HI FRIENDS
We have seen precision technicals system and observed it in action.
it uses ema5,ema13 and ema26 and colorcandles.
they say keep stoploss of 2 units whatever be the stock.
WE have seen it failed many a time and the stoploss is missed as it is a mental one based on a line on chart.
even before the trader is ready to click order for stop some times the price drops badly thru.
Another big problem is the input of data comes one or 2 minutes late this delay in futures market is dangerous.
everytime a market chop occurs the trader hits loss after loss as system provides no guidance .
worst thing is trading futures and trading on 5 minute chart.
The ema5-13 system is available in Amibroker by name Nick ma swing for quite sometime.
above all the price is high at Rs20000 plus taxes etc not worth
think before you jump in
all the best
If you dont know about using a technical stop and percent stop combination, you are into deep losses.
rvlv
there is no single system that can beat market with three ema moving averages.
We have seen precision technicals system and observed it in action.
it uses ema5,ema13 and ema26 and colorcandles.
they say keep stoploss of 2 units whatever be the stock.
WE have seen it failed many a time and the stoploss is missed as it is a mental one based on a line on chart.
even before the trader is ready to click order for stop some times the price drops badly thru.
Another big problem is the input of data comes one or 2 minutes late this delay in futures market is dangerous.
everytime a market chop occurs the trader hits loss after loss as system provides no guidance .
worst thing is trading futures and trading on 5 minute chart.
The ema5-13 system is available in Amibroker by name Nick ma swing for quite sometime.
above all the price is high at Rs20000 plus taxes etc not worth
think before you jump in
all the best
If you dont know about using a technical stop and percent stop combination, you are into deep losses.
rvlv
there is no single system that can beat market with three ema moving averages.