TradingView
syam-mohan-vs
Nov 29, 2016 3:04 PM

Trendshikari PTS V1.0 - SBI - Long Long

STATE BK OF INDIANSE

Description

Buy @ Market price @ Market Open

Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script. This system works on Daily bars and so entries or exits are at the next market open after getting signal. Key performance metrics generated from TV Backtester are published below (2007 to 2016).

Enter with 1/10 th of your trading capital and be ready to load another two positions with 1/10 the equity size when I give signals. Also exit all, when I signal so in this tip page. Please post your thoughts, concerns on the system if you have any.

Trade active

Buy price @ 254

Comment

Comment

At day end a Sell signal has appeared on charts. So you have to sell tomorrow morning when market open at market price.

Comment

Currently we are having Rs.3.85 profit. Lets see whether we can hold on to that tomorrow morning at market open.

Trade closed manually

Comment

Sell price Rs.259.65. So we made Rs.5.65 on this call per share of SBI.
Comments
rohit.muluk
surprisingly nice indicator system.....please provide more info abt same.....
syam-mohan-vs
@rohit.muluk, Thanks for your interest in the system. This is a proprietary trading system developed by my company using pine script and back tested with all the available data from Tradingview from 2007 to 2016. The backtest results are attached to each call generated by the system, which can be used by you to evaluate the performance metrics and trade list for the instrument idea to which the results are attached. This is a daily bar system i.e system analyzes daily charts of instruments to generate signals. Entries and exits are at the next day market open after getting the signal. Position sizing is based on a pyramiding strategy and the particular pyramiding strategy for each instrument is given in the idea page when that idea is generated. The most attractive part about this system is that it generates similar results as you see above on diverse instruments including stocks, indexes, commodities in diverse global markets. Also system generates profit in bull markets, bear markets and protects capital in flat markets. This robustness of the system is displayed amply in the back tester results attached to each idea call on different instruments. My vision is to make this universal positional trading system script to TV users once TV comes out with script sharing with permissions feature. Hope I have clarified enough on the system. If not or If you have any further questions, please feel free to post them here.
rohit.muluk
@syam-mohan-vs, i hv gone through your website.....website is not fully functional.....so tell me ,is it availaible for us....if yes then how much it ll cost
syam-mohan-vs
@rohit.muluk, website is not up because of the cost of complying with some of the IT security and privacy rules. We are as small company and so we have to manage our costs to stay afloat. But Tradingview is an awsome platform and we are active on the same. The script will be made available through Tradingview platform so that guys like you can use it seamlessly with Trading view awesome charts. The date of release will depend on when Tradingview comes out with "script sharing with permissions feature", so that we can control access to this script. Pricing we have not decided, but will strive to keep it pretty low so that more people from the retail segment can use this system.
rohit.muluk
@syam-mohan-vs, when we can expect ........am waiting for release.......if not exactly wht it ll cost around.....
syam-mohan-vs
@rohit.muluk, Tradingview team says in about two weeks the feature should be available.
rohit.muluk
@syam-mohan-vs, sir keep posting your ideas
syam-mohan-vs
@rohit.muluk, Sure I will keep posting. Guys like you keep me motivated. Keep shooting your doubts, questions, concerns etc.
More