Nifty Futures Trading

SGM · #**4671** 10th May 2008, 11:00 PM

Quote:

Originally Posted by lvgandhi

Kindly excuse me for my ignorance. I saw am afl for Kolkata meet indicator giving a single line. Is there any afl for this band. Any reference please? and any rules to follow with the band please?

Quote:

Originally Posted by nagendra_gb

pls pls share us the AFL for this .

Thanks,
Nagendra

I think the afl code was already posted in the thread for kol indicator

Code:

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

_SECTION_BEGIN("Kolkata Meet - Bands");
//..........................................................................

a = Param("Angle Degrees",30,15,90,15);
n = Param("Slope_Bars",5,10,50,1);

a    = (22 / 7) * (a / 180);

Num = NumL = NumH = 0;
Den = 0;

for (i = 1;i < n+1;i++)
{
	Num  = Num  + sin(i * a) * Ref(C,-i-1);
	NumL = NumL + sin(i * a) * Ref(L,-i-1);
	NumH = NumH + sin(i * a) * Ref(H,-i-1);
	Den = Den + sin(i * a);
}

j  = Num/Den;
jL = NumL/Den;
jH = NumH/Den;

//Plot(j, "Slope", IIf(j > Ref(j,-1), colorBlueGrey,colorLime), styleThick | styleDashed);
Plot(jL, "LB", colorLime,styleThick | styleDashed);
Plot(jH, "UB", colorBlueGrey,styleThick | styleDashed);

_SECTION_END();

_SECTION_BEGIN("Signal 04");
Buy  = C > jH;
Sell = C < jL;

Buy  = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);

Short = Sell;
Cover = Buy;

Short = ExRem(Short,Cover);
Cover = ExRem(Cover,Short);
_SECTION_END();


_SECTION_BEGIN("Plot Arrows");
//Position size fixed 100 units
SetPositionSize(100,4);
SetTradeDelays(1,1,1,1);


PlotShapes(shapeUpArrow * Buy, colorBlue,0, L,-20);
PlotShapes(shapeDownArrow * Short, colorRed,0, H, -20);
_SECTION_END();

Just hope the moderators don't ban me for posting code in this thread

My testing showed works better with higher time frames (hourly and above) found it tough to use with smaller TFs like 2/3/5/ mins..., anyway Goutam is already successfully using it on smaller TFs, so choose what suits you.

Please backtest, forward test, paper trade or any which way you can, just be sure before using in RT.

Regards
Sanjay

SGM · #**4672** 10th May 2008, 11:19 PM

Quote:

Originally Posted by gkpc

i was desperately looking for a RT vendor, still looking for one!!!!
R K Karnani named the person whose data he is using but i need a vendor who gives tick data or atleast one minute data, sir can u guide me in this regard. My friend uses some service from New Delhi and is giving problems for last few days.
eSignal maybe the solution but not sure whether i shall understnd the software. I became after a lot of hard work familiar with metastock...
Views and suggestion on this Data matter shall be really helpful.

ys go for it, should work with MS which you are already using so no need to lrn new software.

As for the other parts of your post did not understand a thing at a casual glance, maybe will read it again 2morrow or monday.

regards

gkpc · #**4673** 11th May 2008, 04:31 AM

Quote:

Originally Posted by SGM

ys go for it, should work with MS which you are already using so no need to lrn new software.

As for the other parts of your post did not understand a thing at a casual glance, maybe will read it again 2morrow or monday.

regards

Thanks sir!!
-Gautam

vvvv · #**4674** 11th May 2008, 06:42 AM

Quote:

Originally Posted by SGM

I think the afl code was already posted in the thread for kol indicator

Code:

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

_SECTION_BEGIN("Kolkata Meet - Bands");
//..........................................................................

a = Param("Angle Degrees",30,15,90,15);
n = Param("Slope_Bars",5,10,50,1);

a    = (22 / 7) * (a / 180);

Num = NumL = NumH = 0;
Den = 0;

for (i = 1;i < n+1;i++)
{
	Num  = Num  + sin(i * a) * Ref(C,-i-1);
	NumL = NumL + sin(i * a) * Ref(L,-i-1);
	NumH = NumH + sin(i * a) * Ref(H,-i-1);
	Den = Den + sin(i * a);
}

j  = Num/Den;
jL = NumL/Den;
jH = NumH/Den;

//Plot(j, "Slope", IIf(j > Ref(j,-1), colorBlueGrey,colorLime), styleThick | styleDashed);
Plot(jL, "LB", colorLime,styleThick | styleDashed);
Plot(jH, "UB", colorBlueGrey,styleThick | styleDashed);

_SECTION_END();

_SECTION_BEGIN("Signal 04");
Buy  = C > jH;
Sell = C < jL;

Buy  = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);

Short = Sell;
Cover = Buy;

Short = ExRem(Short,Cover);
Cover = ExRem(Cover,Short);
_SECTION_END();


_SECTION_BEGIN("Plot Arrows");
//Position size fixed 100 units
SetPositionSize(100,4);
SetTradeDelays(1,1,1,1);


PlotShapes(shapeUpArrow * Buy, colorBlue,0, L,-20);
PlotShapes(shapeDownArrow * Short, colorRed,0, H, -20);
_SECTION_END();

Just hope the moderators don't ban me for posting code in this thread

My testing showed works better with higher time frames (hourly and above) found it tough to use with smaller TFs like 2/3/5/ mins..., anyway Goutam is already successfully using it on smaller TFs, so choose what suits you.

Please backtest, forward test, paper trade or any which way you can, just be sure before using in RT.

Regards
Sanjay

hi sanjay,
pls provide the back testing settings used to back test this indicator & other indicators in amibroker.also how are u forward testing it??

lvgandhi · #**4675** 11th May 2008, 07:45 AM

Quote:

Originally Posted by SGM

I think the afl code was already posted in the thread for kol indicator

Code:

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

_SECTION_BEGIN("Kolkata Meet - Bands");
//..........................................................................

a = Param("Angle Degrees",30,15,90,15);
n = Param("Slope_Bars",5,10,50,1);

a    = (22 / 7) * (a / 180);

Num = NumL = NumH = 0;
Den = 0;

for (i = 1;i < n+1;i++)
{
	Num  = Num  + sin(i * a) * Ref(C,-i-1);
	NumL = NumL + sin(i * a) * Ref(L,-i-1);
	NumH = NumH + sin(i * a) * Ref(H,-i-1);
	Den = Den + sin(i * a);
}

j  = Num/Den;
jL = NumL/Den;
jH = NumH/Den;

//Plot(j, "Slope", IIf(j > Ref(j,-1), colorBlueGrey,colorLime), styleThick | styleDashed);
Plot(jL, "LB", colorLime,styleThick | styleDashed);
Plot(jH, "UB", colorBlueGrey,styleThick | styleDashed);

_SECTION_END();

_SECTION_BEGIN("Signal 04");
Buy  = C > jH;
Sell = C < jL;

Buy  = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);

Short = Sell;
Cover = Buy;

Short = ExRem(Short,Cover);
Cover = ExRem(Cover,Short);
_SECTION_END();


_SECTION_BEGIN("Plot Arrows");
//Position size fixed 100 units
SetPositionSize(100,4);
SetTradeDelays(1,1,1,1);


PlotShapes(shapeUpArrow * Buy, colorBlue,0, L,-20);
PlotShapes(shapeDownArrow * Short, colorRed,0, H, -20);
_SECTION_END();

Just hope the moderators don't ban me for posting code in this thread

My testing showed works better with higher time frames (hourly and above) found it tough to use with smaller TFs like 2/3/5/ mins..., anyway Goutam is already successfully using it on smaller TFs, so choose what suits you.

Please backtest, forward test, paper trade or any which way you can, just be sure before using in RT.

Regards
Sanjay

Thank you very much,

SGM · #**4676** 11th May 2008, 08:30 AM

Quote:

Originally Posted by vvvv

hi sanjay,
pls provide the back testing settings used to back test this indicator & other indicators in amibroker.also how are u forward testing it??

Hello

Here's the settings, mostly default or in the code.

You will not be able to emulate Gautam's results in the back test, the afl uses lower band for sell/short and upper band for buy/cover, where as gautam is doing it the other way.

Another difference, it seems from his post that after taking the signal he is ignoring all the other indicator signals till the current position is closed. In other words once in the trade he is using price action for managing the trade and not really bothered about what the indicator is indicating. Quite valid way of doing it.

But the biggest difference will be he stops trading after few trades (Profit / Loss targets achieved).

Hello Asish

Is there a way to shift the posts related to Kol indicator, to its thread, it would be good to have all the relevant posts in one place.

regards
Sanjay

SGM · #**4677** 11th May 2008, 09:36 AM

Quote:

Originally Posted by gkpc

I have set rules, written on paper to read and ffollow....

Let me try to explain as best possible :

Hello Goutam

Plz cut out the sir part, just the name should do

Its good that you have written rules which you follow, not many here can say that

I will skip reading again thru the explanation part as don't want to put more energy into it. One thing is clear though that you are not taking all the crosses of the price/close on the bands, and using price action(H/L) based rules to manage the trade. Good as it is working out for you.

Just hope that those who intend to use Kol Indicator got to learn something from these interactions.

Regards
Sanjay

rkkarnani · #**4678** 11th May 2008, 11:34 AM

Quote:

Originally Posted by SGM

Hello Goutam

Plz cut out the sir part, just the name should do

Its good that you have written rules which you follow, not many here can say that

I will skip reading again thru the explanation part as don't want to put more energy into it. One thing is clear though that you are not taking all the crosses of the price/close on the bands, and using price action(H/L) based rules to manage the trade. Good as it is working out for you.

Just hope that those who intend to use Kol Indicator got to learn something from these interactions.

Regards
Sanjay

Thanks Sanjay for encouraging words for Gautam.... He is a quick learner and should do good in trades!!!!
A small word of praise from a senior goes a loooooooong way for a new commer!!!
Thanx again.
Regards
R K Karnani

vvvv · #**4679** 11th May 2008, 12:07 PM

Quote:

Originally Posted by SGM

Hello

Here's the settings, mostly default or in the code.

You will not be able to emulate Gautam's results in the back test, the afl uses lower band for sell/short and upper band for buy/cover, where as gautam is doing it the other way.

Another difference, it seems from his post that after taking the signal he is ignoring all the other indicator signals till the current position is closed. In other words once in the trade he is using price action for managing the trade and not really bothered about what the indicator is indicating. Quite valid way of doing it.

But the biggest difference will be he stops trading after few trades (Profit / Loss targets achieved).

Hello Asish

Is there a way to shift the posts related to Kol indicator, to its thread, it would be good to have all the relevant posts in one place.

regards
Sanjay

thnks sanjay for the stuff.
i thing this is more or less the settings used for most of the stocks.i think u have used mini - nifty for the settings.
for the long trades im using the following:

buy price = close , buy delay = 0; sell price = open , sell delay = 1;
or buy price = high , buy delay = 1;sell price = open , sell delay = 1;

hope im not wrong.

uasish · #**4680** 12th May 2008, 10:41 AM

Quote:

Originally Posted by uasish

Changed my plan,will sq up only 25 % today.

Squared my Shorts out of remaining 75 % ;50 % today @ 4946.05