|
ACE Nifty
Futures Trading System for
AmiBroker
Click Here for enlarged
View
We ACTUALLY trade on
this system, taking every call and following every
signal as it comes in AmiBroker. Starting with 2 lots, we now have
increased our position size also considerably, re-investing the money
earned. You are most welcome to visit our office and see dedicated
staff trading on the system, on any working day.
We finished 15 months of actual trading on ACE
Nifty Futures Trading System on 30th June 2010. The total returns on 2 lots of Nifty are
Rs.3,23,265/- which comes
to 718% annually (1 lot = Rs.22,500/-). See Monthly Return
Statement.
Features
:
- A complete
trading system showing you automatic Buy-Sell-Short-Cover signals
alongwith stoploss levels in real time.
- Audio and
Visual Alerts.
Stoploss can be defined as % of trading
capital OR as fixed amount per share. Comes pre-loaded with optimum
value for maximum profit with least practical
drawdown.
- Dynamically
updating Resistance-Support Levels.
Simple to use
interface. Just concentrate on one table which is overlaid on your
chart and which gets dynamically updated everytime data comes. Table
displays values such as :
- Current Action to be
taken (Buy-Sell-Short-Cover-Relax)
- Value at
which current action is
triggered
- Quantity (customizable - depends on your
settings)
- Current Market Price
- Stoploss
Value
- Profit / Loss in current open position
- Daily Profit
/ Loss (coming up in next version)
- Profit / Loss
for custom defined periods (coming up in next
version)
Performance
:
See Equity Curve from October
2005 upto April 2010 :
Equity means your
capital
- the money that you invest in the market. Equity Curve
instantly gives you visual feedback about the strengths and weaknesses
of your trading system. See how Equity Curve has managed to climb
higher and higher in bullish and bearish conditions and able to retain
its position in choppy market
conditions.
- See
Detailed Monthly Profit / Loss Statement - From April 2007 to July 2010
Monthly Profit / Loss Statement - August 2010 onwards :
| Period | No. of Trades
| Profit Including Brokerage (without considering brokerage)
| April 2007 - July 2010 (40 months)
| 1181 | Rs.9,98,990/- | August 2010
| 21 | Rs.20/- |
| Total | Rs.9,99,010/- |
- See detailed Backtest Report (with trade list)
generated by
AmiBroker - October 2005 to April
2010
Some key results from the Backtest
Report generated by
AmiBroker are as follows (for 2 lots). To be on the safer side, we have
considered Rs.1,00,000/- as initial
capital.
- Trading Method : 2 lots Only (non-cumulative)
- Expectancy of the
System : 50101
- Net Profit
:
797%
- Net Risk Adjusted
Returns : 7899%
- Exposure : 10%
- Maximum Trade Drawdown : -8%
- Maximum System
Drawdown : -9.66%
- Risk to Reward
Ratio : 5.13
- Largest Profit :
Rs.41,300/-
- Largest Loss :
Rs.25,050/-
- Average Profit per trade : Rs.4602/-
- Average Loss per trade : Rs.2252/-
- Maximum Consecutive Profiting Trades : 6
- Maximum Consecutive Losing Trades : 10
- We launched ACE
Nifty Futures Trading System on 28th March 2009. In just 13 trading
sessions, all those who paid for AmiBroker + yearly subscription of ACE
Nifty Futures Trading System recovered their investment. See the Equity Curve for April
2009.
- It gives us great pleasure to inform you
that ACE Nifty FuturesTrading System, which was launched on 28th
March 2009, has given
287%returns in just 31 trading sessions till
19.05.2009. With trading capital of 2 lots (~Rs.45,000/-)
on 30th March 2009, the Trading System has ending capital of 1,74,350/-
on 19th May 2009.
- See Equity Curve
of ACE Nifty Futures Trading System AFTER IT WAS LAUNCHED - from
April
2009 to November
2009.
- We ACTUALLY trade on
this system, taking every call and following every
signal as it comes in AmiBroker. Starting with 2 lots, we now have
increased our position size also considerably, re-investing the money
earned. You are most welcome to visit our office and see dedicated
staff trading on the system, on any working day.
- Most importantly,
the results cannot be faked.
Signals are same on all PCs (or their could be marginal
difference due to difference in OHLCV data) so you can cross-verify the
Performance Report anytime in your AmiBroker, even during free trial
period.
Objective of the
System (very important)
: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 August 2007
to December 2008. We witnessed a strong rally and a sharp decline
during these periods. The ACE Nifty Futures Trading System was able to
take advantage both (the rally as well as decline) and helped growth of
capital 14 times the
investment.
Screenshots
:
Advantages
:
The System will get
installed in your PC in your AmiBroker
(supports registered users only).
- No need to wait anxiously for
the SMS and worry if you will receive SMS on time when it
should.
- Seeing is
beliving. See the price action on chart
yourself.
- Instant Action can
be taken. In approx. 5 sec. once signal is generated, you should take / close
your position (with whatever profit/loss) - at market price (this is how we trade).
- Personalized System : The System comes pre-loaded
with default optimum values of stoploss but people with less / higher
apetite for loss can modify their system without programming. The
signals will be generated / changed as per your new stoploss parameters
and instantly visible in AmiBroker.
- If you need
further confirmations, you can use your own indicators for
double-check. This is however not recommended as 2 drivers can surely make an accident
!!
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. 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.
Nifty Futures Live
Data Feed : We are currently configuring our direct data
feed from NSE which will start by 3rd-4th week of April
2009. Due to some technical problems,
our direct
datafeed project has been delayed by at least a month. Having failed to
keep our launch date, we will announce
its exact launch date now only once we are definitely sure about it. Do
subscribe to our Google Group to remain updated on this
front. Till this
is done, you must have your own arrangement of Nifty Futures Data
Feed. Please visit http://www.tradinganalysis.co.in/page.php?page=Data-Sources#realtime_EOD_data_BSE_NSE to see a list of AmiBroker compatible data vendors known to us.Even if you arrange for live data feed in MetaStock
Format, AmiBroker can read and import that data in real-time. You do not
need to have MetaStock installed on your System to import MetaStock
compatible data in AmiBroker.
Data feed of NSE Cash
(Spot) will not work. We need data feed of NIFTY Futures-I (Current
month) 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 - 1 Lot of Nifty (currently 50 nos) with necessary
buffer.
- Historical Data :
At
least 1 month of historical data is recommended for System to generate
correct signals. If you need historical data of NIfty Futures for 5
minute, the same is available with us @Rs.200/- per month (we have
historical data from April 2007 till date).
Operating System
: Windows 98 / 2000 / NT / XP / Vista. 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
How System
Works
:
- 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 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 Singal 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 23 months, ACE Nifty Futures Trading
System generated 730 calls which gives an average of 1.6 calls per day.
A call means a set (Buy & Sell - 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
:
Important
: In response to the
change in the market sentiments, the Trading
System Parameters have changed for trading from 07.06.2009. Change the
same using "Parameter Window" for best results in current market
scenario as
below.
A = 14
B = 5
C =
5
D = 5
E =
18
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
Join our Google Group and
stay updated on latest
developments, news and much more regarding AmiBroker and
us. Click on the link "Visit this Group" below to
join.
 |
AmiBroker-India |
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| Join our SMS Group to stay
updated on ACE Nifty Futures
Trading System related developments and important
announcements.
Join SMS
Group |
Subscription
Charges
:
Duration |
Charges in
Indian
Rs.
|
Fully functional 7 calendar days trial
| Free | 1 month (30 days)
| Rs.3,332/-
| 3 months (90 days)
| Rs.8,077/-
| 6 months (180 days)
| Rs.
14,639/-
| 1 year (365 days)
| Rs.25,240/-
| For resale option, please Click Here for more
details.
|
|
How to subscribe
: You can subscribe to ACE
Nifty Futures Trading System in following
ways.
Important :
Please read the 'Requirements'
section above before making payment.
- Cash / Cheque / online money transfer
to our bank
account.
- Buy online using your
Credit / Debit
Card.
- Go to Products Section, select the
desired product(s) and complete the payment online.
All details like
bank account numbers (ICICI Bank as well as State Bank of India)
alongwith details to be sent for first time activations and activation
renewals of existing clients are mentioned in this
document.
Important Note :
You will receive an auto-responder immediately to confirm
receipt of your message. In case you do not see the same in your
mailbox, check your SPAM folder and move it to your inbox first. This
will ensure that you will receive all future mails from this email id.
In case you do not receive auto-responder in 5 minutes, check if you
have written correct email id while sending your subscription
details.
Please note that due to data management and integration
issues,
we do not accept product activation requests over
telephone. Email is
the only supported method. Once the payment is done,
download the Activation Request
Form and mail us same at
 We
generally activate accounts in 4-6 hours during working days / hours
after confirmation of payment at our end. However it will be safe to
assume that this process takes 24 hours and plan accordingly. On
weekends, it may further delay activations. If you do not receive our
mail with subject : Activation
Details for ACE Nifty Futures Trading System !!
even after 24 hours, you may contact us over
email.
What Next
?
Download fully-functional Trial
Version of ACE Nifty Futures Trading System.
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).
Nifty Futures
and other NSE Futures / Cash Scrips' Intraday Data
:
Thanks to Soumya_b at traderji.com who has uploaded the
historical data
below at rapidshare (links to daily intraday data by Soumya_b are also
given
below).
If
you need Intraday data of Nifty Futures
October 2005 to December 2008 in
1min
format as well as other Future Scrips / Cash Scrips of NSE, you can
download the same from Here.
You can also download daily Intraday data of NSE from links below
:
IEOD Data of Cash Scrips : http://www.4shared.com/dir/7885638/133c8ad0/Intraday_Cash_Data.html
IEOD
data of Futurre Scrips : http://www.4shared.com/dir/1945306/b41e3d61/Intraday_Future_Data.html
From Version 1.1 to 1.2 (Date : 04.05.2010)
Some compatibility issues were detected on 64-bit Operating Systems which were preventing automatic update notification on some systems. They are now rectified. ACE Nifty Futures Trading System now works in AmiBroker running on Windows 7 (32 bit / 64 bit), Vista (32 bit / 64 bit), Windows Server 2008 (32 bit / 64 bit), Windows XP (32 bit / 64 bit), Windows ME, 98, 95 Operating Systems.
From Version 1.0 to 1.1
(Date : 22.04.2010)
- 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 and there is no limitation on number of runs in
these 7 days i.e. you can run it unlimited number of times (unlike 25
runs in version 1.0)
- Other minor
fixes.
For
detailed change log and explanation, please download and read latest
User Guide from latest User Guide
Background
:
As
a trader, I was personally overwhelmed when I got AmiBroker in hand few
years back. Before AmiBroker, I had tried many free as well as expensive
charting softwares but knew that something was amiss. Personally as a
trader, I found AmiBroker as a very flexible and powerful platform at
affordable price. So I started using it as a
trader.
Later
on when I started selling AmiBroker in India, I faced a slightly
different scenario. Flexibility, which is the strength of AmiBroker
(thanks to AFL - AmiBroker Formula Language), was becoming a problem
for many. People were looking for quick solutions to their
problems, they wanted something readymade to trade with. Many
were happy with the
AFL that they get in AFL Library at amibroker.com or AFLs discussed at
public forums. But that was not giving confidence to trade for some
traders. Their
purpose of 'all-in-one' Trading System which takes care of their
investment by protecting their capital first and penalizes drawdowns,
was not available to them.
All
along this time, we were listening to the needs of the people and
decided to give them a Trading System that they can trade on.
When
we asked traders
what was the single most important feature that they want in this
system, there were mixed answers but predominently, people wanted to
protect their initial capital and generated profits as their first
priority. With reduced brokerages, multiple entries was not
their main
concern but they wanted to reduce their unnecessarily high number of
positions on a flat day. Keeping these things
as well as other feedbacks in mind, we chose Nifty Current Month
Futures as Symbol and decided 5minute as timeframe to
trade in.
I spent
lot of time in
tweaking AmiBroker as per the requirements and designed so many Trading
Strategies. Some of these
trading strategies worked in a particular time-frame, some had good
entries but bad exits, so on and so forth. Finally, after spending
almost 3 months writing, testing, optimizing, fine-tuning and checking
(Again, all reasearch done by using AmiBroker ALONE), I came out with
this product, ACE Nifty Futures Trading System.
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.
My Views
:
This system is not a magic formula which will work in ANY
time-frame, 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.
I know
every trader is
different. His psyche, symbol & time-frame traded is different,
so
also their expectations from such a trading system. I 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.
I
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 I 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, I 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 2 years. 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.
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.
Feedback
:
I
would love to hear from you whatever you think about this
product. Be it suggestions, problems, complaints, just whatever. Please
mail me at  .
I am waiting
for your response. All feedback mails are personally viewed and answered
me.
Best
regards,
Abhay Deshpande
C.E.O.
www.tradinganalysis.co.in
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