The 5 Pointer

[extremist]

This is the justification char t of my trade.

u wont believe.....! how simple it is.

The system :

In Price chart i used

1. 100 period TEMA-TEMA - Triple Exponential Moving Average (Red in color)
2. 9 period Simple MA.

the required code is
And the oscillator i used is normal stochastic oscillator With settings
%K period - 8
%K Avg - 3
%D Avg - 4

And the other is with same setting but it is operating on Higher time frame.
It is On 6 Min Time frame.

Imp: This System works good On min Time frame.
other i didn't checked. coz this only suits my level of confidence in market.

the required code is

_SECTION_BEGIN("Stochastic %K %D");
periods = Param( "Periods", 8, 1, 2000, 1 );
Ksmooth = Param( "%K avg", 3, 1, 2000, 1 );
Dsmooth = Param( "%D avg", 4, 1, 2000, 1 );
tf = Param( "TF", 6, 1, 375, 1 );

TimeFrameSet(in1Minute*tf );
k0=StochK( periods , Ksmooth);
d0=StochD( periods , Ksmooth ,Dsmooth);
TimeFrameRestore();

k=TimeFrameExpand( k0, in1Minute*tf,expandFirst );
d=TimeFrameExpand( d0, in1Minute*tf,expandFirst );

Plot( k,"%K :", ParamColor( "%K Color", colorBrightGreen ), ParamStyle("Style") );
Plot( d,"%D :", ParamColor( "%D Color", colorRed), ParamStyle("Style") );

_SECTION_BEGIN("Clip");

Ctr=Param("Cnter",50,0,200,1);
Clp=Param("Clip",20,0,200,1);
col=ParamColor( "Clip Color", colorGold );
Plot( Ctr+Clp, "", col,styleDashed );
Plot( Ctr,"", col,styleDashed );
Plot( Ctr-Clp, "", col,styleDashed );
_SECTION_END();

Short Entry Rules :

1. Let the averages Cross negatively and maintain some distance.
2. At the same time look in 6 min Stochastic for K cross d downside
3. Enter short when price reaches near averages and fast 1 min stochastic become overbought or tries to turn downward.

EXIT :

It is a exit at will strategy.

for buy reverse the scenario.

that's it...!

Very Very simple.

Don't be too greedy.
Don't try to eat whole in a day.
Believe in sneeking the way safely than beating the market else at the end u will be the only to be at receiving end.

 

[amitrandive]

The system :

In Price chart i used

1. 100 period TEMA-TEMA - Triple Exponential Moving Average (Red in color)
2. 9 period Simple MA.

the required code is
And the oscillator i used is normal stochastic oscillator With settings
%K period - 8
%K Avg - 3
%D Avg - 4

And the other is with same setting but it is operating on Higher time frame.
It is On 6 Min Time frame.

Imp: This System works good On min Time frame.
other i didn't checked. coz this only suits my level of confidence in market.

the required code is

Extremist

With this post and share you have shown that you are extremely confident of your system and not afraid to share.

It requires guts and tremendous confidence to do so.

Moreover it also requires a benevolent sharing attitude to disclose one's system.

Also it is a KISS method(Keep It Simple Sam). Love the simplicity.

Hats off to you !!!
:clap::clap::clap:

 

[extremist]

Today i bought at open because see the reasons in the following image.

i will slowly add to my system post.

Today also Bought at 7530 and exited 7552

 

[extremist]

i couldn't got time to post it on time coz i was already editing the post.

i'm lil slow in typing.

 

[extremist]

Now strategy is explained completely in Post No. #61 With the code needed.

 

[tradewell2]

Can you please tell the reason for the today entry as I couldn't get it? thanks

 

[lsgangadhararao]

hats off you. really excellent service , generally no body interested to reveal their strategies.you are so humble.god blees you. tghank you

 

[extremist]

@ tradewell2
it easy bro.....

as i explained in strategy

Look at the opening 1 min candle.
while it was forming and around 7530 the averages were already crossed yesterday and they were just saying tht they r about to widen.
Slower 6 Min stochastic was in overbought region so this means it can spend time there at least to give us 5 points.
then go to faster 1 min stochastic it just was rising frm the pit so tht was a entry. The opening thrust helped to propel beyond 5 pointer.

i hope all is clear now

 

[extremist]

I will be very happy to hear from u tht by using this simple strategy anyone of u had made some money today.

Is there any body today....?

let's we all grow......

 

[extremist]

See this second trade of the day......

Short at 7598 and covered at 7571

and it still is going down.

Now i'm gating late to post trade coz i need to edit and upload and type and send the image so please bear with me.......