Predictive Power : Scanner for Future and Option Stocks

rh6996

Well-Known Member
#1
A friend has some Amibroker Scanner aptly named : Predictive Power ! At EOD it Scans all Stocks in Futures and Predicts there move for next day.
My friend claims its 70+% accurate. One needs to take position in Stocks List generated just for the day and exit at ~0.9% profit.

Has anyone heard of it or something similar?
Here is a Stock list for tomorrow. In case of Buy List, Buy 0.1% above the level given as a cushion and expect it to rise by minimum 1% above the level mentioned.
**********************************
Buy for 18th Aug 2014
ADITYA BIRLA NUVO LIMITED 1451
AMBUJA CEMENTS LTD 213.5
ASHOK LEYLAND 34.95
CIPLA 453.65
CROMPGREAV 198.9
GRASIM 3315.6499
ICICI BANK LTD 1489.4
JSW STEEL LIMITED 1279.45
KARNATAKA BANK 123.6
RELIANCE INDS 1007.7
STEEL AUTHORITY OF INDIA LTD 85.4
UNITED SPIRITS LIMITED 2384.8
UPL 314.65
VOLTAS 222.5

********************************************

On cross checking I found that the level mentioned is HIGH of the previous day !
 

rh6996

Well-Known Member
#3
Is there any utility available in which we can prepare orders to be placed when market opens to make it easier to do so for larger number of Stocks?
Any one seriously thinking of using the above strategy would surely love to have such utility if he plans to place orders for all scripts at a GO at OPEN of market! :D
 

rh6996

Well-Known Member
#4
A friend has some Amibroker Scanner aptly named : Predictive Power ! At EOD it Scans all Stocks in Futures and Predicts there move for next day.
My friend claims its 70+% accurate. One needs to take position in Stocks List generated just for the day and exit at ~0.9% profit.

Has anyone heard of it or something similar?
Here is a Stock list for tomorrow. In case of Buy List, Buy 0.1% above the level given as a cushion and expect it to rise by minimum 1% above the level mentioned.
**********************************
Buy for 18th Aug 2014
ADITYA BIRLA NUVO LIMITED 1451
AMBUJA CEMENTS LTD 213.5
ASHOK LEYLAND 34.95
CIPLA 453.65
CROMPGREAV 198.9
GRASIM 3315.6499
ICICI BANK LTD 1489.4
JSW STEEL LIMITED 1279.45
KARNATAKA BANK 123.6
RELIANCE INDS 1007.7
STEEL AUTHORITY OF INDIA LTD 85.4
UNITED SPIRITS LIMITED 2384.8
UPL 314.65
VOLTAS 222.5

********************************************

On cross checking I found that the level mentioned is HIGH of the previous day !
Seems all stocks have done target today atleast except Ashok Leyland. I have doubts if it was triggered. Previous high was 34.95 and today high 35.05 ! Personally had I been trading it, my entry would be at 35.10 or more!
I traded only Voltas that too in cash segment. Entered Long 200 shares @ 223.20 and Sold 100 at 225.50 and 100 at 228.85 .
I could not find a way by which to enter multiple orders just as the market opens.
Would be happy to receive pointers in this regard.
 

rh6996

Well-Known Member
#6
Can you pls provide further info

metastock version,? its an in- built scanner or an external add - on.
It obviously is an external one and in all probabilities something 'created' by a mutual friend of ours who is a wizard in Metastock.
He was lastly using Version 10 of Metastock. No idea for which version is the Scanner in question.
 

rh6996

Well-Known Member
#7
Buy List for 19th Aug :
BANK INDEX 15468.85
APOLLO TYRES 171.3
BATAINDIA 1240
BHEL 219.65
DISHTV 58.8
FEDERAL BANK 119.45
GMRINFRA 26.6
HDIL 95.35
IDFC 151.65
JAIPRAKASH POWER VENTURES LTD 17.05
JUBILANT FOODWORKS LTD 1218
L&T FINANCE HOLDINGS LTD 68.35
MRF 24200
PETRONET 178.4
SBI 2435.8501
TECHM 2210
UCOBANK 98.6
UNION BANK 200.4
ZEE ENTERTAINMENT ENTERPRISES LTD 280.4


Let us see how many can I enter at required levels and at Open tomorrow ! In any case wont trade more than 2 even if I get time to enter! :eek: :p
 

ram2010

Well-Known Member
#8
Buy List for 19th Aug :
BANK INDEX 15468.85
APOLLO TYRES 171.3
BATAINDIA 1240
BHEL 219.65
DISHTV 58.8
FEDERAL BANK 119.45
GMRINFRA 26.6
HDIL 95.35
IDFC 151.65
JAIPRAKASH POWER VENTURES LTD 17.05
JUBILANT FOODWORKS LTD 1218
L&T FINANCE HOLDINGS LTD 68.35
MRF 24200
PETRONET 178.4
SBI 2435.8501
TECHM 2210
UCOBANK 98.6
UNION BANK 200.4
ZEE ENTERTAINMENT ENTERPRISES LTD 280.4


Let us see how many can I enter at required levels and at Open tomorrow ! In any case wont trade more than 2 even if I get time to enter! :eek: :p
I have shortlisted techm, bataindia and jubilant foodworks using my own strategy from the above list.

iam going to fire the above 3 orders in a single stretch (small quantity only), since iam a nifty trader.

let us see tomorrow.
 

rh6996

Well-Known Member
#9
I have shortlisted techm, bataindia and jubilant foodworks using my own strategy from the above list.

iam going to fire the above 3 orders in a single stretch (small quantity only), since iam a nifty trader.

let us see tomorrow.
Thats a good idea to filter this list with a strategy of your own! I have short listed 4 stocks : Zee, SBI, L&TFin and J P Power. Let us see how today pans out! Shall enter Long in them at the level given plus filter of 0.1% rounded up. As these are Futures levels shall need to adjust for corresponding Cash/Spot level.
There was a Shorting share too : ITC ! Though there was a note that it was in shorting list for 18th too hence avoided in list today!
 

amitrandive

Well-Known Member
#10
A friend has some Amibroker Scanner aptly named : Predictive Power ! At EOD it Scans all Stocks in Futures and Predicts there move for next day.
My friend claims its 70+% accurate. One needs to take position in Stocks List generated just for the day and exit at ~0.9% profit.

Has anyone heard of it or something similar?
Here is a Stock list for tomorrow. In case of Buy List, Buy 0.1% above the level given as a cushion and expect it to rise by minimum 1% above the level mentioned.
**********************************
Buy for 18th Aug 2014
ADITYA BIRLA NUVO LIMITED 1451
AMBUJA CEMENTS LTD 213.5
ASHOK LEYLAND 34.95
CIPLA 453.65
CROMPGREAV 198.9
GRASIM 3315.6499
ICICI BANK LTD 1489.4
JSW STEEL LIMITED 1279.45
KARNATAKA BANK 123.6
RELIANCE INDS 1007.7
STEEL AUTHORITY OF INDIA LTD 85.4
UNITED SPIRITS LIMITED 2384.8
UPL 314.65
VOLTAS 222.5

********************************************

On cross checking I found that the level mentioned is HIGH of the previous day !
Most of these stocks have crossed 20EMA on a Daily basis , hence the breakout.
:thumb:
 

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