Intraday trading strategies (formulae)

[vvvv]

any body who has checked the strategies? actual or on paper? any thing to share?
intradaysure

ur morning 30 mins strategy...im not sure if its working...if u r trading on it , can u upload a chart for easy understanding

 

[kishy_99]

Hi VPS,

The following data is for reliance industries:

2 sep 08 open = 2140 high = 2225 low= 2125 close = 2212.75

4 sep08 open = 2250 high= 2250 low= 2132 close = 2152.25

todays close price is 2152.25 and previous close means the closing price of the previous day (2 sep 08 ).

Hope this answers your question

 

[rajendrani]

awesome work.

 

[kapil123]

By looking at the EOD data, this system always will look like that it works. Let us take an instance, suppose Reliance Open is 2150 and High is 2150 at 10.30 am. It breaks this level at 11.30. Now after EOD when you look at the open, high, low, close you will not come to know that the open and high were same at 10.30. So how can we judge the success? Because after the day is over, Open will be same as High or Low if the trend has been one way.

This IMO is similar to doing the analysis by looking at the RHS of the charts.

 

[HEM]

hello intradaysure,
please bring more for us on intraday trading strategies.

 

[lakshmidvs]

sir,
Thank you very much for your valuable information.It seems very very good, though it seems to be a bit confusing and hard. Let me apply these and get results. Mainly I wish to apply the 'morning 30 minutes strategy ' . Thank you once again.
LakshmiDVS

 

[velamb]

Hi
All the posts have added to my knowledge now something from me on resistance & support levels
u could calculate 3 levels for support & resistance on the basis of previous days High(H),lOW(L),Close(C)
1. Difference(D)=H - L
2.Weighted Average(WA)=(H+L+C)/3

Support levels
S1=(2*WA)-H
S2=WA-D
S3=S2-((S1-S2)*2)

Resistance levels
R1=(2*WA)-L
R2=WA+D
R3=R2+((R2-R1)*2)

 

[brunei]

thanks for valuable information

 

[ramling]

Dear Sirs,
Thanks for all the valuble infomations and suggestions.ALL are very informative.
With regards,
Ramling.

 

[manish_1s]

Thanks Boss
I'm new to this forum
Hope i can learn something out here