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Showing posts from September, 2015

Why do we fail making money in stock markets?

#why do we fail? These days there are many indicators in stock market and not all of them works. If you ask me, the indicators fail most of the time. This is because most the indicators are made with price, volume and time. These are mechanical factors and can’t be accurate every time. Predictions using these alone may fail most times. With MACD, RSI and stochastics, many investors find the future prices of the stock or index but fail to be more practical. If you are procrastinating or failing badly, I suggest you to get my e-book recently published on amazon. Why do we fail?? http://www.amazon.com/gp/product/B0159TIJKY
But technical analysis should be used as an additional indicator and not as a sole indicator. People real buying and selling acts as the true indicator, which may not be possible to chart as an indicator. It is good to stick with the basics because it always works. Many people become over smart with the markets and lose their money. Be more practical and think about it…

Modified SAR technique

This is an Amibroker formula which I use with my trading everyday. Many people use the normal SAR formula or the EMA of past five days. But the accuracy is greater with the formula that I provide here.
_SECTION_BEGIN("Modified Sar formula");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g,Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );

feb =(LLV(Low,5)*0.764)+(Ref(Low,-1)*0.236);
feb2 =(feb*0.764)+(Low*0.236);
feb1 = MA(feb2,5);
feb10 =MA(feb2,10);
Hig = EMA(High,5);
Lo  = EMA(Low,5);

Plot(feb1,"",colorBlue,512 +styleThick );



//Plot(Hig,"",colorBlue,512 +styleThick + styleDashed);
//Plot(Lo,"",colorRed,512 +styleThick + styleDashed);
Buy = Cross(High,feb1) AND MA(V,20)>500000;
Sell =Cross(…