Backtesting and trading camarilla pivots

radha55

Well-Known Member
Camarilla Trading

Nifty Futures profit for 20th November 2009.

Nifty Futures opened at 4961.20.

This is betwwen L3 - L4.

So we buy above L3 and sell below L4.

Buy above L3(4963) triggered.

Unfortunaletly stoploss hit at L4(4939).

So, loss = 4963 - 4939 = 24 points.

Buy triggered again at L3(4963).

all Targets till H4(5034) were achieved.

Now we keep next target as 0.5% of H4.

0.5% = 5059.17 (achieved).

So we sell at 5059.

Profit = 5059 - 4963 = 96 points.

Total Profit = -24 + 96 = 72 points.

Profit of 3500+ with one lot of Nifty.
 

radha55

Well-Known Member
Nifty Futures Profit for 24th november 2009.

Nifty Futures opened at 5099.00.

This is between L2-L3.

We wait for price to come in range L3-L4.

Price came in range soon. Buy triggered ta L3(5094).

Stoploss hit at L4(5080).

Fresh Short triggered at 5080.

Loss = 5094 - 5080 = 14 points.

Now since we are short at L4.
we keep target of 0.5%.
0.5% Target = 5054.6 (achieved).

profit = 0.5% = 25 points.

Total Profit = 25 -14 = 11 points.

Profit of Rs.500 with one lot of Nifty.
 

radha55

Well-Known Member
Nifty Futures profit for 30th dec 2009.

Nifty Futures opened 5003.05.

This is between H3 - H4.

So we short below H3 and buy above H4.

Nifty Futures touched a low of 4990.10.

H3 was 4990. So our short didnt got triggered.

Buy triggered at H4(5034).

0.5% = 5059.17 (achieved)
Profit for today = 0.5% = 25 points.

Profit of 1000+ with one lot of Nifty.
 
No dear , so far you might have seen you are loosing the trade............ till 31st december it is unlikely to yeild you profits......... yes you might be breakeven by the end of the month
 
Hi amanc,
do u feel that quantitative approach to stocks are not the best ways to trade the mkt? I am a novice and just wanting to know ur opinion. In case you can, pl suggest a couple of methods worth following.
Thanks and regards
 

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