Thursday, January 19, 2012

SMO_SAR.ver.1.0



SHRI RAMCHANDRA JI KI JAI !!

SMO_SAR v.1.0

1. A simple SAR Version based on 5EMA , 10EMA (can use 9EMA also), 5LEMA & 5HEMA
2. Applicable to ANY Time Frame (Hourly, Daily, Weekly, Monthly)
3. Algo is explained in attached IMAGE

Note:
THIS IS MY VERY FIRST ATTEMPT @ TREND FOLLOWING ALGOs, so KEEPING IT SIMPLE.

As I develop a FEEL for the CONCEPT of EMAs , I will work on HIGHER VERSIONS of this BASIC ALGO.

A few amazing ideas are floating in my mind & i wud luv to share them here wid u.
We can incorporate concepts of
1. Rate of Change (dy/dx)
2. GANN's SQ. of 9s ; & (The Best fit Parabolic Quad Regression Line)
3. Concept of Local / Global Maxima to Find PERFECT EXIT PTS (derived from Image processing & 2D geometry theory )


JAI GANESH DEVA, APULI KRUPA DRUSHTI MAHJAVAR ASHI CH ASUN DET, HI NAMRA VINANTI!

cheers
SMO
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4 comments:

  1. sometimesbullsometimesbearJanuary 19, 2012 at 9:15 PM

    Punya karma. A good omen is that Ganesh Jayanti is approaching. Wish u all the best in ur efforts and hope Ganeshji will inspire and protect u always.
    Thx.

    ReplyDelete
  2. shriramJanuary 20, 2012 at 2:09 AM

    Thanks STBSTB

    I hope the effort is fruitful

    rgds

    ReplyDelete
  3. KIRANJanuary 20, 2012 at 5:32 PM

    Dear Shriram,
    Nice work.
    I am also an engineer having similar fashion like you.
    I have developed auto signalling strategy using amibroker software.
    Lets join hands to develop auto signalling and auto trading software to help fellow Indian traders
    please do visit nayakkirankumar.blogspot.com
    you can contact me on 9741413571
    Regards,
    Kiran

    ReplyDelete
  4. GPJuly 9, 2012 at 7:31 PM

    Hi Shriram

    Can u plz explain in your leisure time - the second rule in your SAR ver 1 i.e. If we see 5ema x over up above 10ema (automatically means price has gone above 10ema) my mails is girish.s.powar@gmail.com

    Thank You
    girish

    ReplyDelete

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