I would like each and everyone to go thro the nature of SuperTrend Optimized trading system
– To be honest the trading system accuracy is currently at 42% means out of 100 trades only 42 trades are profitable.
Then how does your wealth is created?
It created with discipline and proper money management to catch those 42% of Winning Trades and Exiting properly at Stop Loss Hits.
What is the maximum continious losses the trading system can yield?
Since 2010 after backtesting with 5min data it is inferred that till to date 9 consecuitve losses had occured. Refer with Bactest results.
What is the Best Paramters to fine tune the system to eliminate more whipsaws?
Optimized Parameters are Multiplier =2 and ATR=11. However the default values of trading system are Multiplier =3 and ATR=10.
For Which Instrument the Trading System is Optimized?
The Trading system is optimized for 5min Nifty Futures charts
Can i trade with Any other stocks/indices?
Stricly No. As the Trading system is optimized for 5min Nifty future charts only.
How to Enter and Exit?
Entry should be based on the completion of the close of 5min Bar Candle. Trade should be executed with 5secs once the 5min candle complete. Trade should not be executed before the completion of 5min bars.
How many Nifty Future Lots is required to Trade the Trading system?
2 Lots (100 shares) of Nifty at any trades. Size of the trade should not vary throughout the trading system and it is fixed
Can i see this charts live?
Yes you can observe the charts live amibroker charts for 5min nifty futures and bank nifty from tommorow onwards
Can i trade using the live Buy or Sell indicator?
Charts shown in marketcalls is to study the nature of the trading system to improve your knowledge on trading system. If you are trading based on these buy and sell signals then do it at your own risk. marketcalls wont be responsible for the losses incurred.
Download the Amibroker AFL code
Download Super Trend Optimized AFL code for 5min Charts
For Amibroker 5.2 and older version users
Super Trend Optimized Older Version AFL Code