Bakwaas Trading

Hi Purusharth,

If you have Amibroker, then the code given here should work... http://www.traderji.com/trading-diary/90116-dasara-system-26.html#post897072
You will have to paste this code in the AFL above your current system code. (that's how I do it, though there might be better methods of doing the same thing)

Since the code is looping, it may be resource intensive for 10 scrips. Try it out and let me know if face issues.

Change the first line of the code to
Period=10;

And in the section below, add the scrips that you need with the shifts - 1,2,3,4....9,10
Shift=IIf(Name()=="YESBANK13NOVFUT",1,Shift);
Shift=IIf(Name()=="DLF13NOVFUT",2,Shift);
Shift=IIf(Name()=="SBIN13NOVFUT",3,Shift);
Shift=IIf(Name()=="AXISBANK13NOVFUT",4,Shift);
Shift=IIf(Name()=="ICICIBANK13NOVFUT",5,Shift);

In Amibroker, select the 1-minute timeframe.

Sir for this will i have to open only 1 chart window? And the stocks would change on their own?

Thx

Sir,

When u put this code in the AFL, and open a 1 min timeframe chart, it will automatically change into a time shifted 10 min chart.

And here's the code snippet that you can add to get the countdown timer for each scrip... This code can be added anywhere in the code

function GetSecondNum()
{
Time = Now( 4 );
Seconds = int( Time % 100 );
Minutes = int( Time / 100 % 100 );
Hours = int( Time / 10000 % 100 );
SecondNum = int( Hours * 60 * 60 + (Minutes-Shift) * 60 + Seconds );
return SecondNum;
}
TimeFrame = 60*Period;
SecNumber = GetSecondNum();
Newperiod = SecNumber % TimeFrame == 0;
SecsLeft = SecNumber - int( SecNumber / TimeFrame ) * TimeFrame;
SecsToGo = TimeFrame - SecsLeft;

// You might need to customize this code per the requirements of your specific AFL
zy=0;
zyincr = 14;
GfxSetBkMode(2);
GfxSelectFont("Courier New", 22, 700);
GfxSetBkColor(colorYellow); GfxSetTextColor(colorRed);GfxTextOut("" + WriteIf(SecsToGo<61,"**"+SecsToGo,""),5, zy=zy+zyincr);

THANKS SO MUCH SIR.. I CAN SEE THE the time shifted 10 min chart.. wil this chart change to the other scrip after 1 min ? ( i guess i have to test it with live feed for t to do so)

Plz advise

Thanks

sir , i want to ask u a question ?
if u are trading than ,in this five sys performance which two one who will prefer most and why ?
2 lots , 4lakh capital ,4yrs 3month testing period ,bnf-1
just as curosity , want to know that what an experienced person will choose .......





this is yearly report for same :
1 2
3 4
5

Dell,

I am not sure if I understand your question completely... but generally, here are a few things that I would look for in a system.

1. Consistency: Should work out for long periods, preferably in different markets, and market conditions.
2. Low Drawdown: This is actually a function of points 2 and 3 below.
3. High Win Rate: High win rate also reduces the drawdown size, and helps to maximize the % of capital employed per trade.
4: Ratio of average Win Size to Loss Size: I prefer having a win size that is a multiple of the average loss size. (The size should be measured after costs.) That way, instead of worrying about 1 or 2 big losses happening, and devastating the account, I would be hoping for the big wins occurring and giving me the opportunity to supersize my account.

If there are 2 or more systems, then I would prefer them to have a low or negative correlation. That is when 1 system is experiencing a drawdown, the others would compensate for it and reduce the impact of the drawdown. Altrenatively, you could play the same system in 2 markets that are uncorrelated or -vely correlated.

All the above points are to maximize the Return on Capital Employed (ROCE). I think that the correct measure is the ROCE, and not the number of points earned. If I have a system that has a low loss size, and a high win rate, resulting in low drawdowns, I could confidently plonk down a high % of my capital on it...

BTW, i am not "sir"... and i may be experienced, but the quality of experience may not be the best . Still learning the basics -> http://www.schoolexpress.com/fws/cat.php?id=2514

Posting this for my reference...

Embellishing my thread . The last quote strikes a chord.

I have traded NF ORB for 3 series now. The current system takes the trade in only 1 direction, and has a ATR based TSL. Here was the theoretical pre-costs performance (average points/trade) of my system considering different ORB periods (Actual performance was different):

• The average ORB across all time periods listed above is 5.61 points/trade. (At NF=6700, my cost is 1.30 points, and slippage is less that 1 point). So, ORB has been profitable, but not by much.
• On the average, ORB is +ve for all the Opening Range periods.
• In this data set, there is no identifiable optimum Opening Range. In some months, a longer OR period worked better, and in others shorted OR period worked better.