nishant

Thanks for the suggestion Nick! What you had written is true. But can still something be looked for in ascertaining the volatile by any means, because there are really few bunches of counters which have high liquidity as well as volatility.

Hello Everyone! Is there any method to determine the highly momentum based and/or volatile counters? And as i'm not sure if i've used the word "momentum" correctly which i'm exactly looking for, hence putting an example to you all: Say, a stock namely "A" is currently trading at 5000 levels. And on an average (considering all the rangebound and trending period) it moves about 100 points on an intraday basis. That is about 2% of the current price. There is another stock "B", trading at 1000. It moves 40 points on intraday basis. That is about 4%. So i want to explore for stocks of the kind "B" which have high intraday movement (in percentage terms, 4% intraday movement as against 2%). Is there any specific indicator(s) which may be used because determining the counters by calculating manually for a long period is pretty cumbersome. I'm not sure if i used the term "momentum based" correctly? If i'm wrong then please let me know the correct term that i'm looking for as described in the aforementioned example. Regards

thanks Walter!

Hello Everyone! I'm grossly confused on what leverage means. Please help me out. I'm putting an example:- Say, i'm having an account balance of $1133 and trading 100000 units as 1 lot and have a leverage of 100:1. So margin shall be $1000. So what does it basically mean? Does it mean that i can bear a loss till $1000 on that particular position or is that i can face a loss till $133 as the cushion towards my prospective loss before i get a margin call? Say for instance if i go short in GBP @ 2.0300 with a limit of 2.0100. What kind of Stop loss will subject me to margin call? What if i set stop loss at 2.0450? At what rate will i receive margin call and will eventually make Stop loss automatically triggered? Further what shall be my position if i'm taking leverage of 200:1 instead of 100:1 with the same scenario above? After how many pips going against me from the level of my entry viz 2.0300 will subject me to a margin call? (or at what rate?) Please help as i'm totally confused with the subject. Else if someone can provide me article links which happens to be exhaustive and makes my query clear. Regards

Hello Everyone, I'm doing research and finding techniques of trading on the markets. I've tested thoroughly on Indian market conditions. But i want to test the validity of findings over various markets. I need metastock data of European (DAX, FTSE) & US market which can be used with metastock. Can anyone provide me with metastock data? I need for both Intraday data as well as EoD data. I know the data shall be bulk in size and i'm sorry for the inconvenience. If one cannot possibly upload all the data may please provide me with Top bluechip scrips.. for instance the stocks comprising DJIA and similarly for the and the likes for European Markets. That will go on to suffice my needs. Regards, Nishant

Its everyone's own opinion basically as regards the software. But to me metastock happens to be more user friendly. Its been three years and atleast for me its been a good experience. Very easy to use! And i primarily trade Index Futures only (Nifty Futures happens to be tradeable Index here in India). So I really find it suitable for intra day trading.

Thanks for all your efforts Knyyt. But i've tried that Will Spread thing before. The said explanation wasn't clear to me. I couldn't plot the willspread. For me the explanation was to vague. Or even if the explanation on Willspread was good enough, i couldnt digest. :o Anyways, thanks again! Nishant

Actually Knytt, i use 2 different versions of Metastock. Version 7.0 for RealTime Trading and Version 8.0 for EoD Analysis. So i need for both basically. I'm tryin hard making all the indicators especially WillVal. I feel its an exceptionally nice indicator. Actually i happen to attend Larry Williams Seminar. So got exposure to all the indicators he uses. I'll collect and give you soon the data as regards the settings which Larry uses (if in case you dont know) required to make WillVal indicator. Will search my notebook soon and provide you. Nishant

Hello Knytt. I was unable to understand the generic terms and subsequently was unable to apply it in metastock format as i realised that the coding that you have given is in the format that the software "Trade Navigator" (Genesis) understands. Can you translate the given formula into Metastock ones as i use the latter as my trading software. Thanks!

Thanks a lot Knytt. I'll try with that.

Hello Everyone, Can anyone please help me in building indicators for metastock? They all are of Larry Williams. I need help for the following 4 indicators - "WillVal", "Commercial Proxy", "LW Sentiment" & "ProGo". (Primarily WillVal) Please, if someone who could decode them. Thank you. Regards, Nishant Somani

Hello everyone, I'm having a weird thought and really had been searching for an answer. Though i basically trade chartistically on making Price and Volume as the main ingredients, i was having a thought and exploring another aspect of trading - System based trading. The immediate big question was "Forex" itself! Trading a limited hour market is fine if a system is followed as one can trade all the trading signals given by system. But generally its impossible rather illogical to follow a system if a person is trading Forex for the fact its a 24 hour market. Say for instance, if a person trades on the 4-hr basis time frame then (say) he can just manage to take every single trade that the system shows. But what if a person trades on 15 min bar, or best to assume if he trades his system on 5 min chart. Its obviously impossible to trade all the setups. What one requires now is the automated buying/selling. So i was wondering if there is/(are) any broker who actually provides for automatic buying/selling if the system's condition are fulfilled which shall mean that you just need to develop a system - feed the conditions - and all the trades shall be executed automatically once the conditons are fulfilled and triggered. Regards, Nishant

Hello Soultrader, Please do provide me with the official you had mentioned and who had been helping you out. I dont know if he happens to be the same person or not but Justin Lawrence is the fellow who had helped me initially when i had a talk. Secondly James, you mentioned about the lowering of margin rates. Please make me understand what you mean by margin rates. Are you interchangeably calling leverage as margin rates? Or is it something else? Please help by providing the details either here or at my email address. Regards Nishant

Hello everyone, I actually had a bit of confusion. I really do weigh all the suggestions and reviews that you all have poured in here regarding establishing links with ACM. But on analyzing futher i realised that "Ernst & Young" happens to be ACM's auditors? I have gone through quite a lot forex broking sites but never came with such piece of infromation from any of them as regards auditors. So doesn't is reflect any kind of genuineness in dealings when it comes to ACM or as a matter of fact any other forex broker just because the auditors are the most reputed ones? Or it doesn't matter whoever the auditor is. @soultrader, i had a bit of detailed talk with Infinity's official. And overall they looked promising to me. Thank you again. Regards, Nishant

Thank you so much Soultrader for providing me with the information. Kind Regards.

Hello and Thank you everyone. Now, i'm interested in knowing about Infinity. Will you please tell me the name of their website. Thanks for suggestion @Raul. Will think about pushing myself to currency futures. Regards

I need reviews on Advanced Currency Markets. I've a query and really wanted someone and especially all who are actually trading with them, rather than relying on the comments from executives of ACM itself with whom i had a talk last week. Currently i'm having account with GCI Financials. But for me, they are a crook! There is so much of slippage when trading with GCI, which on asking them before getting an account opened they denied! So i will be getting account closed with them. I wish to know if there is slippage with AC-Markets though they mention that they do guarantee fills! This is where i need help from anyone who's broker is ACM. If i trade any major economic announcement and put stop buy/sell orders then do they really fill such orders at my designated prices? Or slippage is there? Secondly do they increase the spreads during those times? If yes, then what is their usual increased spread?