Testing SH 315 Method

Hi All,

I am sure most of us(Swing Traders) in this forum must have gone thru SH's 315 method which is simple and yet powerful. (Kudos to SH for sharing the same :clap. I am sure most of us would have backtested it on diff scrips across various sectors. My attempt here is to test it as we move along. I plan to identify few scrips everyday which are in zone of crossovers (either on long side or on short side) and then track the performance over a period of time.

At the end of this month I hope to track and post performance of all the scrips which I wud be posting.

Today I am starting with 2 scrips which are just in making for some profits

1. Balrampur Chini
2. NTPC

Critics are most welcome . Hope to finetune this thread further as we move along.

~Cheers,
Fanatic Trader

-Happy Trading-

Why not testing it with a perticular scrip/index say Nifty for a period of time ........

Satyen, I would keep on adding the scrips but then on the same time the performance of scrips mentioned earlier would be be tracked. As I mentioned earlier, I would keep posting the results at regualr intervals. :thumb:. The idea here is to identify and track the scrips which are in crossover zone. If I check Nifty Fut, it has already made some good bull run after crossing over (Refer to attachment). However, I would still try and add it to list.

~Cheers,
Fanatic Trader

-Happy Trading-

Thanks Fanatic for starting this thread. I can't do day trading due to my profession, so, I have started exploring more on swing / Positional trading and different systems based on MA. 315 is also in my worklist . I will try my best to contribute to this thread.
Also I am working on other system in parallel and after some testing will update about the same.

--
shan

Hey Shan,

Thanks a lot for the support . I have always belived to give bac what you learn. In fact for me as well due to my job its difficult to concentrate/follow on intraday trading. Whereas positional and short term calls are what I really can follow. I wud be more than happy to have contributions/suggestions to improve this thread so that it becomes beneficial for number of folks in this community.

~Cheers,
Fanatic Trader

-Happy Trading-

Update as of 01st September 2009

Balrampur Chini - 3 EMA crossed over 15 EMA and EOD price candle has closed just touching 3 EMA.

NTPC - Price dipping down and closing below 15 EMA. Possible end of very short upwards run.

Stocks in my watchlist as on 1- Sep after 3_15 crossover:

Rico Auto(26.4):BB squeeze in system. Will be interesting to see the direction of the breakout.
HINDPETRO(362) & Dabur(129): Stoch and MACD gives a positive signal.

--
shan

Hey Shan,

Thanks a lot for your inputs .

Hi All,

Keeping in tune with my post yesterday, I am adding another strong scrip in 'Stocks to watch' in next few days.

Scrip Name : Hero Honda
CMP (as of 01st Sep EOD) : 1534.05

3 EMA just crossed over 15 EMA. Just to add, MADC is just hovering above signal line, RSI is in strong zone indicating good moementum.

Fanatic, congrats with your thread and keep going, 315 is a great strategy by TH, but what's up your plan with the whipsaws that shows wrong signals?