1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

Whether the latest MTP v2.2 tool is useful?

  • YES. The tool helps to take safe positions using FLOW and Renko Charts

    Votes: 26 92.9%
  • NO. The tool is not useful

    Votes: 2 7.1%

  • Total voters
    28
  • Poll closed .
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj

Anyway to get the OTP tool without form controls in it? No fixes mentioned are able to solve the problem of form control with OTP tool
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj

Anyway to get the OTP tool without form controls in it? No fixes mentioned are able to solve the problem of form control with OTP tool
Microsoft link solves teh problem... the tool is not hanging up as before , but when i screen all in the stock screenGF tab and move to OTP tab and press Update all recommendations, all the values are filled with the same value as shown below
 

Relish

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

press Update all recommendations, all the values are filled with the same value as shown below
It only happen when net broken in my case but when I rescan it works fine. Try once again extracting new file.
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

IF Renko Chart no Showing try this:

Click Start, type cmd.
Right-click the cmd icon, and then click Run as Administrator. then put this

%systemroot%\system32\regsvr32 /u mscomctl.ocx /s

next restart Excel file and try Renko Chart. Hope this will work.
 
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

The Strategy.

It is not a Real positional method because I don't want to take the positions to the next day. It is also not Intraday because I am not going to sit the whole day for Trading. The above statement with the assumption that the backtested results of last two years data will work for future also

So coming to steps.
1. End of day, Take the OHLC (Open, High, Low, Close)
2. Calculate the 25 DAY EMA on the HIGH - We will Go LONG only above this Price
3. Calculate the 25 DAY EMA on the LOW - We will Go SHORT only below this Price
4. Calculate the 15 DAY EMA on the OHLC - We will use this to calculate the BUY/SELL signal
5. Calculate the 25 DAY EMA on the OHLC - We will use this to calculate the BUY/SELL signal
6. To Confirm the UP trend, there should be HIGHER HIGHs and HIGHER LOWs. For DOWNTREND it should be LOWER HIGHs and LOWER LOWs.
7. Using the above rule, we will get a BUY or SELL signal for 15DAY EMA and 25 DAY EMA. If we can use TOD for TODAY and PRE for PREVIOUS Day. Then we will get a BUY Signal if TOD_HIGH >= PRE_HIGH and TOD_OPEN >= PRE_OPEN and TOD_LOW >= PRE_LOW and TOD_CLOSE >= PRE_CLOSE
8. For a SELL Signal we have to check the LOWER LOWs and LOWER HIGHs.
9. We will get one signal for 15DAY EMA and another for 25DAY EMA.
10. If both are BUY then for tomorrow we will go LONG or if both are SELL then for tomorrow we will go LONG.
11. If both of them do not give any BUY/SELL signal then no trade for tomorrow.
12. If the signals are different then we will go with the 25DAY EMA Signal because we want to go with the Trend (so we use higher EMA value)
13. IF it is a LONG, then we will go LONG above the Price (Calculated in Step 2)
14. IF it is a SHORT, then we will SHORT below the Price (Calculated in Step 3.)
15. We will have to calculate the Stoploss Price so that the Win Ratio confirms with the Trend. For Example if NIFTY is trending only 25% of the time and 75% of the time it is Rangebound, then we will have to find a stoploss so that we will win the Trades only 25% of time. The value from my tool comes to around 7-10.
16. Once you open the trade around 9:15 AM to 9:30 AM after checking the opening price, then put a Stoploss trade and close the Trading Terminal.
17. At around 3:15 PM to 3:25 pm, you need to close the trade if Stoploss was not hit.
18. After market hours download the OHLC for today and continue the steps for tomorrow.

All the above steps and calculation have been done in the Excel tool. The only thing which needs to be done is daily add a row and update the OHLC manually and check the column W for LONG Signals and column AB for SHORT signals in the tool.

I have not actually used this system. So please use it if you feel confident and that you are convinced. I am planning to paper trade for some time before actually using it. Please share the tool and please don't sell this tool for money... It is supposed to distributed freely...
Dear Raj
Thanks for sharing.But where is the excel sheet for calculation & excel sheet of backtested result?

Regards
Shaileshkumar Mehta
 

Relish

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Dear Raj
Thanks for sharing.But where is the excel sheet for calculation & excel sheet of backtested result?

Regards
Shaileshkumar Mehta
Find links in Raj signature.
 

Relish

Well-Known Member

Relish

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hey Thanks... tried it out.. the update recommendations sheet is getting filled with the same values... it looks like it is getting filled with AmbujaCEM value..
I am not expert in excel but i will try to find solution; if got will post here.
 

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