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[ajit602]

[ajit602]

[quote="ajit602"][quote="ajit602"]buy above 6360
sell below 6340
sell side 1st target hit

[rishveer]

Anybody following this system???pls update it;
Umesh1 Sir,
Please make this system LIVE

[pkholla]

Umesh1 is not active in IC nowadays. But he has given us very simple elegant Excel based calc to use for INTRA DAY (He has NOT given any calc for positional)

Observe the Nifty Future ATP at 0920 (5 minutes after start of trading) and enter it in the bold marked box in enclosed calc. It updates. Make a note of the 5 bullish and 5 bearish levels generated (about 22 pts apart)

a Entry
When price trig the bullish or bearish level, dont enter immed but wait for count of 100 to confirm the move

b Bullish SL
If buy above triggers, use the sell below level as SL.
In the example enclosed by me, 8000 is the ATP and 8010.25 is buy above. Once you buy above 8010.25 , use 7987.9 as SL

c Bearish SL
If buy below triggers, use the buy above level as SL.
In the example enclosed by me, 8000 is the ATP and 7987.9 is sell below. Once you sell below 7987.9 , use 8010.25 as SL

d Trailing SL
Once NF crosses 1st tgt 8028.65 , sell partially and move TSL to 8010.25
OR
Once NF crosses 1st tgt 7969.55 , buyback partially and move TSL to 7987.9
Similarly for 2nd tgt etc

e Partial booking
Umesh1 advises square off 50% 1st tgt, 25% 2nd tgt, and 25% 3rd tgt
AS he has frequently found that NF reverses from 3rd tgt and wipes out your profits if you greedily hold on for too long

f Points to note
If ATP is too near bull entry or bear entry then be very careful as NF may reverse almost immediately trig your SL.
If ADX is too low eg around 25, then no trend and our entry may be wasted in SL
If bull or bear trig but 1st tgt not hit even after 1 1/2-2 hr then exit as there is poor or NIL trend
Jai Hind, Prakash Holla

[ragendth]

[pkholla]

sorry
i am enclosing another diff copy of excel calc

+

word file giving gyan from umesh1

pls read Umesh's guidelines. your query will be answered
pls post that u r able to update this copy with latest NF value!
prakash holla

[vip_98910]

If you dont believe me , try doing REAL TRADES. You will come to know why I am saying this. This system is designed to trigger stop losses as operators constantly watches Gann levels to wipe out small traders. This method was famous and working in bear market of 2008 -2012 and after that it stopped working.

Anyways, those who still trade with this best of luck and take care of your capital

[ragendth]

[pkholla]

[pkholla]

ragendth: the problem is the calculator has more than 7 levels of brackets and that will be converted to #value by excel if saved in the old format it was developed in. So i converted it into excel 2007 format and it seems to work fine

Please use and give feedback, prakash holla

[rishveer]

Thank you so much PKHollaji for taking such a pain to keep alive the strategy;
No system works 100%;Every thing has its own disadvantage.

[umesh1]

Hi Friends,
attaching gann excel caci which works in all systems,while closing the app don't save to avoid errors.kindly read the guidelines
cheers every tgt

[rishveer]

[pkholla]

[vaishuu82]