Hello ravi,
Marketfeed is we the new traders,who are feeding or patronising the market with our hard earned money. Any how , iam also new to system trading. But seriosly interested to trade with system. recently i purchased Amibroker. i down loaded some books, such robert pardos,Thomas stridesman,david aroonson etc,.
I will try to answer your query. There are lot many trading systems are there in internet. But trading others system without understanding them is very very sure way of losing money. It is because of the fact that, others system is their personal. Imean their time frame is different, their trading instruments are different, their tolerance levels to loss are different, etc in one word , they are not you, so their system is not suitable for you.
Thats why , iam decided to develop my own system, starting simple with MA crossover with ADX as filters. I want to keep stoploss as 20 points of nifty. I want to trade with 5min or 10min or 15 min time frame. I not decided on time frame because, i have not tested the system. I trade the system which gives maximum profits , then i stick on to that time frame.
iam sorry, i given lengthy reply. Dont disappoint, in this forum ,there are lot many seniors are ther to help us.