I always insisted my followers and readers here on TraderAdda not to do Intraday or Day Trading. One can do if he/she will be confident enough to do that. Most of the traders fail and loose money while trading intraday. I got too many mails from readers of TraderAdda asking about any system for Positional Trading in Nifty. You may check these positional trading systems I have already posted. So today posting one simple AFL very good for positional trading in Nifty, Banknifty and Liquid stocks on NSE and BSE.
Positional Trading System AFL(for Amibroker users) for Indexes and Stocks:-
This AFL is posted by a fellow trader on Mudra. So credit goes to its Original author and one Who posted it. This AFL is intended to use for DAILY timeframe. For Nifty and Index one can trade in Future and in stocks one can take Delivery and also trade in Future.
Features of Positional Trading System AFL:-
- Buy Sell Signals on Charts
- Targets and Stoploss for only Buy Signals (Meant For Investors or Delivery Traders)
- Gives Some Whipsaw as usual Like other AFLs
- Only for Positional Traders and Delivery Traders.
- Backtesting given good Trades on Nifty. (Check first yourself)
- You can Adjust its parameters as per your convenience.
Password :- traderadda.com
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