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Nifty and Bank Nifty 90 min charts are in buy mode since last thursday and currently the supports are near 5040 and 9940 respectively. Reverse your positions to shorts only if the support breaks on the 90 min timeframe.
Rajandran R Follow
Telecom 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 and Bank Nifty 90 min chart update for 14th June 2012 Trading
8 sec read
helllo sir actually i cant understand the backtest report as today (13-06-2012) there is only 4 trades (one long carry forward as btst and intrady 2 shorts and 1 long ) totally 4 trades!!! but in the back test report it shows 7 trades !!! please clarify it sir!!!!
@Ganesh
Thanks for Spotting it. Rectified now. Crosscheck the results now. Open the report if it still shows the old values just refresh the page using CTRL+R.
rajandran
will u pls upload a video showing as ‘settings need to be done’ while carrying out backtest for Super trend . Actually u provide us periodic report, but we can explore performance on diff time frames , bank nifty etc.
so pls….i think many are unaware of backtesting and so they have to do manual backtesting.
A separate thread will serve the purpose.
What u feel ?
Sorry rajandran, my earlier post should have been in Backtest results thread. Mis-posted here in hurry
hi sir,
before ur chart was in candle so we decide after close of 5min candle to take trade decision but now showing line chart so its difficult to take decision. do u consider change line chart to candle chart. i dont know u have done this for some purpose. pls clarify. thanks