The Best Trading System

What do you like or dislike on this thread?

  • Like: Trading Theory, Psy Ops, Myth Busters

    Votes: 22 37.3%

  • Like: Trading Systems

    Votes: 20 33.9%

  • Like: Everything on this thread

    Votes: 32 54.2%

  • Dislike: Too much theory, not enough actionable items

    Votes: 4 6.8%

  • Dislike: Systems discussed are found as useless

    Votes: 1 1.7%

  • Dislike: Everything on this thread

    Votes: 2 3.4%
  • Total voters
    59
Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#451
#451
200 points hard exit for single lot or partial booking in case multilot + trail


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Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#453
#453
bharathi2005 said:
GM tuna sir.I have two qustions 1) we used spot nifty for this method?. 2)We can try BNF and Crude and all active instruments ?. for same setups.Thankyou.
Click to expand...

This method is for Low Beta things. High beta thing may not work same way.

So, Nfity Spot , yes.

Crude - no, back testing was horrible. Use other systems, specifically the one where we have STI and OBV with few EMAs - I explained earlier ( The untested monster) , all trade in direction of higher Timeframe.

BNF - stay away (Backtesting was real good though, if you really have to try , keep exposure bare minimum as you need to carry position overnight).


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Last edited:
Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#454
#454
Trading Psy Ops # How to be a loser in Trading

​

You have read the title right. Enough of studying how to be profitable. How about taking pride in something we already have (Yeah !!) - that we are losing traders. Sorry, if the sarcasm hurts. But here you go (taken from Twitter):



 
Last edited:
Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#456
#456
Take Care


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C

coolabhi99

Active Member
#458
#458
Tuna said:
Here you go

Time frame: 30 mins

Stop Loss: Fixed 50 points (don't look for pivot point SL, let the wave dance as per its tune)

Profit Booking: 200 pips fix

SL to BE and Trail: When Price crosses the Buy price by 50 points.

Long Trigger: Price have to crossover 20 EMA and 20 EMA have to above 200 EMA (does not matter since when). You enter on the candle, closing above 20 EMA when the last close was below 20 EMA.


Long Exit: Stochastics enters above 80 slab and staying there and exit on the candle when Stoch falls below 80. Other exist condition (failsafe trigger), if 20 EMA moves below 200 EMA


Short Trigger:: Same as long in opposite direction, use 10 EMA instead of 20 EMA

Short Exit: Same as long, Stoch oversold level is -20. Failsafe is 10 EMA crossing 200 ema from below

SL and Tgt is same for both long and short.

Now do share your backtesting result. I am looking forward to it.
Click to expand...
Tuna Bro,

Please find below the link from where the backtest results can be downloaded.

https://1drv.ms/x/s!Ak8tMvWalM7QoF62q0E7Xz_JQzO7

I have gone by the above rules mentioned by you and fixed sl of 50 points & target of 200 points. The SL is moved to entry cost once the trade moves 50 points in our favour.

I have not taken a fresh trade in case an earlier trade is open.

Do let me know if the results are correct or in case of anyother suggestions / changes.

Also i use Metastock so the first 30 min candle ends at 9:35 & the last candle at 3:35 pm. There could be a minor variation in terms of entry / exit due to the data / ending time of each bar.

Waiting for the feedback from each of you.



Thanks,
 
B

bharathi2005

Active Member
#459
#459
GM Coolabhi99 sir your do excellent work thankyou for that.i have two question 1)why you maked some values in exit colum in yellow 2) i think your not detect expenses before Net profit ? Thankyou.
 
Tuna

Tuna

Listen and act, don't ask it, it doesn't oblige
#460
#460
coolabhi99 said:
Tuna Bro,

Please find below the link from where the backtest results can be downloaded.

https://1drv.ms/x/s!Ak8tMvWalM7QoF62q0E7Xz_JQzO7

I have gone by the above rules mentioned by you and fixed sl of 50 points & target of 200 points. The SL is moved to entry cost once the trade moves 50 points in our favour.

I have not taken a fresh trade in case an earlier trade is open.

Do let me know if the results are correct or in case of anyother suggestions / changes.

Also i use Metastock so the first 30 min candle ends at 9:35 & the last candle at 3:35 pm. There could be a minor variation in terms of entry / exit due to the data / ending time of each bar.

Waiting for the feedback from each of you.



Thanks,
Click to expand...
Looks like a decent amount of hard work going into this. Thanks for the same.

Winrate for Longs does not look good, however result from Pi was different (if you refer the trades I posted from the backtesting). Wondering why so much delta. Winrate was way above expectation if we look at the result in Pi. Anyways, I have this tracking on live on my logger, I will post the real trades every quarters. We will see the progress.

Only one Filter I can think of - Take the longs if Price is above 100 EMA, take short if price below 100 EMA (30 mins) - see if that helps.
 
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