Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
Nifty 500Tick Charts for Positional Trading for March Contract
20 sec read
[wp_ad_camp_5]
Introducing a new style of trading with Tick Data based Charts for positional trading. I generally prefer 500tick Charts for executing positional strategies. Here we are using the Supertrend Strategy for positional trading. Currently 500tick charts with supertrend indicator is in buy mode with a trailing stoploss at 5654 which provides low risk trading opportunity
Nifty future March Contract CMP : 5668
Trailing Stop loss as per Supertrend : 5654
Strategy to Execute : Go long in Nifty and Reverse your position to Shorts if the Trailing stoploss hits on the 500tick charts.
After Market Update March 25th 2013
Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
In options trading, a delta-neutral strategy involves constructing a portfolio of long and short options and/or the underlying asset in such a way that...
Stop hunting is a trading strategy that involves manipulating the price of an asset in order to trigger stop-loss orders placed by other traders....
6 Replies to “Nifty 500Tick Charts for Positional Trading for March Contract”
Sir, Your All Analysis Very Nice &Fine Why Side Co. To free Live Data Join
Wonderful Mr Rajendran. I don’t have words to appreciate your remarkable
service to traders. Pl keep it up and may God bless you with all the bliss.
Mr Rajendran, Good analysis.
Have you observed any major changes between Tick and volume charts in your Trading? is it better to prefer Volume over tick charts ?
I am using TEMA Indicator ? I am looking for any other leading indicator to identify the trend ?
which one is better to use in combination with TEMA?
Thanks,
Reddy.
Iwant to trade in nifty with your Tick Data based Charts for positional trading
what to do?
you need to have a Tick Datafeed + Software like Amibroker, Metastock, Metatrader which supports tick feeds.
is the supertrend strategy available for ninjatrader or esignal platforms
Sir, Your All Analysis Very Nice &Fine Why Side Co. To free Live Data Join
Wonderful Mr Rajendran. I don’t have words to appreciate your remarkable
service to traders. Pl keep it up and may God bless you with all the bliss.
Mr Rajendran, Good analysis.
Have you observed any major changes between Tick and volume charts in your Trading? is it better to prefer Volume over tick charts ?
I am using TEMA Indicator ? I am looking for any other leading indicator to identify the trend ?
which one is better to use in combination with TEMA?
Thanks,
Reddy.
Iwant to trade in nifty with your Tick Data based Charts for positional trading
what to do?
you need to have a Tick Datafeed + Software like Amibroker, Metastock, Metatrader which supports tick feeds.
is the supertrend strategy available for ninjatrader or esignal platforms