The System is designed with prime objective of protecting capital and maintaining consistent Equity Curve. Profit generation IS NOT the System Design Parameter. I know this statement will shock a many but if they understand how stock market works and read about stories of failures of many big-wigs, they will find substance in my statement above.

Because System is designed to protect the capital and generate exit signal at slightest hint of problem, many a times during volatile market you will see lot of exits and re-entries are taken. Because of the same reason, System may generate losses in series (which is evident from Performance Report). But overall if you see, this helps in protecting your capital as well as let it grow in bull or bear phase (which is evident from the Equity Curve).

Look at the Equity Curve from October 2005 to March 2012. We witnessed strong rallies and a sharp declines during these periods. ACE Nifty Futures Trading System was able to take advantage both (the rally as well as decline) and helped growth of capital consistently.

• Long Distance View of the Chart with Equity Curve (period - Oct 2005 to April 2012)
  
• Long Distance View of the Chart with Equity Curve (period - Oct 2005 to August 2011)
• Long Distance View of the Chart with Equity Curve (period - Oct 2005 to April 2011)
• Long Distance View of the Chart with Equity Curve (period - Oct 2005 to April 2010)
• Signal Generation (Buy and Short denoted by arrows. Sell and Cover denoted by Stars)
• Convetions Used (Notation System for Buy-Sell-Short-Cover)
  
• Parameters Window Settings - 1
• Parameters Window Settings - 2
• Parameters Window Settings - 3
• Parameters Window Settings - 4
  
• Information Table - Location Left Top
• Information Window - Location Right Top
• Dynamic Resistance-Support Levels (with high volatality setting)
• Dynamic Resistance-Support Levels (with low volatality setting)
• Alert Window
• One Touch Display Theme Change - Black
  
• One Touch Display Theme Change- White
• Volume at Price Display + Normal Coloured Volume
  
• Volume at Price Display for any custom defined number of candles + Coloured Volume
  
• Blank Chart with only candles for sending it over internet without showing any obvious results for complete anonymity
  

Caveats / disadvantages :

• Even when there is a clear uptrend / downtrend, multiple exits and re-entries are taken.
  
  Our View :
• Because the prime objective of the system is to protect capital first, you may see this happening on many occasions. Please do not forget that a clear trend is known only when you are seeing historical data with signals :-). When you are trading at the extreme right edge of the chart with no future data, survival and protection of capital should be the first aspects, we feel. Like they say seer salamat to pagdi pachaas !!!
  
  
• With brokerages coming sgnificantly down in recent times, multiple entries / exits need not be a cause of worry or System Design Parameter, we feel.
  
  
  
• Sometimes, entries are late and by the time we enter, it is too late.
  
  Our View
  
• Yes. This is a short-coming in the present system. This does not happen on break-outs but happens especially when there is too much of volatality during the day. We are working toward developing a better strategy to counter such scenarios. As of writing this on 07.06.2009, this problem is addressed to maximum possible extent. Now the entries happen much earlier on choppy days as compared to previous version.
  

Requirements for ACE Nifty Futures Trading System :

• AmiBroker Standard, Professional OR Ultimate Pack Pro Version 5.20, 5.30, 5.40 OR 5.50 (registered as well as trial version). We have tried our level best for backward compatibility but certain features may not be available in prior version. If you are user of pervious version of AmiBroker, please download trial of this program and test it thoroughly before subscribing for it. Also, since Beta versions / Release Canditates (RC1, RC2, etc.) are not permanent versions, we advice you to run ACE-NTS only in stable i.e. official releases only.
  
  
  
• Nifty Futures Live Data Feed : We are pleased to inform you that we have launched our own direct data service for NSE Cash and F&O Segment from August 2010. For more details, please see : http://www.tradinganalysis.co.in/page.php?page=fno_launched 3 days of free data trial is also available for all new users.
  
  Data feed of NSE Cash (Spot) WILL NOT work. We need data feed of  Current Month Futures of Nifty (NIFTY-I) ONLY for system to generate correct results.
  
  
• Details of live data:
  
• Live data of NSE-Nifty Futures Current Month with no delay
  
• NSE Symbol : FUTIDX. Underlying : NIFTY.
  
• Chart Interval - 5min

• Capital Requirement - 2 Lots of Nifty (currently 50 nos) with necessary buffer of at least Rs.30,000/- excluding brokerage per lot (this is over and above margin requirement of the broker).
  
  
  
• Historical Data : At least 15 days of historical data is recommended for System to generate correct signals.
  

• Operating System : Windows 98 / 2000 / NT / XP / Vista / Windows 7. (32 bit / 64 bit). If your Operating System is other than above, do install trial version of both AmiBroker and ACE Nifty Futures Trading System in your system and check it before subscribing.
  
  
  
• Internet Connection : The Trading System will not be loaded unless you are connected to internet. Even if you wish to see AmiBroker charts during non-trading hours, you have to connect to internet while starting AmiBroker. If you don't, AmiBroker will start but ACE Nifty Futures System will not be loaded. Next time when you start AmiBroker with internet connection ON, it will load the trading system as usual.
  
  
• Microsoft Visual C++ 2008 Runtime - You will also need Microsoft Visual C++ 2008 Runtime for running ACE Nifty Futures Trading System Plugin in AmiBroker. - this is available for download free of cost from Microsoft's website. You may download it from here (downloads directly from Microsoft's website) OR here (downloads from our website)  ~1.7 mb
  
  

• The ACE Nifty Futures Trading System is a user-friendly mechanism to help you take your trading decisions. It gets installed into AmiBroker with pre-defined settings which user need not modify. In other words, you may start using AmiBroker in normal mode and just concentrate on trading signals, forgetting everything else.
  
  
• The system generates visual signals (arrows on charts), visual alerts (in Alert window) and audible alerts (sound signals) when Buy-Sell-Short-Cover signals are triggered.
  
  
• Important : The chart interval must always be 5min. This system is configured and fine-tuned for 5min chart interval of Nifty-I futures. Although it will still generate signals on other time intervals and other symbols, it is not at all recommended. You may incurr losses and face unpredictable results on other symbols / other time intervals.
  
  
• Once system triggers to take a fresh position (say Buy), it shows you the stoploss level for that position. You then place order with your normal ordering routes. If the stock moves in favourable direction, the stoploss level is increased (trailing stoploss). You are then required to modify your stoploss level mentally. Only if the 5minute candle closes and next candle is started with previous candle showing Sell indicator on your chart, you square off your position. This is so because many a times, stoploss is broken when candle is still filling up but when it is completed, the close is well above your stoploss level. Do not square off your position hastily. Also DO NOT wait for 'best bargain' after Signal is triggered.
  
  
• You are supposed to take ALL CALLS generated by the system. On any day (flat / volatile / trending), system generally does not generate more than 2 trades. In 79 months (October 2005 to April 2012), ACE Nifty Futures Trading System generated 2091 calls which gives an average of 1.3 calls per day. A call means a set (Buy & Sell OR Short & Cover).
  

What is so special about your Trading System :

As time passes, market participants change. Many get wiped out, many fresh come in, many seasoned pros change their trading style. All this reflect in the way market responds to a particular scenario. This response can vary as time passes. We have introduced some key parameters in the trading system altering which, we can fine-tune our system and bring it in sync with current market mood. We continuously monitor the market for the change and make alterations wherever necessary to these parameters. If required, we may add new strategy to tackle the current market. Users will always be informed about the new system over email so that they can update their system and ensure that they are always trading with the latest set of rules.

Current Parameters :

In response to the change in the market sentiments, the Trading System Parameters were last changed on 07.06.2009. For user convenience, we will be launching new version whenever there is a change in market sentiments, saving users from having to do this manually.

Change Log :

Trading System Parameters changed on 07.06.2009 - 16:57 PM
Trading System Parameters changed on 26.04.2009 - 11:52 PM
Trading System Parameters introduced on 28.03.2009 - 10:00 AM

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How to subscribe :

• Cash / Cheque / Net Banking to our bank account. Click Here to see our bank details.
  
• Buy online using your Credit / Debit Card.
• Go to Products Section, select the desired subscription period and complete the payment online.
  

Once payment is done, download the Activation Request Form, fill in the details and mail it to us at

Once the payment is done, download the Activation Request Form and mail us same at

What Next ?

Download fully-functional Trial Version of ACE Nifty Futures Trading System.
The installer includes latest AmiBroker Trial version and same will be installed first if AmiBroker is not already installed on your computer. AmiBroker installation is skipped if AmiBroker is already installed on your computer.

Important Note : Download link will be shown only to registered users of this website. Registration with our website is absolutely FREE. You have to be logged on before clicking on the link above else instead of final download page, it will take you to Home Page.

Click Here to register  (opens in new window).
If you are already registered, Click Here to log in (opens in new window).

Do not forget to see online Help Section.  (opens in new window).

• Compatibility with AmiBroker 5.5 Official Release is established.
• Internal Improvements. Major Security Update.

• Compatibility with forthcoming AmiBroker 5.5 (Release Candidate) is established.
• System gives warning if incorrect symbol and timeframe is selected.
  
• Internal Improvements. Major Security Update.

• ACE Nifty Futures Trading System is now compatible with newly launched 5.30 version of AmiBroker. Now it works on version 5.30 as well as 5.20 of AmiBroker Standard, Professional as well as Ultimate Pack Pro.
• New option to close daily position is added.
• Manual Voice Alert added. Now whenever a signal triggers in AmiBroker, you can actually hear from your speakers in manual voice something like “Buy Signal Triggered in Nifty-I at 5343.23”.
• When the signal triggers on any candle, voice and audio alerts continue for the entire candle every time data comes in AmiBroker. At times this becomes annoying. Now users can set time frequency in seconds for audio and manual voice alerts.
• Auto Update feature is added. Now whenever new version of ACE Nifty Futures Trading System is available, the user will be automatically notified and the update will be downloaded and installed automatically.
• The trial now works for 7 calendar days / 25 runs
  
• Other minor fixes.

Since this works on 5-min time-frame, you don't need an astrologer to tell that it is not meant for long term holding. Average holding period is not more than 1-2 days. This was so because it is designed with day-trader in mind who wants to cut down on his losses as much as possible and protect the generated profit. To minimize entries, we could have designed a system to work in a higher time-frame but in that case, losses cannot be as less as we have in 5min time frame (0.7% of 1 lot value presently). It simply means that only if you lose for 142 times in continuation (without a single profit trade), your total capital will be wiped out (brokerage  and leverage given by broker is not considered). According to me, this single most valuable feature will give you confidence to trade this system.

- Abhay Deshpande
  CEO and Developer of this Trading System


Our Views :

This system is not a magic formula which will work in ANY time-frame, or on ANY symbol and can generate UNREALISTIC PROFITS. It works only for one symbol (NSE Nifty - current month futures) and in 5min time-frame. It is not that it does not show signals / generate profits for other symbols / other time-frames but the consistency of Equity Curve and % returns differ a lot. 

We know every trader is different. His psyche, symbol & time-frame traded is different, so also their expectations from such a trading system. We would expect every trial user to go through this entire page as well as the User Guide and observe working of the system during trial period. The trial period is for testing the features and robustness as well as the utility value of the system. You can backtest the system, check the trades in the past, tweak the values of stoploss to see their effect of Equity Curve, etc.. It may / may not generate profit for you in the trial period.

We have found that this system consistently generates profits regardless of Bull or Bear phase. However in choppy market conditions (as we can see from January 09 to March 09 - the longest period of indecisive market phase of Nifty so far), the system DOES NOT generate profits; However, it is able to protect the capital to a significant extent.

The only thing we will now expect from the trader is to fire when signal is triggered on the chart. When the candle is complete and next candle is started with just completed candle showing any signal, we want you to pull the trigger. You may will have to take losses, sometimes in series. But do not forget to see the larger picture too i.e. the Equity Curve for 77 months (October 2005 to February 2012). You can be a winner ONLY IF you take all calls. You CANNOT be selective.  You have to train yourself to trade mechanically removing your own perceptions from trading. Consider this as the biggest hurdle in your path.


Feedback :

We would love to hear from you about whatever you think about this product. Be it suggestions, problems, complaints, just whatever. Please mail us at .

Disclaimer :

Please note that WE ARE NOT FINANCIAL ADVISORS and we DO NOT offer individualized or any sort of recommendations for buying and selling in equities / securities / shares of any sort. Please make sure you read our Disclaimer thoroughly and completely before making a decision to try / buy ACE Nifty Futures Trading System.