I can help you with stock chart reading

vvonteru · #**821** 11th August 2006, 08:19 PM

Quote:

Originally Posted by makri

hello

Pl give me advice about

gitanjali gems
chemplast sanmar
3i infotech

makri

gitanjali gems
-- Wait for 8 EMA cross 50 and then pull back. I am sure it will do this time.

chemplast sanmar
-- Wait for pull back before you enter.

3i infotech
--Wait for 8 EMA cross 50 and then pull back.

Market has come out of the trading range. It is up 3 days. Will pull back pretty soon. At that time, consider these stocks for entry.

Day Trading Info
-- http://www.traderji.com/44907-post62.html
-- You might have to use brokers software. There is some free software in Software section for day trading: http://www.traderji.com/software/6866-coolworks.html
-- I see that you got hold of the e-books.

Niranjanam · #**822** 11th August 2006, 09:20 PM

Hello Friends

An Excel tool to get ATR
http://**********.de/files/29023509/ATR.xls.html

For Many other excel tools

http://www.traderji.com/software/759...ewares-ta.html

Regards
Niranjanam

GKHERA99 · #**823** 11th August 2006, 10:19 PM

Thanx For Ur Good Work.views On Orchid Chemical ,hanil Era Textile

GKHERA99 · #**824** 11th August 2006, 10:21 PM

Can Any Body Tel Me That When One Is Trying To Register On Twonahalf.com Their Is No Activity On Screen.i Tried To Register Twice But Of No Avail.

vvonteru · #**825** 11th August 2006, 11:16 PM

Quote:

Originally Posted by timtomlee

Thanks for ur encouragement. whatever i have learned is from u, the books u have suggested are real gems

the site i visit is twonahalf.com, i suggest u to visit that site. it provides basic information of which stocks are in uptrend, candelstick bullish/bearish patterns
52 week high/low, speed of trend,etc. register urself first, they send u an activation number, activate ur account, and get started.

although i do not entirely follow their recommendations, i do go to icharts.in
and do my own discretional analysis. i think some member in traderji has started that site, i got the site info from here itself, so for more information,
visit http://www.traderji.com/equities/762...ight=twonahalf

Thanks

Quote:

vvonteru, plz consider the following

1. what is ur opinion on "historical volatility" that dave suggests, do u use it?
u said u use ATR, from what i have learned, u use 3*ATR as ur initial risk R.
This i think u use it for stop loss, however i dont' know how do u use it to
measure volatility of stocks? what range tells u it is highly volatile?

Its been a while I read it. Historical volatility can be calculated using EMAs of ATR. You know stock's volatility by comparison to another stock. A stock that has ATR = 100 is more volatile than a stock that has ATR=10. Volalitility is about how much swing (High - Low) in a day. You need this to place a stop and also to calculate position sizing.

Lets say you are buying a stock that that has ATR=20 and close = 100. If you are putting a stop between 80 and 100, you are basically asking for the stop to be hit. U are not giving the stock a chance to test your methodology. 3 * ATR is used to give the stock atleast 3 days to prove U are wrong. You could reduce it to be between 2*ATR and 3*ATR based on previous support.

U need stock's volatility for position sizing. If you buy 100 shares of a stock that has ATR 100, you should expect a swing of Rs 10,000 per day. U need to ask yourself the question, are U comfortable with that kind of change to your porfolio. If not, how much swing can you take in principal per stock per day.

Quote:

2. does the 3/10 oscillator that dave suggests, is MACD value of FAST 3 EMA,
SLOW 10 EMA, smoothed by 1 EMA, i.e 3,10,1. If this calculation is right,
can u suggest any indicator similar to "HISTORICAL VOLATILITY" and its
values?

kindly reply as u always do

regards,

sonu m.

I don't remember. I will read again. Can you specify the book and page no.

Amibroker Scripts
-- I will provide them later.

Orchid Chemical
-- Let it take out 200. Consider after 8 day crossover 50 day. Even then, expect resistance at 200 EMA.

hanil Era Textile
-- Hopefully it will bounce from double bottom. Nothing exciting in both picks.

ramakrishnaiah · #**826** 12th August 2006, 01:24 AM

Thanks.. I really appreciate your dedication in providing answers. I may/may not get an answer I want.. But I like the honesty and objectivity that you look at the question and attempt to answer them.

I know you have already got a huge fan club to which I am also member.. Just could not stop myself from posting this.

Keep it up buddy, We do appreciate you!!

timtomlee · #**827** 12th August 2006, 01:45 AM

Quote:

Originally Posted by GKHERA99

Can Any Body Tel Me That When One Is Trying To Register On Twonahalf.com Their Is No Activity On Screen.i Tried To Register Twice But Of No Avail.

when u register, u write ur username, password, email addr. Next, an email is sent to u ,where ur username, password, and activation no. is provided, alongwith a link to their webpage.

copy the activation number, open the link ,write ur username and password, paste the activation no. in its box, and press submit. Your account will be activated.

Then u are free to access their site.

I think i have provided the link to a detail description of the procedure. however, i will post it again: http://www.traderji.com/equities/762...ghlight=SYSTEM

i think ping_manoj will be the right person to answer ur query.

Regards,

sonu m.

timtomlee · #**828** 12th August 2006, 01:57 AM

Quote:

Originally Posted by vvonteru

I don't remember. I will read again. Can you specify the book and page no..

BOOK: DAVE LANDRY ON SWING TRADNG

"HISTORICAL VOLATILITY" - PAGE 112

"3/10 OSCILLATOR SYST." - PAGE 129

REGARDS,

SONU M.

vvonteru · #**829** 12th August 2006, 04:06 AM

Quote:

Originally Posted by ramakrishnaiah

Vvonteru,

If you have programmed entry and setup criteria in Amibroker, Can you share the code with us?..

I have installed Amibroker and am trying to configure it to generate BUY signals, I am unable to program it

If I put EMA(20,9) > EMA(50,9), it throws error. Please share some input on how to configure Amibroker for coding entry and setup criteria.

Also, I download EOD Bhav copy from NSE everyday. Is there a program utility to update EOD data to amibroker databse?..

Thanks
Shankar

I buy Metastock data. With free data, U have to worry about splits. I am attaching formula scripts.

vvonteru · #**830** 12th August 2006, 04:10 AM

Quote:

Originally Posted by ramakrishnaiah

Thanks.. I really appreciate your dedication in providing answers. I may/may not get an answer I want.. But I like the honesty and objectivity that you look at the question and attempt to answer them.

I know you have already got a huge fan club to which I am also member.. Just could not stop myself from posting this.

Keep it up buddy, We do appreciate you!!

More files for setting up sectors, loading symbols, update industry and sector charts etc. Don't forget to rename files with extension .afl. For chandelier stop, download chandelier plug in from Amibroker site.

Rename broker.industries.txt to broker.industries. Same with broker.sectors. When create a new database, place these files in Amibroker main directory. Then create database. The industries and sectors will be created automatically. However, you need stock data to map to industries. I am attaching a file that has stock symbols from Reuter. Further in loaddata.txt, change the file location to where you will put the stock symbols.

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