Bandlab
Sorry for not responding during the day. I am not a full time trader. For this system I am trying out something new. I am trying to take "ME" out of the trading. I set up the rules. I log in at open spend 15 min to set up alerts on PIB and hand over the system to someone else to trade. They have to trade according to the rules. I basically cannot be infront of the trading screen and also don't like to. Being in front of the screen has been injurious to my economic health in the past. So once the rules are back tested and you feel confident about them, I am seeing if it is more successful if someone else trades for me. They will only take the trades generated by the signal. No impulsive trades, no trying out something else, no creating new rules on the fly, basically no discretion. This is a short term experiment.
Today ET has reported that 200 brokers have been given permission to introduce algo trading. Once that becomes common, I hope to switch over to that. Then the person with the robust system will survive.
Answering your questions, the stocks I track for this system are: Reliance, ONGC, Bhartiartl, HDFC, HDFCBANK, SBI, Infosys, ICICBANK.
Today, 6 stocks broke 2DL and Infy broke 2DH. reliance was neutral. But only ONGC crossed the PC after the break thus triggering the trade under the system. It ended in profit.
Thanks for reporting your trades live. Increases the confidence in the system.
Sorry for not responding during the day. I am not a full time trader. For this system I am trying out something new. I am trying to take "ME" out of the trading. I set up the rules. I log in at open spend 15 min to set up alerts on PIB and hand over the system to someone else to trade. They have to trade according to the rules. I basically cannot be infront of the trading screen and also don't like to. Being in front of the screen has been injurious to my economic health in the past. So once the rules are back tested and you feel confident about them, I am seeing if it is more successful if someone else trades for me. They will only take the trades generated by the signal. No impulsive trades, no trying out something else, no creating new rules on the fly, basically no discretion. This is a short term experiment.
Today ET has reported that 200 brokers have been given permission to introduce algo trading. Once that becomes common, I hope to switch over to that. Then the person with the robust system will survive.
Answering your questions, the stocks I track for this system are: Reliance, ONGC, Bhartiartl, HDFC, HDFCBANK, SBI, Infosys, ICICBANK.
Today, 6 stocks broke 2DL and Infy broke 2DH. reliance was neutral. But only ONGC crossed the PC after the break thus triggering the trade under the system. It ended in profit.
Thanks for reporting your trades live. Increases the confidence in the system.
