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These Indian markets sound like more fun than a trip to Disneyland...
j '-)
--- In equismetastock@xxxxxxxxxxxxxxx, "Hitendra Vasudeo" <hitendra@xx
..> wrote:
> The trading system developed looking at the indian markets.
> The objective is to identify sideways movements and take
> the benefit to sell call and sell put to earn premiums.
>
> The defination of a sideways situation is defined.
> To action has to be initiated only when the ADX is below 20
> and the price have to touch either of the Upper Bands or Lower
> Bands. Sell Call when the price hits the Upper Bands 2 and 3
> Standard Deviation and Sell Put when the price hits the lower
> bands.
>
> Before intiating the the trade you should be prepared to pay
> for the margins and mark to mark difference if they need to be paid.
> Preparation for this will have to done before hand and not be
> suprised later.
>
> The trade is exited only when ADX moves above 20.
>
> I have an EXPERT ADVISOR BUILT on THIS SYSTEM.
>
> Hitendra Vasudeo
> +919820219664
> www.stockmechanics.com
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