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| Discuss CoolWorks at the Software within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by rakesh4urs thanks for reply...average volume idea is same of my as u ... |
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#31
22nd June 2006, 04:28 AM
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Re: CoolWorks
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If yahoo gives it, we we can have it too.  Thanks for taking interest in the sheet. Best Regards Coool. 
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#32
29th June 2006, 07:21 PM
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Re: CoolWorks
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Thanks for providing us with this wonderful software. A few queries... 1) On the "NSE Data sheet", when I say Last > 100 and click on Prepare Sheet, I still get a list of stocks that are trading below Rs.100 in the "Master Sheet" Am I missing out on something? I am assuming "Last" means "Close Price" --------------------------------------------------- 2) In the "Master sheet" After market hours, when I click on the Stock symbol, the chart is not getting displayed. A window opens up in Microsoft Photo Editor with the message "Chart Not Available" Is this normal? Can the charts be seen only during market hours? --------------------------------------------------- 3) In the "Master sheet", the % Ch column is showing ### Is there a way to widen the column, so that the figures can be displayed? Whenever I try to widen the column, I get a message saying that "the cell that you are trying to change is protected and therefore read only" --------------------------------------------------- 4) Would it be possible to add the following features: a) A buy & sell call b) When one clicks on the Stock Symbol, if we can get an intraday chart with the 5 minute EMA & 10 minute EMA / Volume / Slow Stochastics & MACD --------------------------------------------------- Once again, thanks for the software & looking forward to your reply... Thanks & regards, Amit
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#33
29th June 2006, 07:59 PM
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Re: CoolWorks
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It's me again. I went through the link provided to understand Gap Trading. I have understood the meaning of Full Gap up etc. I needed some clarification on when one should buy & sell stocks. I would be most grateful if you or other senior members could explain with an example of each of the strategies. Am sorry if I am asking for too much, but it would be helpful to get the basics right. Thanks & regards, Amit Last edited by gobatman2001; 29th June 2006 at 08:06 PM.
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#34
29th June 2006, 09:04 PM
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Re: CoolWorks
Hello Mr.gobatman,
I have come across this Gap trading strategy recently and i find it really nice to use it for intraday trading. I dont know weather this can be applied to trading in other time frames but i only use it for intraday trading.It is very simple and can be summed up as below: 1) Wait till 11 am, so that volatility in the market decreases to some extent. 2) Watch the high's and low's made by any share before 11 AM. 3) If after 11 am the stock crosses 50 paise or 1 Re. above the high made before 11 am, then buy the share. 4) If after 11 AM the stock crosses 50 paise or 1 re below the low made before 11 am, then sell the share. 5) I normally keep a stop loss at 2% of entry price. 6) I dont know the exit strategy but usually i exit after i have made a decent profit of anywhere above Rs 4 or 5. You can see the intraday charts of any stock and can verify this. The link below is of the intraday chart of M&M which i traded today. The high acheived by the stock before 11 am is 588. After 11 am i went long at 589 when the stock crossed the high. I booked profits when it at 595 but the stock traded as high as 611. The same with Reliance Capital, but i didnt trade it today.It had hit a low of 487.5 before 11 AM, and it crossed the low again after 11 am. so we enter at 486 or 486.5. After that the stock hit a low of 466. At last i would like to say that i am a new entrant into the sharemarket and am testing new strategies.I have recently come across this gap trading strategy and found it good. Before doing actual trading i did some paper trading mentally and only after that did i put real money. Also i request other members who are following this strategy to comment more on this. As you have seen i dont have a good exit strategy. I would be happy if anyone suggest some good exit methods. Thanks satish...
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#36
30th June 2006, 12:29 AM
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Re: CoolWorks
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Please find answers/ clarifications/ execuses to your comments Quote:
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a. Buy/Sell signal..Hmmm...They are there... b. Yes it is already there. The bug causing the problem. Hopefully I will put the bug free one today itself. And thanks once more for taking interest in the sheet. Best Regards Coool.
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#37
30th June 2006, 12:39 AM
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Re: CoolWorks
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Advertisement :-) You can use the GapAna.xls from the first post of this thread. This will give you a list of scrip that you need to monitor. The other sheet, CoolIntra is the one I prefer though. Amit, once you are comfortable with this strategy, you can play it in the reverse way also. That is support/resistance test and reversal. But all this requires a very good Money management and a very strong discipline. If you have taken a position (either way) and you feel market is moving against you, cut the tread. Hope and prayers don't work here. However, it is much easier saying this than actually doing it. Some time you will repent cutting the tread, but more often than not, you will thank yourself for it. Hey, one more thing, if the tread again comes in your direction, again take the same position, chances are better this time. Other strategies too are there which I am sure you will find. Quote:
Confusing??? I always do. When you have entered the tread, put another market order against your tread say 1% the difference, that is, your stop loss order. And with every decent rise (say 1 % again , raise this stop-loss order by 1 %. And finally you will come out with a loss to the maximum you could have made.It does not mean, however that, after stopping you, the market will not move in the previous direction, but chances are, that you will be able to get a better decent profit. Also, if possible for you, try looking at the resitance as predicted by CoolIntra for 29th Jun for M&M. You can do so by putting the date as 29-Jun-2006 on the NSE Data sheet. I am attaching the modified picture as posted by you with my comments. Oh!!! telling how to is sooooo easy Best Regards Coool. Last edited by cooltetra; 30th June 2006 at 01:47 AM.
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#38
30th June 2006, 03:47 AM
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Re: CoolWorks
Hi All
A new version of CoolIntra is now available on the first post along with the original gapAna. I have fixed some of the bugs which came across while I was using CoolIntra. A new world portfolio sheet has been added, as per Murthy's suggestion. The idea is to see how the world indices has behaved the last day. Also modified the scrip selection method. Now, you can modify the default selections criteria. The sheets have now been unprotected, so avoid tampering the formula. Please do report any compatibility issue. Hope you find it useful. Best Regards Coool.
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#39
30th June 2006, 01:45 PM
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Re: CoolWorks
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Many thanks for your reply. You have explained this in a very simple manner. Have understood this bang on. Can you please let me know (in as simple a manner as you explained before) how to use Cooltetra's spreadsheet in accordance to what you have explained. Would be grateful for the same. Thanks & regards, Amit
Last edited by gobatman2001; 30th June 2006 at 03:28 PM.
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#40
30th June 2006, 03:21 PM
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Re: CoolWorks
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Can you please let me know (in as simple a manner as Terahertz has explained) how to use your spreadsheet in accordance with what Terahertz has explained. Would be grateful for the same. Thanks & regards, Amit Last edited by gobatman2001; 30th June 2006 at 03:29 PM.
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