sr114, As I dont use Amibroker hence my query/comments may be too elementary. Saw the exploration results. What exactly do they represent ? I have understood this is a List of Stocks that have made 20 Days Low Today( on the day of Exploration) !
Can you use a filter in your exploration for the traded quantity (Volume)? Just checked on a random stock from this exploration result that I felt might have been traded too thinly : Pilani Investment : Just 609 shares have been traded !!!
If I remember correctly then as per the rules discussed in earlier thread, this exploration result can be used in TS +1 only. (I Do Not have much clarity on TS+1 trading ) In TS we trade it on the day the previous 20 period low, min 4 sessions earlier is breached.
Saw HDFC bank chart, money could have been made in it on 30th Jan it seems.
Trying to Post a explanatory chart :
Can you use a filter in your exploration for the traded quantity (Volume)? Just checked on a random stock from this exploration result that I felt might have been traded too thinly : Pilani Investment : Just 609 shares have been traded !!!
If I remember correctly then as per the rules discussed in earlier thread, this exploration result can be used in TS +1 only. (I Do Not have much clarity on TS+1 trading ) In TS we trade it on the day the previous 20 period low, min 4 sessions earlier is breached.
Saw HDFC bank chart, money could have been made in it on 30th Jan it seems.
Trying to Post a explanatory chart :
in the exploration i generally use a filter where the close price is greater than Rs. 50 and min volume is greater than 50000. ( here the full code is given and i have disabled the filter to show the complete list) ( the ltp filter u can set - the price u r comfortable)
look carefully - the result contains the LTP and Vol part ( further the vol is compared with its 21 day ema - for getting the liquidity part)
for TS - other than the 20 day hi or lo , the other part is min 4 days ago the criteria must have occurred . and we enter on the next day of the signal generation.
rgds
subroto