FOR 20-12-2013

FOR 19-12-2013

FOR 18-12-2013

TRADING SYSTEM UPDATE FOR 17-12-2013

******NIFTYDOCTOR SIMPLE TRADING SYSTEM*****

***FIVE AVERAGES---

---The system uses five averages:   

• 3 day close average (3 SMA),
• 3 day  high average ( 3 HMA),
• 3 day low average. (3LMA),
• 8 day close average. ( 8 SMA),
• 34 day close average (34 SMA)

***CALL GENERATION---

---Initiate long when the close is above 3 day high average (3 HMA) and 3 day close average (3 SMA) crosses above 8 day close average (8 SMA). (Stop loss 3 day low average)

--- Initiate short when the close is below 3 day low average (3 LMA) and 3 day close average (3 SMA) crosses below 8 day close average (8 SMA). (Stop loss 3 day high average)

****SCORING SYSTEM ----

1)      When 8 SMA > 34 SMA then the Trend is UP (score +1)

2)      When 8 SMA < 34 SMA then the Trend is DOWN ( score -1)

3)      When 3 SMA > 8 SMA then the Bias is UP (score +2)

4)      When 3 SMA < 8 SMA then the Bias is DOWN ( score -2)

5)      When Closing is above 3 HMA then Momentum is UP ( score +1)

6)      When Closing is below 3 LMA then Momentum is DOWN ( score -1)

7)      When Closing is in between 3 LMA and 3 HMA then Momentum is NEUTRAL( score 0)

****IMPORTANT POINTS----

1)      All averages are simple moving averages.

2)      Stop loss works on closing basis.

3)      Use scoring system for trade quantity.

·        Trade four lots when score is +4 or -4

·        Trade three lots when score is +3 or -3,

·        Trade two lots when score is +2 or -2

·        And trade one lot when score is +1 or -1.

4)      Always remember that trading system works best in trending market (When ADX is rising ) and give poor returns in trading range market (When ADX is falling ).

FOR 11-12-2013

FOR 10-12-2013

FOR 6-12-2013

TRADING SYSTEM UPDATE FOR 5-12-2013

******NIFTYDOCTOR SIMPLE TRADING SYSTEM*****

***FIVE AVERAGES---

---The system uses five averages:   

• 3 day close average (3 SMA),
• 3 day  high average ( 3 HMA),
• 3 day low average. (3LMA),
• 8 day close average. ( 8 SMA),
• 34 day close average (34 SMA)

***CALL GENERATION---

---Initiate long when the close is above 3 day high average (3 HMA) and 3 day close average (3 SMA) crosses above 8 day close average (8 SMA). (Stop loss 3 day low average)

--- Initiate short when the close is below 3 day low average (3 LMA) and 3 day close average (3 SMA) crosses below 8 day close average (8 SMA). (Stop loss 3 day high average)

****SCORING SYSTEM ----

1)      When 8 SMA > 34 SMA then the Trend is UP (score +1)

2)      When 8 SMA < 34 SMA then the Trend is DOWN ( score -1)

3)      When 3 SMA > 8 SMA then the Bias is UP (score +2)

4)      When 3 SMA < 8 SMA then the Bias is DOWN ( score -2)

5)      When Closing is above 3 HMA then Momentum is UP ( score +1)

6)      When Closing is below 3 LMA then Momentum is DOWN ( score -1)

7)      When Closing is in between 3 LMA and 3 HMA then Momentum is NEUTRAL( score 0)

****IMPORTANT POINTS----

1)      All averages are simple moving averages.

2)      Stop loss works on closing basis.

3)      Use scoring system for trade quantity.

·        Trade four lots when score is +4 or -4

·        Trade three lots when score is +3 or -3,

·        Trade two lots when score is +2 or -2

·        And trade one lot when score is +1 or -1.

4)      Always remember that trading system works best in trending market (When ADX is rising ) and give poor returns in trading range market (When ADX is falling ).

FOR 4-12-2013

TRADING SYSTEM UPDATE FOR 3-12-2013

******NIFTYDOCTOR SIMPLE TRADING SYSTEM*****

***FIVE AVERAGES---

---The system uses five averages:   

• 3 day close average (3 SMA),
• 3 day  high average ( 3 HMA),
• 3 day low average. (3LMA),
• 8 day close average. ( 8 SMA),
• 34 day close average (34 SMA)

***CALL GENERATION---

---Initiate long when the close is above 3 day high average (3 HMA) and 3 day close average (3 SMA) crosses above 8 day close average (8 SMA). (Stop loss 3 day low average)

--- Initiate short when the close is below 3 day low average (3 LMA) and 3 day close average (3 SMA) crosses below 8 day close average (8 SMA). (Stop loss 3 day high average)

****SCORING SYSTEM ----

1)      When 8 SMA > 34 SMA then the Trend is UP (score +1)

2)      When 8 SMA < 34 SMA then the Trend is DOWN ( score -1)

3)      When 3 SMA > 8 SMA then the Bias is UP (score +2)

4)      When 3 SMA < 8 SMA then the Bias is DOWN ( score -2)

5)      When Closing is above 3 HMA then Momentum is UP ( score +1)

6)      When Closing is below 3 LMA then Momentum is DOWN ( score -1)

7)      When Closing is in between 3 LMA and 3 HMA then Momentum is NEUTRAL( score 0)

****IMPORTANT POINTS----

1)      All averages are simple moving averages.

2)      Stop loss works on closing basis.

3)      Use scoring system for trade quantity.

·         Trade four lots when score is +4 or -4

·         Trade three lots when score is +3 or -3,

·         Trade two lots when score is +2 or -2

·         And trade one lot when score is +1 or -1.

4)      Always remember that trading system works best in trending market (When ADX is rising ) and give poor returns in trading range market (When ADX is falling ).

FOR 2-12-2013