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3x5 maco method |
rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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Post: #151  Posted: Sun Nov 18, 2012 9:37 pm Post subject: |
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| galrani wrote: | http://nseindia.com/products/content/derivatives/equities/historical_fo.htm
Check this link
| kingkrunal wrote: | | galrani wrote: | The open high low close figures in the excel file are from nse only :lol
I have given the data from 2005 june onwards.
| rakpeds wrote: | | galrani wrote: | It is attached in the powerpoint slide.
| rakpeds wrote: | galrani sir... can u upload the excel file to track the 3 ema 5 ema and reversal points...
thnx in advance |
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yes got the sheet thnx sir.. just one more query...
how to get the past bnf fut 1 month future data from nse?
there i can see contract wise data only 
i want past data so |
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rakpeds and galrani bhai... the excel contains data till 5oct.. now the Oct series is over so hw to get the data of that series from nse. as the Nov is being shown |
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galrani sir... wow... been working on the sheet for few days...
one very imp query:
- Why the Iday whips are multiplied by 2 in comparision sheet sir?
If i count from the column iday whips its 13k but in comparision sheet you have multiplied by 2? Please let me know the reason..
Also
one more idea to reduce intra whips ...
- When reversal order is filled , put another reversal order at the reversal price in case rather than waiting till 3.30... but yes the purpose of not continually watching market is betrayed but a bit useful ,... not in case of gap days but ../ |
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kommall15
White Belt
Joined: 20 Feb 2009
Posts: 65
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| Post: #152 Posted: Mon Nov 19, 2012 9:08 am Post subject: WHAT IS THIS METHOD?? |
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RESPECTED SIR,
I AM EAGER TO KNOW THIS METHOD. CAN YOU EXPLAIN THIS METHOD AGAIN???
THANKS AND REGARDS,
MR. KOMMALL |
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galrani
White Belt
Joined: 23 Oct 2011
Posts: 93
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| Post: #153 Posted: Mon Nov 19, 2012 9:56 am Post subject: |
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Hi
You have to double your loss na?
For example you are long 1 lot at 5700 in NF
You get a sell signal at 5650 and you cover your longs and go short (2 lots - one to cover your long and one to go short)
By end of day Nifty goes up and closes at 5700 (which is above the reersal point of 5650) so you buy back the two lots shorted
Net result in point - Intraday whipsaw of 50 points
Net result in 2 lots * 50 points = 100 points
Hope I am clear in explaining
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | http://nseindia.com/products/content/derivatives/equities/historical_fo.htm
Check this link
| kingkrunal wrote: | | galrani wrote: | The open high low close figures in the excel file are from nse only :lol
I have given the data from 2005 june onwards.
| rakpeds wrote: | | galrani wrote: | It is attached in the powerpoint slide.
| rakpeds wrote: | galrani sir... can u upload the excel file to track the 3 ema 5 ema and reversal points...
thnx in advance |
|
yes got the sheet thnx sir.. just one more query...
how to get the past bnf fut 1 month future data from nse?
there i can see contract wise data only
i want past data so |
|
rakpeds and galrani bhai... the excel contains data till 5oct.. now the Oct series is over so hw to get the data of that series from nse. as the Nov is being shown |
|
galrani sir... wow... been working on the sheet for few days...
one very imp query:
- Why the Iday whips are multiplied by 2 in comparision sheet sir?
If i count from the column iday whips its 13k but in comparision sheet you have multiplied by 2? Please let me know the reason..
Also
one more idea to reduce intra whips ...
- When reversal order is filled , put another reversal order at the reversal price in case rather than waiting till 3.30... but yes the purpose of not continually watching market is betrayed but a bit useful ,... not in case of gap days but ../ |
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rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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| Post: #154 Posted: Mon Nov 19, 2012 11:00 am Post subject: |
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| galrani wrote: | Hi
You have to double your loss na?
For example you are long 1 lot at 5700 in NF
You get a sell signal at 5650 and you cover your longs and go short (2 lots - one to cover your long and one to go short)
By end of day Nifty goes up and closes at 5700 (which is above the reersal point of 5650) so you buy back the two lots shorted
Net result in point - Intraday whipsaw of 50 points
Net result in 2 lots * 50 points = 100 points
Hope I am clear in explaining
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | http://nseindia.com/products/content/derivatives/equities/historical_fo.htm
Check this link
| kingkrunal wrote: | | galrani wrote: | The open high low close figures in the excel file are from nse only :lol
I have given the data from 2005 june onwards.
| rakpeds wrote: | | galrani wrote: | It is attached in the powerpoint slide.
| rakpeds wrote: | galrani sir... can u upload the excel file to track the 3 ema 5 ema and reversal points...
thnx in advance |
|
yes got the sheet thnx sir.. just one more query...
how to get the past bnf fut 1 month future data from nse?
there i can see contract wise data only
i want past data so |
|
rakpeds and galrani bhai... the excel contains data till 5oct.. now the Oct series is over so hw to get the data of that series from nse. as the Nov is being shown |
|
galrani sir... wow... been working on the sheet for few days...
one very imp query:
- Why the Iday whips are multiplied by 2 in comparision sheet sir?
If i count from the column iday whips its 13k but in comparision sheet you have multiplied by 2? Please let me know the reason..
Also
one more idea to reduce intra whips ...
- When reversal order is filled , put another reversal order at the reversal price in case rather than waiting till 3.30... but yes the purpose of not continually watching market is betrayed but a bit useful ,... not in case of gap days but ../ |
|
Yes....now i got it....  so dumb ... was trading on paper in NF and BNF.... current sell signal giving 150 and 240 pts..
Galrani sir... as i was going through past data ... the position with 400 pts profit is being covered at 100 pts and also no book early conditions apply ..
so we just go by that mechanical sir or any improvisioning you had discusses in presenting ? |
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galrani
White Belt
Joined: 23 Oct 2011
Posts: 93
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| Post: #155 Posted: Mon Nov 19, 2012 11:29 am Post subject: |
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Hi
Refer the past data of Bank Nifty. Every year we have at least 4 giant trend moves. If we are able to catch these by mechanically trading, then we can end every year with decent gains
Please understand the system that you are trying to trade. This is a trend following system not a contra trend system.
In counter trend system you try to anticipate the next move and take positions in advance before the move has happened.
3x5 MACO is a trend following system. By definition, this means that you will miss the initial part of the trend as you will be waiting for confirmation of the trend and you will also give up the ending part of the trend as you will be again waiting for confirmation that the trend has changed.
These "misses" or the points that you forego in the beginning and end of the trend should be lower than the gains made in the entire trend.
So my point is try to catch the trend and be aware that you cannot buy at the bottom and sell at the top.
Trend followers are not Lions who go to hunt every day. They are the hyenas who follow the Lions and eat whatever is left by the Lions.
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | Hi
You have to double your loss na?
For example you are long 1 lot at 5700 in NF
You get a sell signal at 5650 and you cover your longs and go short (2 lots - one to cover your long and one to go short)
By end of day Nifty goes up and closes at 5700 (which is above the reersal point of 5650) so you buy back the two lots shorted
Net result in point - Intraday whipsaw of 50 points
Net result in 2 lots * 50 points = 100 points
Hope I am clear in explaining
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | http://nseindia.com/products/content/derivatives/equities/historical_fo.htm
Check this link
| kingkrunal wrote: | | galrani wrote: | The open high low close figures in the excel file are from nse only :lol
I have given the data from 2005 june onwards.
| rakpeds wrote: | | galrani wrote: | It is attached in the powerpoint slide.
| rakpeds wrote: | galrani sir... can u upload the excel file to track the 3 ema 5 ema and reversal points...
thnx in advance |
|
yes got the sheet thnx sir.. just one more query...
how to get the past bnf fut 1 month future data from nse?
there i can see contract wise data only
i want past data so |
|
rakpeds and galrani bhai... the excel contains data till 5oct.. now the Oct series is over so hw to get the data of that series from nse. as the Nov is being shown |
|
galrani sir... wow... been working on the sheet for few days...
one very imp query:
- Why the Iday whips are multiplied by 2 in comparision sheet sir?
If i count from the column iday whips its 13k but in comparision sheet you have multiplied by 2? Please let me know the reason..
Also
one more idea to reduce intra whips ...
- When reversal order is filled , put another reversal order at the reversal price in case rather than waiting till 3.30... but yes the purpose of not continually watching market is betrayed but a bit useful ,... not in case of gap days but ../ |
|
Yes....now i got it.... so dumb ... was trading on paper in NF and BNF.... current sell signal giving 150 and 240 pts..
Galrani sir... as i was going through past data ... the position with 400 pts profit is being covered at 100 pts and also no book early conditions apply ..
so we just go by that mechanical sir or any improvisioning you had discusses in presenting ? |
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kommall15
White Belt
Joined: 20 Feb 2009
Posts: 65
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| Post: #156 Posted: Mon Nov 19, 2012 11:42 am Post subject: how to identify?? |
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sir,
how to identifty in live market at 9:30 or 3:15 that 3 ema is below 5 ema or up???
plz guide me.
thanks and regards,
mr. kommall |
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rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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| Post: #157 Posted: Mon Nov 19, 2012 12:01 pm Post subject: |
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| galrani wrote: | Hi
Refer the past data of Bank Nifty. Every year we have at least 4 giant trend moves. If we are able to catch these by mechanically trading, then we can end every year with decent gains
Please understand the system that you are trying to trade. This is a trend following system not a contra trend system.
In counter trend system you try to anticipate the next move and take positions in advance before the move has happened.
3x5 MACO is a trend following system. By definition, this means that you will miss the initial part of the trend as you will be waiting for confirmation of the trend and you will also give up the ending part of the trend as you will be again waiting for confirmation that the trend has changed.
These "misses" or the points that you forego in the beginning and end of the trend should be lower than the gains made in the entire trend.
So my point is try to catch the trend and be aware that you cannot buy at the bottom and sell at the top.
Trend followers are not Lions who go to hunt every day. They are the hyenas who follow the Lions and eat whatever is left by the Lions.
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | Hi
You have to double your loss na?
For example you are long 1 lot at 5700 in NF
You get a sell signal at 5650 and you cover your longs and go short (2 lots - one to cover your long and one to go short)
By end of day Nifty goes up and closes at 5700 (which is above the reersal point of 5650) so you buy back the two lots shorted
Net result in point - Intraday whipsaw of 50 points
Net result in 2 lots * 50 points = 100 points
Hope I am clear in explaining
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | http://nseindia.com/products/content/derivatives/equities/historical_fo.htm
Check this link
| kingkrunal wrote: | | galrani wrote: | The open high low close figures in the excel file are from nse only :lol
I have given the data from 2005 june onwards.
| rakpeds wrote: | | galrani wrote: | It is attached in the powerpoint slide.
| rakpeds wrote: | galrani sir... can u upload the excel file to track the 3 ema 5 ema and reversal points...
thnx in advance |
|
yes got the sheet thnx sir.. just one more query...
how to get the past bnf fut 1 month future data from nse?
there i can see contract wise data only
i want past data so |
|
rakpeds and galrani bhai... the excel contains data till 5oct.. now the Oct series is over so hw to get the data of that series from nse. as the Nov is being shown |
|
galrani sir... wow... been working on the sheet for few days...
one very imp query:
- Why the Iday whips are multiplied by 2 in comparision sheet sir?
If i count from the column iday whips its 13k but in comparision sheet you have multiplied by 2? Please let me know the reason..
Also
one more idea to reduce intra whips ...
- When reversal order is filled , put another reversal order at the reversal price in case rather than waiting till 3.30... but yes the purpose of not continually watching market is betrayed but a bit useful ,... not in case of gap days but ../ |
|
Yes....now i got it.... so dumb ... was trading on paper in NF and BNF.... current sell signal giving 150 and 240 pts..
Galrani sir... as i was going through past data ... the position with 400 pts profit is being covered at 100 pts and also no book early conditions apply ..
so we just go by that mechanical sir or any improvisioning you had discusses in presenting ? |
|
Yes shiva sir... got your point... again i have backtested on SBIN with this had given almost 1.3 lacs in 2012...
u have mentioned in the sheet to BUY in cash for sbin and dlf icici... but can we trade futures also in that ? |
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galrani
White Belt
Joined: 23 Oct 2011
Posts: 93
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| Post: #158 Posted: Mon Nov 19, 2012 12:17 pm Post subject: |
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Its your wish and comfort level. If you are ok with trading specific stock futures, please do so after backtesting and papertrading etc.
I do not wat to get exposed to stock specific risks when I trade using this system so prefer to Trade in BankNifty only.
The part mentioned about SBIN etc in my presentation was just a suggestion to put the buffer money in brokers account to some use instead of letting it lie idle in the account.
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | Hi
Refer the past data of Bank Nifty. Every year we have at least 4 giant trend moves. If we are able to catch these by mechanically trading, then we can end every year with decent gains
Please understand the system that you are trying to trade. This is a trend following system not a contra trend system.
In counter trend system you try to anticipate the next move and take positions in advance before the move has happened.
3x5 MACO is a trend following system. By definition, this means that you will miss the initial part of the trend as you will be waiting for confirmation of the trend and you will also give up the ending part of the trend as you will be again waiting for confirmation that the trend has changed.
These "misses" or the points that you forego in the beginning and end of the trend should be lower than the gains made in the entire trend.
So my point is try to catch the trend and be aware that you cannot buy at the bottom and sell at the top.
Trend followers are not Lions who go to hunt every day. They are the hyenas who follow the Lions and eat whatever is left by the Lions.
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | Hi
You have to double your loss na?
For example you are long 1 lot at 5700 in NF
You get a sell signal at 5650 and you cover your longs and go short (2 lots - one to cover your long and one to go short)
By end of day Nifty goes up and closes at 5700 (which is above the reersal point of 5650) so you buy back the two lots shorted
Net result in point - Intraday whipsaw of 50 points
Net result in 2 lots * 50 points = 100 points
Hope I am clear in explaining
Cheers
Shiva
| rakpeds wrote: | | galrani wrote: | http://nseindia.com/products/content/derivatives/equities/historical_fo.htm
Check this link
| kingkrunal wrote: | | galrani wrote: | The open high low close figures in the excel file are from nse only :lol
I have given the data from 2005 june onwards.
| rakpeds wrote: | | galrani wrote: | It is attached in the powerpoint slide.
| rakpeds wrote: | galrani sir... can u upload the excel file to track the 3 ema 5 ema and reversal points...
thnx in advance |
|
yes got the sheet thnx sir.. just one more query...
how to get the past bnf fut 1 month future data from nse?
there i can see contract wise data only
i want past data so |
|
rakpeds and galrani bhai... the excel contains data till 5oct.. now the Oct series is over so hw to get the data of that series from nse. as the Nov is being shown |
|
galrani sir... wow... been working on the sheet for few days...
one very imp query:
- Why the Iday whips are multiplied by 2 in comparision sheet sir?
If i count from the column iday whips its 13k but in comparision sheet you have multiplied by 2? Please let me know the reason..
Also
one more idea to reduce intra whips ...
- When reversal order is filled , put another reversal order at the reversal price in case rather than waiting till 3.30... but yes the purpose of not continually watching market is betrayed but a bit useful ,... not in case of gap days but ../ |
|
Yes....now i got it.... so dumb ... was trading on paper in NF and BNF.... current sell signal giving 150 and 240 pts..
Galrani sir... as i was going through past data ... the position with 400 pts profit is being covered at 100 pts and also no book early conditions apply ..
so we just go by that mechanical sir or any improvisioning you had discusses in presenting ? |
|
Yes shiva sir... got your point... again i have backtested on SBIN with this had given almost 1.3 lacs in 2012...
u have mentioned in the sheet to BUY in cash for sbin and dlf icici... but can we trade futures also in that ? |
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galrani
White Belt
Joined: 23 Oct 2011
Posts: 93
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| Post: #159 Posted: Mon Nov 19, 2012 12:20 pm Post subject: Re: how to identify?? |
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The excel sheet in the presentation provides the level at which 3ema will crossover 5ema. You use that as your reference points to go long or short.
The daily levels are also maintained online in this google doc
https://docs.google.com/spreadsheet/ccc?key=0Al0k3mnId2n7dElwSVNDajZncndENmFuWnBPZjZ0cEE&pli=1#gid=16
Cheers
Shiva
| kommall15 wrote: | sir,
how to identifty in live market at 9:30 or 3:15 that 3 ema is below 5 ema or up???
plz guide me.
thanks and regards,
mr. kommall |
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s.muthuswamy
White Belt
Joined: 15 Jun 2008
Posts: 96
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| Post: #160 Posted: Mon Nov 19, 2012 12:29 pm Post subject: Re: how to identify?? |
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| kommall15 wrote: | sir,
how to identifty in live market at 9:30 or 3:15 that 3 ema is below 5 ema or up???
plz guide me.
thanks and regards,
mr. kommall |
Go to Charts(Premium) and select the chart for Nifty( not Nifty-1m) .
It gives ema values then and there. |
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rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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| Post: #161 Posted: Mon Nov 19, 2012 2:15 pm Post subject: Re: how to identify?? |
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wow... nice sheet... shiva sir are you maintaining that one ? I mean u the author... just cleared one misatke in my sheet heheheh... 7 nov closing was incorrect
all are future values only right sir ? |
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GHAISAS
White Belt
Joined: 01 Feb 2010
Posts: 349
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| Post: #162 Posted: Mon Nov 19, 2012 2:35 pm Post subject: |
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Mr. Galrani, in the google spread sheet - Bank Nifty - what are the figures under 3 & 5 EMA & Reversal Point for Next Day - after 16 Nov. 2012 in a tapering / reducing manner from column 181 to 197?
What is their importance and how to use these figures in trading?
ghaisas |
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rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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| Post: #163 Posted: Mon Nov 19, 2012 2:37 pm Post subject: |
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| GHAISAS wrote: | Mr. Galrani, in the google spread sheet - Bank Nifty - what are the figures under 3 & 5 EMA & Reversal Point for Next Day - after 16 Nov. 2012 in a tapering / reducing manner from column 181 to 197?
What is their importance and how to use these figures in trading?
ghaisas |
they are the future add on rows. with formulas... no other importance for them |
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GHAISAS
White Belt
Joined: 01 Feb 2010
Posts: 349
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| Post: #164 Posted: Mon Nov 19, 2012 2:41 pm Post subject: |
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Thanks rak,
ghaisas |
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rajanadar
White Belt
Joined: 31 Mar 2009
Posts: 20
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| Post: #165 Posted: Fri Nov 30, 2012 9:16 am Post subject: Rolling over in 3x5 method |
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Hi Galrani sir,
Can you please help us understand the rolling over on expiry?
What I mean is, taking an example of BNF , the Nov 2012 series at 3.15 was around 11976 while the Dec series was around 12050+ that is a difference of about 75 points.
How do we handle this scenario? If we sell Nov and buy Dec, then we are losing alomost 75 to 100 points.
Any inputs will be helpful.
Thanks. |
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