Saravanan Notes

Re: XRay System

The above quote was taken from xray System Thread ( Refer my prev.Post).

The above Trade Results of may series given Profit Points as 193 for 28 Trades

for me it Costs 3.86 Points per trade (Brokerage and taxes)

So the Expenses would 28*3.86=108 Points
Nett Points =193-108=85 Points

Suppose if any month if one had negative return or flat then there would be serious draw down.

if one could able to generate good wealth through this system then his broker might generate more wealth and government (our country) also benefited via taxes

Re: Pair Trading

thanks. but i am unable to give u through traderji link. :clapping:

Re: Pair Trading

Sumantra, sorry I forget to add the link

here is the source Link
Source

Re: XRay System



Kindly discuss your system, its plus and minus points. The bold portion in your post above amounts to uncharitable comments about a fellow members system results posted. I am sure you did not mean it though...but it certainly gives that impression which needs to be avoided.

If you have a better system giving more points in less trades in daytrading then people will be too happy to learn the same from you.

Smart_trade

C r m s trade system

My Positional Trading System Based on EOD

I NAMED IT " C R M S TRADE SYSTEM "

Trading chart set up:

1. I use " Price Action Trading " with "Exponential Moving Averages " ,
Which is Fibonacci Numbers
EMA 21 , EMA 55 AND ALSO NON FIBONACCI NUMBER EMA 100

in my chart
2.I will not use any Indicators with out EMA s

3.I will use "Swing Trading" and main emphasis given to swing Trading

4.And i also use " Trend Line Break Out " and "Pattern Trading"

5.In swing "Bullish Engulfing , Bearish Engulfing , Pin Bar , Hammer , Reverse Hammer " is the additional importance will be given

my main intention is trade system should be " Easy ,Understandable , with Simple Rules , and also Less rules " (EUSL )
i always use to trade any 2 combination or any 3 combinations like trendline break out with EMA Break out or Swing Break Out with EMA Break Out

It may also got limitations but i am using this trading system , it is also hit stop losses for that i am giving money management rules in next posts

First I will take Plain Chart With EMAs


Next step is recognize EMA 's Congestion Point or Price should cross over All EMA s Top to Down or Down to Top





In these examples EMA s congestion point is vital and take swing Break Out , Swing Failure,

I don't Trade EMA s Expandable state i call that is a " cloud Area "

and also Trend line Break out or Swing Break Out, or Swing Failure

Ex:


My Entry
Ex


Re Entry Chance :


Money Management Rules :

1.Stop Loss : Should be maintain not more than 1 % of your capital per one trade

2.Per Month don't lose 5 % above Your Entire Capital

3. Put Stop Loss below the swing few points below

4. Trailing stop loss move half quantity below the entry candle stick below few points

5. After that Trialing stop loss Move below the swing

DEFINITION of 'Swing Trading'

A style of trading that attempts to capture gains in a stock within one to four days. Swing traders use technical analysis to look for stocks with short-term price momentum. These traders aren't interested in the fundamental or intrinsic value of stocks, but rather in their price trends and patterns.





Source

Very nice thanks for generously sharing :clap:

52 week High






Source