Abhinav Kapoor
View Profile

110 EMA-CCI Intraday trading strategy

Abhinav Kapoor at 08:38 PM - Jan 02, 2014 ( ) Views: 5,051

17 29

Hi,

I have tried the following strategy in paper trade and would like to discuss it in MUDRAA and get it 'PROOF READ' by our experts and friends.Hence request you all to study it and provide your valuable testing results and suggestions without any hesitation.

Setup

1). Timeframe : 5min chart
2). EMA : 110 period
3). CCI : 14 days

Why EMA 110? To be frank no idea but when tested proved with results to guage the TREND!

RULE

BUY / GO LONG CONDITION

a). The 5 min candle should be cut and close above 110 EMA.
b). CCI should be > 100. We consider CCI reading only for ENTRY not for EXIT. This CCI will act as a FILTER to avoid false Traps
c). A entry at  0.10% of the High price of the candle that cut and closed above 110 EMA

SELL / GO SHORT CONDITION

a). The 5 min candle should cut and close below 110 EMA.
b). CCI should be < -100. We consider CCI reading only for ENTRY and not for EXIT. This CCI will act as a FILTER to avoid false Traps
c). A entry at  0.10% of the Low price of the candle that cut and closed below 110 EMA.

EXIT : Rs.10/- min

SL : Rs.10/- (as I want to keep RR as 1:1)

Recommended Scrips : MARUTI, AXISBANK, LT, TCS, ICICIBANK & SBI

I have tested the strategy with the above scrips and hence posted as recommendation. Why I have selected the above scrip is bacause of the highly traded volume.

 



From: Abhinav Kapoor at 09:20 AM - Jan 03, 2014( )


NOTE:- ENTRY TO BE DONE AFTER 9:45


(1 to 20 out of 39) - Latest Replies on Top | First | << Previous | Next >> | Last |
Abhinav Kapoor at 03:56 PM - Jan 08, 2014 ( )

1:2,For target of 10 SL is 20.

Rajkishore Sahoo at 03:45 PM - Jan 08, 2014 ( )

sir how u choose stoploss

Noorul Rabi at 03:15 PM - Jan 08, 2014 ( )

THGANX JI GOOD WORK 

Rajkishore Sahoo at 03:15 PM - Jan 08, 2014 ( )

Thanks sir for ur queck response

Abhinav Kapoor at 03:05 PM - Jan 08, 2014 ( )

Yes it is according to the strategy.

at 14:10 of cash price,the candle cut 110 EMA line and the CCI reading was above 100.We bout the equivalent future when the high of the candle that cut the EMA line was crossed.Instantly it made a high of 6214.

Rajkishore Sahoo at 03:01 PM - Jan 08, 2014 ( )

sir can it obey the rule of strategy,pls explain.

Thanks

Abhinav Kapoor at 02:28 PM - Jan 08, 2014 ( )

If traget not achieved today.Carry for tomorrow.

Abhinav Kapoor at 02:20 PM - Jan 08, 2014 ( )

NIFTY BUY INITIATED.

Abhinav Kapoor at 02:15 PM - Jan 08, 2014 ( )

BUY NIFTY AT 6205

SL 6165

TGT 6225

Abhinav Kapoor at 03:13 PM - Jan 06, 2014 ( )

Anybody trading with this strategy.Due to lack of time not able to trade today.Just wanted to check if anybody using it and getting any positive result?

Abhinav Kapoor at 03:33 PM - Jan 03, 2014 ( )
From : Jitendra Singh at 10:21 AM - Jan 03, 2014 ( about 5 hours ago)

abhinav ji one request and one help 

request can u post cash stock trigger posotion pls 

help sir that how u scan these stocks pls sir

 

Jitendra Ji,

The entry are made looking at the cash chart only.I look at the cash chart and enter in future.

I have already soecified 5 stocks .so select those 5 stocks in your terminal and keep seaching manually.

Senthil Kumar at 02:23 PM - Jan 03, 2014 ( )

yes as chintan sir said like give 30days with 5 min then u ll get the ema 110 value amit ji.... i am using that only

Abhinav Kapoor at 01:24 PM - Jan 03, 2014 ( )

tcs 2234.90 high.

roooooocccccckkkkkkkiiiiinnnnngggggg

Chintan Savla at 12:51 PM - Jan 03, 2014 ( )

 @ Amit:-To get an EMA110  value you must have 110 candles plotted on your chart.and hence you are not getting it.try5d5min chart and you will get it

Amit Sharma at 12:44 PM - Jan 03, 2014 ( )

Dear Senthil,

how did u set chart settings in TT? I can see that you are using 30 days chart with 5 min tf....is it? 

Using intraday chart with 5 min tf is not showing the EMA 110 close line ....

Rohan Gupte at 12:40 PM - Jan 03, 2014 ( )

CCI setting of trade tiger pls...not able to see single line as its in ur snapshot...

Abhinav Kapoor at 12:05 PM - Jan 03, 2014 ( )

Sorry friends I donot know how to put charts in mudraa.So not able to do that.That is why putting the trades in the thread for all to understand.

Noorul Rabi at 11:59 AM - Jan 03, 2014 ( )

VERY BIG THANX

Debasish Lala at 11:57 AM - Jan 03, 2014 ( )

Abhinav ji bahut bahut sukhriya.. ur TCS call rockinggggg.... made handsome profit...in this fear market

Senthil Kumar at 11:45 AM - Jan 03, 2014 ( )

TCS Chart :



1 to 20 out of 39

Login to participate in discussion.



Top Gainers

JINDAL PHOTO LIMITED 23.10 3.85 (20.00%)
PG ELECTROPLAST LTD 56.50 8.35 (17.34%)
CANTABIL RETAIL LTD 245.00 30.60 (14.27%)
JAIN IRRIGATION SYSTEMS 28.20 3.40 (13.71%)
SHREE RAMA MULTI TECH LTD 6.45 0.75 (13.16%)
HOTEL LEELA VENTURES LTD 10.10 1.10 (12.22%)
HOUSING DEV & INFRA LTD 17.55 1.90 (12.14%)
SUPER SPINNING MILLS LTD 6.05 0.65 (12.04%)
IGARASHI MOTORS INDIA LTD 203.00 20.45 (11.20%)
LOKESH MACHINES LTD 46.65 4.35 (10.28%)



Top Losers

TATA SPONGE IRON LIMITED 547.00 -89.70 (-14.09%)
BSL LTD 23.50 -3.35 (-12.48%)
SUNFLAG IRON AND STEEL CO 33.25 -3.40 (-9.28%)
CALIFORNIA SOFTWARE CO LT 13.20 -1.30 (-8.97%)
GLENMARK PHARMACEUTICALS 461.00 -38.95 (-7.79%)
SKIPPER LIMITED 52.00 -4.30 (-7.64%)
GENESYS INTL CORPN LTD 83.50 -6.60 (-7.33%)
DPSC LIMITED 9.50 -0.70 (-6.86%)
EMAMI LIMITED 270.50 -18.80 (-6.50%)
ARSHIYA LIMITED 20.75 -1.30 (-5.90%)