RKK Sir,
You may be right as per your data.... I am using Sharekhan. I believe that the time of the bar start differs as per your and my system. But that should not matter... None of the time bar is a holy grail or perfect. So that should be fine.. and basis different timebar, you are not overlooking anything.
Re. closing of long position, I have already posted, that since I was busy watching options trade, I closed the long, though as per our system we needed a confirmation that the price had to close below the signal bar. (Also posted that even if SAR signal is generated, after a directional run, it is not advisable to take it, as by experience it has proved to be a low probability trade)
My 2C
You may be right as per your data.... I am using Sharekhan. I believe that the time of the bar start differs as per your and my system. But that should not matter... None of the time bar is a holy grail or perfect. So that should be fine.. and basis different timebar, you are not overlooking anything.
Re. closing of long position, I have already posted, that since I was busy watching options trade, I closed the long, though as per our system we needed a confirmation that the price had to close below the signal bar. (Also posted that even if SAR signal is generated, after a directional run, it is not advisable to take it, as by experience it has proved to be a low probability trade)
My 2C
DSM, You must have priority for you actual trades , no doubt....., I know this first hand as I myself am unable to Post while trading. This extra effort of yours is appreciated which aims to help others too! So maybe you need to give some "extra extra" effort , if this thread is to achieve its goal ! Either we can have someone who also uses the same Set up as you to Post the 'observation' in RT or simply the trade may be tracked in RT and the same Posted later.
I am not volunteering as I know I cannot do it, dont find time with my own Intra Day trading.
Was there an exit in Nifty Long as per your chart ? Please post the same, or simply post the values of Supertrend with time of the candles near exit !
DSM, Noted your observation about not taking a SAR after directional run ! It seems to be logical too. This surely dilutes the "mechanical' character of our system. What alternate do we have to remain as mechanical as possible ! ?
We have to keep in mind the main aim of this thread :
The idea for this thread is to check the outcome of trades based on a well defined mechanical system
BTW, in Nifty did the candle close below Supertrend in your charts. I also find "chart anomaly' in BNF ! In my charts BNF closed below the ST on 31st whereas it closed in your charts on 30th ! In my charts the Short in BNF did not trigger, if a filter of 10 points was applied, we remained Long ! So this difference in data can really change the 'results' !