as suggested by onlinegtrash, i ve made a necessary correction in the title of my new thread
this strategy is for a bit active trader following 15 min bars, and applied on nifty spot
very simple :
step 1 : buy (SAR) when price goes above 8 bar (15 min) high
step 2 : sell (SAR) when price goes below 8 bar (15 min) low
other than 15 min bars don't give good returns ( i ve tried almost all periodicity)
bactested result sheet :
http://www.4shared.com/file/agLiMxnI/15_min_turtle_bactested_result.html
summary :
losing trades : 234
lost rs : 1,43,37,460
winning trades : 165
earned rs : 1,70,74,944
net profit : 27,37,484
afl goes as :
p=8;
Buy=Cover= C > Ref(HHV(H,p),-1) ;
Sell=Short = C < Ref(LLV(L,p),-1) ;
pl. find time to have a look at excel sheet at 4 shared and to backtest the afl in ur own data and timeperiod.
backtesting settings r :
initial capital 1 lac
min shares 20
round lot 20
margin 10%
brok, comm etc not included
no SL or profit booking points
all profits put back to buy more no of shares
this thread is for information and fun, any losses incurred is the sole responsibility of the person doing it.
i m following this indicator (NILUDEEPAK INDICATOR) since last few months in my trading, of course i don't follow it as emotionlessly as a computer can, nor with such a huge capital, and not putting all the money back into the system, BUT it has shifted me into a new domain of trading.
thanx all.
pl. comment
this strategy is for a bit active trader following 15 min bars, and applied on nifty spot
very simple :
step 1 : buy (SAR) when price goes above 8 bar (15 min) high
step 2 : sell (SAR) when price goes below 8 bar (15 min) low
other than 15 min bars don't give good returns ( i ve tried almost all periodicity)
bactested result sheet :
http://www.4shared.com/file/agLiMxnI/15_min_turtle_bactested_result.html
summary :
losing trades : 234
lost rs : 1,43,37,460
winning trades : 165
earned rs : 1,70,74,944
net profit : 27,37,484
afl goes as :
p=8;
Buy=Cover= C > Ref(HHV(H,p),-1) ;
Sell=Short = C < Ref(LLV(L,p),-1) ;
pl. find time to have a look at excel sheet at 4 shared and to backtest the afl in ur own data and timeperiod.
backtesting settings r :
initial capital 1 lac
min shares 20
round lot 20
margin 10%
brok, comm etc not included
no SL or profit booking points
all profits put back to buy more no of shares
this thread is for information and fun, any losses incurred is the sole responsibility of the person doing it.
i m following this indicator (NILUDEEPAK INDICATOR) since last few months in my trading, of course i don't follow it as emotionlessly as a computer can, nor with such a huge capital, and not putting all the money back into the system, BUT it has shifted me into a new domain of trading.
thanx all.
pl. comment