Nifty 8DMA plus minus trading stratagy

[dipendu]

What I observed are as follows:

1) When Buy triggered @ 7449 (Spot) then Fut price was 7470
2) When Sl triggered @ 7422 (Spot) then Fut price was 7430

i.e. as per spot loss of 27 points but as per fut loss 40 points.

3) When Sell triggered @ 7422 (Spot) then Fut price was 7430
4) Target achieved @ 7379 (Spot) then fut price was 7390

i.e. as per spot profit of 43 points but as per fut price profit 40 points.

Hence, as per spot price net profit 16 points but as per future price no profit no loss.

Pl share your observation(s).

 

[sharktooth]

Today the 8dema was crossed. Taken positions at 7154. Target 7224

 

[sharktooth]

Target Achieved

 

[Fundootrader]

Target Achieved

So this is for intraday or does it work over swing too - from your posts it seems you entered on Friday and exited on Monday ?

 

[sharktooth]

Its not intraday. I entered when 8DEMA was crossed from below with a target of +70.

 

[jassinko]

So this is for intraday or does it work over swing too - from your posts it seems you entered on Friday and exited on Monday ?

Fundoo.......please read first few posts of thread and u will know the system.... its a powerful system with good R:R and success ratio......... it is not an intraday but swing system....max u get Sl/tgt in a day or 2, sometime in a week and rarely above week.........

 

[Fundootrader]

Fundoo.......please read first few posts of thread and u will know the system.... its a powerful system with good R:R and success ratio......... it is not an intraday but swing system....max u get Sl/tgt in a day or 2, sometime in a week and rarely above week.........

i've gone through the thread- it wasn;t clear if it was intraday or swing.

Also what about gap up/downs - I see SL of some 27-30 points - but what if there is gap against your trade direction

 

[mittens]

i've gone through the thread- it wasn;t clear if it was intraday or swing.

Also what about gap up/downs - I see SL of some 27-30 points - but what if there is gap against your trade direction

They are using EOD candles.
Hence its swing, and 27-30 point is a back-tested optimum value of SL.

Its a good system, simple and works.

 

[jassinko]

i've gone through the thread- it wasn;t clear if it was intraday or swing.

Also what about gap up/downs - I see SL of some 27-30 points - but what if there is gap against your trade direction

i m paper trading this system with some modification from few months and many gap up/down open during this time......... not a single against me....... but it might happen next time (u never know) but overall R:R is still good to cover this uncertainty........

But we only get avg 3-4 trades during a month.....so in many gap up/down, we are out of any trades and when we trade, it usually in our favour...

 

[Sammy.Young]

i m paper trading this system with some modification from few months and many gap up/down open during this time......... not a single against me....... but it might happen next time (u never know) but overall R:R is still good to cover this uncertainty........

But we only get avg 3-4 trades during a month.....so in many gap up/down, we are out of any trades and when we trade, it usually in our favour...

What all modifications are you talking about friend?