Crude oil trading strategies mcx

Simply Intelligent Technical Analysis and Trading Strategies. October 27, by Rajandran 14 Comments. Here is a very simple yet a powerful hourly strategy in MCX crude. I would like to call it as 10EMA Reverse strategy.

Here stoploss is decided on closing basis. Why this strategy could be profitable in MCX-Crude? I have only very limited set of data. I backtested only with exisitng november month contrat and the data size covers only two months. But MCX market is a extended market nature i. Probably we are profitable on most of the contra trades due to the compressed nature of the trading instrument in hourly timeframe and we will be able to eat every small profits. Can this strategy could be applied to other markets too?

These kind of strategies normally works with commodities where the trendiness is very slow on the given timeframe. Download Reverse 10 EMA strategy AFL code Backtestable. Put your opinions,observations and your experience here about this strategy and make it a better one!

Strategy is provided here for study purpose only.

10EMA Reverse Strategy in MCX Crude Hourly Charts

Do it at your own risk. Rajandran is a Full time trader and founder of Marketcalls, hugely interested in building timing models, algos , discretionary trading concepts and Trading Sentimental analysis. He now instructs users all over the world, from experienced traders ,professional traders to individual traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications.

Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst Optuma ,Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies. October 28, at 5: I feel you can try in Natural gas as it suddenly goes deep up or down once in every week. I hope with your tools you can test and help.

October 29, at 5: Buy signal will generate in case of hourly candle closes above 10EMA and sell signal will generate if the candle closes above 10EMA. October 29, at Ravindra Kumar Karnani says. March 19, at 8: Rajandran, In both ,i.

Its same in both cases, not possible. You probably mean to write: Its simply not possible to have both BUY and SELL when Candle closes above 10 EMA!! Its surely a typo!

March 20, at 8: October 30, at 2: I tested it in MCX crude, it generates too many signals during non trending days. Difficult to make profits using this strategy. October 30, at 8: November 4, at 8: I think you need to add some indicator for added confirmation or some higher value EMA to get a feel of Trend.. I am already using similar set up as per suggestion given in 15tf on stocks.. Trade less- Trade Quality.. December 10, at 7: January 4, at 8: Hello Rajandran and all.

AFL of the week: A simple Crude Oil Trading Strategy - Trading Tuitions

On the AmiBroker Backtest profits seems not so bad, but the trades listed in the Backtest report are less than trades plotted on the chart up or down arrow , and are also different all the execution times between the bar chart trades timeframe of 1 min. How can I fix this problem?

January 30, at February 7, at April 21, at Your email address will not be published. June 15, By Rajandran 8 Comments. June 6, By Rajandran 5 Comments. May 5, By Rajandran 1 Comment. April 26, By Rajandran 5 Comments. April 9, By Rajandran 2 Comments. October 29, By Rajandran 6 Comments. May 16, By Rajandran 8 Comments. November 14, By Rajandran 5 Comments. November 13, By Rajandran 3 Comments.

February 7, By Rajandran 19 Comments. About Contact Us Terms and Conditions Privacy Policy Support Policy Disclaimer. Data and information is provided for informational purposes only, and is not intended for trading purposes. Menu Mentorship Training Premium Intraday signals Live Signals MCX Signals Partners. Marketcalls Simply Intelligent Technical Analysis and Trading Strategies.

Software Amibroker NinjaTrader 7 Ninjatrader 8 Option Action Market Analyst Metatrader Python Datafeed Library Markets Commodities Forex Economy Banking Webinars Trading Lessons Algo Trading Market Profile Infographic Video. Related Readings and Observations MCX Crude — Recovery above Indicates Strength Both Short term Daily Sentiment and Very Short term sentiment Hourly in MCX Crude holds down.

Sideways action is expected with a possible test towards However any sustainable […] Introduction to Backtesting a Trading System using Amibroker Backtesting is a simple process which helps a trader to evaluate his trading ideas and provides information about how good the trading system performs on the given historical dataset.

It […] Kalman Filter and Unscented Kalman Filter AFL in Amibroker using Python ComServer In the last tutorial we explored Kalman filter and how to build kalman filter using pykalman python library. In this section we will be dealing with python com server to integrate […] Supertrend Multi Timeframe Based Trading System — Amibroker AFL Code Here is the first prototype from Marketcalls which demonstrates multi-timeframe based trading system which compares two timeframes 5min and hourly in this case and takes a trade decision […] MCX Crude — Top Down Approach and Outlook for FEB On the Monthly Charts MCX CrudeOil Maintains uptrend and also broken out of the consolidation zone zone and sustained above the reference zone.

However lower timeframes indicates a […] Hull ROAR — Rate of Annual Return Amibroker AFL Code Hull ROAR indicator helps in identifying the fastest raising shares and filters it out of the fastest rising shares. Hull ROAR is the brainchild of Alan Hull author of active investing. Comments Parthasarathy says October 28, at 5: Its a reverse strategy.

Rules are right not a classical one though. Yes is is typo corrected now. Thanks for the notification. I feel super trend was better than this system. Hi ji, How you doing!! Leave a Reply Cancel reply Your email address will not be published. Tools For Traders Marketcalls Android App MCX Signals Intraday Signals International Commodities OI Tracker Participation OI Your Broker Market Sentiment Analysis.

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Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.

All trades, patterns, charts, systems, etc. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results.

Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.