Backtesting and trading camarilla pivots

[radha55]

Nifty Futures profit for 24th spetember 2009.

October series.

Nifty Futures opened at 4935.55.

This is between L3 - L4.

L3 is buy and L4 is short.

See the low for today. 4921 (this is L4)

Price didnt went below this level. we saved from being short.

Buy triggered at L3 (4942).

Our targets are L2,L1,H1,.....

All our targets reached till H4(5005).

After 5005 we keep target of 0.5% and trailing stoploss of H4.

Price went high till 5009 and reversed.

So our trailing stoploss gets hit.

Profit = 5005 - 4942 = 63 points.

Profit of 3000+ with one lot of Nifty

 

[radha55]

Nifty Futures Profit for 25th September 2009.

Nifty Futures opened at 4958.00.

This is between L3-L4.

So we buy above L3 and sell below L4.

Buy above L3(4974) triggered at 10:20 am.

Our targets are L2,L1,.....

Our targets till H1(5006) are achieved.

Nifty Futures just reversed from 5007.

so lets say our trailing stoploss at L1(4990) gets hit.

So our profit = 4990 - 4974 = 16 points.

Now again the price came in range L3 - L4 at 1:20 pm.

We buy above L3 and sell below L4.

Sell below L4(4949) triggered at 1:34pm.

0.5% Target = 4924.255(not achieved).

Our stoploss loss ta L3(4974) gets hit.

At the same time we enter long at L3.

so our loss = 4949 - 4974 = 25 points.

Now since we enter fresh long at L3(4974) we keep our targets as L2,L1.....

Our targets till L2(4982) are ahcieved.

So profit = 4982- 4974 = 8 points.

So total profit = 16 - 25 + 8 = -1 points.

So loss of Rs.50 with one lot of Nifty.

 

[radha55]

Nifty Futures Profit for 30th september 2009.

Nifty Futures opened at 4992.00.

This is between L3 - L2.

So we wait for the price to come in range.

The price come in range H3 - H4 at 10:32am.

H4 is buy and H3 is sell.

Buy triggered at H4(5021).

0.5% Target = 5046.105(achieved)
1% Target = 5071.21(achieved).

Nifty Futures reversed from 5080.

So profit for today = 5071 - 5021 = 50 points.

Profit of 2500+ with one lot of Nifty.

 

[cbosein]

Hi Mr.Rajendrani,

I am new to this forum. Please inform me where to get rules & explanation for use for 5min pivot method.

Advance Thanks,

Regards,
Keerthi

 

[radha55]

Nifty Futures Profit for 1st october 2009.

Nifty Futures opened at 5064.70.

This is between L1 - L2.

So we wait for the price to come in range.

At 10:27, the price came in range L3-L4.

Buy triggered at L3(5056)

Our targets are L2, L1,....

All targets till H1(5074) are achieved.

After reaching 5078 it reversed and our trailing sotploss at H1 gets hit.

So profit = 5074 - 5056 = 18 points.

Now price in range H3- H4 at 1:01 pm.

Sell triggered a H3(5083).

Our targets are H2,H1,....

All targets till L4 are achieved.

So profit = 5083 - 5043 = 40 points

Again market reversed from 5040.

Again buy triggered at L3(5056).

Target till H1(5074) are achieved.

So profit = 5074 - 5056 = 18 points

So Total Profit = 18 + 40 + 18 = 76 points.

Profit of 3500+ with one lot of Nifty

 

[perfecttip]

Does anyone have a backtest result (for several stocks) using any analysis software for the camarilla method ?

Also, does anyone have the Metastock Expert Advisor coding for Camarilla Pivots ?

 

[radha55]

Nifty Futures Profit for 5th october 2009.

Nifty Futures opened at 5000.00.

This is outside the range H4 - L4.

So no trade triggered for today.

 

[sanket sakhalkar]

I am new comer in online trading of shares. i know intraday trading very well. but i dont know other trading type. tell me the procedure of delivery trading,& other type, in online trading.

 

[sanket sakhalkar]

I am new comer in online trading of shares. i know intraday trading very well. but i dont know other trading type. tell me the procedure of delivery trading,& other type, in online trading.

 

[kkr555]

It is true that NF opened at 5000. However,

Scenario 4 states that when

Open price is outside the H4 and L4
Wait for the prices to come in range and trade accordingly.

At many points during the day, the NF traded between L3 (5043) and L4 (5056) without ever breaking out of L4. So at the break of L3 (5043), one should have taken a SHORT position at 5042 or so. NF touched a low of 4999. Therefore, this yielded profit of upto 40+ NF points (i.e., almost 0.75+% profit)

Is there any error with my understanding of this trade ?

Nifty Futures Profit for 5th october 2009.

Nifty Futures opened at 5000.00.

This is outside the range H4 - L4.

So no trade triggered for today.