PLEASE HELP TO DEVELOP BELOW STRATEGY IN ZERODHA PI.
I TRIED SEVERAL TIME BUT GETTING ERROR
Step-by-step description of EMA crossover strategy
Step 1: Use the daily time frame, or a shorter time frame,
although the former may yield better results. It includes
the combination of two EMAs—a 3-period and a
10-period—coupledwith a 14-period Average Directional Movement Index with positive and negative
directional indicators (+DI and –DI).
Step 2: +DI line is above the –DI line and the ADX line is
above the 25 level.
Step 3: When 3-day EMA crosses above 10-day EMA.
Step 4: Exit signal is generated when the 3-day EMA crosses
back to the 10-day EMA. Alternatively, you can use a
trailing stop based on percentage.
You can Develop the strategy with the help of @streak and back test also.
I have back test your above strategy using streak and working well .Here are the pics of your strategy.
I think you must have come across so many strategies. Can you tell from your experience which strategy is most efficient for streak. That is which gives maximum profit and also safe.
@sssdornier
I don’t use streak right now, but try backtest this strategy which I used in trading banknifty futures.
Buy when- Adx(14) crosses above -DI and +DI is higher than -DI.
Sell when- Adx(14) crosses above +DI and -DI higher than +DI.
On 10 or 15 MIN Chart.
If you are using streak ,backtest it on any stock or index .Upload Screenshot s also.
We have added lot more features since last you used Streak when it was in beta.
The UI has been revamped, and android and ios app also have been made available to instant notifications on the go.
