SH's 315 Strategy - how to use if effectively

[JackPotter]

I just eyeballed this years chart for DLF futres with 315 strategy.. these are the trades I got : Values rounded off for easy calculation!!

05 jan Sell 282
14 Feb Buy 245 = +37
15 Feb Sell 238 = - 7
10 Mar Buy 230= + 8
15 Mar Sell 221= -11
16 Mar Buy 227= -6
17 Mar Sell 223= -4
23 Mar Buy 231= -8
15 Apr Sell 242= +11
13 MayBuy 233= +9
16 MaySell 226= -7
30MayBuy 231= -5
Today if Sell triggers we may loose ~3/4 points in this trade!!

Positive trades gain 65 points in 4 trades
Negative trades loss 48 points in 7 trades

Gross : 17 points gain less slippage and brokerage!! Though positive but for me I would prefer a bit better result giving set up!!
Any suggestions friends!!

Did you analyze the last year's performance too? 5 months are very short time to jump on the conclusions.

 

[rh6996]

Did you analyze the last year's performance too? 5 months are very short time to jump on the conclusions.

No, I had not analysed last years!! But did it now. Could do from 5th March. There were total 18 trades till December, 6 Trades gave positive reults with 142 points and 12 trades ended in negative giving -151 points. The chart suggests that the earlier trade in Jan and Feb might have given a Big move. This would result in overall returns to be positive.

Friend, to me this analysis exercise says that we need to rein in the "bad" trades.. that would result in excellent returns!! Any suggestions!?? Would love to hear from people trading DLF per this strategy!!

My view is that any EOD data based strategy should give positive results "every quarter" to keep the confidence of the Trader in the strategy!! DLF doen not seem to be doing it!! Best part however is that the trades are just 1.5 trades per month.
So please post your views on it!!!

 

[ba8910]

No, I had not analysed last years!! But did it now. Could do from 5th March. There were total 18 trades till December, 6 Trades gave positive reults with 142 points and 12 trades ended in negative giving -151 points. The chart suggests that the earlier trade in Jan and Feb might have given a Big move. This would result in overall returns to be positive.

Friend, to me this analysis exercise says that we need to rein in the "bad" trades.. that would result in excellent returns!! Any suggestions!?? Would love to hear from people trading DLF per this strategy!!

My view is that any EOD data based strategy should give positive results "every quarter" to keep the confidence of the Trader in the strategy!! DLF doen not seem to be doing it!! Best part however is that the trades are just 1.5 trades per month.
So please post your views on it!!!

Hi rh6996,

Can you please back test LT

 

[crusader]

price not touching 3EMA. Exited at around 5410. Waiting for 3EMA touch...

 

[Tradewithhunter]

3 EMA not touching todays candle so shorts can be booked and wait for 3 EMA retest for entry.

Cheers
SH

 

[rh6996]

Hi rh6996,

Can you please back test LT

Why wud you wish someone else do it but you yourself!! Serves dual purpose... you get the results as well as 'confidende' either to trade or not to trade!!!

 

[tanewbie]

Hi rh6996,

Can you please back test LT

LT back test

Ticker - Date/Time - Signal - close - P/L
LT.EQ-NSE - 15-01-2010 15:59 - S - 1,651.20 - 174.95
LT.EQ-NSE - 18-02-2010 15:56 - B - 1,476.25 - 129.15
LT.EQ-NSE - 12-04-2010 15:59 - S - 1,605.40 - (14.60)
LT.EQ-NSE - 26-04-2010 15:58 - B - 1,620.00 - (20.45)
LT.EQ-NSE - 29-04-2010 15:56 - S - 1,599.55 - (15.50)
LT.EQ-NSE - 30-04-2010 15:59 - B - 1,615.05 - (23.15)
LT.EQ-NSE - 03-05-2010 16:08 - S - 1,591.90 - (15.00)
LT.EQ-NSE - 17-05-2010 15:59 - B - 1,606.90 - (48.40)
LT.EQ-NSE - 25-05-2010 15:59 - S - 1,558.50 - (49.25)
LT.EQ-NSE - 26-05-2010 16:00 - B - 1,607.75 - 215.90
LT.EQ-NSE - 28-07-2010 15:58 - S - 1,823.65 - (45.15)
LT.EQ-NSE - 20-08-2010 16:00 - B - 1,868.80 - (50.05)
LT.EQ-NSE - 30-08-2010 15:59 - S - 1,818.75 - (22.60)
LT.EQ-NSE - 02-09-2010 15:56 - B - 1,841.35 - 158.15
LT.EQ-NSE - 12-10-2010 15:56 - S - 1,999.50 - (78.60)
LT.EQ-NSE - 13-10-2010 15:59 - B - 2,078.10 - (89.50)
LT.EQ-NSE - 15-10-2010 15:59 - S - 1,988.60 - (54.60)
LT.EQ-NSE - 21-10-2010 15:59 - B - 2,043.20 - (42.65)
LT.EQ-NSE - 28-10-2010 15:59 - S - 2,000.55 - (83.50)
LT.EQ-NSE - 01-11-2010 15:59 - B - 2,084.05 - 0.75
LT.EQ-NSE - 15-11-2010 15:56 - S - 2,084.80 - 105.55
LT.EQ-NSE - 31-12-2010 15:59 - B - 1,979.25 - (50.75)
LT.EQ-NSE - 05-01-2011 15:59 - S - 1,928.50 - 303.75
LT.EQ-NSE - 15-02-2011 15:58 - B - 1,624.75 - (23.80)
LT.EQ-NSE - 23-02-2011 16:00 - S - 1,600.95 - (63.80)
LT.EQ-NSE - 03-03-2011 15:59 - B - 1,664.75 - (94.70)
LT.EQ-NSE - 07-03-2011 15:59 - S - 1,570.05 - (28.35)
LT.EQ-NSE - 25-03-2011 15:56 - B - 1,598.40 - 61.75
LT.EQ-NSE - 28-04-2011 15:59 - S - 1,660.15 - 7.90
LT.EQ-NSE - 20-05-2011 15:59 - B - 1,652.25 - 50.75
1,703.00

294.20

30 trades profit 294

 

[tanewbie]

No, I had not analysed last years!! But did it now. Could do from 5th March. There were total 18 trades till December, 6 Trades gave positive reults with 142 points and 12 trades ended in negative giving -151 points. The chart suggests that the earlier trade in Jan and Feb might have given a Big move. This would result in overall returns to be positive.

Friend, to me this analysis exercise says that we need to rein in the "bad" trades.. that would result in excellent returns!! Any suggestions!?? Would love to hear from people trading DLF per this strategy!!

My view is that any EOD data based strategy should give positive results "every quarter" to keep the confidence of the Trader in the strategy!! DLF doen not seem to be doing it!! Best part however is that the trades are just 1.5 trades per month.
So please post your views on it!!!

dlf 34 trades profit 113rs

 

[rh6996]

dlf 34 trades profit 113rs

TA Newbie, I do know that I did not take into account 3EMA exits and reentry and also adding at 15 EMA touch. Looking at the charts and the rules we have here for these actions, I am sure if 5 people analyse the charts all 5 will have different results. All I did was noted down the crossover levels only!! And I do believe that a script need to give good results as per crossover and the Extra trades should act as bonus!! Just my view as per my perspective. Thanks for the efforts.

 

[JackPotter]

Since we had such a low number of trades for DLF during the last year, I guess a trader should be happy with his yearly profit. Well, it depends on your trading activities.