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Sourav  
#1 Posted : Monday, April 9, 2007 12:04:59 PM(UTC)
Sourav

Rank: Member

Groups: Registered, Registered Users
Joined: 10/19/2005(UTC)
Posts: 22

Hi,

I am a short term trader trading in the Indian market on NSE platform. I trade in future markets and I prefer lot size of 400-700 units. I trade with RT data feed on a 5 min. setup mainly and taking 60 min. setup as for trend confirmation. I use RSI(5,3), Stoch(5,3,3) and also Stoch RSI to assess the low of any stock. But I get some false signals whereby I am sometimes getting trapped and also my shorts are not being perfect. During trending markets I mostly get sidekicked and fall out of the market. Can somebody please suggest me some indicator or any change in the parameteres of the current indicators to rectify my trading system?

Thanks & regards

Sourav Ghosh

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