Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
Ideal Nifty trade for 29 Dec 2009
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Long Nifty in Dips with a stop loss of 5062(200 Hourly Moving Average). Reverse the position only if nifty closes below 5062 on EOD(End of the day) basis Charts used : Hourly NMA Charts with k factor = 2 and ATR = 20
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Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
Nifty week end review on daily and 90 min timeframe and Nifty Option Details
7 Replies to “Ideal Nifty trade for 29 Dec 2009”
Hello sir, Are you taking positions in nifty with this NMA swing signal in hourly timeframe.If so what is the reliability of the signal.Or what precautions to be taken.Or is any other signals to be observerd.Pl clarify my doughts.
Its not necessary that we should follow NMA strategy alone for your daily trading. The thingis what are the guidelines we decide to set before trading based on the the strategies we follow
dear raj,do u track icsa.what are the prospects with a view of 3 months.regds,rashmi
Raj,one request how to add sma or dma's in amibroker.Thank you in advance.Wish you and all the readers a HAPPY NEW YEAR.prabha
@Rashmi – ICSA looks only a breakout above 180 could make this stock in a buy mode.
Hello, What are best parameters like k factor and ATR for NMA signal on a 15, 30 and 40 min time frame.
I had tested with time frame daily and hourlyentry points with k=2 and ATR=20 for the signals are good. But still struggling with proper exitsNot yet tested with other timeframe.
Hello sir, Are you taking positions in nifty with this NMA swing signal in hourly timeframe.If so what is the reliability of the signal.Or what precautions to be taken.Or is any other signals to be observerd.Pl clarify my doughts.
Its not necessary that we should follow NMA strategy alone for your daily trading. The thingis what are the guidelines we decide to set before trading based on the the strategies we follow
dear raj,do u track icsa.what are the prospects with a view of 3 months.regds,rashmi
Raj,one request how to add sma or dma's in amibroker.Thank you in advance.Wish you and all the readers a HAPPY NEW YEAR.prabha
@Rashmi – ICSA looks only a breakout above 180 could make this stock in a buy mode.
Hello, What are best parameters like k factor and ATR for NMA signal on a 15, 30 and 40 min time frame.
I had tested with time frame daily and hourlyentry points with k=2 and ATR=20 for the signals are good. But still struggling with proper exitsNot yet tested with other timeframe.