My Nifty/Mini-Nifty Positional trade logs

Can Stochastics indicator alone be used for positional trading?


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summasumma

Well-Known Member
#11
2nd jan 2012 update:
(32,9,1) = up
(21,9,1) = up
(15,3,1) = up

Didn't enter any trade as the (15,3,1) change in signal is not felt strong enough(just 1 point up) and also 315ema both lines went down.
Looks like the yesterday's signal by all 3 stochs as UP was right... but missed the entry yesterday EOD and now nifty up 100 points... :annoyed:
 

summasumma

Well-Known Member
#12
(32,9,1) = up
(21,9,1) = up
(15,3,1) = up

Missed the entry yesterday because of trying to be smart(not going by rules)..and didn't enter long today also @ EOD as i got struck with some office meeting...

Will try to enter on any pullback, if happens. Otherwise for study purpose, ideal entry as per rules should be on 2nd jan eod around 4650.
 

summasumma

Well-Known Member
#16
(32,9,1) = up
(21,9,1) = up
(15,3,1) = up

all stochs went up...holding long
Entered long in NF @ 4755...
cmp: 4758
One more observation is that, when the (15,3,1) is going up but the market is making lower closes(like the last 2 days as you can see in the image), Then it is expected that market will go down and pull (15,3,1) to start going down(and vice-versa for going up). I have seen this quite a number of times in the last year chart...but lets see tomorow....



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summasumma

Well-Known Member
#18
(32,9,1) = up
(21,9,1) = up
(15,3,1) = down

(15,3,1) came down today...Exited long
Entered long in NF @ 4755...
Exit: 4758..

This trade is atleast better than first trade which went in loss :)

Gap in parents in >8 now... and also the kid is in other direction.
So no position untill either parents comes closer or all of them moving in same direction...
 

summasumma

Well-Known Member
#19
Exited long yesterday and missed 100 points again by 1 day let down by (15,3,1)...

Atleast the odd things are happening during initial stage of this strategy testing itself which i believe will help in improving the system.

No entry untill parents come closer(basics of this strategy)....I will do some data processing with past 1 yr data to see if any improvements is possible to catch the good-move trades which i missed out becoz of (15,3,1).
 

summasumma

Well-Known Member
#20
Last 6 days the gap btwn the parents is getting bigger... which is good indication as per the rules.
-3.820368722
-5.591644783
-8.754984669
-13.34834477
-17.70595945
-21.62892047

expected trend=zigzag/sideways for next few days.
When the gap comes closer strong trend will start. Will wait for it
 

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