SH's 315 Strategy - how to use if effectively

[rkkarnani]

I do not Trade this Set up hence my views may be misleading. Though I have always maintained that we need to enter a long or a short : above the high or below the low of a crossover candle after applying some filter.

In very recent past there were negative crossovers on 24th Dec and then again on 27th Dec. which would not be triggered on this basis.

 

[Samgos]

Yes, there is a crossover, 15ema (6044.46) being 2 points higher than 3ema (6042.25). The followers of this strategy can guide about the entry.



http://www.traderji.com/technical-a...gy-how-use-if-effectively-299.html#post553963

will this work today ??


Thanks

 

[rkkarnani]

Yes, there is a crossover, 15ema (6044.46) being 2 points higher than 3ema (6042.25). The followers of this strategy can guide about the entry.



http://www.traderji.com/technical-a...gy-how-use-if-effectively-299.html#post553963

will this work today ??


Thanks

Please be more specific ? What will work today!!!??
The linked Post has a variety of options for variety of things. Maybe some one can help you but need more input.

 

[timepass]

No one can predict how the markets will behave today . You take your positions and set your targets and stoplosses.. no trade is a position too.

 

[Samgos]

Yes -
As it was hard to make conclusion abt false crossover !
And also there is mkt correction strategy due towards 100 EMA !


Thanks

 

[timepass]

Well, it has left the 3ema today (6001). Let's see if there is a rise or the downside continues.

 

[shashank yadav]

I have tested many strategies on my amibroker and found 315 is best in results wid some changes.
changes are stop loss 10 points target 40 points trailing stop loss 10 points
wid this I tested and found in 15 TF
NIFTY - 11.22 % profit
banknifty - 18.30 % profit (without trailing sl)
adanient - 85.00 % profit(without trailing sl)
tatamotors- -31.70 % loss
If seniors think some more tweaks or changes make it more profitable plz tell me
(If any body knows how to test a strategy over many stocks tell me.I posted it in amibroker forum also but got no answer)

 

[rkkarnani]

I have tested many strategies on my amibroker and found 315 is best in results wid some changes.
changes are stop loss 10 points target 40 points trailing stop loss 10 points
wid this I tested and found in 15 TF
NIFTY - 11.22 % profit
banknifty - 18.30 % profit (without trailing sl)
adanient - 85.00 % profit(without trailing sl)
tatamotors- -31.70 % loss
If seniors think some more tweaks or changes make it more profitable plz tell me
(If any body knows how to test a strategy over many stocks tell me.I posted it in amibroker forum also but got no answer)

Nice to see sharing your hard work of Analysis for benefit of others.

All these are as per 315 and based on EOD charts????
What SL and Tgt was taken in other than Nifty Futures? Would be good if you can arrive at a SL figure in percentage terms !
Have you taken 315 strategy in toto, i.e entry, exit at not touching 3 EMA, or 2 days 3EMA contramove, add on 15 ema touch etc?? OR is it simple crossover?
Please share the Trading Rules with which you have analysed the historical data of the mentioned Stocks and Indices.

 

[timepass]

315 crossover in USDINR, and a WRB today. 100 ema is 54.23.

Any comments ?

 

[timepass]

USDINR respected 315 but reverted to form a gravestone doji. Is it a buy at 3ema touch ?