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anuj
ReplyDeletedo u trade in forex? if yes...kindly share how to go abt ...?
how u arrive at stocks for SAR and how u calculate the SAR levels please....
sri
Hi sriganesh
ReplyDeleteI dont trade forex...But i would love to trade because its 24 hrs market...so more conivinient
If you have some sort of trading system ...you can trade any market...then why not trade a market/stock that is convinient or comfortable with you
So if you ask me,which market I like ...I would say bank nifty,icicibank,dlf...any trending stock for me because that complements my system
You can check details about SAR calculation here
http://financeandtradingmadeeasy.blogspot.com/2010/01/how-do-i-calculate-sar.html
Cheers
anuj
ReplyDeleteso far ur success ratio in SAR...? if u dont mind
anuj
ReplyDeletefor ur amibroker data fill, see this links
http://www.marketcalls.in/2010/03/ieod-database-for-amibroker-1-year-data.html
http://www.marketcalls.in/2010/01/nse-ieod-database-in-amibroker-format.html
http://www.marketcalls.in/2010/01/complete-nse-eod-database-in-amibroker-format-updated-31-dec-2009.html
http://www.marketcalls.in/2009/12/my-quotes-free-yahoo-intraday-realtime-data-update-for-amibroker.html
hope this helps and solves your problem
@sriganeshh
ReplyDeleteSuccess ratio?...so you want to know my secret?
Well the secret is in front of you..you have missed noticing it!!
Go to this link
http://financeandtradingmadeeasy.blogspot.com/search/label/Indian%20Markets%20Calls
That's the Indian market calls label..check it out for your self...I have not calculate that as this is a subjective system..and I dont have any software to write a code and do all sorts of analysis on the system
However I did manual calculation once when I started this blog...check here
http://financeandtradingmadeeasy.blogspot.com/2010/01/market-calls-and-how-they-performed.html
http://financeandtradingmadeeasy.blogspot.com/2010/01/market-calls-performance-analysis.html
Since this is a trend following system and uses trailing stops(SAR)...you will see it does well in trending markets (will perform better for bank nifty than nifty....and will perform better in case of icicibank than reliance)
It will have the disadvantage of trailing stops which is you will always enter away from market tops and bottoms...thus giving back your accumulated profits...and also have advantage of trailing stops...will let profits run to maximum limit,and will not take you out when oscillators scream "OVERBOUGHT"
what ever system you choose it will favor certain market conditions and perform badly in other conditions
With that knowledge my task becomes easy...I am on look out for stock about to breakout in trend...or simply trade in trending stock and ignore sideways markets and stocks(FMCG and Pharma)
Please calculate profits if you get time, you have all data here...and let me know the results...for benefit of all
Thanks for all amibroker links...I will check them...I can see dow chart ...but dont get indian markets charts...dont know why ...will check it this weekend...
thanks for your continuous support
Regards
AJ
@Sriganeshh
ReplyDeleteYou question made me think
I just went back to see bank nifty performance
800 points approximately...short SAR was triggered on 10 February 2010 since then I am long ...one trade 800 points in one month!!
I think its is good...what do you think?..Cant believe...will again check it tomorrow morning...may be I am sleepy...he he
AJ
Dear Anuj,
ReplyDeleteI have been following your blogspot recently. It is excellant.I appreciate your sharing of knowledge. I request you to guide me as to how and what parameters you use to judge whether a particular stock is in "Up" or "Down" trend. Same manner on what criteria you arrive at the figure of SAR. Please elucidate.
Regards,
Veer
Hi veer,
ReplyDeletethanks for your comment and appreciation,
you can check the following link for SAR calculation
http://financeandtradingmadeeasy.blogspot.com/2010/01/how-do-i-calculate-sar.html
I tend to use Prices as far as possible and limit the use of indicators...as they are derived from prices itself.But because I learned trading the wrong way, I cant completely leave this bad habit of dependence on indicators
So I still use rsi and moving average crossover (very limited now)
cheers