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SH 30 minutes swinging yorker method - Nifty (Alchemist) |
snehil2010 White Belt
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Joined: 04 Feb 2015 Posts: 19
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Post: #406 Posted: Sat Aug 01, 2015 3:10 pm Post subject: |
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Hello Folks,
I have been preparing an Excel sheet for this strategy. Its near to completion, will share in this thread once done. Attached is the snapshot of that excel sheet.
Suggestions welcome.
Thanks,
Snehil
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ajit602 White Belt
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Joined: 11 Sep 2012 Posts: 370
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Post: #407 Posted: Sat Aug 01, 2015 7:04 pm Post subject: |
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snehil2010 wrote: | Hello Folks,
I have been preparing an Excel sheet for this strategy. Its near to completion, will share in this thread once done. Attached is the snapshot of that excel sheet.
Suggestions welcome.
Thanks,
Snehil |
Thanks Snehil. As you are doing good work for us who do not know much about excel sheet. Thanks.
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Alchemist Yellow Belt
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Joined: 09 Aug 2010 Posts: 853
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Post: #408 Posted: Sat Aug 01, 2015 8:18 pm Post subject: |
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Hi,
Good attempt but truly I couldn't understand an iota of what this spreadsheet is showing ...
Cheers
SH
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amitagg Black Belt
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Joined: 01 Oct 2013 Posts: 4559
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Post: #409 Posted: Tue Aug 04, 2015 6:27 pm Post subject: |
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Market above 8530 tomorrow shall give an additional buy signal. SL for 31st buy was protected today( although price moved below 200ema). Additonal buy can happen in morning. If not pierced a sell below 8480 May trigger subject to entry below crossover candle 5/200 ema 30tf
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AMBY Yellow Belt
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Joined: 05 Sep 2014 Posts: 503
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Post: #410 Posted: Tue Aug 04, 2015 10:26 pm Post subject: |
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THANK YOU.
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snehil2010 White Belt
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Joined: 04 Feb 2015 Posts: 19
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Post: #411 Posted: Wed Aug 05, 2015 12:07 am Post subject: |
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Alchemist wrote: | Hi,
Good attempt but truly I couldn't understand an iota of what this spreadsheet is showing ...
Cheers
SH |
Hi Alchemist,
I'll explain everything properly when I'll release the final version of excel sheet. If you are familiar with Excel based trading tools it wont be difficult for you.
Thanks,
Snehil
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SukhiAatma White Belt
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Joined: 21 May 2015 Posts: 3
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Post: #412 Posted: Wed Aug 05, 2015 1:38 pm Post subject: 5/34 crossover and SL |
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amitagg wrote: | Market above 8530 tomorrow shall give an additional buy signal. SL for 31st buy was protected today( although price moved below 200ema). Additonal buy can happen in morning. If not pierced a sell below 8480 May trigger subject to entry below crossover candle 5/200 ema 30tf |
Hi Alchemist,
Yesterday there was clear 5/34 bearish crossover on NS @30 TF. NS did bounce back and again there was bullish crossover with both 5&34 ema above 200 ema. The 5/34 bearish crossover clearly indicated to exit the longs and we did re-enter when 5/34 bullish crossover. however, I read other members saying that SL was protected and you also said NF Bullish Yorker continue in SB. can you please explain.
Thanks
Sukhi Aatma
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amitagg Black Belt
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Joined: 01 Oct 2013 Posts: 4559
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Post: #413 Posted: Wed Aug 05, 2015 2:16 pm Post subject: Re: 5/34 crossover and SL |
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SukhiAatma wrote: | amitagg wrote: | Market above 8530 tomorrow shall give an additional buy signal. SL for 31st buy was protected today( although price moved below 200ema). Additonal buy can happen in morning. If not pierced a sell below 8480 May trigger subject to entry below crossover candle 5/200 ema 30tf |
Hi Alchemist,
Yesterday there was clear 5/34 bearish crossover on NS @30 TF. NS did bounce back and again there was bullish crossover with both 5&34 ema above 200 ema. The 5/34 bearish crossover clearly indicated to exit the longs and we did re-enter when 5/34 bullish crossover. however, I read other members saying that SL was protected and you also said NF Bullish Yorker continue in SB. can you please explain.
Thanks
Sukhi Aatma |
Yes u are right. Alchemist will clarifty and clear the doubts.
Infact I only earlier once pointed to Sumesh Sol etc in some other post that entry should be below low or high of crossover candle.....this I experienced from my crude oil trades.........then Alchemist had amended or modified the system......this was not the trigger for SH / Alchemist strategies last year.....atleast for entries this is important.....for Sls also I would believe the same...... SO I considered SAR trade with 5/200 "confirmation crossover" as stop....... I would be wrong therefore simply as per rules (in not considering 5/34 exit).
(Another reason is 5/34 can be after an uptrending thrust has happended after 5/200 crossover to protect profits, in case of sideways move, we may allow the trade to move, and hence consider 5/200 crossover which I did this is not as per system but we can modify as "trade management" experience )
Since my other systems were in buy, I would protect the sold 8500 PUT (bullish trade) and booked the profits today , basis Umesh's random profit booking comment. Struggle at multiple points was suggesting a consolidation. Future likewise I made profits above 8503 spot yesterday and booked near closing.... Since I had 100 points premium safety in sold PUTs, I could ride the fall of 100 points yesterday....without triggering the stop since it was a BUY above JT 8440 level...and some other indicators....so did not want to exit on 5/34 crossover.
It has been pointed earlier that........Low of crossover candle/ 5/34 crossover..... etc are possible options for SL...
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Alchemist Yellow Belt
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Joined: 09 Aug 2010 Posts: 853
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Post: #414 Posted: Wed Aug 05, 2015 3:56 pm Post subject: Re: 5/34 crossover and SL |
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SukhiAatma wrote: | amitagg wrote: | Market above 8530 tomorrow shall give an additional buy signal. SL for 31st buy was protected today( although price moved below 200ema). Additonal buy can happen in morning. If not pierced a sell below 8480 May trigger subject to entry below crossover candle 5/200 ema 30tf |
Hi Alchemist,
Yesterday there was clear 5/34 bearish crossover on NS @30 TF. NS did bounce back and again there was bullish crossover with both 5&34 ema above 200 ema. The 5/34 bearish crossover clearly indicated to exit the longs and we did re-enter when 5/34 bullish crossover. however, I read other members saying that SL was protected and you also said NF Bullish Yorker continue in SB. can you please explain.
Thanks
Sukhi Aatma |
Hi,
a mere crossover is not enough, we need to wait for highs/lows to be taken out of the crossover candle before entering/exiting trades.
Yesterday 5/34 bearish cross happened however the lows of the crossover candle was not breached hence longs continued.
Cheers
SH
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Alchemist Yellow Belt
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Joined: 09 Aug 2010 Posts: 853
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Post: #415 Posted: Wed Aug 05, 2015 3:59 pm Post subject: |
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snehil2010 wrote: | Alchemist wrote: | Hi,
Good attempt but truly I couldn't understand an iota of what this spreadsheet is showing ...
Cheers
SH |
Hi Alchemist,
I'll explain everything properly when I'll release the final version of excel sheet. If you are familiar with Excel based trading tools it wont be difficult for you.
Thanks,
Snehil |
Thanks, look forward to it.
Cheers
SH
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SukhiAatma White Belt
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Joined: 21 May 2015 Posts: 3
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Post: #416 Posted: Wed Aug 05, 2015 10:53 pm Post subject: Re: 5/34 crossover and SL |
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Alchemist wrote: | SukhiAatma wrote: | amitagg wrote: | Market above 8530 tomorrow shall give an additional buy signal. SL for 31st buy was protected today( although price moved below 200ema). Additonal buy can happen in morning. If not pierced a sell below 8480 May trigger subject to entry below crossover candle 5/200 ema 30tf |
Hi Alchemist,
Yesterday there was clear 5/34 bearish crossover on NS @30 TF. NS did bounce back and again there was bullish crossover with both 5&34 ema above 200 ema. The 5/34 bearish crossover clearly indicated to exit the longs and we did re-enter when 5/34 bullish crossover. however, I read other members saying that SL was protected and you also said NF Bullish Yorker continue in SB. can you please explain.
Thanks
Sukhi Aatma |
Hi,
a mere crossover is not enough, we need to wait for highs/lows to be taken out of the crossover candle before entering/exiting trades.
Yesterday 5/34 bearish cross happened however the lows of the crossover candle was not breached hence longs continued.
Cheers
SH |
Hi Alchemist,
Yeah.. that was one point I missed and forgot all together. Thanks for the input.
However, on the recent backtest ( just visual) I notice that both entry and exit are 20-40 away because of the breach confirmation of the crossover candle.
Thanks
Sukhi Aatma
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anusantosh White Belt
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Joined: 19 Jun 2011 Posts: 105
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Post: #417 Posted: Mon Aug 10, 2015 3:37 pm Post subject: Confirmed? |
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Is 5-34 EMA crossover confirmed for present long to exit?
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amitagg Black Belt
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Joined: 01 Oct 2013 Posts: 4559
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Post: #418 Posted: Mon Aug 10, 2015 7:10 pm Post subject: Re: Confirmed? |
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anusantosh wrote: | Is 5-34 EMA crossover confirmed for present long to exit? |
Only speaking for fresh short entry, it is yet to trigger
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vids White Belt
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Joined: 12 Mar 2010 Posts: 102
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Post: #419 Posted: Mon Aug 10, 2015 9:56 pm Post subject: Re: Confirmed? |
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anusantosh wrote: | Is 5-34 EMA crossover confirmed for present long to exit? |
For longs to exit - today's 15:30 candle low needs to be taken-out.
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ajit602 White Belt
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Joined: 11 Sep 2012 Posts: 370
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Post: #420 Posted: Tue Aug 11, 2015 12:53 pm Post subject: |
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Position taken. Short
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