Quadra Safe Trading Strategy - I

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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 20th Jan and entry taken on 21st or more safe on 22nd. This is because on 20th 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
Dear Anant Sir,

I got confused. In my chart Quadra gave a trigger on 28.01.2013 only. On 22.01.2013 the Green candle crossed all average line. On 20.01.2013 though the candle was green it did not touch any average line. But that was a bullish formation. In present situation I assume we can enter Kotak with a tight stoploss say low of the candle on 29.01.13, that day volume line was extraordinarily high and it was a result day.

Your comments please
 

asnavale

Well-Known Member
Dear Anant Sir,

I got confused. In my chart Quadra gave a trigger on 28.01.2013 only. On 22.01.2013 the Green candle crossed all average line. On 20.01.2013 though the candle was green it did not touch any average line. But that was a bullish formation. In present situation I assume we can enter Kotak with a tight stoploss say low of the candle on 29.01.13, that day volume line was extraordinarily high and it was a result day.

Your comments please
Hi Pai,

See the image below for clarification.



-Anant
 

asnavale

Well-Known Member
Dear Anant Sir

This chart is similar to my chart. Dates are also same. My confusion still there.
There was a mistake in dates in my earlier post. I have corrected it.

As for your query on entry, you can do it as per your SL condition. The gain would be low if the 3 month high is not broken.

-Anant
 

rangarajan

Well-Known Member
**************

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
Anant,
Look at Kotak. Has it Not given early signal?

See the the Bolded portion of yr post.
I have not followed it.
Can u pl explain with some hypo values.
 

asnavale

Well-Known Member
Anant,
Look at Kotak. Has it Not given early signal?

See the the Bolded portion of yr post.
I have not followed it.
Can u pl explain with some hypo values.
I will explai it this week end. I am out of Hyderabad till Friday.

-Anant
 
So basically buying when next candle close is above the high of Trigger candle for all practical purposes.....
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
 
Perfect.... I am realizing this... Success is when you narrow to one system and few stocks.....:)

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
 

ajeetsingh

Well-Known Member
Hi. today I have completed reading this whole thread and came up with new style of trading using this strategy.
If seniors allow, then I can post some charts in coming days after market hours.
(I am already an active trader in some other forum)
 
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