MACO PC technique for intraday (high success rate & good risk:reward ratio)

[shakthi]

Hi all iam shakthi new to this forum but old to share market.i have 4 y(t)ears of experience in share market ..usually in any business or job or profession,telling about experience is proud thing but in sharemarket its shy thing am i true or not?...iam not got much loss but after this 4 yrs of exp i got this excellent intraday technique to gain consistently in market ..if any fellow traders want decent profit in intraday pls try this for month .ok enough chat shall we go for technque ...i need ur reply first to post with boost .... THANK U ALL

[rmani84]

Shakthi, please do share ...

A lot of people will only comment when they find the strategy to be good and working ... I am sure you will find lot of readers coming into this thread after they start trying out your strategy ...

[mohan55]

Shakthi,
You pl share it.

[prateek1984]

still waiting for update.............dear

[sureshbarath]

No updates from U Sakthi??Pls respond

[mohan55]

hey Shakthi,
Are you kidding or What?/You disappointed us.
Mohan.M

[shakthi]

sorry guys realy i was out of station all these days so i couldnt reply iam sorry....ok now we go with the set up first....
SETUP : place the following indicator in ur candlestick chart..13SMA(H) and 13SMA(L)...the space between these two is called PRICE CHANNEL ...pls note that market travelling bet this channel is range bound.....now add 5EMA(C) in the chart....add one more indicator 8EMA(C) ,its importance ill tell finaly..

TIME FRAME: 15 or 5 min (works excellent in these two in my experience) use both time frame chart simultaneously for newbe and place order in 15min time frame .

BUY ENTRY: wait for candle to close above 13 sma(h) at the same time value of 5ema(c) shuld be high its very imp..this is the buy setup... now place ur buy stop order above previous candle high...if buy value triggred then ur stoploss is low of previous candle thats it ....now u can travel ur stoploss as per ur risk appetite till u get exit point..

EXIT: actualy there is no target in this technq.. exit point is, whenever 5 ema(c) crosses 8ema(c) from above or candle closes below 8ema(c)...this is the actual exit point... but u can exit at any point whenever u feel like happy and enough...

SELL SETUP AND ENTRY: opposite to this ....any doubt ...mesg me ...reply in next post with chart ok

FILTER: by the way i have to tell about very very imp filter used in this method (RSI) becoz this going to give only strong signal for ur trade ...in this method i used RSI in unconventional way ie..usualy rsi is used with the value of 70 for over bought and 30 for over sold and u people tryto go short at 70 and long at 30 this wrong never do this again in any technq using rsi ...instead change value into 60 and 40 whenever rsi crosses 60 along with buy setup pls go buy and whenever it goes below 40 with sell setup go short ok i hope u all under stand this...This gives more than 93% SUCCESS and "V" type reversal make failure sometime but dont care about that its rare . ..if u have any doubt pls post reply iam ready to clear that thank u ..

[shakthi]

guys iam also using manikandan sir's one rupee coin technq in nifty with almost 100% success rate and i want to thank rmani84 from my heart ....morning i ll do one trade from this before 11.30 or 12.00 (rarely).only one trade perday is very healthy i understand from my experience..after some day ill share best method to catch that ONE POINT IN OPTIONS. thank u guys bye

[asifref]

hi Shakti, Thank you sir.. Seems its good..

[rmani84]

hi Shakti, if u can post a chart as an example, it will be more help..

ya ... take a snapshot when you do an actual trade ... mark the buy and sell points and put it in here ... that will let us understand more ...