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Intraday NF trading with EMA CROSSOVER and PSAR |
amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
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Post: #16  Posted: Fri Nov 25, 2011 9:45 pm Post subject: |
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| sonila wrote: | | Guru, if u back test with eod charts, there will be lot of variation because candles are of 5mins duration. But observe during mkt hrs, u can definitely get good entry and exit. |
Sonila that will not make much difference.
When you are using PARSAR it does not make much difference as is the case with EMA crossover; because previous bar's PARSAR has to be hit for reversal. As mentioned by Guru 3x15 EMA crossover happened on 09:51 bar on 3min charts but PARSAR on 5min charts reversed only on 10:15 candle and for that reversal PARSAR value for 10:10 is to be get hit.
I don't know how you are using this strategy in real time trading
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chetan83
Brown Belt
Joined: 19 Feb 2010
Posts: 2036
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| Post: #17 Posted: Fri Nov 25, 2011 9:47 pm Post subject: |
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| sonila wrote: | today trades in nifty future
TRADE.1
bought 2 lots @ 10.06 @ 4735, booked 1 lot @ 10.11 ( +15 ), booked 2nd lot @ 10.21 @ 4765 ( +30)
TOTAL = + 45
TRADE.2
Sold @ 10.57 @ 4759, booked 1 lot @ 4744 @ 11.02 ( +15 ),booked 2nd lot @ 12.18 @ 4729 ( +30 )
TOTAL = +45
TRADE.3
bought @ 12.29 @ 4745, booked 1 lot @ 4760 @ 12.34 ( +15), booked 2nd lot@ 4753 @ 1.26 ( +
TOTAL = + 23
TRADE.4
sold @ 4753 @ 1.26, booked 1 lot @ 4738 @ 1.30 ( +15 ), booked 2nd lot @ 1.36 @ 4754 ( -1 )
TOTAL = +14
TRADE.5
bought @ 1.36 @ 4754, booked @ 4769 @ 1.43 ( +15 ), booked 2nd lot @ 2.11 @ 4756 (+2 )
TOTAL = +17
TRADE.6
sold @ 2.11 @ 4756, booked 1 lot @ 4741 @ 2.16 ( +15 ), booked 2nd lot @ 2.23 @ 4726 ( +30)
TOTAL = +45
TOTAL +189 POINTS
BKG = 2.5 *6 *2 = -30
NET +159 PTS IN 6 TRADES IN 2 LOTS. |
WOW!!! Its really gr8 to see that at least Sonila will surely become millionaire in few weeks, by trading in NIFTY future and increasing lot size with such extraordinary trading 
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #18 Posted: Fri Nov 25, 2011 10:04 pm Post subject: |
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| May be charts varying. For ema c.o. I m using sharekhan chart and for psar i m using yahoo finance chart.
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guru.july
White Belt
Joined: 13 Jul 2010
Posts: 82
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| Post: #19 Posted: Fri Nov 25, 2011 10:05 pm Post subject: |
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| amitkbaid1008 wrote: | | sonila wrote: | | Guru, if u back test with eod charts, there will be lot of variation because candles are of 5mins duration. But observe during mkt hrs, u can definitely get good entry and exit. |
Sonila that will not make much difference.
When you are using PARSAR it does not make much difference as is the case with EMA crossover; because previous bar's PARSAR has to be hit for reversal. As mentioned by Guru 3x15 EMA crossover happened on 09:51 bar on 3min charts but PARSAR on 5min charts reversed only on 10:15 candle and for that reversal PARSAR value for 10:10 is to be get hit.
I don't know how you are using this strategy in real time trading
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Testing on EOD chart im finding it difficult to match your trades...Will it not be even more difficult to trade this realtime.? Could you please upload a chart and explain your trades so that it helps everyone...
Thanks,
Guru
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #20 Posted: Fri Nov 25, 2011 11:28 pm Post subject: |
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| Amit, guru, for psar use nifty spot( not nf) 5 min chart. Then check my trades.
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #21 Posted: Sat Nov 26, 2011 10:20 am Post subject: |
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AMIT,GURU,
plz look at the attached chart of niftyspot with 5-min tf, 20ema, psar.
this chart i m always using to get confirmation.
thanx.
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sameer.inspire
White Belt
Joined: 12 Nov 2011
Posts: 16
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| Post: #22 Posted: Sat Nov 26, 2011 5:05 pm Post subject: |
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| sonila can u please tell me what is this "cmp" in your strategy
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Allwell
White Belt
Joined: 24 Jan 2010
Posts: 183
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| Post: #23 Posted: Sat Nov 26, 2011 5:36 pm Post subject: |
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Sonila, nice strategy,
What's the criteria to exit the trade if not hit the target? Is it cross over only or PSAR reversal and price above/below 20 EMA also count ?
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poojag75
White Belt
Joined: 16 Jun 2010
Posts: 5
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| Post: #24 Posted: Sat Nov 26, 2011 6:30 pm Post subject: |
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| sonila wrote: | AMIT,GURU,
plz look at the attached chart of niftyspot with 5-min tf, 20ema, psar.
this chart i m always using to get confirmation.
thanx. |
Dear sonila
can u plz tell us from where this chart can be seen. I searched but i am getting different yahoo charts
Thanks in advance 
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #25 Posted: Sat Nov 26, 2011 8:31 pm Post subject: |
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hello sameer,
cmp = nifty future vale at that moment
(Current Market Price = CMP)
hello dijjya,
if tgt not hit,and cross over has happened, immediately donot reverse position,wait for confirmation from psar as mentionrd
hello poojaag,
go to yahoofinance, then go to nse chart, then go to technical chart
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zircon
White Belt
Joined: 08 Apr 2010
Posts: 15
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| Post: #26 Posted: Sat Nov 26, 2011 8:35 pm Post subject: |
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| I don't think that this trading system will work.. I have tested a lot of trading systems.. finally I came to a conclusion "Higher the TF higher the significance"
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #27 Posted: Sat Nov 26, 2011 9:14 pm Post subject: |
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| Zircon, plz share ur strategy that is giving u good results...plz
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #28 Posted: Sun Nov 27, 2011 8:57 am Post subject: |
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| Hello zircon, i m waiting ur ans.
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SID2060
White Belt
Joined: 04 Nov 2009
Posts: 319
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| Post: #29 Posted: Sun Nov 27, 2011 9:26 am Post subject: |
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| zircon wrote: | | I don't think that this trading system will work.. I have tested a lot of trading systems.. finally I came to a conclusion "Higher the TF higher the significance" |
Then u must be using monthly time frame?
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zircon
White Belt
Joined: 08 Apr 2010
Posts: 15
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| Post: #30 Posted: Sun Nov 27, 2011 12:07 pm Post subject: |
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| sonila wrote: | | Hello zircon, i m waiting ur ans. |
Sonila, SSPS is the good trading system.. I don't have any fixed system yet but I found that lower TF will give you more and more whipsaws.. GANN technique is one of the best technique.. currently I am taking more and more information about it..
and one more thing I would like to say that there is no holy grail.. you will get maximum success rate roughly around 90%.. if your trading system is giving you good results then stick up to the system with discipline.. do not jump one system to another system..
P.S. Initially do not trade with bigger qty.. otherwise you will loose money and confidence too
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