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RAJASWAMY EOD TRADING for Amibroker (AFL)
rajaswamy
about 13 years ago
Amibroker (AFL)

Rating:
5 / 5 (Votes 2)
Tags:
trading system, amibroker

THIS SYSTEM IS GOOD FOR EOD TRADING IT WILL GIVE BACKTEST FOR YOU IN GOOD PROFIT

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Indicator / Formula

Indicator
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//RAJASWAMY.com 7th Stage of the Heaven System Version 1.0//
// v.1.0 Created By Kook 20 Nov 2005    //
// v.1.2  2nd Update By Kook 21 Nov 2005 //Bugs(Last SEC) reported from Mink 

///Level 7///// 
/////Chaloke System3--
BckGndColor=ParamColor
("BackGroundColor",colorBlack);
GraphXSpace=1;
P1=Param("ShortTerm Period",9,3,15,1); 
P2=Param("MidTerm Period",15,9,24,1); 
P3=Param("LongTerm Period",24,15,50,1); 
P4=Param("Invesment Term",5,1,12,1); 
P5=Param("ATR Period",5,1,25,1); 
Sm=2*P5/10; 
ATRX=Sm*ATR(P4); 
S=EMA(C,P1) - ATRX; 
M=EMA(C,P2) -ATRX; 
lg=EMA(C,P3) -ATRX; 

Sht=IIf(C==HHV(C,3),S,Ref(EMA(C,9),-1)-ATRX); 
Mid=IIf(C==HHV(C,3),M,Ref(EMA(C,15),-1)-ATRX); 
Lng=IIf(C==HHV(C,3),Lg,Ref(EMA(C,24),-1)-ATRX); 

ColorSys3=IIf( Sht>Mid AND C > Sht ,colorBrightGreen ,IIf( C < lng OR Sht<lng ,colorRed,
IIf(BarsSince(Sht>Mid AND C > Sht) < BarsSince(C < lng OR Sht<lng ) ,colorBrightGreen ,colorRed))); 
Plot(C,"",ColorSys3,64);  
//.........................................................................................//
//.........................................................................................//
//.........................................................................................//


BuySys3=ColorSys3==colorBrightGreen AND Ref(ColorSys3,-1)!=colorBrightGreen ;
SellSys3=ColorSys3==colorRed AND Ref(ColorSys3,-1)!=colorRed ;

PlotShapes(shapeUpArrow*(BuySys3==1),colorSkyblue,0,L,Offset=-60);
PlotShapes(shapeDownArrow*(SellSys3==1),colorSkyblue,0,H,Offset=-60);
PlotShapes(shapeDigit7*(BuySys3==1),colorSkyblue,0,L,Offset=-75);
PlotShapes(shapeDigit7*(SellSys3==1),colorSkyblue,0,H,Offset=75);

//.........................................................................................//
//.........................................................................................//
//.........................................................................................//
//..........................................................................................//


//Level 6//

// Chaloke System2
Length=21;//21,15
Smooth=5; //5,3
FixV=5;
Factor=1;
cmopds=Length;
CMO_1=Sum( IIf( C > Ref( C, -1 ) , ( C - Ref( C ,-1 ) ) ,0 ) ,cmopds ) ;
CMO_2=Sum( IIf( C < Ref( C ,-1 ) , ( Ref( C ,-1 ) - C )  ,0 ) ,cmopds );

CMO=100 * (( CMO_1 -CMO_2)  /( CMO_1+CMO_2)); 

AbsCMO=( abs(CMO) )/100;

SC=2/(Smooth+1);

Chaloke=AMA( C, SC*AbsCMO );

Sys2Up=Chaloke+(Factor*StDev(Chaloke,FixV));
Sys2Dn=Chaloke-(Factor*StDev(Chaloke,FixV)); 


Chaloke_Color=IIf(C > sys2up ,colorBrightGreen,IIf(C < sys2dn ,colorRed,colorBlack));

ChalokeSwitch=Param(".ChalokeSwitch",0,0,1,1);
Plot(Chaloke,"Kook Novice Chaloke System2",colorBlack, IIf(Chalokeswitch==1,1,styleNoLine) );
Plot(Sys2Up,"Sys2Up",colorBlue, IIf(Chalokeswitch==1,1,styleNoLine) );
Plot(sys2Dn,"Sys2Dn",colorRed, IIf(Chalokeswitch==1,1,styleNoLine) );  
Plot(C,"Close",Chaloke_Color,64);
PlotShapes(shapeUpArrow*Cross(C,Sys2UP),colorPink,0,L,Offset=-27);
PlotShapes(shapeDownArrow*Cross(Sys2Dn,C),colorPink,0,H,Offset=-27);
PlotShapes(shapeDigit6*Cross(C,Sys2UP),colorPink,0,L,Offset=-40);
PlotShapes(shapeDigit6*Cross(Sys2Dn,C),colorPink,0,H,Offset=40);


//.........................................................................................//
//.........................................................................................//
//.........................................................................................//
//.........................................................................................//

//Level 5//
Tghlow=Trough(C,1.5);
PKHg=Peak(C,1.5);
PlotShapes(shapeUpArrow*(tghlow>Ref(tghlow,-1)),colorLightGrey,0,L,Offset=-5);
PlotShapes(shapeDigit5*(tghlow>Ref(tghlow,-1)),colorLightGrey,0,L,Offset=-15);
PlotShapes(shapeDownArrow*(PKHg<Ref(PKHg,-1)),colorLightGrey,0,H,Offset=-5);
PlotShapes(shapeDigit5*(PKHg<Ref(PKHg,-1)),colorLightGrey,0,H,Offset=15);
//.........................................................................................//
//.........................................................................................//
//.........................................................................................//



//lEVEL 4/////
///// Chaloke Modified ATR Trailing Stop --


Prev=Ref(HHV(H-2.5*ATR(5),10),-BarsSince(C>HHV(H-2.5*ATR(5),10) AND C>Ref(C,-1)));
AT=IIf( Cum(1)<16 , C,
IIf( C > HHV(H-2.5*ATR(5),10) AND C > Ref(C,-1),HHV(H-2.5*ATR(5),10),
Prev));
Plot(AT,"Chaloke Modified ATR Trailing Stop",IIf(Ref(AT,-1)<C,colorYellow,BckGndColor),1);
//PlotShapes(shapeDownArrow*Cross(AT,C),colorBlue,0,H,Offset=-24);
Plot( IIf( Cross(AT,C) ,L*0.95,Null) ,"",BckGndColor,styleHistogram+styleNoLabel);
Plot( IIf( Cross(AT,C) ,H*1.05,Null) ,"",colorYellow,styleHistogram+styleNoLabel);
PlotShapes(shapeDigit4*( Cross(AT,C) ),colorYellow,0,H*1.05,Offset=-10);
PlotShapes(shapeDigit4*( Cross(C,AT) ) ,colorYellow,0,L,Offset=-10);
//PlotShapes(shapeUpArrow*( Cross(C,AT) ) ,colorYellow,0,L*0.95,Offset=5);
//.........................................................................................//
//.........................................................................................//
//.........................................................................................//
//.........................................................................................//


//--Level 3 
//Kook Auto SEC 
//AUTO SEC Version 1.0// 
// v.1.0 Created By Kook 16 Nov 2005 // 
// v.1.1 1st Update By Kook 17 Nov 2005 // 
// v.1.2 2nd Update By Kook 20 Nov 2005 //Bugs(Last SEC) reported from Mink 

Heading="AUTO SEC Version 1.2"; 

SECUpColor=ParamColor("SEC-UpColor",colorBrightGreen); 
SECDnColor=ParamColor("SEC-DownColor",colorRed); 
SECLastColor=ParamColor("SEC-LastColor",10); 
BckGndColor=ParamColor("BackGroundColor",colorBlack); 
ZZSwitch=Param("ZZSwitch",0,0,1,1); 
Sens=Param("Sens",5,0.5,15,0.5); 
SECSwitch=Param("SECSwitch",1,0,1,1); 

BarPK=BarsSince(Zig(C,Sens)==Peak(C,Sens)); 
BarTGH= BarsSince(Zig(C,Sens)==Trough(C,Sens)); 
Turnpoint=Min(BarPK,BarTGH); 
x = Cum(1); 
lastx = ValueWhen(Turnpoint==0,( x )); 
Daysback = ValueWhen(Turnpoint==0,(Max(PeakBars(C,Sens,1),TroughBars(C,Sens,1))))+1; 

aa =ValueWhen(Turnpoint==0,LinRegIntercept( Close, Daysback) ); 
bb =ValueWhen(Turnpoint==0,LinRegSlope( Close, Daysback)); 
y = Aa + bb * ( x - (Lastx - DaysBack+1) ); 

e= ValueWhen(Turnpoint==0,StdErr(C,Daysback)); 
eU= y + 2*e; 
eL= y - 2*e; 

ColorSEC=IIf(Cross(bb,0) OR Cross(0,bb),BckGndColor,IIf(bb<0,SECDnColor,SECUpColor)); 
Plot( IIf( x >= (lastx - Daysback), IIf( Ref(C,-1) <eU AND Ref(C,-1) >eL,y,Null) , -1e10 ) , "LinReg", colorSEC,4 ); 
Plot(IIf( x >= (lastx - Daysback), IIf( Ref(C,-1) <eU AND Ref(C,-1) >eL,eU,Null) , -1e10 ) ,"",ColorSEC,4); 
Plot(IIf( x >= (lastx - Daysback), IIf( Ref(C,-1) <eU AND Ref(C,-1) >eL,eL,Null) , -1e10 ) ,"",ColorSEC,4); 


PlotShapes(shapeUpArrow*Cross(C,eU),colorWhite,0,L,Offset=-40); 
PlotShapes(shapeDownArrow*Cross(eL,C),colorWhite,0,H,Offset=-40); 
PlotShapes(shapeDigit3*Cross(C,eU),colorWhite,0,L,Offset=-55); 
PlotShapes(shapeDigit3*Cross(eL,C),colorWhite,0,H,Offset=55); 

DaysbackL = LastValue(Min(PeakBars(C,Sens,1),TroughBars(C,Sens,1))); 

Slope= ValueWhen(Turnpoint==0,bb,0); 
Level= ValueWhen(Turnpoint==0,aa,0); 
Err= ValueWhen(Turnpoint==0,e,0); 

Mback= Level + slope*( Turnpoint) ; 
Uback= MBack + 2*Err; 
Lback= MBack - 2*Err; 

ColorSEC2=IIf(Cross(bb,0) OR Cross(0,bb),BckGndColor,IIf(bb<0,SECUpColor,SECDnColor)); 

Plot( IIf( (X>(LastValue(x)-DaysbackL) ),Null ,Mback) ,"",ColorSEC2); 
Plot( IIf( (X>(LastValue(x)-DaysbackL) ),Null ,Uback) ,"",ColorSEC2); 
Plot( IIf( (X>(LastValue(x)-DaysbackL) ),Null ,Lback) ,"",ColorSEC2); 

///////Last SEC/////////////////// 
x = Cum(1); 
lastxL = LastValue( x ); 
DaysbackL = LastValue(Min(PeakBars(C,Sens,1),TroughBars(C,Sens,1)))+1; 
Endbars = IIf(PeakBars(C,Sens,1)<TroughBars(C,Sens,1),LastValue(ValueWhen(C==LLV(C,DaysbackL),X)),LastValue(ValueWhen( C==HHV(C,DaysbackL),X))); 
BarsL=Min(PeakBars(C,Sens,1),TroughBars(C,Sens,1)) ; 

aaL = ValueWhen( Ref(Endbars,-1)!=Ref(x,-1) AND Endbars==x , LinRegIntercept( Close, DaysbackL-(LastValue(x)-Endbars)) ); 
bbL = ValueWhen( Ref(Endbars,-1)!=Ref(x,-1) AND Endbars==x , LinRegSlope( Close, DaysbackL-(LastValue(x)-Endbars)) ); 
eL= ValueWhen( Ref(Endbars,-1)!=Ref(x,-1) AND Endbars==x , StdErr(C,DaysbackL-(LastValue(x)-Endbars)) ); 
SlopeL= LastValue(bbL); 
LevelL= LastValue(aaL); 
ErrL= LastValue(eL); 

MbackL= LevelL + slopeL*( BarsL) ; 
UbackL= MBackL + 2*ErrL; 
LbackL= MBackL - 2*ErrL; 
WL=(UbackL-LbackL)/sqrt((SlopeL*SlopeL)+1); 

Plot( IIf(X>(LastValue(x)-DaysbackL) AND MbackL!=0,MbackL,Null) ,"",SECLastColor,styleNoLabel); 
Plot( IIf(X>(LastValue(x)-DaysbackL) AND MbackL!=0,UbackL,Null) ,"",SECLastColor,styleNoLabel); 
Plot( IIf(X>(LastValue(x)-DaysbackL) AND MbackL!=0,LbackL,Null) ,"",SECLastColor,styleNoLabel); 

PlotShapes( IIf(X>(LastValue(x)-DaysbackL),shapeHollowUpArrow*Cross(C,UbackL) ,Null),11,0,L,Offset=-30); 
PlotShapes( IIf(X>(LastValue(x)-DaysbackL),shapeHollowDownArrow*Cross(LbackL,C) ,Null),11,0,H,Offset=-30); 
PlotShapes( IIf(X>(LastValue(x)-DaysbackL),shapeDigit3*Cross(C,UbackL) ,Null),11,0,L,Offset=-44); 
PlotShapes( IIf(X>(LastValue(x)-DaysbackL),shapeDigit3*Cross(LbackL,C) ,Null),11,0,H,Offset=44); 

aat =LastValue(ValueWhen(Turnpoint==0,LinRegIntercept( Close, Daysback) )); 
bbt =LastValue(ValueWhen(Turnpoint==0,LinRegSlope( Close, Daysback))); 
yt = Aat + bbt * ( x - (Lastx - DaysBack+1) ); 
et= ValueWhen(Turnpoint==0,StdErr(C,Daysback)); 
eUt= yt + 2*et; 
eLt= yt - 2*et; 

//Plot( IIf( x >= (lastx - Daysback) , IIf( x>= LastValue(lastx) AND SECswitch==1 AND MbackL!=0,yt,Null) , -1e10 ) , "LinReg", ColorSEC,styleNoLabel); 
//Plot(IIf( x >= (lastx - Daysback) , IIf( x>= LastValue(lastx) AND SECswitch==1 AND MbackL!=0,eUt,Null) , -1e10 ) ,"",ColorSEC,styleNoLabel); 

//Plot(IIf( x >= (lastx - Daysback) , IIf( x>= LastValue(lastx) AND SECswitch==1 AND MbackL!=0,eLt,Null) , -1e10 ),"",ColorSEC,styleNoLabel); 

//Price & ZigZag// 
Plot(Zig(C,Sens),"",IIf(ZZSwitch==1,colorSkyblue,BckGndColor),8+styleNoLabel); 

//.........................................................................................// 
//.........................................................................................// 
//.........................................................................................// 
//.........................................................................................//


//--Level 2
// RSI with SEC 
//RSI with AUTO SEC Version 1.0//
// v.1.0 Created By Kook 17 Nov 2005    //
// v.1.1  1st Update By Kook 18 Nov 2005 //
SECUpColor=ParamColor("SEC-UpColor",colorBrightGreen);
SECDnColor=ParamColor("SEC-DownColor",colorRed);
SECLastColor=ParamColor("SEC-LastColor",10);
BckGndColor=ParamColor("BackGroundColor",colorBlack);
ZZSwitch=Param("ZZSwitch",0,0,1,1);
SensInd=Param("SensInd",35,0.5,100,0.5);
SECLastColorInd=ParamColor("SECLastColorInd",10);
Ind=RSI(14);
Heading="RSI with AUTO SEC Version 1.0  RSI(14) = ";

BarPKInd=BarsSince(Zig(Ind,SensInd)==Peak(Ind,SensInd));
BarTGHInd= BarsSince(Zig(Ind,SensInd)==Trough(Ind,SensInd));
TurnpointInd=Min(BarPKInd,BarTGHInd);
xInd = Cum(1);
lastxInd = ValueWhen(TurnpointInd==0,( xInd ));
DaysbackInd= ValueWhen(TurnpointInd==0,(Max(PeakBars(Ind,SensInd,1),TroughBars(Ind,SensInd,1))))+1;

aaInd =ValueWhen(TurnpointInd==0,LinRegIntercept( Ind, DaysbackInd) );
bbInd =ValueWhen(TurnpointInd==0,LinRegSlope( Ind, DaysbackInd));
yInd = aaInd + bbInd * ( xInd - (lastxInd - DaysbackInd+1) );

eInd= ValueWhen(TurnpointInd==0,StdErr(Ind,DaysbackInd));
eUInd= yInd + 2*eInd;
eLInd= yInd - 2*eInd;

Color=IIf(Cross(bbInd,0) OR Cross(0,bbInd),BckGndColor,IIf(bbInd<0,SECDnColor,SECUpColor));
aatInd =LastValue(ValueWhen(TurnpointInd==0,LinRegIntercept( Ind, DaysbackInd) ));
bbtInd =LastValue(ValueWhen(TurnpointInd==0,LinRegSlope( Ind, DaysbackInd)));
ytInd = aatInd + bbtInd * ( xInd - (lastxInd - DaysbackInd+1) );
etInd= ValueWhen(TurnpointInd==0,StdErr(Ind,DaysbackInd));
eUtInd= ytInd + 2*etInd;
eLtInd= ytInd - 2*etInd;


PlotShapes(shapeUpArrow*Cross(Ind,eUInd),colorLightOrange,0,L,offset=-60);
PlotShapes(shapeDownArrow*Cross(eLInd,Ind),colorLightOrange,0,H,Offset=-60);
PlotShapes(shapeDigit2*Cross(Ind,eUInd),colorLightOrange,0,L,offset=-75);
PlotShapes(shapeDigit2*Cross(eLInd,Ind),colorLightOrange,0,H,Offset=75);


DaysbackLInd = LastValue(Min(PeakBars(Ind,SensInd,1),TroughBars(Ind,SensInd,1)));
SlopeInd= ValueWhen(TurnpointInd==0,bbInd,0);
LevelInd= ValueWhen(TurnpointInd==0,aaInd,0);
ErrInd= ValueWhen(TurnpointInd==0,eInd,0);

MbackInd= LevelInd + SlopeInd*( TurnpointInd) ;
UbackInd= MbackInd + 2*ErrInd;
LbackInd= MbackInd - 2*ErrInd;
WInd=(UbackInd-LbackInd)/sqrt((SlopeInd*SlopeInd)+1);
WInd2=ValueWhen(TurnpointInd==0,WInd,2);
WInd3=ValueWhen(TurnpointInd==0,WInd,3);
WInd4=ValueWhen(TurnpointInd==0,WInd,4);
WInd5=ValueWhen(TurnpointInd==0,WInd,5);
WInd6=ValueWhen(TurnpointInd==0,WInd,6);
WIndMean=(WInd2+WInd3+WInd4+WInd5+WInd6)/5;

///////Last SEC///////////////////
xInd = Cum(1);
lastxLInd = LastValue( xInd );
DaysbackLInd = LastValue(Min(PeakBars(Ind,SensInd,1),TroughBars(Ind,SensInd,1)))+1;
EndbarsInd= IIf(PeakBars(Ind,SensInd,1)<TroughBars(Ind,SensInd,1),LastValue(ValueWhen(Ind==LLV(Ind,DaysbackLInd),xInd)),LastValue(ValueWhen( Ind==HHV(Ind,DaysbackLInd),xInd)));
BarsLInd=Min(PeakBars(Ind,SensInd,1),TroughBars(Ind,SensInd,1)) ;

aaLInd = ValueWhen( Ref(EndbarsInd,-1)!=Ref(xInd,-1) AND EndbarsInd==xInd , LinRegIntercept( Ind, DaysbackLInd-(LastValue(xInd)-EndbarsInd)) );
bbLInd = ValueWhen( Ref(EndbarsInd,-1)!=Ref(xInd,-1) AND EndbarsInd==xInd , LinRegSlope( Ind, DaysbackLInd-(LastValue(xInd)-EndbarsInd)) );
eLInd= ValueWhen( Ref(EndbarsInd,-1)!=Ref(xInd,-1) AND EndbarsInd==xInd , StdErr(Ind,DaysbackLInd-(LastValue(xInd)-EndbarsInd)) );
SlopeLInd= LastValue(bbLInd); 
LevelLInd= LastValue(aaLInd); 
ErrLInd= LastValue(eLInd);

MbackLInd= LevelLInd + SlopeLInd*( BarsLInd) ;
UbackLInd= MbackLInd + 2*ErrLInd;
LbackLInd= MbackLInd - 2*ErrLInd;
WLInd=(UbackLInd-LbackLInd)/sqrt((SlopeLInd*SlopeLInd)+1);


PlotShapes( IIf(XInd>(LastValue(XInd)-DaysbackLInd),shapeHollowUpArrow*Cross(Ind,UbackLInd)  ,Null),10,0,L,Offset=-30);
PlotShapes( IIf(XInd>(LastValue(XInd)-DaysbackLInd),shapeHollowDownArrow*Cross(LbackLInd,Ind)  ,Null),10,0,H,Offset=-30);
PlotShapes( IIf(XInd>(LastValue(XInd)-DaysbackLInd),shapeDigit2*Cross(Ind,UbackLInd)  ,Null),10,0,L,Offset=-40);
PlotShapes( IIf(XInd>(LastValue(XInd)-DaysbackLInd),shapeDigit2*Cross(LbackLInd,Ind)  ,Null),10,0,H,Offset=40);
//.........................................................................................//
//.........................................................................................//
//.........................................................................................//
//.........................................................................................//


//-- Level1
//Divergence
PKD1=Peak(RSI(14),15,1);
PKD2=Peak(RSI(14),15,2);
PKDD1=PeakBars(RSI(14),15,1);
PKDD2=PeakBars(RSI(14),15,2);
TGD1=Trough(RSI(14),15,1);
TGD2=Trough(RSI(14),15,2);
TGDD1=TroughBars(RSI(14),15,1);
TGDD2=TroughBars(RSI(14),15,2);
Bullish=IIf((TGDD2-TGDD1)>7 AND TGD1 <50 AND TGD2<50 AND TGD1>TGD2 AND ( Ref(C,-TGDD1) < Ref(C,-TGDD2)),1,0);
Bearish=IIf((PKDD2-PKDD1)>7 AND PKD1 >50 AND PKD2>50 AND PKD1<PKD2 AND ( Ref(C,-PKDD1) > Ref(C,-PKDD2)),1,0);
PlotShapes(shapeDigit1*(Bullish==1 AND Ref(Bullish,-1)!=1),10,0,L,Offset=-50);
PlotShapes(shapeDigit1*(Bearish==1 AND Ref(Bearish,-1)!=1),10,0,H,Offset=50);
 

///// Chaloke.com Peak-Trough System /////--Add position 

SensPT=Param("SensPT",1.5,0.5,15,0.5); 
PKPT=Peak(Close,SensPT,1); 
TGHPT=Trough(Close,SensPT,1); 
ColorPT=IIf(BarsSince(Cross(C,Ref(PKPT,-1)))<BarsSince(Cross(Ref(TGHPT,-1),C)),colorBrightGreen,colorRed); 
//Plot(Zig(C,SensPT),"",colorWhite);
PlotShapes( Cross(C,Ref(PKPT,-1)) *shapeUpArrow,colorPaleGreen,0,L,Offset=-55); 
PlotShapes( Cross(Ref(TGHPT,-1),C) *shapeDownArrow,colorPaleGreen,0,H,Offset=-55); 

//Title Module Begin
Change=C-Ref(C,-1);
Title=Name()+"   "+Date()+"   "+EncodeColor(colorPink)+"Chaloke.com 7th Stage of the Heaven System V1.2"+EncodeColor(colorSkyblue)+" Vol="+NumToStr(Volume,1.2)+"\n         "+"O="+Open+"   H="+HHV(H,1)+"   L="+LLV(L,1)+"    Close="+ Close+"  ("+NumToStr(Change,1.2)+" )" +"\n";//Title Module End

5 comments

1. SHARETIPSINFO
about 13 years ago

Stock market short selling – How do you know which stocks to sell**

Making the proper analysis
We sometimes hear about company that it is on the bottom line. But hardly we make an analysis why the company is in bottom line. This could due to the bad leadership of the management. Quality of product may deteriorate, poor marketing and may be due to ineffective sales. The reason may be the outdated technology or products which are nowadays not in demand. When we know that the company is in bottom line we would not like to buy stocks of such a company. Even if we know something having stocks of such a company perhaps we will tell them not to continue with the stock. We may advice then to sell these stocks as soon as possible. But if we want to personally benefit from the information we are having we would sell these stocks short of course. This is known in financial term as short selling. It is always the best advice to go for stock market consultants to benefit from the market.

Short selling
Now the question arises basically what is short selling? Short selling is nothing but the selling of stocks that we (the sellers) do not own. Now the question comes to our mind how it can be accomplished? Without having ownership of these shares how can we sell it? The answer is that the broker will lend us the shares of these stocks from their inventory. The task we have to do is at some point the “short” position have to be closed by us by buying back some of the shares of the company. We will get profit from the difference (If we assume that the price drops). But if we are on the wrong track and if the prices of the stock goes up then we have to buy the shares at a higher price. You should always try to gather much information on BSE, NSE…etc.
.
In general, there are no time restrictions of how long we can keep a short position or have to sell the stocks short. But still we have to keep in mind something. We have to be aware that if we keep it for long time this will cost us more because the stock were bought using margin. Margin means the brokerage money and again there is an interest associated with borrowed fund. We have not bought it.

Why the investors or traders sell stock short? There are two reasons behind it. The first reason is the speculation. The traders or investors feel that the stock of the company is overvalued and it is likely to go lower in the short term. They think that prices of the share will go down and down. The second reason is hedge. The investors wish to minimize the losses in case if they made the wrong call. So, you have come to know stock market short selling – How do you know which stocks to sell?

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2. vinayak
about 13 years ago

Good one.Pl. tell me how use this AFL.Can we use this in nifty also.

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3. tradetoday
about 13 years ago

its too completed . am not understanding . can u kindly expalin how to use it.

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4. worldastro
about 13 years ago

what is the mining of 1-2-3-4 degit
there is 3 or for type of bye or sell signal
pink blue green ? what is the detail ???
plese help !!!!!

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5. moapereira
about 13 years ago

It seems that the formula references FUTURE quotes.
If you backtest this system you may receive outstanding results
that CAN NOT be reproduced in real trading.

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