MCX-Silver Real Time Trading Log - 20 % ROI
- Thread starter marimuthu13
- Start date
Hi,
http://www.investopedia.com/walkthrough/forex/advanced/level9/pivot-points.aspx
Please go thorugh this link and try to apply for paper trading..
When to enter and when not to enter .......this you will come by practice pnly.. may take days - weeks -months and years tooo...
http://www.investopedia.com/walkthrough/forex/advanced/level9/pivot-points.aspx
Please go thorugh this link and try to apply for paper trading..
When to enter and when not to enter .......this you will come by practice pnly.. may take days - weeks -months and years tooo...
Cos during this bearish trend, does this pivot point concept hold good.
kindly explain.
marimuthu please let me know how can i get in touch with you for better understanding and mutual benefit. my name is prassana pai and i am from vizag/vishakapatnam so if can add me on fb or can get in touch on indiantrader92 at yahoo . I have seen both marimuthu and sanjay thread for silver and very much interested in learning more.
Sir, Do you calculate pivot points based on previous days high low close or do you try and re asses it on hourly basis...
Cos during this bearish trend, does this pivot point concept hold good.
kindly explain.
Cos during this bearish trend, does this pivot point concept hold good.
kindly explain.
I take piovt points based on previous day OHLC..
Piovt trading work in all down trend/up trend and rangebound market..
I have set of rules for pivot trading in which u will get only about 12-15 trades per month with sucess rate of 70% ...( so 2000 points per month is target in silver)
But this month i did some mistakes and voilated the rule, paid off for those mistakes..
marimuthu please let me know how can i get in touch with you for better understanding and mutual benefit. my name is prassana pai and i am from vizag/vishakapatnam so if can add me on fb or can get in touch on indiantrader92 at yahoo . I have seen both marimuthu and sanjay thread for silver and very much interested in learning more.
Observe entry in real time basis for next 2-3 months ,then you can understand better..and u need to have patinece also..( no fear when in loss and no greed when in profit)
my user name is my yahoo as well as gmail id..u can get in touch with for any help..
Trading system - Test it before use it
Hi,
Anyone who wanted to trade on their own..u can try this system, you can earn very good money if u trade as per system..
Apply ADX (50) PSAR ( standard setings),in your chart...
Going Long:
whenever PSAR gives buy signal, look at ADX chart, if D+ above D-, then entre buy trade.. SL as per PSAR..target 100 points..
Going Short:
whenever PSAR gives sell signal, look at ADX chart, if D- above D+, then entre Sell trade.. SL as per PSAR..target 100 points..
Test it in demo trade..it should work 80-90% of time..
Hi,
Anyone who wanted to trade on their own..u can try this system, you can earn very good money if u trade as per system..
Apply ADX (50) PSAR ( standard setings),in your chart...
Going Long:
whenever PSAR gives buy signal, look at ADX chart, if D+ above D-, then entre buy trade.. SL as per PSAR..target 100 points..
Going Short:
whenever PSAR gives sell signal, look at ADX chart, if D- above D+, then entre Sell trade.. SL as per PSAR..target 100 points..
Test it in demo trade..it should work 80-90% of time..
Last edited:
Re: Trading system - Test it before use it
I have an Afl for this strategy
///////////////////ADX EXPLORATION//////////////////////
_SECTION_BEGIN("ADX");
range = Param("ADX Periods", 7, 2, 200, 1 );
Col_adx = IIf(ADX(range) > Ref(ADX(range),-1) AND ADX(range) > 30,colorBlue, colorGrey40);
Col_pdi = IIf(PDI(range) > MDI(range) AND PDI(range) > 30,colorBrightGreen,colorDarkGreen);
Col_Mdi = IIf(MDI(range) > PDI(range) AND MDI(range) > 30,colorRed,colorDarkRed);
Plot( ADX(range), _DEFAULT_NAME(), Col_adx , ParamStyle("ADX style", styleThick ) );
Plot( PDI(range), "+DI", Col_pdi, ParamStyle("+DI style") );
Plot( MDI(range), "-DI", Col_mdi, ParamStyle("-DI style") );
//Plot (20,"",colorGrey40);
Plot (30,"",colorWhite);
//trend = IIf(Col_adx ==colorBlue AND Col_pdi==colorBrightGreen,colorBrightGreen,IIf(Col_adx ==colorBlue AND Col_mdi==colorRed,colorRed,IIf(Col_pdi == colorBrightGreen AND Col_mdi == colorRed,colorYellow, IIf(Col_pdi==colorBrightGreen,colorDarkGreen,IIf(Col_mdi==colorRed,colorDarkRed,colorBlack)))));
trend = IIf(MDI(range) > PDI(range) AND MDI(range) > 30,colorRed,IIf(PDI(range) > MDI(range) AND PDI(range) > 30,colorBrightGreen,colorGrey40));
Plot(2, "", trend, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
Plot(6, "", Col_adx, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
_SECTION_END();
_SECTION_BEGIN("ADX + EMA + MACD");
// This combines three indicators into one timing Signal
//function ParamOptimize( description, default, minv, maxv, step )
// { return Optimize(description, Param(description,default, minv, maxv, step ), minv, maxv, step ); }
tgl = ParamToggle("Result", "AND logic|Compare");
// ema
emaPrice = ParamField("Ema Price field", 3);
PeriodShort = Param("Ema Short Periods", 5, 2, 20, 1);
PeriodLong = Param("Ema Long Periods", 15, 2, 100, 1);
pS = EMA(emaPrice , PeriodShort);
pL = EMA(emaPrice , PeriodLong);
upEma = IIf(pS > pL, 1, 0); // fast ema is above slow, long condition
// adx di lines
range = Param("ADX Periods", 10, 2, 200, 1 );
myPdi = PDI(range );
myMdi = MDI(range );
upAdx = IIf( myPdi > myMdi, 1, 0);
// macd
r1 = Param( "Macd Fast avg", 12, 2, 200, 1 );
r2 = Param( "Macd Slow avg", 26, 2, 200, 1 );
r3 = Param( "Macd Signal avg", 9, 2, 200, 1 );
myMacd = MACD(r1,r2);
mySignal = Signal(r1,r2,r3);
upMacd = IIf(myMacd > mySignal, 1, 0);
// switch test calculation and compare the results
if(tgl)
{
myBuy = upEma AND upAdx AND upMacd;
myShort = !upEma AND !upAdx AND !upMacd;
}
else
{
myBuy = IIf(pS > pL AND myMacd > mySignal AND myPdi > myMdi,1,0);
myShort = IIf(pS < pL AND myMacd < mySignal AND myPdi < myMdi,1,0);
}
Buy = Cover = ExRem(myBuy, myShort);
Short = Sell = ExRem(myShort, myBuy);
Plot( Buy * C, "ADX(" + NumToStr(range,1.0) + ") EMA(" + NumToStr(PeriodShort,1.0) + "," + NumToStr(PeriodLong,1.0) +
") MACD(" + NumToStr(r1,1.0) + "," + NumToStr(r2,1.0) + "," + NumToStr(r3,1.0) + ") - myBuy ", colorGreen); // a positive spike that indicates a buy or cover trade.
Plot( -Short * C , "myShort ", colorRed);
// exploration
Filter = Buy OR Short;
AddColumn(Close, "Close", 1.2);
AddColumn(Buy, "Buy", 1.0);
AddColumn(Short, "Short",1.0);
_SECTION_END();
////////////////// PARABOLIC SAR///////////////
_SECTION_BEGIN("PARABOLIC SAR");
/////////////////////////////////
// Parabolic SAR re-implemented in
// native AFL.
//
// Example of for/if/else control statements
//
// Requires:
// AmiBroker 4.31.1
//
// Written by: Tomasz Janeczko
IAF = 0.02; // acceleration factor
MaxAF = 0.2; // max acceleration
psar = Close; // initialize
long = 1; // assume long for initial conditions
af = IAF; // init acelleration factor
ep = Low[ 0 ]; // init extreme point
hp = High [ 0 ];
lp = Low [ 0 ];
for( i = 2; i < BarCount; i++ )
{
if ( long )
{
psar [ i ] = psar [ i-1 ] + af * ( hp - psar [ i-1 ] );
}
else
{
psar [ i ] = psar [ i-1 ] + af * ( lp - psar [ i-1 ] );
}
reverse = 0;
//check for reversal
if ( long )
{
if ( Low [ i ] < psar [ i ] )
{
long = 0; reverse = 1; // reverse position to Short
psar [ i ] = hp; // SAR is High point in prev trade
lp = Low [ i ];
af = IAF;
}
}
else
{
if ( High [ i ] > psar [ i ] )
{
long = 1; reverse = 1; //reverse position to long
psar [ i ] = lp;
hp = High [ i ];
af = IAF;
}
}
if ( reverse == 0 )
{
if ( long )
{
if ( High [ i ] > hp )
{
hp = High [ i ];
af = af + IAF;
if( af > MaxAF ) af = MaxAF;
}
if( Low[ i - 1 ] < psar[ i ] ) psar[ i ] = Low[ i - 1 ];
if( Low[ i - 2 ] < psar[ i ] ) psar[ i ] = Low[ i - 2 ];
}
else
{
if ( Low [ i ] < lp )
{
lp = Low [ i ];
af = af + IAF;
if( af > MaxAF ) af = MaxAF;
}
if( High[ i - 1 ] > psar[ i ] ) psar[ i ] = High[ i - 1 ];
if( High[ i - 2 ] > psar[ i ] ) psar[ i ] = High[ i - 2 ];
}
}
}
Plot( Close, "Price", colorBlack, styleCandle );
Plot( psar, "SAR", colorRed, styleDots | styleNoLine | styleThick );
range = 15;//Param("Periods", 14, 2, 200, 1 );
ADXi=ADX(range);
PDIi=PDI(range);
MDIi=MDI(range);
//Plot( ADXi=ADX(range), _DEFAULT_NAME(), ParamColor( "ADX color", colorBlue ), ParamStyle("ADX style", styleThick ) );
//Plot( PDIi=PDI(range), "", ParamColor( "+DI color", colorGreen ), ParamStyle("+DI style") );
//Plot( MDIi=MDI(range), "", ParamColor( "-DI color", colorRed ), ParamStyle("-DI style") );
uptrend=PDIi>MDIi;//+di greater than -di
downtrend=MDIi>PDIi;//-di greater than +di
Ribboncol=IIf(upTrend,colorGreen, IIf(downtrend,colorRed, colorBlack));
Plot(6, "", Ribboncol, styleOwnScale|styleArea|styleNoLabel, -7.5,100);
Buy=Cross(L,psar) AND uptrend;
Sell=Cross(psar,H) AND downtrend;
PlotShapes(Sell*shapeDownArrow,colorRed);
PlotShapes(Buy*shapeUpArrow,colorGreen);
_SECTION_END();
pls check whether it is OK or not?
Hi,
Anyone who wanted to trade on their own..u can try this system, you can earn very good money if u trade as per system..
Apply ADX (50) PSAR ( standard setings),in your chart...
Going Long:
whenever PSAR gives buy signal, look at ADX chart, if D+ above D-, then entre buy trade.. SL as per PSAR..target 100 points..
Going Short:
whenever PSAR gives sell signal, look at ADX chart, if D- above D+, then entre Sell trade.. SL as per PSAR..target 100 points..
Test it in demo trade..it should work 80-90% of time..
Anyone who wanted to trade on their own..u can try this system, you can earn very good money if u trade as per system..
Apply ADX (50) PSAR ( standard setings),in your chart...
Going Long:
whenever PSAR gives buy signal, look at ADX chart, if D+ above D-, then entre buy trade.. SL as per PSAR..target 100 points..
Going Short:
whenever PSAR gives sell signal, look at ADX chart, if D- above D+, then entre Sell trade.. SL as per PSAR..target 100 points..
Test it in demo trade..it should work 80-90% of time..
///////////////////ADX EXPLORATION//////////////////////
_SECTION_BEGIN("ADX");
range = Param("ADX Periods", 7, 2, 200, 1 );
Col_adx = IIf(ADX(range) > Ref(ADX(range),-1) AND ADX(range) > 30,colorBlue, colorGrey40);
Col_pdi = IIf(PDI(range) > MDI(range) AND PDI(range) > 30,colorBrightGreen,colorDarkGreen);
Col_Mdi = IIf(MDI(range) > PDI(range) AND MDI(range) > 30,colorRed,colorDarkRed);
Plot( ADX(range), _DEFAULT_NAME(), Col_adx , ParamStyle("ADX style", styleThick ) );
Plot( PDI(range), "+DI", Col_pdi, ParamStyle("+DI style") );
Plot( MDI(range), "-DI", Col_mdi, ParamStyle("-DI style") );
//Plot (20,"",colorGrey40);
Plot (30,"",colorWhite);
//trend = IIf(Col_adx ==colorBlue AND Col_pdi==colorBrightGreen,colorBrightGreen,IIf(Col_adx ==colorBlue AND Col_mdi==colorRed,colorRed,IIf(Col_pdi == colorBrightGreen AND Col_mdi == colorRed,colorYellow, IIf(Col_pdi==colorBrightGreen,colorDarkGreen,IIf(Col_mdi==colorRed,colorDarkRed,colorBlack)))));
trend = IIf(MDI(range) > PDI(range) AND MDI(range) > 30,colorRed,IIf(PDI(range) > MDI(range) AND PDI(range) > 30,colorBrightGreen,colorGrey40));
Plot(2, "", trend, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
Plot(6, "", Col_adx, styleOwnScale| styleArea|styleNoLabel,-0.5,100);
_SECTION_END();
_SECTION_BEGIN("ADX + EMA + MACD");
// This combines three indicators into one timing Signal
//function ParamOptimize( description, default, minv, maxv, step )
// { return Optimize(description, Param(description,default, minv, maxv, step ), minv, maxv, step ); }
tgl = ParamToggle("Result", "AND logic|Compare");
// ema
emaPrice = ParamField("Ema Price field", 3);
PeriodShort = Param("Ema Short Periods", 5, 2, 20, 1);
PeriodLong = Param("Ema Long Periods", 15, 2, 100, 1);
pS = EMA(emaPrice , PeriodShort);
pL = EMA(emaPrice , PeriodLong);
upEma = IIf(pS > pL, 1, 0); // fast ema is above slow, long condition
// adx di lines
range = Param("ADX Periods", 10, 2, 200, 1 );
myPdi = PDI(range );
myMdi = MDI(range );
upAdx = IIf( myPdi > myMdi, 1, 0);
// macd
r1 = Param( "Macd Fast avg", 12, 2, 200, 1 );
r2 = Param( "Macd Slow avg", 26, 2, 200, 1 );
r3 = Param( "Macd Signal avg", 9, 2, 200, 1 );
myMacd = MACD(r1,r2);
mySignal = Signal(r1,r2,r3);
upMacd = IIf(myMacd > mySignal, 1, 0);
// switch test calculation and compare the results
if(tgl)
{
myBuy = upEma AND upAdx AND upMacd;
myShort = !upEma AND !upAdx AND !upMacd;
}
else
{
myBuy = IIf(pS > pL AND myMacd > mySignal AND myPdi > myMdi,1,0);
myShort = IIf(pS < pL AND myMacd < mySignal AND myPdi < myMdi,1,0);
}
Buy = Cover = ExRem(myBuy, myShort);
Short = Sell = ExRem(myShort, myBuy);
Plot( Buy * C, "ADX(" + NumToStr(range,1.0) + ") EMA(" + NumToStr(PeriodShort,1.0) + "," + NumToStr(PeriodLong,1.0) +
") MACD(" + NumToStr(r1,1.0) + "," + NumToStr(r2,1.0) + "," + NumToStr(r3,1.0) + ") - myBuy ", colorGreen); // a positive spike that indicates a buy or cover trade.
Plot( -Short * C , "myShort ", colorRed);
// exploration
Filter = Buy OR Short;
AddColumn(Close, "Close", 1.2);
AddColumn(Buy, "Buy", 1.0);
AddColumn(Short, "Short",1.0);
_SECTION_END();
////////////////// PARABOLIC SAR///////////////
_SECTION_BEGIN("PARABOLIC SAR");
/////////////////////////////////
// Parabolic SAR re-implemented in
// native AFL.
//
// Example of for/if/else control statements
//
// Requires:
// AmiBroker 4.31.1
//
// Written by: Tomasz Janeczko
IAF = 0.02; // acceleration factor
MaxAF = 0.2; // max acceleration
psar = Close; // initialize
long = 1; // assume long for initial conditions
af = IAF; // init acelleration factor
ep = Low[ 0 ]; // init extreme point
hp = High [ 0 ];
lp = Low [ 0 ];
for( i = 2; i < BarCount; i++ )
{
if ( long )
{
psar [ i ] = psar [ i-1 ] + af * ( hp - psar [ i-1 ] );
}
else
{
psar [ i ] = psar [ i-1 ] + af * ( lp - psar [ i-1 ] );
}
reverse = 0;
//check for reversal
if ( long )
{
if ( Low [ i ] < psar [ i ] )
{
long = 0; reverse = 1; // reverse position to Short
psar [ i ] = hp; // SAR is High point in prev trade
lp = Low [ i ];
af = IAF;
}
}
else
{
if ( High [ i ] > psar [ i ] )
{
long = 1; reverse = 1; //reverse position to long
psar [ i ] = lp;
hp = High [ i ];
af = IAF;
}
}
if ( reverse == 0 )
{
if ( long )
{
if ( High [ i ] > hp )
{
hp = High [ i ];
af = af + IAF;
if( af > MaxAF ) af = MaxAF;
}
if( Low[ i - 1 ] < psar[ i ] ) psar[ i ] = Low[ i - 1 ];
if( Low[ i - 2 ] < psar[ i ] ) psar[ i ] = Low[ i - 2 ];
}
else
{
if ( Low [ i ] < lp )
{
lp = Low [ i ];
af = af + IAF;
if( af > MaxAF ) af = MaxAF;
}
if( High[ i - 1 ] > psar[ i ] ) psar[ i ] = High[ i - 1 ];
if( High[ i - 2 ] > psar[ i ] ) psar[ i ] = High[ i - 2 ];
}
}
}
Plot( Close, "Price", colorBlack, styleCandle );
Plot( psar, "SAR", colorRed, styleDots | styleNoLine | styleThick );
range = 15;//Param("Periods", 14, 2, 200, 1 );
ADXi=ADX(range);
PDIi=PDI(range);
MDIi=MDI(range);
//Plot( ADXi=ADX(range), _DEFAULT_NAME(), ParamColor( "ADX color", colorBlue ), ParamStyle("ADX style", styleThick ) );
//Plot( PDIi=PDI(range), "", ParamColor( "+DI color", colorGreen ), ParamStyle("+DI style") );
//Plot( MDIi=MDI(range), "", ParamColor( "-DI color", colorRed ), ParamStyle("-DI style") );
uptrend=PDIi>MDIi;//+di greater than -di
downtrend=MDIi>PDIi;//-di greater than +di
Ribboncol=IIf(upTrend,colorGreen, IIf(downtrend,colorRed, colorBlack));
Plot(6, "", Ribboncol, styleOwnScale|styleArea|styleNoLabel, -7.5,100);
Buy=Cross(L,psar) AND uptrend;
Sell=Cross(psar,H) AND downtrend;
PlotShapes(Sell*shapeDownArrow,colorRed);
PlotShapes(Buy*shapeUpArrow,colorGreen);
_SECTION_END();
pls check whether it is OK or not?
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