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Intraday Trading Strategy |
adsingh101
White Belt
Joined: 09 Nov 2010
Posts: 242
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Post: #16  Posted: Tue May 03, 2011 5:23 pm Post subject: |
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Dear Avinash,
I have backtested ur strategy. Its working but the Risk/Reward Ratio is not very good. |
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cbosein
White Belt
Joined: 02 Oct 2009
Posts: 39
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| Post: #17 Posted: Tue May 03, 2011 8:13 pm Post subject: |
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Hi Avinash,
Kindly post your daily trades done based on this method for few days so that, new comers can learn & understand this strategy better.
Keerthi |
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avinash02
White Belt
Joined: 22 Feb 2009
Posts: 343
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| Post: #18 Posted: Tue May 03, 2011 8:13 pm Post subject: |
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| adsingh101 wrote: | Dear Avinash,
I have backtested ur strategy. Its working but the Risk/Reward Ratio is not very good. |
adsingh...
when the stoploss more then 30 point then dont trade ..but i know that u won 8 time out of 10
regards
avinash |
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avinash02
White Belt
Joined: 22 Feb 2009
Posts: 343
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| Post: #19 Posted: Tue May 03, 2011 8:23 pm Post subject: Re: AVINASH |
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| vtnarendra wrote: | COULD YOU PLEASE CLARIFY THE STATEMENT
"NOTE:- THIS METHOD ONLY USE INTRADAY AND THE STOPLOSS MORE THEN 30 POINTS IN NIFTY DONT TRADE "
FROM WHAT POINT IS STOP LOSS NOT TO BE MORE THAN 30 POINTS.
IN YOUR EXAMPLE : BUY SL IS 5964, HERE DO YOU MEAN THAT AT 9.30 IF THE NIFTY IS ABOVE 5994 DO NOT TRADE
SIMILARLY SELL SL IS 5992. HERE DO YOU MEAN THAT AT 9.30 IF NIFTY IS BELOW 5962 DO NOT TRADE
THANKS |
narendra
if the buy stop loss is 5964 nd currant market price is 5994 or above then i dont take position i wait nd i take my position near my sl.....
...
narendra remember market not move daily 2% up or 2% down so take the position near ur sl nd profit book 0.75% method ....
regards
avinash  |
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adsingh101
White Belt
Joined: 09 Nov 2010
Posts: 242
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| Post: #20 Posted: Tue May 03, 2011 8:25 pm Post subject: |
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| Is this strategy works only for Nifty?? or it can be used for other shares also?? |
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avinash02
White Belt
Joined: 22 Feb 2009
Posts: 343
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| Post: #21 Posted: Tue May 03, 2011 9:02 pm Post subject: |
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| adsingh101 wrote: | | Is this strategy works only for Nifty?? or it can be used for other shares also?? |
adsingh
itts work on all script nd index. |
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suppressemotion
White Belt
Joined: 21 Oct 2010
Posts: 293
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| Post: #22 Posted: Tue May 03, 2011 9:29 pm Post subject: |
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dear avinash
i have modified your set up entry rule as per ur calculation of open price , high price, low price at 9:30 . but for SL i used 1.5 atr(14) in 15 min TF. n there is no target in this set up just TSL which is 1.5 atr(14). n if SL get hit then reverse your trade. with same rule of 1.5 atr(14). i have back tested it results are awesom . need ur feed back  what you say. more simplicity.
thax |
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cbosein
White Belt
Joined: 02 Oct 2009
Posts: 39
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| Post: #23 Posted: Tue May 03, 2011 9:37 pm Post subject: |
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Hi suppressemotion,
Kindly post 15min TF chart with 1.5 ATR(14).
Keerthi |
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avinash02
White Belt
Joined: 22 Feb 2009
Posts: 343
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| Post: #24 Posted: Tue May 03, 2011 9:49 pm Post subject: |
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| suppressemotion wrote: | dear avinash
i have modified your set up entry rule as per ur calculation of open price , high price, low price at 9:30 . but for SL i used 1.5 atr(14) in 15 min TF. n there is no target in this set up just TSL which is 1.5 atr(14). n if SL get hit then reverse your trade. with same rule of 1.5 atr(14). i have back tested it results are awesom . need ur feed back what you say. more simplicity.
thax |
suppressemotion
i dont use atr..actually i dont understand atr ...
i just follow the system ...nd daily get 50 point bas bohat ho gaya mere liye
regards
avinash |
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viraj5
White Belt
Joined: 23 Jul 2010
Posts: 32
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| Post: #25 Posted: Tue May 03, 2011 10:27 pm Post subject: Kindly explain |
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| What is difference between Script Open price & Open price in Trend finding formula ? |
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rohit44
White Belt
Joined: 05 Jan 2010
Posts: 279
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| Post: #26 Posted: Wed May 04, 2011 12:58 am Post subject: |
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| can you plz advise is this strategy sucessful today (03-05-2011), because as per me at 9.30 sell generate and sl hit after that....if i am mistaken plz guide me....RGDS |
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suppressemotion
White Belt
Joined: 21 Oct 2010
Posts: 293
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| Post: #27 Posted: Wed May 04, 2011 6:36 am Post subject: |
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| avinash02 wrote: | | suppressemotion wrote: | dear avinash
i have modified your set up entry rule as per ur calculation of open price , high price, low price at 9:30 . but for SL i used 1.5 atr(14) in 15 min TF. n there is no target in this set up just TSL which is 1.5 atr(14). n if SL get hit then reverse your trade. with same rule of 1.5 atr(14). i have back tested it results are awesom . need ur feed back what you say. more simplicity.
thax |
suppressemotion
i dont use atr..actually i dont understand atr ...
i just follow the system ...nd daily get 50 point bas bohat ho gaya mere liye
regards
avinash |
avinash great all depends upon one's psychological level. good but i am comfortable with atr. because as per my personal experience i dont believe in target because sometime we square off too early n some time we are waiting for target but all profits gone. so too late to book profit. so for me target is TSL. thats why we say set up is just one step. psychological level with that set up matters. after all market is all about controlling emotions.  woooo woooo  |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #28 Posted: Wed May 04, 2011 7:54 am Post subject: |
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| Bt ystday it generated 4 signals- 3 continuous Sl & 1 profit...may b due to RBI shock.. |
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suppressemotion
White Belt
Joined: 21 Oct 2010
Posts: 293
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| Post: #29 Posted: Wed May 04, 2011 8:50 am Post subject: |
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| smartcancerian wrote: | | Bt ystday it generated 4 signals- 3 continuous Sl & 1 profit...may b due to RBI shock.. |
but as per modification of 1.5 atr in 15 tf. only one sell signal in mrng. n trend continue till close. |
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avinash02
White Belt
Joined: 22 Feb 2009
Posts: 343
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| Post: #30 Posted: Wed May 04, 2011 9:30 am Post subject: Intraday Trading Strategy |
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nifty
low 5522.65
open 5541.3
high 5554.35
low-open = 18.65
high-open =13.05
sl 5560
tg 5500 |
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