AdityaTechTrader

Grasim Industries (GRASIM) Trading Strategy

NSE:GRASIM   GRASIM INDUSTRIES
The strategy works best on 5 min timeframe. The results may very different depending upon time-frame and date range of your choice.

The default trading quantity is 2. I have added functionality for part profit booking which increase profit and always keeps you in trade.
I have tested this indicator on 5 minutes time-frame on National Stock of Exchange(India) which gives good results and the time period is almost 6 months.
Period : 19/08/2019 to 06/03/2020.
Points = 688.25
No. of trades = 58
Profit Factor = 2.934
It is non-repainting indicator and uses @version=4.

For free trial, send me a private message in order to access this script as this Invite Only script.

Comments

Hi , i am Prakash
can you give me a free trial ?
Reply
PRAKASHG PRAKASHG
@PRAKASHG,
hi how can i get the indicator ?
kindly tell me
Reply
Just read and watch lectures of Mark Douglas about trading. His best contribution is his title "Trading in Zone".
Reply
Hi Aditya,

Your model is impressive. Have a few questions

1. Does it work in side ways markets too
2. DOes it work on certain type of securities or all of them ?

Any details on your method will be great and i would really be delighted if you can help me implement it

Regards

Srikanth
Type your message here
Search
Reply
@avsrikanth, Sorry I posted about TCS. The model is developed on statistical probability. This indicator is specifically designed for Grasim. Each securities have different characteristics.For some simple EMA will suit and for others simple Fibonacci concepts will work. I have developed indicators for NIFTY, Grasim, TCS and Indusind Bank. You can find the same on my page.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out