Traderji.com


Trading with AMA and price action- forward testing

Discuss Trading with AMA and price action- forward testing at the Trading Diary within the Traderji.com; Originally Posted by C_R_Kumar Looks like the link is not working. Is any fresh link ...


Go Back   Traderji.com > METHODS & STRATEGIES > Trading Diary


Trading Diary Share and discuss your trading strategies here.


View Poll Results: A good trading method/system generates x % average return per month .
< 5% pm 7 18.42%
>5 and upto 10% pm 14 36.84%
10 to 20% pm 12 31.58%
Upto 50% pm 2 5.26%
Upto 100% pm 0 0%
Greater than 100% pm 3 7.89%
Voters: 38. You may not vote on this poll

Reply
 
Thread Tools
  #71  
Old 20th October 2016, 09:24 PM
vijkris's Avatar
Member
 
Join Date: Mar 2013
Location: hyderabad
Posts: 3,173
Thanks: 14,023
Thanked 6,668 Times in 2,513 Posts
vijkris has a reputation beyond reputevijkris has a reputation beyond repute
vijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond repute
Default Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by C_R_Kumar View Post
Looks like the link is not working.
Is any fresh link available.
Can somebody share the experience please.

Thanks
Well i lost the link and the file ,will search for it if u really want.
BTW my experience - i stopped using AMA.. using only vwap and subhadip's 2MA..


Advertisements

Reply With Quote
The Following 3 Users Say Thank You to vijkris For This Useful Post:
Bhairava (26th October 2016), C_R_Kumar (26th October 2016), monkeybusiness (21st October 2016)
Advertisements
  #72  
Old 26th October 2016, 09:19 PM
Member
 
Join Date: Jun 2016
Posts: 166
Thanks: 575
Thanked 111 Times in 80 Posts
C_R_Kumar will become famous soon enoughC_R_Kumar will become famous soon enough
Smile Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by vijkris View Post
Well i lost the link and the file ,will search for it if u really want.
BTW my experience - i stopped using AMA.. using only vwap and subhadip's 2MA..
Thanks for sharing

Please post link if possible when you have time and without exertion. There is no rush.

So, you feel VWAP/MA2 to be better than AMA.
Reply With Quote
The Following 2 Users Say Thank You to C_R_Kumar For This Useful Post:
Bhairava (26th October 2016), vijkris (26th October 2016)
  #73  
Old 26th October 2016, 10:43 PM
Member
 
Join Date: Oct 2015
Posts: 37
Thanks: 20
Thanked 26 Times in 15 Posts
Bhairava is on a distinguished road
Default Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by vijkris View Post
Well i lost the link and the file ,will search for it if u really want.
BTW my experience - i stopped using AMA.. using only vwap and subhadip's 2MA..
Sir,why left using AMA?
and while using 2MA method,do you follow 15 min vs 5 min or direct any close and pivot entry above EMA you consider?
if we consider close abv 15tf,then look for a pivot in 5tf,this way I'm missing many entries or getting very late entry.Am I missing something?
Reply With Quote
The Following 3 Users Say Thank You to Bhairava For This Useful Post:
C_R_Kumar (27th October 2016), monkeybusiness (27th October 2016), vijkris (26th October 2016)
  #74  
Old 26th October 2016, 10:50 PM
vijkris's Avatar
Member
 
Join Date: Mar 2013
Location: hyderabad
Posts: 3,173
Thanks: 14,023
Thanked 6,668 Times in 2,513 Posts
vijkris has a reputation beyond reputevijkris has a reputation beyond repute
vijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond repute
Default Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by C_R_Kumar View Post
Thanks for sharing

Please post link if possible when you have time and without exertion. There is no rush.

So, you feel VWAP/MA2 to be better than AMA.
Here is the link. htt p:/ / www. 4 shared.com/file/EoYqlIIfba/vwap_param_box.htm

by mistake there was an extra "a" .

Frankly i felt AMA was not giving me any extra advantage. Of course if u remove 2ma, then AMA becomes somewhat important.. As it is 2 ma involves EMA, and AMA is also essentially moving average.. Both r of same family.. Choose any one not both..

BTW did u master OFA ?

What is ur opinion about AMA?

Last edited by vijkris; 26th October 2016 at 11:10 PM.
Reply With Quote
The Following 3 Users Say Thank You to vijkris For This Useful Post:
C_R_Kumar (27th October 2016), monkeybusiness (27th October 2016), SevenD (28th October 2016)
  #75  
Old 26th October 2016, 11:04 PM
vijkris's Avatar
Member
 
Join Date: Mar 2013
Location: hyderabad
Posts: 3,173
Thanks: 14,023
Thanked 6,668 Times in 2,513 Posts
vijkris has a reputation beyond reputevijkris has a reputation beyond repute
vijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond repute
Default Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by Bhairava View Post
Sir,why left using AMA?
and while using 2MA method,do you follow 15 min vs 5 min or direct any close and pivot entry above EMA you consider?
if we consider close abv 15tf,then look for a pivot in 5tf,this way I'm missing many entries or getting very late entry.Am I missing something?
Dear Sir,
Reason for leaving AMA explained in previous post. Basically no need of AMA if already 2MA is in ur chart. I might not have understood the full potential of AMA as well.. somehow 2ma which is simple was suiting my personality.
I m not advocating to stop using AMA. Those who have understood it better, they should use it..

I made few changes which was not recommended by Subhadip actually..
Basically i use 15 min vs 2 min..

2 min is a small tf, so i totally ignore the minor pivots formed in 2min.
Reply With Quote
The Following 2 Users Say Thank You to vijkris For This Useful Post:
Bhairava (27th October 2016), monkeybusiness (27th October 2016)
  #76  
Old 26th October 2016, 11:22 PM
vijkris's Avatar
Member
 
Join Date: Mar 2013
Location: hyderabad
Posts: 3,173
Thanks: 14,023
Thanked 6,668 Times in 2,513 Posts
vijkris has a reputation beyond reputevijkris has a reputation beyond repute
vijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond repute
Default Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by Bhairava View Post
and while using 2MA method,do you follow 15 min vs 5 min or direct any close and pivot entry above EMA you consider?
if we consider close abv 15tf,then look for a pivot in 5tf,this way I'm missing many entries or getting very late entry.Am I missing something?
I think the rule is to wait for close above 15tf, then switch over to lower tf. Sometimes the entry is immediate as in 5tf just previous bar was minor pivot. So in that case entry has to be immediate. We should not wait for new pivot to form, maybe thats y u r missing entries.

How did u know abt late entry? While taking decision to enter we dont know whether we ll be profitable or not.
we ll classify an entry as late entry if after sometime we observe that after our entry price reversed and hit sl.
So that basically means u r missing something.

2MA is pure trend following strategy. We should not use it in Non-trending situations.
Late entry and sl hits usually happen in sideways or non trending phase. So identifying sideways will prevent late entries to some extent. Hope i m clear.
Reply With Quote
The Following 3 Users Say Thank You to vijkris For This Useful Post:
Bhairava (27th October 2016), C_R_Kumar (27th October 2016), monkeybusiness (27th October 2016)
  #77  
Old 27th October 2016, 12:41 PM
Member
 
Join Date: Jun 2016
Posts: 166
Thanks: 575
Thanked 111 Times in 80 Posts
C_R_Kumar will become famous soon enoughC_R_Kumar will become famous soon enough
Default Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by vijkris View Post
Frankly i felt AMA was not giving me any extra advantage. Of course if u remove 2ma, then AMA becomes somewhat important.. As it is 2 ma involves EMA, and AMA is also essentially moving average.. Both r of same family.. Choose any one not both..

BTW did u master OFA ?

What is ur opinion about AMA?
Thanks for sharing

No question of mastering, I am at very beginnings

AMA is supposed to include volatility element, so I was wondering if it could work as a better indicator !
Reply With Quote
The Following User Says Thank You to C_R_Kumar For This Useful Post:
vijkris (27th October 2016)
  #78  
Old 27th October 2016, 12:45 PM
vijkris's Avatar
Member
 
Join Date: Mar 2013
Location: hyderabad
Posts: 3,173
Thanks: 14,023
Thanked 6,668 Times in 2,513 Posts
vijkris has a reputation beyond reputevijkris has a reputation beyond repute
vijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond repute
Default Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by C_R_Kumar View Post
Thanks for sharing

No question of mastering, I am at very beginnings

AMA is supposed to include volatility element, so I was wondering if it could work as a better indicator !
ya.. volatility element is the USP of AMA.
I wanted less clutter in chart. So basically removed things which can be removed.
Reply With Quote
The Following 3 Users Say Thank You to vijkris For This Useful Post:
Bhairava (27th October 2016), C_R_Kumar (27th October 2016), monkeybusiness (28th October 2016)
  #79  
Old 28th October 2016, 09:46 PM
Member
 
Join Date: Jun 2014
Posts: 143
Thanks: 389
Thanked 279 Times in 98 Posts
SevenD is a jewel in the roughSevenD is a jewel in the roughSevenD is a jewel in the rough
Default Re: Trading with AMA and price action- forward testing

Quote:
Originally Posted by vijkris View Post
Here is the link. htt p:/ / www. 4 shared.com/file/EoYqlIIfba/vwap_param_box.htm

by mistake there was an extra "a" .

Frankly i felt AMA was not giving me any extra advantage. Of course if u remove 2ma, then AMA becomes somewhat important.. As it is 2 ma involves EMA, and AMA is also essentially moving average.. Both r of same family.. Choose any one not both..

BTW did u master OFA ?

What is ur opinion about AMA?
If possible can you post a chart with vwap and 2ma showing a trade entered and covered.

Thanks
Reply With Quote
The Following User Says Thank You to SevenD For This Useful Post:
Bhairava (28th October 2016)
  #80  
Old 2nd March 2017, 11:51 PM
vijkris's Avatar
Member
 
Join Date: Mar 2013
Location: hyderabad
Posts: 3,173
Thanks: 14,023
Thanked 6,668 Times in 2,513 Posts
vijkris has a reputation beyond reputevijkris has a reputation beyond repute
vijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond reputevijkris has a reputation beyond repute
Default Re: Trading with AMA and price action- forward testing

Hi,
Sorry for disturbing the flow of this thread.
requesting the thread owner to allow me to post these obv posts so that i can re read it later for better understanding.

thanks

Quote:
Originally Posted by varunkochhar View Post
VijKris ji i was about to come to that point myself. Just blindly following the ribbon would come up with its share of whips. Try to be with the minor trend at least while taking these ribbon trades. I feel one would definitely get better setups and trades if he takes longs and adds till we are making higher lows as ribbon method and to take short trades and adds in vice versa case. Like i explained in ST ji's post. When you get a counter trend after minor trend (swing) exhaustion they often give very good trades with not only excellent RR but many times the major trend also changes at these times like in BN today.
Quote:
Originally Posted by ampa View Post
Hi Varunji,

I am silently following your thread from the beginning and I really appreciate what you have shared here. It is very helpful to not only a new trader but also to whoever trading for long time as people like me always try to fine some fancy system or indicators v/s not looking an indicator like OBV which is available in all the trading software.

One thing I noticed today (when I was comparing my chart with Happyji's chart) is that the 1 min 15 OBV ribbon is different for different people due to different data provider and that is creating lots of confusion among whoever is following this thread.

once again thanks a lot for sharing your experience and knowledge.

Herewith I am sharing a word file with important notes from this thread.

https://www.sendspace.com/file/wgpbh5

Regards
Amruta
Quote:
Originally Posted by varunkochhar View Post
[IMG][/IMG]
Vipul ji and Vijkris ji the white vertical line is the setup line. This red ribbon period had a low of 3566 as shown by horizontal line. So i had put in a bid to short at 3565 because then we would have put in a lower low as per Dow theory. Similarly you see the high levels reached in the small blue part of the ribbon was 3563 (so as per my SL it was 3563+2= 3565). That is why i was quite sure that we would be safe below that and going above it would change the trend to up by putting in a higher high. If you look at the OBV pane you would see a clear divergence and hence a long was not justified. The only plausible thing to do was to look at a short trade with minimum SL so i chose to short twice at 3560. Now look at the price it is back to 3530.
Quote:
Originally Posted by varunkochhar View Post
Ok let me try to explain once again. Till the time we are making higher lows in price in the last 2 consecutive red ribbon period we look to take long trades and adds till we are stopped out or one chooses to take profits at his greed levels. And once we go below the last red ribbon periods lowest price levels we take a short and be in the trade and take adds till we are making lower highs in the last 2 consecutive blue ribbon periods. To add to the confusion pls observe the OBV also that it is in sync with this trend in price HA HA.
Quote:
Originally Posted by Smart_trade View Post
Varunji, the level you have mentioned is as per 1 min 15 period ribbon resistance/support . But as our direction decider is 5 min 15 period band,highest support level was 20852.4 which was cracked in 1 min bar at 12:32 and in 5 min bar at 12:35...so we get into short trade set up below 20852.4 after 12:35..am I missing something ?

Posting to clear my understanding.

Smart_trade
Quote:
Originally Posted by varunkochhar View Post
[IMG][/IMG]
ST ji the white vertical line is the setup point. The Red vertical line is the actual trade. And the red dotted vertical line is the Add.

Advertisements


Last edited by vijkris; 3rd March 2017 at 12:13 AM.
Reply With Quote
Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads for: Trading with AMA and price action- forward testing
Thread Thread Starter Forum Replies Last Post
price action trading saakk Trading Diary 686 23rd February 2014 12:14 AM
Reasons for failure of Algo from backtesting to forward testing nifty.trader.game Algo & Automated Trading 13 11th February 2014 08:27 PM
AFL for Price Action Trading COJ AmiBroker 14 18th December 2013 12:51 PM
Nifty Trading on price action kumaram Advanced Trading Strategies 7 12th April 2010 10:52 PM
Walk Forward Testing in Amibroker patadesunil AmiBroker 6 26th November 2009 09:52 AM


All times are GMT +5.5. The time now is 06:07 AM.

Indemnity, Disclaimer & Disclosure Notice:
By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © www.Traderji.com 2001 - , All rights reserved.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268