Yeah because this is a Trend Following Method and right now the market is not trending.. It's consolidating and correcting.. It's rangebound and it's meant to give whipsaws in any kind of trend following methods.. Check the thread named "Trend Reversal?" in this same forum (Technical Analysis) to know about the same..
AceCharts has a custom indicator for SH315 trading. It also implements rule for selling when candle does not touch 3 EMA and buying it back which it touchses 15 EMA. The EMAs are configurable. Also it has a configuration wipsaw margin. It is being discussed at http://www.traderji.com/software/75380-acecharts-new-charting-software.html
this strategy is nice and simple.... but it will be more awesome if someone could write an AFl containing exploration(bullish and bearish) and buy, add buy, sell etc.....
as a beginner what stocks should i track on? i have already invested in tata steel @496 long ago,educomp sol @173and rel comm @69 but srill do not earn sufficient returns now what should i begin with
as a beginner what stocks should i track on? i have already invested in tata steel @496 long ago,educomp sol @173and rel comm @69 but srill do not earn sufficient returns now what should i begin with