| View previous topic :: View next topic |
| Author |
NF 30TF strategy with Bollinger Band |
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
Post: #1  Posted: Mon Oct 22, 2012 3:01 pm Post subject: NF 30TF strategy with Bollinger Band |
 |
|
Hi everybody,
Just searching thru the icharts, looking for various combinations that i may like it, I found one strategy which may be helpful to all of those looking for new strategy.
It simple give your feedback to improve it even further wherever appropriate.
Set up
TF 30 Mins
Bollinger band - 21
EMA - 08
SMA - 08
WMA - 13
Buy Entry
**. EMA crossing WMA from below and its plus if price coming from bb lower band
Target generally: upper band of BB
SL: 20 points and trail when profit moves beyond 20 points.
Exit - start taking profit when EMA crossing SMA from above and till the WMA is rising steeply.
watch for BB lower band if indicating further rise before taking out full profit
Short Entry
**. ema crossing WMA from above and its plus if price coming from bb upper band
Target generally: lower band of BB
SL: 20 points and trail when profit moves beyond 20 points.
Exit - start taking profit when EMA crossing SMA from below till the WMA is falling steeply
watch for BB upper band if indicating further fall before taking out full profit
Amit Jog
| Description: |
|
| Filesize: |
52.25 KB |
| Viewed: |
738 Time(s) |
|
|
|
| Back to top |
|
 |
|
|
|
sushrut
White Belt
Joined: 27 Apr 2012
Posts: 32
|
| Post: #2 Posted: Mon Oct 22, 2012 8:11 pm Post subject: |
|
|
| amit very good and perfect may i sugest change bb to30 and have 30 sma 15sma 3 sma 10 wm combination
|
|
| Back to top |
|
|
shahrachit
White Belt
Joined: 12 Jul 2012
Posts: 117
|
| Post: #3 Posted: Mon Oct 22, 2012 8:21 pm Post subject: |
|
|
| looks good... did u back test it ?
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #4 Posted: Tue Oct 23, 2012 9:35 am Post subject: |
|
|
Sharad: i tried with 34 BB but to my personal view 21 found much suitable. well though i will also try and look for results using 30 BB,
thanks anyways for your support as prompt as in SB 
Amit
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #5 Posted: Tue Oct 23, 2012 9:58 am Post subject: |
|
|
shahrchit: I did backtest it, and found to be very good and even in range bound market.
Amit Jog
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #6 Posted: Tue Oct 23, 2012 10:01 am Post subject: |
|
|
Trade #1: 23-Oct-2012
Short @ 5715
SL 5735
Amit Jog
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #7 Posted: Tue Oct 23, 2012 3:03 pm Post subject: |
|
|
Exited -short covered - @5694
lower BB reached..mkt seems to be too small range bound... 
upper BB does not look like support the free fall 
Trade 1
Points gain +21
|
|
| Back to top |
|
|
sushrut
White Belt
Joined: 27 Apr 2012
Posts: 32
|
| Post: #8 Posted: Wed Oct 24, 2012 10:38 am Post subject: |
|
|
| yes amit i backtested my trades and of course looks more promising with your21 bb and balance setup 3sma , 10 sma 21sma and may use same set up eod basis with 50,100,200ema additionally for wider market analysis wish you great sucess
|
|
| Back to top |
|
|
umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
|
| Post: #9 Posted: Wed Oct 24, 2012 10:53 am Post subject: |
|
|
| amitvjog wrote: | Trade #1: 23-Oct-2012
Short @ 5715
SL 5735
Amit Jog |
Congrats
Amit .for your achievement wish you all the best and success,appreciate your innovative and creative strategy 
regards
Umesh
|
|
| Back to top |
|
|
chetan83
Brown Belt
Joined: 19 Feb 2010
Posts: 2036
|
| Post: #10 Posted: Wed Oct 24, 2012 3:40 pm Post subject: |
|
|
Hi Amit,
How can this method be formulated for trading in Bank Nifty??
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #11 Posted: Thu Oct 25, 2012 9:25 am Post subject: |
|
|
Hi Chetan,
I have not yet looked at bank nifty with this method for its effectiveness.
certainly I will have a look and post my views on it.
Thanks
Amit Jog
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #12 Posted: Thu Oct 25, 2012 9:27 am Post subject: |
|
|
Thanks Umesh,
Keep supporting and shall prosper together 
Thanks,
Amit Jog
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #13 Posted: Thu Oct 25, 2012 9:41 am Post subject: |
|
|
Hi Sharad,
Thank you, I shall certainly try with 3,10,21 sma setup and post my results.
Thanks,
Amit Jog
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #14 Posted: Thu Oct 25, 2012 9:52 am Post subject: |
|
|
No convincing crossover as yet, no position
Important work, no trading today. Trading Holiday 
Amit
|
|
| Back to top |
|
|
amitvjog
White Belt
Joined: 21 Mar 2011
Posts: 80
|
| Post: #15 Posted: Fri Oct 26, 2012 10:27 am Post subject: |
|
|
Still no position...
Amit
Last edited by amitvjog on Fri Oct 26, 2012 10:57 am; edited 1 time in total |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
