Nifty Futures' HH & LL Strategy

#1
According to the above mentioned strategy, following is the result of past year(24/3/2011 to 30/3/2012):
Total No Of Trades : 30
Profit Trades : 21
Loss Trades : 9
Profit Points : 3329.25
Loss Points : 647.55
Net Points : (+)2681.70

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Current Short Trade at 4925, started yesterday and its still open.
First SL : 5011
Second updated SL : 4927
 
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#2
According to our HH Strategy, whenever the market breaks the level of previous high, a Buy trade is opened and the previous low of the market becomes the SL. This strategy works in the direction of the market. As the market goes Higher High, the SL keeps getting closer to the trade price. And due to this, the loss is minimised and we can get the maximum profit. This HH Strategy can be seen in the two screenshots.


If you look at the first screenshot, then you can see that there was a Buy trade entered on 31/1/2012 at the price of 5224.95 with a SL of 5101.10.

As the markets moved forward, we got second opportunity to enter the market in case if we missed the first entry. This opportunity was created on 1/2/2012 at the price of 5234 with the SL 5178.50. Also if entry was gained the first time then the SL of 5101.10 got updated to 5178.50.

Looking further the same screenshot, we can see that there was the third entry point on 3/2/2012 at the price of 5299.90 with the SL 5253.05. Thus the SL keeps getting updated with the market.

Similar thing happens in the second screenshot too and we get two more entry points with two new SLs.

Similarly the LL Strategy works when the market is bearish and that can be seen in the screenshot.


Now because the markets were bullish for so long, we got 6th entry point according to HH Strategy on 16/2/2012 at the price of 5564.45 with the improved SL of 5501.55.


Now on 23/2/2012 market broke the level of 5501.55 which was the previous low and also our SL. From there we got an entry for Short according to our LL Strategy with the SL of 5700 which was the previous high. But similarly when the markets moved forward in a bearish direction, our SL got improved in the same way when our markets were bullish. (SCREENSHOT 3)
 

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#3
The thing to note here is that when we first entered the trade (BUY) the price was 5224.95 and the SL was 5101.10 which in the end went upto 5501.55. So now if our trade is still open and if it hits our SL we still make profit.


Now the decision as to which Higher High(to buy) or Lower Low(to sell) of the markets has to be considered, is taken by following the different indicators which we have set in our charts(not shown here) and this is our secret which we cannot reveal and which is our own monopoly.

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#4
The thing to note here is that when we first entered the trade (BUY) the price was 5224.95 and the SL was 5101.10 which in the end went upto 5501.55. So now if our trade is still open and if it hits our SL we still make profit.


Now the decision as to which Higher High(to buy) or Lower Low(to sell) of the markets has to be considered, is taken by following the different indicators which we have set in our charts(not shown here) and this is our secret which we cannot reveal and which is our own monopoly.

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Any swing strtegy shall work good in trending market. Can you specify how much profit you generated between 20 Mar 2012 and 30 April 2012?
 
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#7
According to our HH & LL Strategy, entry point and SL are pre decided in advance.

For example, presently, if the market will cross the level of 4927, then we would get the entry to go Long(Buy).

Although this might change if the market starts going downwards(it is in upward direction for now) because then the levels would change but still we would know in advance when to enter and the SL too.
 

rh6996

Well-Known Member
#8
As this is not an intraday strategy, we generally calculate profits quarterly.. I will be attaching a quarterly result sheet here soon.. Thank You..
Thanks for showing a glimse of your "Properietory Trading System" ! As it is not a Intraday strategy why have you posted 15 Min Charts?
Is it that you trade 15 min. charts for these trades? Please reply if it permits your strategy to still remain hidden???
 
#9
Thanks for showing a glimse of your "Properietory Trading System" ! As it is not a Intraday strategy why have you posted 15 Min Charts?
Is it that you trade 15 min. charts for these trades? Please reply if it permits your strategy to still remain hidden???

1.) Yes we do trade in 15min charts.

2.) The main things we follow in this strategy are some indicators and the high and low levels. The reason to use this timeframe is that we get the entry and SL earlier than what we would get by using a larger time frame.

3.) Even in this 15min timeframe, we just get approximately around 32 trades a year. So just imagine the number of trades in the larger timeframe.
 

Rish

Well-Known Member
#10
1.) Yes we do trade in 15min charts.

2.) The main things we follow in this strategy are some indicators and the high and low levels. The reason to use this timeframe is that we get the entry and SL earlier than what we would get by using a larger time frame.

3.) Even in this 15min timeframe, we just get approximately around 32 trades a year. So just imagine the number of trades in the larger timeframe.
Past performance not guaranteed for future trade.

Now tell TJ members only one thing, now what nifty says

"Buy or Sell"

Since, you says it is not intraday, tell me shall we go long or short.
 

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