I want to initiate a discussion on Camarilla Pivots. Basic objective is to trade Nifty intraday.
I have been using this method to trade nifty for the last one month and so far results have been satisfactory.
Trading capital : 2 Lakh
Lots traded : 4 (max capacity 8)
How this levels works : Refer to Rajendrani's thread. He has a excel file (in post #1) that can be downloaded from his thread to get the levels for the next day. Many thanks to him for doing such an extensive backtest.:clapping:
http://www.traderji.com/day-trading/27311-backtesting-trading-camarilla-pivots.html
Note : It is highly recommended that anyone who tries to trade this method do so only after they understand the risk involved.
I have been using this method to trade nifty for the last one month and so far results have been satisfactory.
Trading capital : 2 Lakh
Lots traded : 4 (max capacity 8)
How this levels works : Refer to Rajendrani's thread. He has a excel file (in post #1) that can be downloaded from his thread to get the levels for the next day. Many thanks to him for doing such an extensive backtest.:clapping:
http://www.traderji.com/day-trading/27311-backtesting-trading-camarilla-pivots.html
Note : It is highly recommended that anyone who tries to trade this method do so only after they understand the risk involved.