Backtesting and trading camarilla pivots

[TraderNifty50]

I find it tedious every day to obtain the data for Nifty FUTURES from NSE.

Does anybody know where I can obtain HISTORICAL Futures data for both Nifty and Stock Futures ? With an historical data, I can easily enter my Futures data on a weekly/monthly basis, instead of gathering them each day from NSE.

I think your query is already answered. I take values from nse website for futures.

And Cash values can be taken from Yahoo Finance or rediff or economictimes or money control

 

[radha55]

Nifty Futures Profit for 9th october 2009.

Nifty Futures opened at 5020.00.

This is between H3(5024) and H2(5016).

So we wait for the price to come in range. Soon in few minutes Nifty Futures touched a high of 5027. and entered in range H3 - H4.

H3 is sell and H4 is buy.

Sell triggered at H3(5024).

Our targets are H2 H1,.....

all targets till L4 (4958) are achieved.

No we keep next target as 0.5% and trailing stoploss at H4(4958).

0.5% Target = 4933.21.

Our 0.5% Target is also achieved.

Now we keep target of 1% and trailing stoploss of 0.5%.

1% didt reached, our trailing stoploss hit.

So profit = 5024 - 4933 = 91 points.

Profit of 4500+ with one lot of Nifty.

 

[nshop1]

I am currently using Gordon pivot in my Amibroker. But this pivot system also looks interesting.

Thanks

 

[kkr555]

I saw a different picture on Friday. The system failed miserably on me on Friday!!! Played with just 1 lot of NF. Still LOSS is so high.

Here are my actual trades.

(a) The market reacted so fast in retracing 5024 at around 10 AM, so I couldnt trade. i.e., Even though it was a clear SHORT opportunity at 5023, one could barely react upon it. As it was before 10 AM, I did not feel appropriate to short at a much lower price. So an opportunity was missed.

(b) Then Nifty trades between L3(4980) and L4(4958) for some time. Above L3 we go LONG and below L4 we go SHORT. So appropriate trades are placed. At 10:13:04 NF moved from under L3 (4980) to 4981.05 where I went LONG. So finally, LONG at 4981.05.

(c) Then NF crosses the target L2(4987) and L1(4994) and trades all the way up to 5000. Upon retracement, NF got stopped out at L3(4994). So NF got SOLD at 4993.45. GAIN = 13 points.

Net profit/loss = +13 points.

(d) Then NF retraces back again to L3(4980) and L4(4958) and trades there for some more time. Above L3 we go LONG and below L4 we go SHORT. So appropriate trades are placed. Later NF moved from under L3 (4980) to 4981.05 where I went LONG. Again, LONG at 4981.05.

(e) After meandering between 4975 and 4985, NF suddenly went down and at 12:30:49 it hit the SL of L4 (4958). I get stopped out at 4957.25. LOSS = 24 points. In addition, since we are now below L4(4958), I initiate a NF SHORT at 4957.

Net profit/loss = +13 - 24 = -11 points

(f) NF Trades below L4(4958) for a while and then moves back up above L3(4980) triggering another SL at 12:52:29 for 4980.75. LOSS = 23 points. In addition, since we are now above L3(4980), I initiate a NF LONG at 4980.75.

Net profit/loss = -11 - 23 = -34 points

(g) NF trades between L3(4980) and L4 (4958). Finally, at 13:54:22, NF went below L4(4958) and triggered the 3rd consecutive SL for the day at 4957.55. LOSS = 23 points. In addition, since we are now below L4(4958), I initiate a NF SHORT at 4957

Net profit/loss = -34 - 23 = -57 points

(h) NF trades below L4 (4958). It touched a LOW of 4923.05. Finally, at 14:30:56, NF hits my trailing SL of 4934. GAIN = 23 points.

Net profit/loss = -57 + 23 = -34 points

Assuming 3 point brokerage for 1 Nifty Lot,
Net Loss = Rs 1700 + brokerage for 10 Nifty Lot (i.e., for 5 BUY and SELL trade) = TOTAL LOSS OF Rs 3200/Lot

Moral: The brokerage earned almost as much as what I lost today without taking any RISK at all.

BTW, I am simply testing out waters with Intraday. This was only my second real trade with the camaralla system. But I have already learned the disadvantage of this system.

[/B]

Nifty Futures Profit for 9th october 2009.

Nifty Futures opened at 5020.00.

This is between H3(5024) and H2(5016).

So we wait for the price to come in range. Soon in few minutes Nifty Futures touched a high of 5027. and entered in range H3 - H4.

H3 is sell and H4 is buy.

Sell triggered at H3(5024).

Our targets are H2 H1,.....

all targets till L4 (4958) are achieved.

No we keep next target as 0.5% and trailing stoploss at H4(4958).

0.5% Target = 4933.21.

Our 0.5% Target is also achieved.

Now we keep target of 1% and trailing stoploss of 0.5%.

1% didt reached, our trailing stoploss hit.

So profit = 5024 - 4933 = 91 points.

Profit of 4500+ with one lot of Nifty.

 

[surya_sun]

It happened to me also sometime back. But not all days are Sunday!!..

I saw a different picture on Friday. The system failed miserably on me on Friday!!! Played with just 1 lot of NF. Still LOSS is so high.

Here are my actual trades.

(a) The market reacted so fast in retracing 5024 at around 10 AM, so I couldnt trade. i.e., Even though it was a clear SHORT opportunity at 5023, one could barely react upon it. As it was before 10 AM, I did not feel appropriate to short at a much lower price. So an opportunity was missed.

(b) Then Nifty trades between L3(4980) and L4(4958) for some time. Above L3 we go LONG and below L4 we go SHORT. So appropriate trades are placed. At 10:13:04 NF moved from under L3 (4980) to 4981.05 where I went LONG. So finally, LONG at 4981.05.

(c) Then NF crosses the target L2(4987) and L1(4994) and trades all the way up to 5000. Upon retracement, NF got stopped out at L3(4994). So NF got SOLD at 4993.45. GAIN = 13 points.

Net profit/loss = +13 points.

(d) Then NF retraces back again to L3(4980) and L4(4958) and trades there for some more time. Above L3 we go LONG and below L4 we go SHORT. So appropriate trades are placed. Later NF moved from under L3 (4980) to 4981.05 where I went LONG. Again, LONG at 4981.05.

(e) After meandering between 4975 and 4985, NF suddenly went down and at 12:30:49 it hit the SL of L4 (4958). I get stopped out at 4957.25. LOSS = 24 points. In addition, since we are now below L4(4958), I initiate a NF SHORT at 4957.

Net profit/loss = +13 - 24 = -11 points

(f) NF Trades below L4(4958) for a while and then moves back up above L3(4980) triggering another SL at 12:52:29 for 4980.75. LOSS = 23 points. In addition, since we are now above L3(4980), I initiate a NF LONG at 4980.75.

Net profit/loss = -11 - 23 = -34 points

(g) NF trades between L3(4980) and L4 (4958). Finally, at 13:54:22, NF went below L4(4958) and triggered the 3rd consecutive SL for the day at 4957.55. LOSS = 23 points. In addition, since we are now below L4(4958), I initiate a NF SHORT at 4957

Net profit/loss = -34 - 23 = -57 points

(h) NF trades below L4 (4958). It touched a LOW of 4923.05. Finally, at 14:30:56, NF hits my trailing SL of 4934. GAIN = 23 points.

Net profit/loss = -57 + 23 = -34 points

Assuming 3 point brokerage for 1 Nifty Lot,
Net Loss = Rs 1700 + brokerage for 10 Nifty Lot (i.e., for 5 BUY and SELL trade) = TOTAL LOSS OF Rs 3200/Lot

Moral: The brokerage earned almost as much as what I lost today without taking any RISK at all.

BTW, I am simply testing out waters with Intraday. This was only my second real trade with the camaralla system. But I have already learned the disadvantage of this system.

[/B]

 

[balmal2511]

Lets say price is between H2 - H3 at open.

After half hour price comes in range H3 - H4.

At this point of time, you will place two orders, both are stoploss order.
Order 1. Stoploss sell order at H3
Order 2. Stoploss buy order at H4.

Lets say Order 1 is triggered.

So we short at H3.
keep second order as it is.

Now if market moves down, your targets H2 will be achieved at some point of time.

When price touches H2, change your initial stoploss buy order at H4 to now H3.

Now when price move little below H2, change your stoploss buy at H3 to H2.

When H1 is achieved and price goes little below H1, change stoploss at H2 to H1.

Hope you understand .......
If not i cannot explain in mroe detail.

Thanks RADHA,

Now I understood the procedure.
Thanks once again.

Regards,
BALMAL

 

[radha55]

Nifty futures profit for 12th october 2009.

Nifty Futures opened at 4942.00.

This is between L1 - H1.

http://camarillatrading.110mb.com
http://pivottrading.oxyhost.com/pivot/pivot/camarillaPivot.html

So we wait for the price to come in range.

At 1:40 pm the price came in range H3 - H4.

H3 is short, H4 is buy.

Buy triggered at H4(4992).

since this is upper limit, we keep target of 0.5%.

0.5% Target = 5016.96(achieved).
1% Target = 5041.92 (achieved)
1.5% Target = 5066.88(ahicved).

and then we keep target of 2% with trailing stoploss at 1.5%.

Nifty futures made a high of 5075 and reversed. So our trailing stoploss got hit.

So profit = 5066 - 4992 = 74 points.

Profit of 3500+ with one lot of Nifty.

http://pivottrading.oxyhost.com/pivot/pivot/camarillaPivot.html

 

[veeemkay]

Nifty futures profit for 12th october 2009.

Nifty Futures opened at 4942.00.

This is between L1 - H1.

http://camarillatrading.110mb.com
http://pivottrading.oxyhost.com/pivot/pivot/camarillaPivot.html

So we wait for the price to come in range.

At 1:40 pm the price came in range H3 - H4.

H3 is short, H4 is buy.

Buy triggered at H4(4992).

since this is upper limit, we keep target of 0.5%.

0.5% Target = 5016.96(achieved).
1% Target = 5041.92 (achieved)
1.5% Target = 5066.88(ahicved).

and then we keep target of 2% with trailing stoploss at 1.5%.

Nifty futures made a high of 5075 and reversed. So our trailing stoploss got hit.

So profit = 5066 - 4992 = 74 points.

Profit of 3500+ with one lot of Nifty.

http://pivottrading.oxyhost.com/pivot/pivot/camarillaPivot.html

Radha,

The contract crossed at 11:58 H4 level i.e. 4992 and then fell all the way to H3 which is 4963. Then it started to rise again. So a stop loss should have been hit. Am I missing anything here?

VK

 

[radha55]

Radha,

The contract crossed at 11:58 H4 level i.e. 4992 and then fell all the way to H3 which is 4963. Then it started to rise again. So a stop loss should have been hit. Am I missing anything here?

VK

No. You are right.

I think i missed that sharp down and then up.

 

[perfecttip]

keep going