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| From : Julius Jr at 11:02 AM - Jan 21, 2011 ( ) |
, 2 Bookmark
Share it on FacebookIt is Nothing But the
CAMARILLA EQUATION.
The Creator of this strategy calls this Equation as
"SUREFIRETHING".
I don't want to give the history & other basic things here,
because you can find easily if you search through a search engine.
How it Works?
Based on Market Profiling.
Utilising the Supply & Demand.
Expecting Targets based on Previous Day Volatility.
If you understand basics of chart readings with Stochastic & RSI
with Volume, the winning percentage is High. I have discussed
about this in the below link.
Few Resources:
we have already discussed Many Valid Points & Few Secrets about this strategy in
http://www.mudraa.com/trading/62422/0/camarilla-may-change-your-trading-style.html
Free Course on Camarilla Trading - Basics:
http://www.surefirething.com/day-trading-course.html
Performance on S&P 500 Index by the Original Camarilla Equation by the Officialsite
http://www.surefirething.com/performance.php
Ebook About Camarilla Trading.
https://sites.google.com/site/intradayautomatedsoftware/Intraday_Trading_Using_Camarilla_and_Advanced_Camarilla.pdf
I have created this thread to Refresh & Give New Ideas for Learners.
Disclaimer:
I give this strategy For Educational purpose only, Trade at your own risk after proper backtesting. NIFTY Futures may give huge loss.
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He is still active on facebook i talk to him regularly
@Mr.Manoj,
1. Camarilla and Gann give different level, which level best to follow, and which one is more accurate and more profitable?
There is No Holy Grail Trading System. If you have proper Money Management & Profit locking Mechanism - Even a poor strategy can give you good results. If you fix with one strategy - fix with it - act only based on the rules - Don’t change based on news/rumors etc.
2. In Gann which time Price should be put for calculating level? can we put any time LTP or current market price for calculating level?
30 Mins to 45 Mins.
3. In Camarilla can we use every Resistance/ Support point ( H1 to H4) or (L1 to L4) as a trading point for go above long and go below short ?
No - Rules are Rules.
Julius ji,
I would like to know-
1. Camarilla amd Gann give diffirent level, which level best to follow, and which one is more accurate and more profitable?
2. In Gann which time Prise should be put for calculating level? can we put any time LTP or current market prise for calculating level?
3. In Camarilla can we use every Resistance/ Support point ( H1 to H4) or (L1 to L4) as a trading poing for go above long and go below short ?
@Mr.Manoj,
Click Options Menu - > Select Data Source/Proxy Settings.
Choose the Site --> Nse India Real Time (Free)

@Mr.Harman,
Link1 you have provided based on hourly.
Link2 is classical version.
@Mr.Manoj,
QUOTE TRACKER (FREE VERSION)
Gives the live chart indicator of Camarilla Levels.
Download : www.quotetracker.com
SETTINGS:
In Quote Traker. Open the Chart.
Right Click & Click the Option--> Select Indicators

You will get the CAMARILLA PIVOTS.

Julius sir...thanks for the info...I have seen some mismatch in these two links info...so kinda confused which one is more correct
I am hitting Uflex with frisay h = 206, Low = 198.1 and close 203.05(NSE)
Link 1:-http://www.pivottrading.net/autoCalculators/index.php this auto calculator is giving me some other H and L values with recommendation which is not appropriate as per me...
Link 2:- http://www.pivottrading.net/pivot/pivot/advancedCamarillaPivot.php this appears much correct to me because here is the formulae for levels
H4 = [1.1*(H-L)/2]+C
H3 = [1.1*(H-L)/4]+C
H2 = [1.1*(H-L)/6]+C
H1 = [1.1*(H-L)/12]+C
L1 = C-[1.1*(H-L)/12]
L2 = C-[1.1*(H-L)/6]
L3 = C-[1.1*(H-L)/4]
L4 = C-[1.1*(H-L)/2]
and when you will apply this formulae on excel you will find your results matching with results provided on link 2.
Request:- Can you please dig in more into my findings and use your expertise to extract the correct reasoning for same or either point out which one is more accurate...we can work together on this if you dont mind...and can discuss in more elaborative way...trust me It appears this is a very gud piece to explore...
Sir,
I dowmloaded QUOTE TRACKER (FREE VERSION)
but dont get any chart are indian share scrip
please give details how to setup and use this software.
Thanks,
Julius ji,
You always help and guide to learners.
Q&A:
1. What is diffirence between Camrilla and Advanced Camarilla level.?
Both are same except advanced has Target for H4 & L4 Breaks.
2. If nifty open beyond H4 or L4, then what should be our stratagy ( how to set target and SL etc)
As per rules Wait till price comes between H4-H3 or L4-L3 to trade.
3. If nifty in ranfe bound (between L3 and H3, almost whole day) then what should stratagy?
Just Watch if you are an Camarilla Trader.
Friends,
I am preparing a article - how to get maximum from camarilla?
My complete observations. Will be post here/in seperate thread Soon.
Advanced Camarilla Calculator: (With H4-BRK Target)
http://www.pivottrading.net/pivot/pivot/advancedCamarillaPivot.php
Kiran ji, there must be some problem in your system other wise Firefox is a good brouser though dont know much abt google crome
firefox not working in my sys ......
i have ie & google crome...
i am talking about the same issue of copien url etc or any written message from thread
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