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3x5 maco method |
galrani
White Belt
Joined: 23 Oct 2011
Posts: 93
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Post: #76  Posted: Fri Sep 28, 2012 11:44 am Post subject: |
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No need to thank me. I too have learnt this system from someone else and have modified this to suit my needs.
If you are making money out of this need only one assistance from you. Monthly donate 5% of your gains from this to any needy persons or a reputable NGO that does good work in suporting the needy.
Cheers
Shiva
| sonai_81 wrote: | Thank you Sir.
Yesterday I took position in INFY using 3,5 crossover and booked profit (september series)
Today I have taken long position in Reliance from 844 (fut price). Currently
it's trading at 848.Let's see what happen today..
Thank you sir for sharing your strategy.. |
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shahrachit
White Belt
Joined: 12 Jul 2012
Posts: 117
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| Post: #77 Posted: Fri Sep 28, 2012 11:54 am Post subject: |
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Hi Shiva,
I appreciate your thoughts about the 5% donation. Its a noble cause.
Some modifications are made in the reversal point column in NIFTY sheet. Just check the excel. This increases the profit to about 1.5 times. Have a look at the same.
Your precious feedback required.
Regards,
Rachit.
| Quote: | | There was some error in the file ..... please check the new file uploaded later..... |
[/b]
Last edited by shahrachit on Sat Sep 29, 2012 1:44 pm; edited 3 times in total |
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sonai_81
White Belt
Joined: 27 Jan 2010
Posts: 14
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| Post: #78 Posted: Fri Sep 28, 2012 11:58 am Post subject: |
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| Appreciate your thought Shiva.. |
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galrani
White Belt
Joined: 23 Oct 2011
Posts: 93
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| Post: #79 Posted: Fri Sep 28, 2012 12:13 pm Post subject: |
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Let me look at this over the weekend and revert to you
| shahrachit wrote: | Hi Shiva,
I appreciate your thoughts about the 5% donation. Its a noble cause.
Some modifications are made in the reversal point column in NIFTY sheet. Just check the excel. This increases the profit to about 1.5 times. Have a look at the same.
Your precious feedback required.
Regards,
Rachit. |
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RKM
White Belt
Joined: 06 Apr 2009
Posts: 137
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| Post: #80 Posted: Fri Sep 28, 2012 1:14 pm Post subject: |
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Hi Shiva,
Excellent thought!
RKM
| galrani wrote: | No need to thank me. I too have learnt this system from someone else and have modified this to suit my needs.
If you are making money out of this need only one assistance from you. Monthly donate 5% of your gains from this to any needy persons or a reputable NGO that does good work in suporting the needy.
Cheers
Shiva
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galrani
White Belt
Joined: 23 Oct 2011
Posts: 93
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| Post: #81 Posted: Fri Sep 28, 2012 1:47 pm Post subject: |
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Can you help me by giving the formula to calculate the price at which price will touch 3ema (or 5ema)
Assuming todays BNF close is 11500 and 3ema is 11450 and 5ema is 11400
I want this formula to calculate the price of bnf tomorrow at which it will be equal to 3ema. Similarly one more formula for 5ema
Thanks in advance
Cheers
Shiva
| Vevensa wrote: | Hi Rkm,
If you have intraday update of EOD chart(Jcharts-premium has that), you can see the both EMAs touching when price reaches the reversal value.
Formula for calculating reversal value:
Reversal value = [E2(n2-n1+(n1*n2)-1)-E1(n1-n2+(n1*n2)-1)] / 2(n2-n1)
Where,
n1 & n2 are time periods for which EMA is calculated and n2>n1
E1 is EMA value corresponding to period n1
E2 is EMA value corresponding to period n2
Example: n1 = 3, n2 = 5, E1 = EMA 3, E2 = EMA 5
Thanks. |
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Vevensa
White Belt
Joined: 12 Jul 2011
Posts: 59
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| Post: #82 Posted: Fri Sep 28, 2012 2:17 pm Post subject: |
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Hello Shiva,
It is a simple one. Tomorrow price has to reach today's EMA, that is where the price and EMAs meet.
The formula for EMA is,
Current EMA = Prev.EMA+(Current close - Prev.EMA)*2/(1+Period for which Ema is calculated)
When current close = prev. EMA, you are left with:
Current EMA = Prev. EMA
Thanks.
| galrani wrote: | Can you help me by giving the formula to calculate the price at which price will touch 3ema (or 5ema)
Assuming todays BNF close is 11500 and 3ema is 11450 and 5ema is 11400
I want this formula to calculate the price of bnf tomorrow at which it will be equal to 3ema. Similarly one more formula for 5ema
Thanks in advance
Cheers
Shiva
| Vevensa wrote: | Hi Rkm,
If you have intraday update of EOD chart(Jcharts-premium has that), you can see the both EMAs touching when price reaches the reversal value.
Formula for calculating reversal value:
Reversal value = [E2(n2-n1+(n1*n2)-1)-E1(n1-n2+(n1*n2)-1)] / 2(n2-n1)
Where,
n1 & n2 are time periods for which EMA is calculated and n2>n1
E1 is EMA value corresponding to period n1
E2 is EMA value corresponding to period n2
Example: n1 = 3, n2 = 5, E1 = EMA 3, E2 = EMA 5
Thanks. |
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galrani
White Belt
Joined: 23 Oct 2011
Posts: 93
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| Post: #83 Posted: Fri Sep 28, 2012 2:25 pm Post subject: |
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Hitting my head with my palm
Sometimes I really wish I had stayed awake in the algebra classes. 
| Vevensa wrote: | Hello Shiva,
It is a simple one. Tomorrow price has to reach today's EMA, that is where the price and EMAs meet.
The formula for EMA is,
Current EMA = Prev.EMA+(Current close - Prev.EMA)*2/(1+Period for which Ema is calculated)
When current close = prev. EMA, you are left with:
Current EMA = Prev. EMA
Thanks.
| galrani wrote: | Can you help me by giving the formula to calculate the price at which price will touch 3ema (or 5ema)
Assuming todays BNF close is 11500 and 3ema is 11450 and 5ema is 11400
I want this formula to calculate the price of bnf tomorrow at which it will be equal to 3ema. Similarly one more formula for 5ema
Thanks in advance
Cheers
Shiva
| Vevensa wrote: | Hi Rkm,
If you have intraday update of EOD chart(Jcharts-premium has that), you can see the both EMAs touching when price reaches the reversal value.
Formula for calculating reversal value:
Reversal value = [E2(n2-n1+(n1*n2)-1)-E1(n1-n2+(n1*n2)-1)] / 2(n2-n1)
Where,
n1 & n2 are time periods for which EMA is calculated and n2>n1
E1 is EMA value corresponding to period n1
E2 is EMA value corresponding to period n2
Example: n1 = 3, n2 = 5, E1 = EMA 3, E2 = EMA 5
Thanks. |
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shahrachit
White Belt
Joined: 12 Jul 2012
Posts: 117
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| Post: #84 Posted: Fri Sep 28, 2012 4:57 pm Post subject: |
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hahahhaha 
algebra was like this ----- >
| galrani wrote: | Hitting my head with my palm
Sometimes I really wish I had stayed awake in the algebra classes.
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bpsingh
White Belt
Joined: 16 May 2008
Posts: 54
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| Post: #85 Posted: Fri Sep 28, 2012 8:33 pm Post subject: |
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Rachit,
Can you elaborate the changes. In NF, you have modified 3x5 to 5x8 for
entry. For reversal can you please clarify the logic. |
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shahrachit
White Belt
Joined: 12 Jul 2012
Posts: 117
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| Post: #86 Posted: Fri Sep 28, 2012 8:51 pm Post subject: |
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No logic; its just trial and error..... 
| bpsingh wrote: | Rachit,
Can you elaborate the changes. In NF, you have modified 3x5 to 5x8 for
entry. For reversal can you please clarify the logic. |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #87 Posted: Fri Sep 28, 2012 9:47 pm Post subject: |
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| Rachit, can u summarize the variations u made ? Thnx. |
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shahrachit
White Belt
Joined: 12 Jul 2012
Posts: 117
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| Post: #88 Posted: Fri Sep 28, 2012 9:57 pm Post subject: |
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| sonila wrote: | | Rachit, can u summarize the variations u made ? Thnx. |
I made 5 EMA & 8 EMA cross-overs with changes in reversal point. You can see the formula used in excel |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #89 Posted: Sat Sep 29, 2012 12:02 pm Post subject: |
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| Rachit, u used ema 5,8 that i understood, i m asking, what changes u made in reversal pt ? Thnx. |
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lakshit
White Belt
Joined: 12 Jan 2010
Posts: 58
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| Post: #90 Posted: Sat Sep 29, 2012 12:06 pm Post subject: For individual stocks |
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| sonila wrote: | | Rachit, u used ema 5,8 that i understood, i m asking, what changes u made in reversal pt ? Thnx. |
hi
can we use the same working for individual scripts as well 3x5ema. pls guide, thanks/lakshit |
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