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3x5 maco method |
chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #121 Posted: Fri Oct 12, 2012 10:57 am Post subject: |
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newinvestor wrote: | chetan83 wrote: | I think, today we must have reversed the sell trade to BUY, can any follower tell the exact reversal price? |
Was confused in the last few minutes yesterday, as the values were too close.
Did not reverse the short as 5 EMA close was 5697 and 3 EMA close was 5694 , and hence 3 EMA had not crossed above 5 EMA to trigger the long
was a tough decision as market looked very bullish. |
No issue, i see that u get a long signal today
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satishkadam Yellow Belt
Joined: 01 Apr 2010 Posts: 805
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Post: #122 Posted: Fri Oct 12, 2012 12:34 pm Post subject: |
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chetan83 wrote: | newinvestor wrote: | chetan83 wrote: | I think, today we must have reversed the sell trade to BUY, can any follower tell the exact reversal price? |
Was confused in the last few minutes yesterday, as the values were too close.
Did not reverse the short as 5 EMA close was 5697 and 3 EMA close was 5694 , and hence 3 EMA had not crossed above 5 EMA to trigger the long
was a tough decision as market looked very bullish. |
No issue, i see that u get a long signal today |
Hi
BN and NF still in sell @ per yesterdays NSE Future data
Its difficult to hold on as market.. is giving volatile movements.
Thanks
Satish Kadam
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satishkadam Yellow Belt
Joined: 01 Apr 2010 Posts: 805
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Post: #123 Posted: Tue Oct 16, 2012 3:12 pm Post subject: |
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satishkadam wrote: | chetan83 wrote: | newinvestor wrote: | chetan83 wrote: | I think, today we must have reversed the sell trade to BUY, can any follower tell the exact reversal price? |
Was confused in the last few minutes yesterday, as the values were too close.
Did not reverse the short as 5 EMA close was 5697 and 3 EMA close was 5694 , and hence 3 EMA had not crossed above 5 EMA to trigger the long
was a tough decision as market looked very bullish. |
No issue, i see that u get a long signal today |
Hi
BN and NF still in sell @ per yesterdays NSE Future data
Its difficult to hold on as market.. is giving volatile movements.
Thanks
Satish Kadam |
Hi
So sell continues for both BN and Nifty..
thanks
Satish Kadam
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galrani White Belt
Joined: 23 Oct 2011 Posts: 93
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Post: #124 Posted: Tue Oct 16, 2012 3:18 pm Post subject: |
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Yes both BNF and NF in sell mode now. Last few days have been whipping days where longs signals had been generated intraday but by day end had to revert back to shorts.
It is expected / normal to find such turbulence after a good move of 1000+ points on Bank Nifty
Cheers
Shiva
satishkadam wrote: | satishkadam wrote: | chetan83 wrote: | newinvestor wrote: | chetan83 wrote: | I think, today we must have reversed the sell trade to BUY, can any follower tell the exact reversal price? |
Was confused in the last few minutes yesterday, as the values were too close.
Did not reverse the short as 5 EMA close was 5697 and 3 EMA close was 5694 , and hence 3 EMA had not crossed above 5 EMA to trigger the long
was a tough decision as market looked very bullish. |
No issue, i see that u get a long signal today |
Hi
BN and NF still in sell @ per yesterdays NSE Future data
Its difficult to hold on as market.. is giving volatile movements.
Thanks
Satish Kadam |
Hi
So sell continues for both BN and Nifty..
thanks
Satish Kadam |
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Andre White Belt
Joined: 06 Jun 2012 Posts: 220
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Post: #125 Posted: Wed Oct 17, 2012 12:48 pm Post subject: |
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Just one query...
Are we still folowing 3*5 crossover..or something else...as modified by fellow member....
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satishkadam Yellow Belt
Joined: 01 Apr 2010 Posts: 805
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Post: #126 Posted: Wed Oct 17, 2012 1:17 pm Post subject: |
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Andre wrote: | Just one query...
Are we still folowing 3*5 crossover..or something else...as modified by fellow member.... |
We are still following... 3*5,,,, BN and Nifty is in sell...............
Someone in between had suggested..... 5*8,,,, to reduce intraday whips in nifty.......
thanks
Satish kadam
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #127 Posted: Fri Oct 19, 2012 12:09 am Post subject: |
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chetan83 wrote: | newinvestor wrote: | chetan83 wrote: | I think, today we must have reversed the sell trade to BUY, can any follower tell the exact reversal price? |
Was confused in the last few minutes yesterday, as the values were too close.
Did not reverse the short as 5 EMA close was 5697 and 3 EMA close was 5694 , and hence 3 EMA had not crossed above 5 EMA to trigger the long
was a tough decision as market looked very bullish. |
No issue, i see that u get a long signal today |
Almost after 4 trading days, it seems the crossover has happened for both 3x5 OR 5x8...............NOW BUY.
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newinvestor White Belt
Joined: 16 Feb 2010 Posts: 120
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Post: #128 Posted: Fri Oct 19, 2012 12:30 pm Post subject: |
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Almost after 4 trading days, it seems the crossover has happened for both 3x5 OR 5x8...............NOW BUY.[/quote]
I have been trying to track this system for the last few days. Upon a rough back testing , it seems very good in a trending market.
However, when the market is volatile after a big move, it tends to give whips and a lot of confusion before it launces us on a big move.
So I was wondering if we can add a additional filter to verify the entry ( to cut out the whips).
Can waiting for a DMI crossover ( in addition to the 3/5 Crossover) help in saving the whips.
If we were to adopt this filter, the SELL is still not triggered , as although the 3/5 Sell Crossover happened a few days ago, the DMI Death Cross is yet to happen.
In the current scenario, it would have saved a whip and possibly put us on when the big move actualy happens.
Can anyone give some input on this or any other suggestions?
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #129 Posted: Fri Oct 19, 2012 12:39 pm Post subject: |
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newinvestor wrote: | Almost after 4 trading days, it seems the crossover has happened for both 3x5 OR 5x8...............NOW BUY. |
I have been trying to track this system for the last few days. Upon a rough back testing , it seems very good in a trending market.
However, when the market is volatile after a big move, it tends to give whips and a lot of confusion before it launces us on a big move.
So I was wondering if we can add a additional filter to verify the entry ( to cut out the whips).
Can waiting for a DMI crossover ( in addition to the 3/5 Crossover) help in saving the whips.
If we were to adopt this filter, the SELL is still not triggered , as although the 3/5 Sell Crossover happened a few days ago, the DMI Death Cross is yet to happen.
In the current scenario, it would have saved a whip and possibly put us on when the big move actualy happens.
Can anyone give some input on this or any other suggestions?[/quote]
whats is DMI crossover... sorry but heard it for the first timeq
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newinvestor White Belt
Joined: 16 Feb 2010 Posts: 120
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Post: #130 Posted: Fri Oct 19, 2012 1:09 pm Post subject: |
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whats is DMI crossover... sorry but heard it for the first timeq[/quote]
In charts (premium) activate the indicator Average Directional Index..
The black ADX line measures the strength of the move, and the green line shows positive momentum and the red line shows the negative momentum..
I feel that a 3/5 sell crossover backed by the red DMI crossing to below the green DMI can put us on a big move.. (Which has still not happened)
Members, pls feel free to expand or correct above explanation.
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techtrader2 White Belt
Joined: 20 Dec 2011 Posts: 99
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Post: #131 Posted: Mon Oct 29, 2012 9:32 am Post subject: maco |
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Shiva now that the Trader's Carnival is over we await the modified rules...thanks
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #132 Posted: Mon Oct 29, 2012 9:45 am Post subject: |
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newinvestor wrote: |
In charts (premium) activate the indicator Average Directional Index..
The black ADX line measures the strength of the move, and the green line shows positive momentum and the red line shows the negative momentum..I feel that a 3/5 sell crossover backed by the red DMI crossing to below the green DMI can put us on a big move.. (Which has still not happened)Members, pls feel free to expand or correct above explanation. |
Newinvestor: You are right. But further, crossover is both ways, red DMI over green DMI for bearish and green over red for bullish. And black ADX is always positively drawn and stays above because negative sign is removed from any calculation. Also experiment with diff period taking say 8,8 or 10,10 or 12,12 whichever gives u best results. Regards, Prakash Holla
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galrani White Belt
Joined: 23 Oct 2011 Posts: 93
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Post: #133 Posted: Thu Nov 01, 2012 1:02 am Post subject: Powerpoint presentation from TC2012 |
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Dear Friends
As promised I am attaching the presentation file that I had shared during TC2012.
The version is latest version of Powerpoint, so make sure you have the correct program to open it. I cannot upload in older version of PPT as it makes the file size larger than the allowed 1mb file size
Cheers
Shiva
Description: |
3x5 Maco presentation shared during Traders Carnival (TC2012) |
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Download |
Filename: |
3x5 MACO System.ppt |
Filesize: |
894.15 KB |
Downloaded: |
992 Time(s) |
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Mungerilal White Belt
Joined: 19 Apr 2012 Posts: 27
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Post: #134 Posted: Thu Nov 01, 2012 2:18 am Post subject: Re: Powerpoint presentation from TC2012 |
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galrani wrote: | Dear Friends
As promised I am attaching the presentation file that I had shared during TC2012.
The version is latest version of Powerpoint, so make sure you have the correct program to open it. I cannot upload in older version of PPT as it makes the file size larger than the allowed 1mb file size
Cheers
Shiva |
Thank you sir!!
Regards
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amolvpatankar White Belt
Joined: 23 Jun 2011 Posts: 104
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Post: #135 Posted: Thu Nov 01, 2012 8:26 am Post subject: |
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THE EXCELLENT WORK DONE SIR..A LOT OF EFFORTS TAKEN..HIGHLY APPRECIATE YOUR MOTIVE ..GOD BLESS U..THROUGHOUT
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