Quadra Safe Trading Strategy - I

[Gaur_Krishna]

Anant Sir, thanks for these detailed explainations. I think, when you say enter, you have entered plainly above the given price and not considered hig of filter candle. Correct?

Regards,
Gaur_Krishna upkaremm

*****************

Hi Lokanath,

Here is the analysis of your trades:

1) RPOWER:

Trigger was on 5-12-2012 (not on 6-12-2012) with Buy above 101.10
Next day(6-12-2012) stock closed above 101.10 and you would enter on 7-12-2012 at the opening price 101.05
Stop loss hit on 11-12-2012, therefore, exit on 12-12-2012 at opening price 101.25
The trade was almost break even

2) CROMPGREAV:

Trigger was on 2-01-2013, with Buy above 123.50
Next day it closed below 123.50. So, no trade.
Thereafter it went down without allowing us to enter.

3) HAVELLS:

Trigger was on 12-12-2012 with Buy above 621.00
Next day it closed below 621. So, no trade.
Thereafter it went down further.
But on 20-12-12 it gave us entry trigger again.
Therefore We would enter on 21-12-2012 at opening price 623.85
SL triggered on 14-01-2013.
We exit next day (15-01-2013) at opening price 674.40
Profit: 674.40 - 623.85 = 50.55

4) GAIL:

Trigger was on 1-01-2013 with Buy above 360.45.
Next day it closed above this price. So, enter on 3-01-2013 at opening price 367.60
Stoploss hit on 22-01-2013. So, exit on 23-01-2013 at opening price 370.80
Profit: 370.8 - 367.60 = 3.20

5) SINTEX:

Trigger was on 18-12-2012 with Buy above 66.60
Next day it closed above this price. So, enter on 20-12-2012 at opening price 69.50
SL triggered on 24-12-2012. So, exit on 26-12-2012 at opening price 64.40
Loss: 69.50 - 64.40 = 5.10


The trade in SINTEX was a clear loss. It happens some times.


-Anant

 

[rangarajan]

A Quadra Trigger generated for PFOCUS on 24.01.13
Buy Above 49.50 with Stop Loss 44.10

Here instead of buying above 49.50 we have to wait for next candle to close above the trigger candle. On 28.01.13 next candle closed with High @ 51.50

So we have to enter this scrip above 51.50 with Stop Loss at 44.10, almost 14.5% down the entry price.

Am I correct Rangarajan Sir

lokanathpai,
Technically U R right & increase the TSL as the trade progress.

But the catch is,previous 3month High Pivot is 51.75 & we r very near it.
So,buy on close above it for Good gains or on retracement above it.
Some times,we have to tweak as we r trading propablity.
Best of luck.
After thought,why u want to trade such operated stocks?
Concentrate on Nifty & liquid in Junior nifty.

 

[rangarajan]

@RANGARAJAN: WELL SAID

Khush to bahoot hoge aap

NJOY:clap::clap::clap::clap:

sksisback,
In life NOT only we should learn to over come Greed & Fear,but also Anger.
Anger achieves Nothing but spoils everything.
Personally i am Sad if U R what i think U were & words fail me.
Men should become not only wiser,but also more matured by experience.

Best wishes wherever u r.
:console:

 

[Gaur_Krishna]

Yes, its avery good input. Best is to focus on FnO scrips (hopefully they are not operated like few others.....) Also other reason is that trading rules will hold true only when there is large volueme consistantly, which may not be the case with smaller stocks.... my 2 cents

Regards,
Gaur_Krishna

lokanathpai,
Technically U R right & increase the TSL as the trade progress.

But the catch is,previous 3month High Pivot is 51.75 & we r very near it.
So,buy on close above it for Good gains or on retracement above it.
Some times,we have to tweak as we r trading propablity.
Best of luck.
After thought,why u want to trade such operated stocks?
Concentrate on Nifty & liquid in Junior nifty.

 

[asnavale]

Anant Sir, thanks for these detailed explainations. I think, when you say enter, you have entered plainly above the given price and not considered hig of filter candle. Correct?

Regards,
Gaur_Krishna upkaremm

No, Krishna.

See the explanation for each scrip. When a Buy was triggered, next day it should close above the High of trigger candle. If it closes above the trigger high, you would enter next day on opening price. Here you need not wait for break of previous high price. So the entry is on second day after trigger.

BUY Triggers - Day 1.

Close on next day (Day 2) is above High of Day 1.

Enter on opening price on Day 3.

-Anant

 

[asnavale]

Yes, its avery good input. Best is to focus on FnO scrips (hopefully they are not operated like few others.....) Also other reason is that trading rules will hold true only when there is large volueme consistantly, which may not be the case with smaller stocks.... my 2 cents

Regards,
Gaur_Krishna

In fact, you can just concentrate on a few scrips, may be about 10. Study them well and you can make enough profit by trading only those. You will be able to guess the moves in the price once you get a hold of the stock's behaviour.

One of SG's friends had mastered RELIANCE and could predict the movement intra-day.

It requires patience, belief in the system and more belief in youself.

-Anant

 

[Rish]

In fact, you can just concentrate on a few scrips, may be about 10. Study them well and you can make enough profit by trading only those. You will be able to guess the moves in the price once you get a hold of the stock's behaviour.

One of SG's friends had mastered RELIANCE and could predict the movement intra-day.

It requires patience, belief in the system and more belief in youself.

-Anant

"In fact, you can just concentrate on a few scrips, may be about 10. Study them well and you can make enough profit by trading only those. You will be able to guess the moves in the price once you get a hold of the stock's behaviour." - By Anant

Most valued and important point morethan technicals ! ! ! ! ! ! !

:thumb::thumb::thumb::thumb::thumb:

 

[lokanathpai]

lokanathpai,
Technically U R right & increase the TSL as the trade progress.

But the catch is,previous 3month High Pivot is 51.75 & we r very near it.
So,buy on close above it for Good gains or on retracement above it.
Some times,we have to tweak as we r trading propablity.
Best of luck.
After thought,why u want to trade such operated stocks?
Concentrate on Nifty & liquid in Junior nifty.

Here again one more stock which satisfy the Quadra Setup condition
KOTAK BANK

 

[rangarajan]

Here again one more stock which satisfy the Quadra Setup condition
KOTAK BANK

lokanathpai,

Correct.
But look at the 3 month high pivot which is very near 377
So,buy above 379 & exit if in profit & wait for retracement for rentry w/o looking for signal since invariably,a stock goes above 3 month High once again.

This was posted by Traderji Long back.
If u r uncomfortable,stict to the rule & trade.Nothing wrong.

Have a look at Karthik's EOD,revised strategy with filter.
Similar to this strategy except ADX.
Gives early entry.

 

[asnavale]

lokanathpai,

Correct.
But look at the 3 month high pivot which is very near 377
So,buy above 379 & exit if in profit & wait for retracement for rentry w/o looking for signal since invariably,a stock goes above 3 month High once again.

This was posted by Traderji Long back.
If u r uncomfortable,stict to the rule & trade.Nothing wrong.

Have a look at Karthik's EOD,revised strategy with filter.
Similar to this strategy except ADX.
Gives early entry.

**************

The EMA(30) filter in Karthik's EOD strategy is almost redundant. It actually delays the entry sometimes if followed strictly.

As for KOTAKBANK, entry triggered on 22nd Jan and entry taken on 23rd or more safe on 24th. This is because on 22nd there was a green candle going from below all of the averages and above all of them. The next day price went above previous day high (although not close above, so a bit risky to enter). Therefore, even if the price can not break the 3-month high, the trade will end in some profit.

This rule is not built into the AFL. But for those who can take some risk, this rule can give a good trade.

Similarly, for red candle across the averages, you can exit without waiting for SL to be hit.

Another observation I have made is, if three consecutive red candles are formed, closing lower and lower, and the first red candle makes a highest high after entry then exit without waiting for SL.

These rules are not coded in the AFL.


-Anant