iCharts Discussions

[hemant.icharts]

Using Stochastic

Indicators Used :
Stochastic oscillator %K
EMA of High of 8 periods
EMA of Low of 8 periods

Buy:
When % K crosses above 50 from below and close price is above EMA of High of 8 periods

Code:
CLOSE > EMA(HIGH, 8) AND CROSSOVER(SOPK(39, 2 ,2, SIMPLE), 50) = TRUE

Sell:
When % K crosses below 50 from above and close price is below EMA of Low of 8 periods

Code:
CLOSE < EMA(LOW, 8) AND CROSSOVER(50, SOPK(39, 2 ,2, SIMPLE)) = TRUE


Back Tested result on NIFTY(Spot) 1 hour chart:

Back tested from 01-Jan-09 11:55:00 AM to 06-May-14 1:59:59 PM

Total number of trades -----------------------------255
Average number of trades per month ------------ 4
Number of profitable trades ----------------------- 103
Number of losing trades --------------------------- 151
Total profit -------------------------------------------16131.1832
Total loss --------------------------------------------(-7804.1722)
Largest profit ----------------------------------------1820.3080
Largest loss ---------------------------------------- (-207.0550)

[hemant.icharts]

Trend Following

Indicators Used :
Directional Movement System
EMA of 34 periods

Buy:
When close price crosses above EMA 34 from below and ADX OF 14 periods is above 25 and Directional Movement Positive is above Directional movement Negative.

Code:
CROSSOVER(CLOSE,EMA(CLOSE, 34)) = TRUE AND ADX(14) > 25 AND DIP(14) > DIN(14)


Sell:
When close price crosses below EMA 34 from above and ADX OF 14 periods is above 25 and Directional movement Negative is above Directional Movement Positive

Code:
CROSSOVER(EMA(CLOSE, 34), CLOSE) = TRUE AND ADX(14) > 25 AND DIP(14) < DIN(14)



Back Tested result on NIFTY(Spot) 1 hour chart:

Back tested from 01-Jan-09 11:55:00 AM to 06-May-14 1:59:59 PM

Total number of trades -----------------------------70
Average number of trades per month ------------ 1
Number of profitable trades ----------------------- 30
Number of losing trades --------------------------- 39
Total profit -------------------------------------------7956.9125
Total loss --------------------------------------------(-4665.9793)
Largest profit ----------------------------------------1849.5043
Largest loss ---------------------------------------- (-529.6400)

[hemant.icharts]

Trend Following

Indicators Used :
EMA of 13 periods
EMA of 144 periods
MACD 12, 26 AND 9 MA


Buy:
When EMA 13 price crosses above EMA 144 from below and MACD is above 0

Code:
CROSSOVER(EMA(CLOSE, 13), EMA(CLOSE, 144)) = TRUE AND MACD(12, 26, 9, SIMPLE) > 0


Sell:
When EMA 144 price crosses above EMA 13 from below and MACD is below 0

Code:
CROSSOVER(EMA(CLOSE, 144), EMA(CLOSE, 13)) = TRUE AND MACD(12, 26, 9, SIMPLE) < 0



Back Tested result on NIFTY(Spot) 5 Mins chart:

Back tested from 18-Dec-12 11:55:00 AM to 06-May-14 1:59:59 PM

Total number of trades -----------------------------124
Average number of trades per month ------------ 7
Number of profitable trades ----------------------- 61
Number of losing trades --------------------------- 62
Total profit ------------------------------------------- 5151.3744
Total loss --------------------------------------------(-2792.8380)
Largest profit ----------------------------------------321.0460
Largest loss ---------------------------------------- (-381.4531)