADX has dropped to 15 on daily TF and hence I expect whipsaw to continue. |
Gemini: Valid observation. There is an excellent book by Dr Schaap = "ADXcellence" where he focuses on ADX based trading.
Another key would be volume. (As there is no trading in NS, we can consider volume in NF)
In short, be alert as soon as Stevemat's excellent trigger shows crossover but hold back a little if both ADX AND volume= LOW. Enter as soon as both improve. That may be the way to avoid whipsaws
Prakash Holla |
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Gemini White Belt
Joined: 28 Apr 2009 Posts: 166
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Post: #555 Posted: Sun Jan 11, 2015 4:44 pm Post subject: |
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Sh. Prakash : Thanks. Will definitely read the book.
Sh. Satish: Chart is enclosed for reference. |
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