indiTraders - Forum for the Active Indian Trader

REQUEST FOR A NEW CATEGORY FOR ALGO /AUTOMATED TRADING

sumitalwar — Sun, 19 May 2013 08:32:06 GMT

sir

please start a new head/ category named algo/ automated trading

this will help retail traders and help in consolidating threads with regard to the matter:-?

thnx

sumit

Just Dial Ltd. IPO

avadhoot — Sun, 19 May 2013 05:16:46 GMT

Issue Highlights

Issue Period 20/5/2013-22/5/2013
Issue Type 100% book building
Price Range Rs. 470-543
Face value Rs. 10
Market Lot 25 equity shares
Issue Size 1,74,97,458 equity shares
Listing BSE,NSE,MCX-SX
Registrar Karvy Coputershare
Maximum Retail Limit Rs. 1,98,400/ 16 lots
Retail Discount Rs.47
Industry Advertising/local search
Safety Net Feature Yes

Financial Analysis

# All calculations at the cap price for retail investors i.e. Rs. 496 (considering the retail discount) and hence are different from the same for other categories
## for information purpose only as in FY 12 Just Dial Ltd. sold its shareholding in JD USA and thus comparison with the past may not be meaningful

Parameter FY 13 Annualized FY 12##
Basic EPS Rs. 8.8 Rs.7.2
Book Value Rs. 57.9 Rs.14.8
P/E 56.6 68.5
P/B 8.6 33.5
NPM 17% 18%
Profit CAGR(3 years) ## 47% 89%
PEG 1.2 .8
Debt/Equity(exhaustive) .4 1.4
ROE 15.1% 48.9%
EV/EBITDA 37.63 48.3
Current Ratio 3 1.4
M-Cap/Sales 9.6 12.6

Further details
http://www.iforp.in/2013/05/just-dia...po-review.html

Experiences in VSA (Volume Spread Analysis)

bunny — Sat, 18 May 2013 22:45:41 GMT

Hi,

I had chosen to learn Volume Spread Analysis back in 2009-2010 when I first put money into stock market. Back then, it was utter failure. But now, after a gap or 2 to 3 years, I am trading VSA setups successfully and making profits regularly. In this thread, I am going to note down my experiences and additional observations on this subject. The experiences are not noted in any particular order. All my opinions are personal and merely for the purpose of sharing. Conceive them as advice at your own risk.

I may be wrong at plenty of places, but then, do know that I have not pressurized myself to be 100% correct all the time and that I have the right to be wrong (Yes, I definitely mean it!)

Let it be known that I am no veteran trader. I am an ordinary trader with just 4 years of exposure to the stock market. I have some knack for writing since school day. And I have been an sought-after "teacher" for some time. So I am capable of writing in such a manner that seems "authoritative" to some people. Make no mistake about that, I am no authority.

Please note that this thread is not for analysis of charts. Summaries and inferences from chart analysis are noted down in a separate thread here.

Trading Videos

JJ — Sat, 18 May 2013 07:13:43 GMT

Linda Raschke: Fix mistakes immediately

BORKED

Humans vs Market

karthikayan — Fri, 17 May 2013 15:32:55 GMT

Trading Can Be only Successful If u Leave it with the trend Of Market Humans Cant adopt with the Market Pschcologicaly

First Quality Investment

rohit raju — Fri, 17 May 2013 11:28:29 GMT

Beloved investors.
I would like to pay your interest to the discount brokerage on Foreign exchange market by Compositedge. The website of organization is includes Online Broker Trading | Algo Trading and Stock Exchanges.

The circumstances are widespread methods for funds managing at Forex market. The primary task series of the global flat brokerage fee transaction is render very first-quality investment expert services focused at speculative profit generating from managing in around the world financial trading markets.Compositedge clients use the foremost side technology in the online discount trading and they have an accessibility to news,information,reports and informative assets presented by the major significant detail firms.

VSA traders, raise your hands :-)

bunny — Thu, 16 May 2013 20:14:57 GMT

Hi IndiTraders,

First of all, I am glad to be back here. This place is so much of fun with new things to learn and serious analysts on board.

So, who all are trading with real-money using the VSA approach? Back in 2009-2010 when I was introduced to VSA and forums like these, I remember many serious traders were interested and inquisitive about VSA-based trading. A few also undertook ambitious initiatives such writing automation-codes, mindmaps, algorithms, etc.

So who all are the VSA guys at present? Count me :-)

Trading CNX 500 stocks with Volume Spread Analysis

bunny — Thu, 16 May 2013 09:30:06 GMT

Hi,

Back in 2009-2010, I had chosen this approach for trading for short term gains. However, I was unsuccessful back then. Now I am making a second attempt after a gap of 2 years. I have chosen Volume Spread Analysis as my approach to decide on trades.

I have chosen to analyse only those stocks which are included in the NSE(India) CNX 500 index. Still, most of my trades shall be restricted only to those stocks which are included in CNX 100 and CNX 200 indices of the NSE. All stocks included in this CNX 100 and CNX 200 indices are also included in the CNX 500 index.

Due to lack of resources such as software, real-time data, time, etc. my analysis and trades shall be based in EOD data only. I have created a proprietary charting application to draw the simplistic charts according to my needs.

Nifty / Banknifty Using Super Trend

kuldeep.panda — Wed, 15 May 2013 10:11:26 GMT

Had gone long from Nifty from 6044 and Banknifty from 12630 with 2 lots each

booked one lot of NIFTY 6071 and Banknifty @ 12692

Long carried for tom one lot...

Attached Images

Untitled20130515153255.png (116.5 KB)

RCRT Data feed for Amibroker, Metastock & DDE

no1lives4ever — Wed, 15 May 2013 05:42:47 GMT

Hi Everyone,

Let me announce RCRT Trader data feed for users of Amibroker, Metastock and other software which can accept DDE data feed.

RCRT trader gives live tick data for NSE Cash, CD & F&O, BSE Cash & F&O, MCX, NCDEX and MCXSX.

Backfill upto 150 days is provided with 1 upto 1 min resolution in Amibroker and Metastock. No backfill is supported for tick data.

I have been testing RCRT with Amibroker for the past 2 weeks and have been highly impressed by the speed of their data feed and the quality of the Amibroker plugin and the platform. It has been very stable and looks like a very well designed piece of software.

For Inditrader members, there is a special introductory offer of Rs. 500/- per month for any one segment on NSE (backfill will be available to all segments however). Those interested, please send a Private Message to a mod to get their coupon.

-- no1lives4ever

Derivative trading

12avinash.ks — Tue, 14 May 2013 20:38:20 GMT

Sir,
With due respect I would like to request you to please provide me 5 minutes of your time by filling up the following questions,
https://adobeformscentral.com/?f=nkcnDhOJUYpYiGatmWucCQ
The questionnaire is for educational purpose only and will not be exploited in any means. Thanks a lot of your precious time.
Yours faithfully,
Avinash Kumar Singh,
Student, Researcher

can any one convert this AFL to ex4 (metatrader) formula

ayush2020 — Tue, 14 May 2013 11:39:27 GMT

_SECTION_BEGIN("Trend Lines");
p1 = Param("TL 1 Periods", 20, 5, 50, 1);
p2 = Param("TL 2 Periods", 5, 3, 25, 1);
TL1 = LinearReg(C, p1);
TL2 = EMA(TL1, p2);
Col1 = IIf(TL1 > TL2, ParamColor("TL Up Colour", colorGreen), ParamColor("TL Dn Colour", colorRed));
Plot(TL1, "TriggerLine 1", Col1, styleLine|styleThick|styleNoLabel);
Plot(TL2, "TriggerLine 2", Col1, styleLine|styleThick|styleNoLabel);
_SECTION_END();

_SECTION_BEGIN("Linear Regression Channel");
//CyberMan's Linear Regression Channel.

//Linear Regression Line with 2 Standard Deviation Channels Plotted Above and Below
//The original was written by Patrick Hargus, with critical hints from Marcin Gorzynski, Amibroker.com Technical Support
//Wysiwyg coded the angle in degrees part
//I modified the original Linear Regression code so that the line will change color based on the degree of the Linear Regression slope.
//I combine this with my trading system.
//When my system gives an entry signal I look at the Linear Regression Line and I will only take long positions if the Linear Regression line is green and the entry price is below the LR line.
//When my system gives an entry signal I look at the Linear Regression Line and I will only take short positions if the Linear Regression line is red and the entry price is above the LR line.
//It is usefull for filtering out lower probability trades.

//================================================St art Chart Configuration===================================== =======================================

SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) Vol " +WriteVal( V, 1.0 ) +" {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) ));
SetChartBkGradientFill(ParamColor("Top", colorTeal), ParamColor("Bottom", colorLightGrey), ParamColor("Title", colorTeal));
SetChartBkColor(colorTeal);

Plot( C, "Close", colorWhite, styleCandle, Zorder = 1);
SetChartOptions(0,chartShowArrows | chartShowDates);

//================================================En d Chart Configuration===================================== ==========================================

//====================================Start of Linear Regression Code============================================== ====================================

P = ParamField("Price field",-1);

Length = 150;

Daysback = Param("Period for Liner Regression Line",Length,1,240,1);
shift = Param("Look back period",0,0,240,1);

//=============================== Math Formula ================================================== ================================================== ====

x = Cum(1);
lastx = LastValue( x ) - shift;
aa = LastValue( Ref(LinRegIntercept( p, Daysback), -shift) );
bb = LastValue( Ref(LinRegSlope( p, Daysback ), -shift) );
y = Aa + bb * ( x - (Lastx - DaysBack +1 ) );

//==================Plot the Linear Regression Line ================================================== ==================================================

LRColor = ParamColor("LR Color", colorCycle );
LRStyle = ParamStyle("LR Style");

LRLine = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y, Null );

LRStyle = ParamStyle("LR Style");
Angle = Param("Angle", 0.05, 0, 1.5, 0.01);// A slope higher than 0.05 radians will turn green, less than -0.05 will turn red and anything in between will be white.

LRLine = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y, Null );

Pi = 3.14159265 * atan(1); // Pi
SlopeAngle = atan(bb)*(180/Pi);

LineUp = SlopeAngle > Angle;
LineDn = SlopeAngle < - Angle;

if(LineUp)
{
Plot(LRLine, "Lin. Reg. Line Up", IIf(LineUp, colorBrightGreen, colorWhite), LRStyle);
}
else
{
Plot(LRLine, "Lin. Reg. Line Down", IIf(LineDn, colorDarkRed, colorWhite), LRStyle);
}

//========================== Plot 1st SD Channel ================================================== ================================================== ==

SDP = Param("Standard Deviation", 1.5, 0, 6, 0.1);
SD = SDP/2;

width = LastValue( Ref(SD*StDev(p, Daysback),-shift) ); //Set width of inside chanels here.
SDU = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y+width , Null ) ;
SDL = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y-width , Null ) ;

SDColor = ParamColor("SD Color", colorCycle );
SDStyle = ParamStyle("SD Style");

Plot( SDU , "Upper Lin Reg", colorWhite,SDStyle ); //Inside Regression Lines
Plot( SDL , "Lower Lin Reg", colorWhite,SDStyle ); //Inside Regression Lines

//========================== Plot 2d SD Channel ================================================== ================================================== ====

SDP2 = Param("2d Standard Deviation", 2.0, 0, 6, 0.1);
SD2 = SDP2/2;

width2 = LastValue( Ref(SD2*StDev(p, Daysback),-shift) ); //Set width of outside chanels here.
SDU2 = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y+width2 , Null ) ;
SDL2 = IIf( x > (lastx - Daysback) AND BarIndex() < Lastx, y-width2 , Null ) ;

SDColor2 = ParamColor("2 SD Color", colorCycle );
SDStyle2 = ParamStyle("2 SD Style");

Plot( SDU2 , "Upper Lin Reg", colorWhite,SDStyle2 ); //OutSide Regression Lines
Plot( SDL2 , "Lower Lin Reg", colorWhite,SDStyle2 ); //OutSide Regression Lines

Trend = IIf(LRLine > Ref(LRLine,-1),colorGreen,colorRed);//Changes LR line to green if sloping up and red if sloping down.

Plot( LRLine , "LinReg", Trend, LRSTYLE );

//============================ End Indicator Code =========

_SECTION_BEGIN("MAMA");
SetBarsRequired( 10000, 10000 );
SetChartOptions(0,chartShowArrows|chartShowDates);
prc = ( High + Low ) / 2;
fastlimit = 0.5;
slowlimit = 0.05;
pi=4*atan(1);
RTD=180/pi;
DTR=pi/180;

Cyclepart=Param("Alpha",0.5,0.1,1,0.1);

Smooth[0] = Period = Detrender[0] = I1[0] = Q1[0] = 0;
phase[0]=deltaphase[0]=MAMA[0]=FAMA[0]=0;
for ( i = 6; i < BarCount; i++ )
{
Smooth[i] = ( 4 * prc[i] + 3 * prc[i-1] + 2 * prc[i-2] + prc[i-3] ) / 10;
AmpCorr[i] = 0.075 * Period[i-1] + 0.54;
Detrender[i] = ( 0.0962 * Smooth[i] + 0.5769 * Smooth[i-2] - 0.5769 * Smooth[i-4] - 0.0962 * Smooth[i-6] ) * AmpCorr[i];
Q1[i] = ( 0.0962 * Detrender[i] + 0.5769 * Detrender[i-2] - 0.5769 * Detrender[i-4] - 0.0962 * Detrender[i-6] ) * AmpCorr[i];
I1[i] = Detrender[i-3];
if (I1[i] != 0) phase[i] = DTR*360/atan(q1[i]/I1[i]);
deltaphase[i]=phase[i-1]-phase[i];
if (deltaphase[i] <1) deltaphase[i]=1;
alpha[i]=fastlimit[i]/deltaphase[i];
if (alpha[i] < slowlimit[i]) alpha[i]=slowlimit[i];
MAMA[i]=alpha[i] * prc [i] +(1-alpha[i])*MAMA[i-1];
FAMA[i]=Cyclepart*alpha[i] * prc [i] +(1-Cyclepart*alpha[i])*FAMA[i-1];
}

_SECTION_END();

_SECTION_BEGIN("SYSTEM");
BuySetupValue=ValueWhen(Cross(MAMA,FAMA),H,1);
SellsetupValue=ValueWhen(Cross(FAMA,MAMA),L,1);
Buysetup =Cross(MAMA,FAMA) ;
Sellsetup = Cross(FAMA,MAMA);
Longa = Flip(Buysetup,Sellsetup);
shrta = Flip(Sellsetup,Buysetup);
Buy=Longa AND Cross(C,BuySetupValue);
Sell=shrta AND Cross(SellsetupValue,C);
Buy = ExRem(Buy,Sell);
Sell = ExRem(Sell,Buy);
t1= Flip(Buy,Sell);
t2= Flip(Sell,Buy);
BPrice=ValueWhen(t1 AND Ref(t1,-1)==0,C,1);
SPrice=ValueWhen(t2 AND Ref(t2,-1)==0,C,1);
GraphXSpace = 5;
dist = 1.5*ATR(20);
for( i = 0; i < BarCount; i++ )
{
if( Buy[i] ) PlotText( "" + C[ i ], i, L[ i ]-dist[i], colorLime );
if( Sell[i] ) PlotText( "" + C[ i ], i, H[ i ]+dist[i], colorYellow );
}
_SECTION_END();
//=================TITLE============================ ================================================== ==================
_SECTION_BEGIN("Title");
if( Status("action") == actionIndicator )
(
Title = EncodeColor(colorWhite)+ "MAMA Poistional System" + " - " + Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
" - " + Date() +" - "+"\n" +EncodeColor(colorYellow) +"Op-"+O+" "+"Hi-"+H+" "+"Lo-"+L+" "+
"Cl-"+C+" "+ "Vol= "+ WriteVal(V)+"\n"+
EncodeColor(colorLime)+
WriteIf (Buy , " GO LONG / Reverse Signal at "+C+" ","")+
WriteIf (Sell , " EXIT LONG / Reverse Signal at "+C+" ","")+"\n"+EncodeColor(colorWhite)+
WriteIf(Sell , "Total Profit/Loss for the Last Trade Rs."+(C-BPrice)+"","")+
WriteIf(Buy , "Total Profit/Loss for the Last trade Rs."+(SPrice-C)+"","")+
WriteIf(Longa AND NOT Buy, "Trade : Long - Entry price Rs."+(BPrice),"")+
WriteIf(shrta AND NOT Sell, "Trade : Short - Entry price Rs."+(SPrice),"")+"\n"+
WriteIf(Longa AND NOT Buy, "Current Profit/Loss Rs."+(C-BPrice)+"","")+
WriteIf(shrta AND NOT Sell, "Current Profit/Loss Rs."+(SPrice-C)+"",""));
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);
_SECTION_END();
WriteVal(BuyPrice);
WriteVal(Longa);
WriteVal(t1);
WriteVal(SellPrice);
WriteVal(shrta);
_SECTION_END();
//=========================== Back ground Text ===================
_SECTION_BEGIN("Background text");
GfxSetOverlayMode(1);
GfxSelectFont("Tahoma", Status("pxheight")/6 );
GfxSetTextAlign( 6 );// center alignment
//GfxSetTextColor( ColorRGB( 60, 45, 80 ) );
GfxSetTextColor( ColorHSB( 42, 42, 42 ) );
//GfxSetTextColor( ColorHSB( 5, 5,242) );
GfxSetBkMode(0); // transparent
GfxTextOut( Name(), Status("pxwidth")/2, Status("pxheight")/12 );
GfxSelectFont("Tahoma", Status("pxheight")/12 );
GfxTextOut( "", Status("pxwidth")/2, Status("pxheight")/3 );
GfxSelectFont("Tahoma", Status("pxheight")/20 );
GfxTextOut( "", Status("pxwidth")/2, Status("pxheight")/2 );
GfxSelectFont("Tahoma", Status("pxheight")/40);
GfxTextOut( "", Status("pxwidth")/7, Status("pxheight")/6);

_SECTION_END();

Wilder's smoothing afl

Nehal_s143 — Tue, 14 May 2013 08:22:56 GMT

Hi

When using wilder's in Amibroker I am getting different value then Metastock hence want to know the calculation of wilder smoothing used in Metastock

seniors please help to write afl Metastock Wilder's smoothing

Regards

Wilder's smoothing

Nehal_s143 — Tue, 14 May 2013 08:11:40 GMT

Hi

Request to all, please explain how Metastock calculates wilder's smoothing?

When using wilder's in Amibroker I am getting different value then Metastock hence want to know the calculation of wilder smoothing used in Metastock

Regards

Inverse TilsonT3

phongstock — Fri, 10 May 2013 17:26:34 GMT

Hi everyone !

I have this code :

Quote:

P = C;
T3MAP = Param("T3MAP-1", 32, 2, 300, 1, 10);
function T3(Price, Periods)

{

S = (0.8540);

E1 = EMA(Price, Periods);
E2 = EMA(E1, Periods);
E3 = EMA(E2, Periods);
E4 = EMA(E3, Periods);
E5 = EMA(E4, Periods);
E6 = EMA(E5, Periods);

C1 = (-S * S * S);
C2 = (3 * S * S + 3 * S * S * S);
C3 = (-6 * S * S - 3 * S - 3 * S * S * S);
C4 = (1 + 3 * S + S * S * S + 3 * S * S);

TI3 = (C1 * E6 + C2 * E5 + C3 * E4 + C4 * E3);
return (TI3);

}

PSignal = T3(P, T3MAP); // Conventional Signal //

Plot( PSignal, "PSignal", colorRed, styleLine||styleNoLabel|styleThick);

Plot( C, "Close", colorGreen, styleCandle, Zorder = 1);

Please help to convert red line as following :

http://postimg.org/image/wmxc7hn19/full/

Many thanks !