Wow.. Sunny keep it up. So now, you have crossed 100 pips in profit, by our simple system, which I am not sure, what to name... so here's the challenge for you guys... If you have downloaded it and seen it in the historical data, you would have noted that, it works really well and is real smooth.
I would like to give a name to this baby, so please let your creative horses loose and suggest a good name... There will be a gift from my side to that guy or gal...
I would love to hear from others as well who are making profits with the system... and if you have issues as well I will clear it to the best of my knowledge.
Raghavacc, Wishing you all the best for your venture in Forex. For good or for bad, whatever indian stock market did to you in two years, forex can do it to you in 2 days or 2 weeks because of the leverage. As rightly noted take baby steps, build competence, which brings confidence and then big bucks, that's the order it should be in...
Swami I could not see the image that you have posted, could you try posting it again or pm it to me and I will upload it on my server... and then put a link here.
Munnabhai, It will and it won't work on 5 min...
the day when the market is trending, this system will work like a charm on 5 min, you will look like the most successful trader in the world with your ability to enter every trend and make pips... but the day when the markets are directionless... you will look like a dumbass... So, if you see lot of volatility some days try 5 min... if the 1 hr candle looks small and still you trade 5 min, it will be disastrous.
Sub, I have worked on Amibroker, but never on Metastock.
I have learnt a bit of coding (just a bit, where I use ready made syntaxes or may be edit a bit here and there ... that's it) in mq4, but when it comes to afl in amibroker, i am zero.
I have a guy from whom I get my systems coded and stuff like that... If he can I will ask him, if he can't then you will have to watch metatrader and then trade on Amibroker.... I think there is a broker that give charting for Indian stocks on metatrader too...
And yes there is a difference of 2 pips between nifty in mt4 and sharekhan's platform, I have seen it... Similarly even in forex, the prices vary within this range of 2-3 pips from brokers to broker.
I could not respond to you guys the whole today, as I was training a batch of students from Surat, gujarat, who wants to start Portfolio management. And you guys know people with that kind of a vision, have a ton of questions... so kind of completely tired...
See you guys tomorrow around...
Take care, happy trading and God bless....
another 30+ pips profit..