SH's 315 Strategy - how to use if effectively

[srfelixmca]

Please upload the excel sheet else send [email protected]

Thanks.

 

[sunilrhs]

Please upload the excel sheet else send [email protected]

Thanks.

Dear srf,

A few quotes above, a link in my quote is given to download the excel.

Regards

Sunil

 

[vinst]

Dear Vinst,

5 DMA color formatting is based on the col. 'J' (not on col 'I', which is the diff. in closing price only). Col. 'J' is the closing price of the day, so whenever the closing price goes up the 5DMA it becomes green and if it goes below 5DMA then its Red.

Or you have copy and pasted the 5DMA part to other excel sheet??? As it may take wrong refernce for cell.

Regards

Sunil

Hello Sunil,
I went through original worksheet and posted observations. however, my questions is answered by you and that 's what matters :clap:

regards,

 

[indianroadromeo]

Hello every one !
A special thank to the creator of this wonderful Strategy....Mr. SH ! Thanks a lot.
I am, being a silent listner, following this thread since long time. By the time this strategy has evolved into a matured one.....ofcourse with the bit-by-bit contribution of all of its followers.
I am very new to this whole world of trading....an amateur you can say. As a part of my contribution to the community let me introduce my bit.

I have tried to create an AFL for this strategy in amibroker. (Ofcourse with bits of information from various threads of traderji). This AFL gives an audio-visual alert for 315 crossover.

Experts are kindly requested to encourage me to improve this afl, if any corrections are required.

Click this link to download the AFL : http://www.4shared.com/file/ciaRk4qW/315.html

 

[umeshlp]

Friday 3 EMA moved upward. If today's 3EMA > Friday's 3 EMA at 3.25pm, according to rule , we have have to exit short (nifty). But temptation will be to remain in trade, if such big red candle remains.

 

[Tradewithhunter]

Friday 3 EMA moved upward. If today's 3EMA > Friday's 3 EMA at 3.25pm, according to rule , we have have to exit short (nifty). But temptation will be to remain in trade, if such big red candle remains.

yes today we might have to exit shorts as per the rules.

temptation or descipline ... choose wisely

Cheers
SH

 

[Baloon]

Friday 3 EMA moved upward. If today's 3EMA > Friday's 3 EMA at 3.25pm, according to rule , we have have to exit short (nifty). But temptation will be to remain in trade, if such big red candle remains.

True. Unless there is a bearish engulfing candle going below fridays low!

 

[umeshlp]

True. Unless there is a bearish engulfing candle going below fridays low!

If not, we have to exit short. And then? Can we go long or wait for crossover?

 

[Baloon]

If not, we have to exit short. And then? Can we go long or wait for crossover?

As per 315, we have to wait to for the cross up to go long.

Also if 3ema by end of today is lower than fridays, we can add shorts or take new short position.

SH, please correct me if I am wrong. Thanks.

 

[sonai_81]

We need to keep our short open if NF price <=5322 @3:25pm