Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Dear Raj I tried to use "recommend" by changing different value like rating only 7 or 8.I also try to change maximum risk option, maximum price filter; but there is no change?
Please guide how to use these features. Did we have to use it by filter only on column ?
Thank's
Vivek
Vivek,
Let me put the steps.
1. Everyday After 6 pm, Update your list of stocks.
2. Click on the "Screen All" button to update all the values for the stocks.
3. Change The three Filter parameters according to your criteria and Click on the "Recommend" Button.
4. The Result would be filled in the respective sheets
a. TopFlowStocks - FLOW Recommendations.
b. TopEMAStocks - EMA crossover recommendations.
c. TopNR7Stocks - NR& recommendations.
5. Please note that the "Recommend" button only pulls the information from the sheet "StockScreenerGF" and fills it in the respective sheets. So essentially there are two steps - First. Update the levels for the day using "Screen All". Second, Select the Stocks using "Recommend"
Plus on the Filters.
1. If you choose the Price Filter as say Value 100, it would recommend the stocks with a minimum closing price of 100. Stocks with closing price less than 100 would be skipped or filtered.
2. If you choose the Risk as say 0.50% then stocks with the Risk less than 0.50% would be selected. It is a risk because the call is already live as per the levels. For example let us say EMA3 crossover of EMA15 is done and so the CALL would be LONG. The risk is basically the price movement from the EMA3. If it has moved a lot it is a choice as to whether to enter the CALL. This is applicable only for FLOW and EMA
3. If you choose the Rating as 9, it would recommend the stocks with a minimum rating of 9. It would not recommend that stocks with rating of 5, 7 and 8
Let me know if there are any doubts