Nifty Positional Trading - Super Trend Indicator

[umeshmandal]

Cubt, Please share the reason behind SELL @6105? ST was crossed yesterday, why this SELL? No hurry, post when convenient.

 

[Cubt]

Updated Stop Loss - 6134

 

[Cubt]

Cubt, Please share the reason behind SELL @6105? ST was crossed yesterday, why this SELL? No hurry, post when convenient.

Simple reason, i was out of station. Couldn't monitor the system, so entered the trade today at market price. Entry was 6105, Stop Loss is now at 6135. Just 30 points of stop loss seems be good. So entered the trade. That's all.

Others can wait for the Long entry to get triggered.

 

[Cubt]

updated Stop Loss - 6122

 

[Cubt]

Long Triggered @ 6134

Initial Stop Loss 6026

Loss in previous trade - 30 points

 

[DSM]

Cubt, What's your Supertrend setting? I am tracking Nifty and BankNifty basis 30M with setting at 10,2

First trades triggered today in Nifty and BankNifty @ 6,140 & 10,950 It would be a good idea to track the result of the trades basis excel sheet. Am maintaining as well. If we compare the results, it will give us a good idea which setting provide better results.

Long Triggered @ 6134

Loss in previous trade - 30 points

 

[Cubt]

Yes DSM, even am maintaining an excel for each trade entry. We shall compare the results at the end of every month.

My settings are 10 mins TF, parameters 4 and 6

 

[mangup]

Yes DSM, even am maintaining an excel for each trade entry. We shall compare the results at the end of every month.

My settings are 10 mins TF, parameters 4 and 6

Hi Cubt,

I suppose ATR-6 & MULTIPLIER-4, right? I use Sharekhan.

Also can u tell me how these dotted lines gets plotted ( i suppose they are profit booking levels)

 

[Cubt]

Yes mangup, u r right.

 

[mangup]

Yes mangup, u r right.

how these dotted lines are plotted?