Trading with AMA and price action- forward testing

Discussion in 'Trading Diary' started by vijkris, Mar 10, 2016.

?

A good trading method/system generates x % average return per month .

  1. < 5% pm

    16.3%
  2. >5 and upto 10% pm

    34.9%
  3. 10 to 20% pm

    32.6%
  4. Upto 50% pm

    7.0%
  5. Upto 100% pm

    0 vote(s)
    0.0%
  6. Greater than 100% pm

    9.3%
  1. novicetraders

    novicetraders Active Member

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    Thank you for the help, Following all your's and Pratap Sir thread,
    Thanks for the information sharing..

    Much Appreciated
     
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  2. Mungus

    Mungus Well-Known Member

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    Pls update the method using 1TF Sir.
     
  3. vijkris

    vijkris Well-Known Member

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    will do it tonight or from tomo onwards. :)
     
  4. vijkris

    vijkris Well-Known Member

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    bro, after more than a week I got to see live charts . if u want I can share my strategy which is not fully tested.
    in trending market this is a pure winner, no doubt abt that.

    Drawdown occurs at sideways period. but there are ways to reduce it also. I need to work on it more.
    if u observe candles from 12.20 to 13.16, they r dark colored candles indicating potential sideways, with -ve bias as it was below AMA.
     
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  5. Mungus

    Mungus Well-Known Member

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    no prob,I can backtest and share the result,if you share the strategy.Other guys who are following Pratap Sir's method can also jump here with their results.Hope So.

    btw,how did you tag my message from other thread to here?
     
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  6. Mungus

    Mungus Well-Known Member

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    looks like ur query got solved,still I'd like to reply.May be someone else need this.

    go to tools>preference>AFL
    there click on show hidden folders(drag-drop folder is hidden by default).
     
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  7. vijkris

    vijkris Well-Known Member

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    click on quote, copy the whole text including brackets- "
    ]"

    then paste it anywhere in any thread by using "post reply" button.

    BTW: i would like to apologise that i wont be able to share buy-sell arrow code as i do not have the permission for that.:(
    but this method can easily be traded with 2 or 3 setups and arrows is not needed.

    main thing is inside bars afl,which removes noise in 1 min tf. if higher tf normal candlestick chart can be used, but 1 min tf has lot of noise, so i would recommend inside bars afl which is shared in 1st page.

    also idea of rally-decline is needed. alongwith vwap rules shared bu pratap sir.
    pratap sir gave guidelines abt vwap and AMA and has given choice to create any method using both as base.
    he has his own method using 2day,5day vwap etc.
    i have my own method of inside bar candles alongwith rally and decline concept.
     
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  8. vijkris

    vijkris Well-Known Member

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    in the meantime if having ami 5.7, one can test this afl and share the backtest results.
    if higher version ami is there and it throws error means try the solution given in that thread.

     
  9. vijkris

    vijkris Well-Known Member

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    bad day today.2 short trades, both sl hit. mostly it was sideways..

    [​IMG]
     
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  10. vijkris

    vijkris Well-Known Member

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    simple explanation of vwap strategy copied from the other thread.

    [​IMG]
     
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