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Trading System : Using KPL with MIDAS curve

Firsly, the KPL Swing is a simple trend following mechanical trading system. It automates the entry and exit signal. This trading system is very simple and easy to use. It works across multiple time frames and does not require any in-depth knowledge of TA.
In KPL System no targets are given as no one knows how high (or low) the stock price will reach. A trailing stoploss locks in the gains and removes emotions from trading. Secondly,





the the MIDAS System.The MIDAS system of technical market analysis is based on the concept of Volume Weighted Average Price (VWAP). VWAP calculations is being used widely worldwide. A standard VWAP calculation represents the total value of shares traded in a particular stock on a particula  day divided by the total volume of shares traded in that stock on that day.
Here i`m giving a chart using bothe KPL and MIDAS (three lines) curves. As example, BERGER symbol (data updated at 4 Aug, 2010) has been used. In chart its visible that both KPL the Midas are working as support and resistance level. And if we follow KPLs entry and exit signals we can avoid tension as well as big loss.

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Comments

  1. Gaus Rahman PiashAugust 4, 2010 at 7:40 PM

    3 curves are MIDAS. Its green line is now a support line for Berger. At the same time KPL has created a strong resistance line for this script.

    ReplyDelete
  2. AnonymousAugust 5, 2010 at 2:43 PM

    How can I use this in my AB?

    ReplyDelete
  3. Gaus Rahman PiashAugust 5, 2010 at 6:09 PM

    @ Anonymous. visit latest post at http://tatunnel.blogspot.com/2010/08/kpl-midas-code-for-personal-trading.html

    ReplyDelete

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