A simple way to play positional NIFTY....!

[linkon7]

Hi Linkon,

On what all instruments have you backtested this strategy? And on what all instruments have you tested Live on this?

Any results that you can share with us?

Happy Trading

I trade nifty so i can vouch for its efficiency in nifty only... eg. At 12:30 on 26th it gave a buy at 4281 and I'll hold on till nifty break 4350 (or where ever the 1030 min is at) on the down side, then I'll go short at that cross over or hold on till it reverses again...

 

[surenther.ss]

I seen it... Its great...! I have been following it for some time now...! i'm impressed...!

Hai If possible provide me the link so i can also check that Thanks :thumb:

 

[surenther.ss]

Kudos to Linkon sir for starting this thread and also Surenther sir for the detailed explanation of his trading strategy.
@surenther.ss
Have u tried this only in Nifty or also for intraday trading in stocks ?

Friend i have tested this on some nifty stocks but that is not much accurate compare to Nifty..

 

[linkon7]

Hai If possible provide me the link so i can also check that Thanks :thumb:

http://www.traderji.com/day-trading/29798-prides-intra-day-strategy-profit-everyday.html

 

[Sunil]

Click here for Source & auto-refreshing chart

Good to see Moving Averages back in form in the forum

 

[puneet_gaur2k1]

Dear Linkon Sir,

There is little confusion..

1. 70EMA is 70 min Exponetial moving avrage. (ok)
2. But what is 1030 EMA..?
3. If i have the charting software then what time-frame i should use to plot the chart.

Thanks in advance..:thumb:

Regards,
Puneet Gaur

 

[MurAtt]

1030 is 1030minute moving average

 

[puneet_gaur2k1]

Thanks Murtaza Sir,

ok then what time frame should i plot on chart.

Regards,
Puneet Gaur

 

[linkon7]

Thanks Murtaza Sir,

ok then what time frame should i plot on chart.

Regards,
Puneet Gaur

http://www.truedataindia.com/page.php?p=15

try this for the chart....

 

[linkon7]

http://niftydoctor-trading.blogspot.com/


A similar system that uses the 100 min ema, 400 min ema and the 1000 min ema.
The system features three moving averages:
fast, middle and slow.

Entry points are determined by the middle moving average crossing the long moving average and exit points by the fast moving average crossing the middle moving average:

Go long when:
middle moving average crosses to above slow moving average from below;
AND fast moving average is above middle moving average.

Close long when
fast moving average crosses to below middle moving average from above.

Go short when:
middle moving average crosses to below slow moving average from above;
AND fast moving average is below middle moving average.

Close short when
fast moving average crosses to above middle moving average from below.

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