My afl collection

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Hi Shivangi77,

I'm newbie in stock market and would like to ask for help in having an AFL code that would work for EOD quotes. I am planning to buy/sell at the opening of the next day.

Thanks in advance.
 

shivangi77

Well-Known Member
ok so how to trade in large cap stocks like sbi, infy. what will be the tgt, and what will be stop loss
sr
Almost all stocks I trade(even outside nifty stocks) by *guessing probable top or bottom, then selling at top & buying at bottom.

*I used word guessing as nothing is sure in trading.But in this method target is always 1% and stoploss of 0.5%.
Still I'm in learning phase of how to predict accurate high or low by candlestick pattern study.
I also use combination of afl's in support of my decision.
like today, I predicted high of Drreddy @ 1585 then shorted as per signal of rocketjet afl with SL of 1585 although its more than 0.5% but afl gave signal very late.
 

Bewinner

Well-Known Member
Hi Shivangi
sorry SR
I trade only in NSE cash
Nifty stocks & junior nifty stocks are my favorite.
How do u scan the stock as there must be suppose 10 scrips which must be in ur watch list...Is there any scan u run or u jump from one scrip to another
 

shivangi77

Well-Known Member
Hi Shivangi


How do u scan the stock as there must be suppose 10 scrips which must be in ur watch list...Is there any scan u run or u jump from one scrip to another
I keep 200 scrips in watchlist(amibroker)
Usually I scan scrips which rose or drop suddenly, say in span of 30mins more than 3-5%.
Now next job is tougher one.
This is to identify those which will retrace otherwise scrips which continue there trend are of no use to me.
 

sr114

Well-Known Member
I keep 200 scrips in watchlist(amibroker)
Usually I scan scrips which rose or drop suddenly, say in span of 30mins more than 3-5%.
Now next job is tougher one.
This is to identify those which will retrace otherwise scrips which continue there trend are of no use to me.
Shivangi

use a trendline afl to see whether the stock u r scanning have made a HH or LL. then u can easily find whether the stock is going to retrace or not. it will make ur life easier.

(this 1 for u)


but scanning 200+ stocks and choosing from them is a very herculean task

try to scale down to NIfty 100 benchmark index - it also contains some good scrips

sr
 
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shivangi77

Well-Known Member
Shivangi

use a trendline afl to see whether the stock u r scanning have made a HH or LL. then u can easily find whether the stock is going to retrace or not. it will make ur life easier.

(this 1 for u)


but scanning 200+ stocks and choosing from them is a very herculean task

try to scale down to NIfty 100 benchmark index - it also contains some goos scrips

sr
Right
thats why I am saying that I'm in learning phase
Actually I want to make whole system automated.
scanning + Entry

Can you please share above AFL
 
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