iCharts Discussions

[Rahulsharmaat]

Please read properly Sonila

Its bank nifty and before this 300 point loss in July-- bank nifty gave 8200 points from Dec--to June---After Brokerage net gain Rs 2 Lac per lot

[Rahulsharmaat]

[balarajh]

sorry to trouble you, Mr. Rahul, i wanted to ask 15 min set up for relinfra.
due to typing error intead of 15 i typed 5.

can you explain me the set up with supertrend indicator in 15 min time frame for rel infra.

Thanks in advance,
balaraj

[balarajh]

sorry to trouble you, Mr. Rahul, i wanted to ask 15 min set up for relinfra.
due to typing error intead of 15 i typed 5.

can you explain me the set up with supertrend indicator in 15 min time frame for rel infra.

Thanks in advance,
balaraj

[Rahulsharmaat]

[/quote]Correction in Time Frame in Rel Infra--its 15 min--instead of 5 Min

[nageswararao_v]

Hi rabhul,

Yes, i am following this system for last 8-10 mnts and happy with this.
I have tried to convert this to platinum charts scripting language but not completed. Share your thoughts on this.

[vinst]

Hi Rahul,

Your hard work is appreciated ! and also explaining that to all of us

however, it is becoming clear that a lot of people, including me, would ask you similar questions.
in order to avoid getting tired, may be you could post a tabular format for Relinfra, NF, BNF which includes time frame, the respective entry setup, filter (if any), TSL method, exit, ...

regards,
vin

P.S. a partially prepared worksheet is attached.

[balarajh]

Mr. Rahul, for relinfra it is 55 sma of hi-lo-close, and for bank nifty and nifty futures we use 55 ema of hi-lo-close, am i right??

thank you for your efforts in making us understand the strategy, its very much appreciable.

Regards,
balaraj

[rakpeds]

[Rahulsharmaat]

let me again write it----

Nifty:

5 Min---- super trend
15 Min---55 EMA--band--hign--close n low


Bank nifty

7 Min---super trend
30 Min---55 EMA band--high--close--low

Ren Infra

15 min---55 SMA band
30 Min---34 Ema close only
1 Hr----34 EMA close only


now all see past rules n targets---

[Rahulsharmaat]

Please go through all this-- new addtion

[Rahulsharmaat]

please note that;

Where there is a band, stop loss is always from filter { buy rate }

Where there is single EMA as in Infra { 30--1 hr }-- its always below 34 EMA value--

[smartcancerian]

Thanx for a gud stgy..& more importantly..it has been backtested thoroughly & honestly..

[Rahulsharmaat]

One more addition here :

1} trader dont't have to see any thing else then the set up given n explained here--- 50 --100--200 sma-- this line that line-- Divergence-- bla bla bla

2} Rbi policy-- Budget-- inflations-- IIP-- drought---wester market up downs.., Results-- positive n negative news or anyother factor, trader dont have to watch n read--- Just do what system says-- let the stop loss hit-- as other side target is also waiting

3} after starting trades in any product out of three mentioned, maximum risk is also calculated, so mentally prepared for that--

Nifty: 150 points-- 6 stop loss in a row was maximum loss
bank Nifty ; 350 points-- 5 stop loss in a row
Rel Infra; 3- stop loss in a row

I will never post here that-- stock didnt stay--sustain- above this or that level-- so why u went long or short-- when this news or that news was expected why u traded ??-- when market was sideways--why u did this ??

ha ha ha -- crazy people

Just see your own like n start the setup

Thanks to all

feel free if any doubt and yes those who are expert enough--can have their own modifications

note : i made a long in Infra 1 hr at 514--- have seen 532-- quite many times in last 2 days-- and 532 was some how resistence, i could have exited there for this 18 point gain,, but i have followed my setup and i exited below cost at 512-- and shorted at 512 in 1 Hr TF---

so this much commitment is needed in any set up

-------------------------------------------------------------------------------------
On friday-- i shorted at 520--- then at 516--- exited 1 Hr long { 514 } at 512--made short there also--- now one can argue that why to short at 512-- when short is at 520 already-- but these are 3 diff TF---

[Rahulsharmaat]

Set up is not like ----

Are sustain nahi kiya-- why u traded... agar target ho gaya to-- why u didnt traded--we have booked gain--- abhi target was 5428---went to 5424--- they will say-- almost achieved--- Book nahi kiya--- ohhh we have booked--- now if booked at 5424--- and hits 5430--- oh god-- wait karo yaar --target ka---


ha ha ha ha

Kya kare---- thats all happening here n there