Nifty Live Crossover System

Friends,

Has anybody of you tried the nifty live crossover system?

http:// www trendystock.com /live-cross-over-nifty-trading-system_12.html

What are the good points and drawbacks of this system. It seems more of like a positional trading system.

Your comments?

NiftyTrader

As per chart this system hasn't given a buy signal yet, although nifty is touching 5300

This system has already given BUY signal, when ema(70) crossed ema(1030), 3-4 days back.

One should follow this system for positional and long term purpose.

One question i want to ask here, that is, this ema(70) & ema (1030) is equivalent to which ema in amibroker ???

Brother,

I think you have the clue in your first sentence. If the system has given buy signal 3-4 days back, adjust amibroker's EMAs so as to align the exact crossover on the particular day.

Only thing ..... you should know exact date when the system has given the buy signal.

It's equivalent EMA are EMA 14 and EMA 206 in Amibroker

The faster line (red ) goes above the green - > Close shorts & immediately go long.

The faster line (red ) goes below the green - > Close longs & immediately go short.


Green line crossed above red on 15 june.. i guess that can be called as a breakup or a BUY Signal..

I think instead of red above green signals buy it should be green above red signals a buy..