no one going to earn even single rupee day trading
- Thread starter abhiwhy
- Start date
see friends,
if u think moving average cross over provides better buy or sell signals u could use it , its also good , but the main theme is ur exit we have become use to to convert our profitable and in the money trades into losses , i want to make lesser but successful trades, so if u use ma crossover it works fin e , i have n't tasted it and can't say which perticular arrangement would be good , so just experiment with it ,
i have introduced this money booking technique to just bring ur attention towards this aspect only , because BUND BUND SE GHARA BHARTA HAI
u can learn too much and get expertise sooner if u practice more ,experiment more and dovelop a rational look.
also i m posting here auto trade alert afl on amibroker users .
this afl i have got from any thread of traderji , from where i don't remember actually , so u could even test it in live situation to get buy and sell signals but remember don't change the exit strategy (its simply best ), i m presently experementing with undermentioned system and soone will present converted and improved format.
but m sure it has huge potential of growth take a look .
also i have got people talking about money management and stops ,
i would like them first to get a touch with these terminologies better .
stoplosses are like Parachutes ,and for safty , if ur flight engine gets fail or any such accidents u could jump from plane ,helecopter or whatever .
but they also have limitations , neither u could use them above 100,000 feet nor below 300-400 meter , at higher altitude u will die due to pressure differences at lower level u would die because it would not open for such a small distances .
so firstly see the situation with lot of concentration , study it properly , if u find some problems , better to suggest improvements for the loop holes for a mutual benefit and growth .
if u still doubt my intentions , u could avoid all my techniques.
thanking u all for ur visits and reply
happy thading
abhi
_SECTION_BEGIN("ATRtrading");
period = Param("Period", 13, 1, 240, 1);
mult = Param("Multiplier", 1.7, 1, 240, 0.1);
f=ATR(period);
VS[0] = Close[0];
trend[0] = 0;
HighC[0]=0;
Lowc[0]=0;
for( i = period+1; i < BarCount; i++ )
{
vs = vs[i-1];
trend = trend[i-1];
highC = HighC[i-1];
lowc = lowc[i-1];
if ((trend>=0) && ( C <VS ))
{
trend =-1;
HighC = C;
lowc = C;
}
if ((trend<=0) && (C >VS))
{
trend=1;
HighC = C;
lowc = C;
}
if (trend==-1)
{
if (C<lowc) lowc = C;
VS= lowc+ (mult*f);
}
if (trend==1)
{
if (C>HighC) HighC = C;
VS= HighC-(mult*f);
}
}
Buy=Cross(Trend,0);
Sell=Cross(0, Trend);
Plot(Close,"Close",colorBlue,styleCandle);
Plot(VS, "Vol Stop",IIf(trend==1,10,11 ),styleThick);
mkol = IIf( Trend==1, 10, 11);
Plot(5, "ribbon", mkol, styleOwnScale|styleArea|styleNoLabel, 0, -5); // Weekly trend
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( shape, IIf( Buy, colorGreen, colorRed ), 0, IIf( Buy, Low-f, High+f));
_SECTION_END();
if u think moving average cross over provides better buy or sell signals u could use it , its also good , but the main theme is ur exit we have become use to to convert our profitable and in the money trades into losses , i want to make lesser but successful trades, so if u use ma crossover it works fin e , i have n't tasted it and can't say which perticular arrangement would be good , so just experiment with it ,
i have introduced this money booking technique to just bring ur attention towards this aspect only , because BUND BUND SE GHARA BHARTA HAI
u can learn too much and get expertise sooner if u practice more ,experiment more and dovelop a rational look.
also i m posting here auto trade alert afl on amibroker users .
this afl i have got from any thread of traderji , from where i don't remember actually , so u could even test it in live situation to get buy and sell signals but remember don't change the exit strategy (its simply best ), i m presently experementing with undermentioned system and soone will present converted and improved format.
but m sure it has huge potential of growth take a look .
also i have got people talking about money management and stops ,
i would like them first to get a touch with these terminologies better .
stoplosses are like Parachutes ,and for safty , if ur flight engine gets fail or any such accidents u could jump from plane ,helecopter or whatever .
but they also have limitations , neither u could use them above 100,000 feet nor below 300-400 meter , at higher altitude u will die due to pressure differences at lower level u would die because it would not open for such a small distances .
so firstly see the situation with lot of concentration , study it properly , if u find some problems , better to suggest improvements for the loop holes for a mutual benefit and growth .
if u still doubt my intentions , u could avoid all my techniques.
thanking u all for ur visits and reply
happy thading
abhi
_SECTION_BEGIN("ATRtrading");
period = Param("Period", 13, 1, 240, 1);
mult = Param("Multiplier", 1.7, 1, 240, 0.1);
f=ATR(period);
VS[0] = Close[0];
trend[0] = 0;
HighC[0]=0;
Lowc[0]=0;
for( i = period+1; i < BarCount; i++ )
{
vs = vs[i-1];
trend = trend[i-1];
highC = HighC[i-1];
lowc = lowc[i-1];
if ((trend>=0) && ( C <VS ))
{
trend =-1;
HighC = C;
lowc = C;
}
if ((trend<=0) && (C >VS))
{
trend=1;
HighC = C;
lowc = C;
}
if (trend==-1)
{
if (C<lowc) lowc = C;
VS= lowc+ (mult*f);
}
if (trend==1)
{
if (C>HighC) HighC = C;
VS= HighC-(mult*f);
}
}
Buy=Cross(Trend,0);
Sell=Cross(0, Trend);
Plot(Close,"Close",colorBlue,styleCandle);
Plot(VS, "Vol Stop",IIf(trend==1,10,11 ),styleThick);
mkol = IIf( Trend==1, 10, 11);
Plot(5, "ribbon", mkol, styleOwnScale|styleArea|styleNoLabel, 0, -5); // Weekly trend
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes( shape, IIf( Buy, colorGreen, colorRed ), 0, IIf( Buy, Low-f, High+f));
_SECTION_END();
if u use 5 min chart u will get signals very late , if u use one day backfill
there are 2 cases
1) in case of gap open signals would get disturbed , solution, wait for some time about 1/2 an hour , as every thing would get averaged u r ok with system and can pick up the signals ,
2) no gape open or minor gap open ( best situation just forget day difference and pick early signals )
on a higher gap opn day ever stock do not opens with gap u could try others .
there are 2 cases
1) in case of gap open signals would get disturbed , solution, wait for some time about 1/2 an hour , as every thing would get averaged u r ok with system and can pick up the signals ,
2) no gape open or minor gap open ( best situation just forget day difference and pick early signals )
on a higher gap opn day ever stock do not opens with gap u could try others .
abhi,today i trade with small qty of tata motor,just for experiment.initially +di was way above -di due to yesterdays rally.then +di touch -di &bend upward there i took the trade@464,exit 80% at .5% profit & keep the rest till end using trailing sl.there was only one trading opportunity
what you suggest,sorry to trouble you
regds
Raj
what you suggest,sorry to trouble you
regds
Raj
Similar threads
-
What you feel is nifty going to open negatively positively or flat Monday morning
- Started by Rash123456789
- Replies: 2
-
-
Eros international. Why is share going down
- Started by sudhanshusingh
- Replies: 1
-
-