NF Swing Trading using Fractal AFL

[vijayanscbe]

Read the Mechtrader's last post and try to understand word by word. And analyse the Datas.

 

[Vipul_84]

Hi OldTrader,
How are last 5 trades? Nifty is moving good, how is your system doing?

 

[oldtrader]

Hi OldTrader,
How are last 5 trades? Nifty is moving good, how is your system doing?

Last 4 trades gave approx. 120 pts. 5th trade going on with around 230 pts on the table. The 5th trade was actually triggered at 7594, 7630 is the close of the candle, so you can consider 36 pts points more profit.

This system is very consistent. Sometimes, as with all the trading systems, whipsaws do occur, But, eventually profits will come.

For those of my friends, who want to make a start with this system, I suggest to trade with options in the beginning , So that they can start with less than 10K in the account. For example on 11th April, when the BUY signal appeared at 7630, they could have bought 7800 Call for around 48 Rs, which is trading at 156 Rs today. A cool profit of 108 points. Once they are in profit they can increase the Option size or move over to Futures.

I am attaching screenshot of the system as of today.

 

[suri112000]

I have Nifty futures data from 2008 to 2011. I have tested the Supertrend V3 AFL by keeping SL 60 points and target of 300 points in backtester.

It has generated 4000 points on 1 hour TF with 150 trades giving an average of 3.12 trades per month, 9.37 trades per quarter. I have deducted 6 points for round trade as brokerage. The max drawdown is 1108 points. trade delays by 1 bar on close basis.

It has generated 1384 points on 1 hour TF with 15 trades with a drawdown of 200 points from 19.10.2016 to till date.

Please run the backtest on maximum of data, as i donot have the same please. Do let us know the results.

 

[oldtrader]

I have Nifty futures data from 2008 to 2011. I have tested the Supertrend V3 AFL by keeping SL 60 points and target of 300 points in backtester.

It has generated 4000 points on 1 hour TF with 150 trades giving an average of 3.12 trades per month, 9.37 trades per quarter. I have deducted 6 points for round trade as brokerage. The max drawdown is 1108 points. trade delays by 1 bar on close basis.

It has generated 1384 points on 1 hour TF with 15 trades with a drawdown of 200 points from 19.10.2016 to till date.

Please run the backtest on maximum of data, as i donot have the same please. Do let us know the results.

Pls upload the AFL. I will try to do the backtest.

 

[suri112000]

Pls upload the AFL. I will try to do the backtest.

Copy from this link. http://www.marketcalls.in/amibroker/supertrend-v3-0-afl-code-buy-sell-alerts.html

 

[oldtrader]

Copy from this link. http://www.marketcalls.in/amibroker/supertrend-v3-0-afl-code-buy-sell-alerts.html

Testing period = 22-05-2006 to 28-08-2014
Number of months = 98
Total points = 4023
Time frame = 1 hour
Parameters = 4 & 10 ---have used default parameters

Pls let me know if u have used different parameters.

 

[oldtrader]

Nifty is too much volatile from 24th august 2015 onwards till date. Do not fall for high returns of this period. Backtest till July 2014 to July 2015 and check out results.

Hi denzo,

Pls go through Post Numbers 1 & 4, The bactest data is from 2006 to 2015. I had given the sample from August 2015 for comparision with other Trading Systems.

 

[Smart_trade]

Testing period = 22-05-2006 to 28-08-2014
Number of months = 98
Total points = 4023
Time frame = 1 hour
Parameters = 4 & 10 ---have used default parameters

So about 40 points per month.Hope there is no error in testing.Was expecting atleast 100 points per month on average.

Smart_trade

 

[oldtrader]

So about 40 points per month.Hope there is no error in testing.Was expecting atleast 100 points per month on average.

Smart_trade

Sir, I have doubt about the parameters. I have used the AFL as it is from the link provided. Let Suri clarify the doubt about params.

Earlier I had tested Supertrend AFL, on 15 mins TF and parameters 4 & 3 , I was getting around 11100 points from 761 trades for the period 2006 to 2011. Fractal AFL , on 7 min TF, was giving 12229 points from 706 trades. Fractal AFL has a slight edge over Supertrend, so I opted for it.