iCharts Discussions

[ashutoshbpl]

Hi,
First of all let me clear that MACD oscillator and TRD are not the same. Taking the same example of HDFC see candles 16/2 to 18/2 u can see clearly who is the real winner.
thnx a ton to TM coz testing every indicator is not possible for anybody but yes this indicator if studied minutely can give u wonders. Again see TRD on eod of HDFC it is continuously making lower highs a sort of divergence so clearly indicating that this stock should be shorted at highs. my say is do multi time frame analysis using this indicator and confirm ur trade as it definitely gives more confidence while trading.
thnx a lot TM.....

[vinst]

Hi,

I found the following on trend deviation. Is this what ashutosh followed?

..............
Trend Deviation and Moving Average (MA)

An alternative approach with trend-deviation indicators is to smooth out unwanted volatility with the aid of two Moving Average (MAs).

An alternative approach with trend-deviation indicators is to smooth out unwanted volatility with the aid of two Moving Average (MAs). The actual trend-deviation series is calculated by taking a 26-week Moving Average (MA) of the closing price divided by a 52-week Moving Average (MA). The second series is simply a 10-week Moving Average (MA) of the first. Buy and sell alerts are then triggered as the smoothed trend deviation indicator crosses above or below its 100week Moving Average (MA). Then look for a confirmation from the price itself.

A useful method that greatly reduces such whipsaw activity, but still offers timely signals, is to advance the 52-week Moving Average (MA) by 10 weeks when the trend-deviation calculation is being made. This means that each weekly close is divided by the 52-week Moving Average (MA) as it appeared 10 weeks before.

In this example, the whipsaw was filtered out since the trend deviation indicator fails to cross decisively below its Moving Average (MA). This is the only legitimate combination for weekly charts, but it is one that appears to operate quite well. There is always a trade-off when you try to make signals less sensitive and in this case we find that there is occasionally a small delay compared to the non advanced 52-week Moving Average (MA).

The most obvious one on this chart developed at the beginning of 1997, where the lagged series in the center panel crossed its Moving Average (MA) at a slightly higher price. In most instances though, this is a small price to pay if a costly whipsaw can be avoided.
.......................

http://www.1technicalanalysis.com/momentum-indicators/MACD/trend-deviation-and-moving-average.php

regards,
vin

[Trade Master]

Would like to thank ashu and vinst for throwing lite on the topic. Well, trades based on trend deviation are working fine with me, be it HDFC shorts of last day,or nifty charts with 10,30,60 minute TF's....rarely it has given any wrong trade indications. Would come soon with more charts on this...trade well till then !

[rvg]

I believe MACDO can give confirmation signal on TRD.. please give feedback on attached chart of Nifty Spot

[ashutoshbpl]

rv macdo just lags trd, yes it can be best used as a combo. So best things is to enter positions on trd and use macdo as confirmations.

[Trade Master]

Hi Folks

Posting Nickle May-09 chart ..based on EOD projections of TRD, its time now to cross below 1 level now...it may take a bit of whipsaws, but as per MACDO confirmation also (considering point of RVGANDHI), downtrend is visible..I am now short on it @ 610 and will keep it till expiry with SL of 625-630, and SL is reversible.

Thanks
TM

[Trade Master]

Hi guys

So Nickel short @ 610 as per TRD + MACDO combination confirmation went to 572 levels in 2 trading days only !!!!

Just see the power of TRD guys...

Thanx
TM

[Trade Master]

Next target..Natural Gas shorting @ 205-206 levels (June series) with SL 210, and as ever, SL is reversible.

[Trade Master]

Update on Natural Gas (same day 5 hrs later)..
Shorted @ 206 and currently @ 196...Cool 10 points (1250*10=12500 per lot in 5 hrs)

hats off TRD !!!

Thanx
TM

[HARISRIB]

Hi Friends,

I have been following this system for quite some time now.. Today infosys gave -ve divergence on EOD charts.. Can any guru here confirm the same..

chandu

[Trade Master]

[Trade Master]

[HARISRIB]

Hi Trade Master,

Thanks for the confirmation.. I am short in infy@1526.. With TRD indicator the entry points for longs or shorts are good.. But which indicator do u use to exit..

Thanks,
Chandu

[karthe]

Hi Trade Master,

Could you please tell me how would you calculate the Stop loss for this?

Thank you.

[ganesh_pl]

Hi Trade Master,
For Intraday trading what time frame best suited for TRD.. Its good to most reliable signal in EOD chart, Thanks ...

Ganesh.