LKG Strategy It Works !!!!

#91
Originally Posted by aragg1972in1
Hi Ocil

Can you pl explain how 5.30 pm call overrules 8.30 candle and thus no trade at 8.30 candle.

Thanks

Friday's a Double side Day.

Two entries will be given on Single Time Period
I Stopped @ 8:30 pm for the following reason.
1. Weekly Close Approaching.
2. 5:30pm given Double side Target. (Given Double Volatility for the Time period So for Next Time period 8:30pm Step1 (Qty 1) will not possible to achieve TGT ,may be next Steps but what about remaining Time for MKT ?).
3. 8:30 pm exit time is 8:30 + 5H = 1:30 Am. we close @ 11:30 pm already shortage :)
4. Also I already mentioned if TGT Arrives just or on time of current Candle, Next candle will be tgt. If not Close ur Candle (SL)@ Candle mid + 1

Thanks OCIL
:)
 
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#92
Dear Golden Trader,
Can this strategy be applied to Indexes like Nifty or Bank Nifty?
If so what is the trade timing? Has anybody studied this strategy
for Nifty or Bank Nifty?
Same Timings

11:30 Am is the only Best Time for Nifty & Bank nifty
9:30 am & 1:30 pm Medium Powerful

If u enter 9:30 Am u might miss Powerful time 11:30 am if not achieved TGT within Specified time.
If u enter 1:30 pm Time is less for end of day.

So 11:30 am is Best.

but reg TGT u have fix after Research. :)
 

stock_mani

Well-Known Member
#93
Dear Golden Trader, are you generating consistently return on this strategy & pls don't mind if you can share that how much your are making % wise monthly. It is just for our motivation.
If you are generating consistently return then you can add on your existing capital & earn more... i am sure we can trade for a living by this strategy.
Your suggestion is required...
 
#94
GM friends. I am tried this strategy backtesting 1-9-2016 to current date. I am alreay tested 15 days of Sep 2016. I am tested only 11.30 am and 5.30 pm candles only.But result are not good. Basic concept is good. we want to change profit target and include some ideas to make this system more effective.Thankyou.
 
#95
@Stock Mani
Surely will give u 45% to 60%.
As Ankur said Money Management is important factor.

@bharathi
U might have tested for All Days Uniformly with this logic .

Have u tested Seperately for Each day,Each Time period, Each Steps(1,3,9,27)?

For Ex:
Test for All Mondays Step 1(Qty 1) for 11:30 pm - Check the result of % win
Test for All Mondays Step 2(Qty 3) for 11:30 pm - Check the result

Because On Mondays Step 1,2 will win.

Say on some xxxx day, xx:xx am/pm, if 9 win y u enter for remaining ????

For Wed, it will be Data Day
So Test for Copper Exclude Crude (Failures happen on Wed morning).

Also have to check no US Trading Holidays come under Backtesting days?.

Each Day & Each Time period Behave differently.

Just do those Research and Post it here.

Motivation for Others too.
 
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stock_mani

Well-Known Member
#96
@Stock Mani
Surely will give u 45% to 60%.
As Ankur said Money Management is important factor.

@bharathi
U might have tested for All Days Uniformly with this logic .

Have u tested Seperately for Each day,Each Time period, Each Steps(1,3,9,27)?

For Ex:
Test for All Mondays Step 1 for 11:30 pm - Check the result of % win
Test for All Mondays Step 3 for 11:30 pm - Check the result

Because Monday 1,3 will win.

Say on some xxxx day, xx:xx am/pm, if 9 win y u enter for remaining ????

Each Day & Each Time period Behave differently.

Just do those Research and Post it here.
Motivation for Others too.
Hi,

It means we should trade daily & in every time frame according to rule ( 1,3,9,27).
Also if we get profit in any trade then should not take another trade on same day in any other time zone ?
 

kcsusha

Active Member
#98
Dear Golden Trader,
As per data available, 11/15 to 11/30 candle--High 9124 and Low 9122
Very narrow range. Anyway sold at 9117 ( paper trade ).