Comment on Zerodha Insider Tool - To help you spot trading opportunities

Nithin Kamath commented on 12 Dec 2013, 03:55 PM

EMA

> CMP CLOSE > 4 EMA.AND 4EMA > 9EMA AND 9EMA >18 EMA SHOW BUY SIGNAL

Buy: (Close > Ema(Close, 4)) and (Ema(Close, 4) > Ema(Close, 9)) and (Ema(Close, 9) > Ema(Close, 18))

> CMP CLOSE < 4 EMA.AND 4EMA < 9EMA AND 9EMA <18 EMA SHOW SELL SIGNAL Sell: (Close < Ema(Close, 4)) and (Ema(Close, 4) < Ema(Close, 9)) and (Ema(Close, 9) < Ema(Close, 18)) > ANY INTER MINGLING BETWEEN THE EMA LINE BOOK PROFIT

Profit booking cannot always be coded using the indicators because, the condition might fire anytime, may end up in profit/ loss.

RSI 14

> RSI 80 SELL SIGNAL*

Sell: RSI(Close, 14) = 80

> BOLLINGER BAND —–20 +

BBT(CLOSE, 20, 2, EXPONENTIAL) = 20

————————————

> CROSS ABOVE 20 DAY AVERAGE BUY SIGNAL + *

Close > SMA(Close, 20)

> CROSS BELOW 20 DAY AVERAGE SELL SIGNAL + *

Close < SMA(Close, 20) > IF TOUCH UPPER BAND EXIT LONG

BBT(CLOSE, 20, 2, EXPONENTIAL) > Close

> IF TOUCH LOWER BAND EXIT SHORT

BBB(CLOSE, 20, 2, EXPONENTIAL) > Close

MACD

> SHORT DURATION -12, LONG DURATION -26 , SIGNAL PERIOD – 9 ( SLOWER LINE)

> IF FASTER LINE > SLOWER LINE .AND. BELOW THE 0 LINE BUY SIGNAL

(MACDSignal(12, 26, 9, SIMPLE) < MACD(12, 26, 9, SIMPLE)) and (MACDSignal(12, 26, 9, SIMPLE) > 0) and (MACD(12, 26, 9, SIMPLE) > 0)

> IF FASTER LINE < SLOWER LINE AND ABOVE ZEROLINE SELL SIGNAL (MACDSignal(12, 26, 9, SIMPLE) > MACD(12, 26, 9, SIMPLE)) and ((MACDSignal(12, 26, 9, SIMPLE) < 0) and (MACD(12, 26, 9, SIMPLE) < 0) Note: + Close, SMA used for coding purpose, You can modify accordingly. Pulse/ Algo Z considers only intraday. SMA9Close, 5) - represents bars and not days. * Please elaborate the logic if you find this is not serving your purpose. * Please back-test the strategies before going Live to assess the performance.

View the full comment thread »