Please watch the video on daily and weekly hammer and morning star. You will find scanners that you can use to scan all stocks on daily and weekly basis to find these patterns. To get the scanner links, please whatsapp "Hammer Scanner" and/or "Morning Star Scanner" on 8483829386.
Please watch the video on daily and weekly hammer and morning star. You will find scanners that you can use to scan all stocks on daily and weekly basis to find these patterns. To get the scanner links, please whatsapp "Hammer Scanner" and/or "Morning Star Scanner" on 8483829386.
The maximum draw down was during 317%. This was during the Covid period when almost all open trades crashed more than 20% and hit their SLs 😂. But this was covered in next 4 months.
Amazing... got some new insights realted to backtesting... thank you. Couple of questions: 1. From which source is the python script is getting the stock data... for NSE or through some api of a trading platform or some other website. 2. In the daily hammer pattern the accuracy was 70% plus vs 50% on weekly basis. I was expecting a higher accuracy given a larger time frame. If possible, could you please share the snip of daily hammer and morning star (percentage gain and count of gain and loss) like in this video around 34th min. Or clarify the reasoning. Once again, thank you so much for this video, no one explains the data analysis like this. Looking forward for more such videos.
Thanks, here are my responses. 1. The stock data is sourced from Yahoo Finance. Python has inbuilt modules, yfinance and pandas, to get this data. It’s from NSE and is free. 2. Well the reason is simple. In daily hammer video, we looked at some very precise conditions which increases the overall accuracy. U looked at data of all hammers, segregated that by multiple factors and then finalised which factors, which variables gives maximum accuracy. We thereby eliminated trades which were kissing trades. Hence accuracy was higher there. In weekly setup, we considered all hammers, irrespective of their shape and size and location on chart. Hence lower accuracy. This is first reason. Second, the setup in this video has just one goal. Take an entry based on hammer or morning star, and ride the trend if it’s strong. We are not actively managing anything else. You can call this a passive trade setup. That also impacts accuracy to some extend. Hope this clarify your doubts.
in this video the hammers and morning star patterns are scanned with location and all other rules as mentioned in previous videos or are just scaned randomly? Can you please help in creating a weekly scanner used in video over chartink or any other platform for both the patterns? Thanks
The patterns used for this analysis are all patterns, irrespective of where they form or if they follow any rules. All valid patterns were considered. For scanner, Please watch the video on weekly hammer and morning star, released just before this video. You will find a scanner that you can use to scan all stocks on weekly basis to find these patterns. To get the scanner links, please whatsapp "Hammer Scanner" and/or "Morning Star Scanner" on 8483829386.
Well I can, But algos are not suitable for such trade setups. You should ideally use algos only for high frequency, repetitive trade setups where immediate actions are essential. This trade setup requires you to actively take action only once when you enter the trade on a Monday and then just to trail your SL at end of day, post market hours. So my view, Algo for this will be a waste of efforts as well as money.
Amazing Analysis! I want to take an entry based on this indicator (Breaker Blocks), which is in the trading view. How can I get Python code for this? Is making strategies based on indicators tough?
Thanks! Coding a strategy based on a pre-defined indicator in Trading View is tough in Python, but can be done using Pine Script. Its trading view's specialised coding language. You will need to find an expert who builds pinescript strategies and get it coded.
@@intliriacademy Thank you so much! I’m a software engineer by profession, and I enjoy experimenting with Pine Script in my free time. The way you explain concepts and present your analysis is truly impressive and insightful. I’m inspired to follow your roadmap and implement these strategies-it’s a fantastic resource for someone like me looking to deepen my understanding. Keep up the amazing work!
Yes, I do. But I don't teach Intraday here on TH-cam. I believe Intraday should only be done by seasoned traders with good profits already in hand. We do cover Institutional level Intraday strategies, applicable in Commodities as well as Forex and Cryptos in our 10X Smart Trader Program. But that is covered only after the a certain level of proficiency is achieved in swing and positional trading, and the basics are absolutely clear.
Ye trades pure 10 saak ke trades hai, jo pichle 10 saal ke market ke sare scenarios me liye gaye hai. 2015 ka crash, 2018 ka correction, 2019-20 ka covid ka impact and 2020 se 2024 tak ka Bull run, sab kuch isme covered hai. Jab bhi setup bane, aur breakout mile, tab trade liya, irrespective of market conditions.
Sir Hammer ko entry thi agar hammer strong hain to hammer break pe stop-loss sahi hain agar hammer hi break hogaya to hamari search bekar , behtar hoga hammer ke 5 point neeche
Agree. Baas ek chota sa concept hota hai liquidity ka. Kayi baar price hammer ke low ke niche aati hai, liquidity leti hai aur fhir upar move karti hai. Isko institutional trading language me liquidity grab ya liquidity sweep kehte hai. Isse bachne ke liye price ko thoda room dena zaruri hai, specially weekly ya usse bade time frames me.
Thank you sir❤ but hum aise hammer kaise find krege mtlb ek ek stock m check krege tb tk to movement aa chuka hoga exact jb hammer bne hume pta chl jae aisa jo skta?
Please watch the last video before this. Weekly analysis of Morning star and Hammers. Link below. Uss video ke end me bataya hai ki daily scanners ko kaise change karna hai, weekly patterns find karne ke liye. And daily scanners to aapke paas already honge hi.
Thank you so much for sharing such a simple and effective strategy. It is really amazing . Can you please also let me know what will happen in the P/L if we keep 50 WMA as trailing stop loss.
I will need to check this once. Am travelling till end of next week. Will run a test once am back in office and let you know what I find. Hope that’s ok.
The strategy and the results seems to be very much favourable but it is really a very hard task to analyse 2200 stocks every week. Any screener would have made the task easier for us. Overall a good analysis and good video.
Thanks. Please watch the video on weekly hammer and morning star, released just before this video. You will find a scanner that you can use to scan all stocks on weekly basis to find these patterns. To get the scanner links, please whatsapp "Hammer Scanner" and/or "Morning Star Scanner" on 8483829386.
Well, there is a linear relation between Stop Loss percentage and overall profitability as well as accuracy. Means, the more you increase the SL %age, overall profits increases and accuracy increases as well. The smaller the SL, the faster you will be thrown out of the trade, reducing your profits from winning trades. However, there is a tipping point at 20% where you achieve the best combination of SL and trade duration. So I went ahead with that level. 5% SL will reduce the accuracy as well as profitability drastically, with smaller trade duration. 30% SL will increase the Profitability and accuracy but the trade duration will be too long.
Is video me jo data hai, wo hammer aur morning star dono ka hai. Morning star isime included hai. And Morning star pe already 2 detailed videos channel pe hai. Please watch them once.
@ well that’s institutional trading. It takes a lot of sessions and hours of training to teach that. Am trying to put a program together on Institutional trading strategies and smart money concepts. Should be available in another couple of weeks or so. Stay tunned.
*Your hardwork and compilation of stocks are damn fantastic but profit ratio is not satisfying me.* *And we look farward uptrend stocks weelky and gives immence return.* *I lke it with soft courtsy*
Agree. Har pattern banne ke piche ek specific reason hota hai. Wo reasons samzane ke liye aur samazne ke liye bohot time dena padta hai. And aaj kaal time hai kiske paas😀
It's impossible sir ji kyuki 2200 stocks me position nahi banasakte aur aapna coding ye maanke chalraha hai ki har trade me entry hai magar ye possible hi nahi hai. Suppose 1cr ka capital hai aur each trade me 10 lac dale to sirf 10 stocks me hi position le sakte hai.
Agree, isiliye maine video me bhi kaha hai ki ye returns practical nahi hai. Haar trade hum le nahi sakte. But agar aap aadhe ya 1/4 trades bhi lete ho, tab bhi RR aur Accuracy same hi rahegi almost. So it works. Second thing, 10 trades agar lete ho to wo kabhi exit bhi honge, right. Average trade duration karib karib 6 weeks hai. So har 6 weeks me aap 10 trades le sakte ho on an average. Matlab saal ke almost 90 trades. I think itne kafi hai paise kamane ke liye. Aapko kya lagta hai?
@intliriacademy sir no. Of trades aur RR ratio se jyada monthly % pe dhyan deta hu agar apne capital pe monthly 3% bhi ajaye to MTF me wo 15% hojayega agar 5X wale stocks me le to.
Yes. It is a good setup.
Thanks
Can you please help in creating a weekly scanner used in video over chartink or any other platform for both the patterns?
Please watch the video on daily and weekly hammer and morning star. You will find scanners that you can use to scan all stocks on daily and weekly basis to find these patterns. To get the scanner links, please whatsapp "Hammer Scanner" and/or "Morning Star Scanner" on 8483829386.
Morning star & hammer pattern ke liye screener kaise banaye ?
Please watch the video on daily and weekly hammer and morning star. You will find scanners that you can use to scan all stocks on daily and weekly basis to find these patterns. To get the scanner links, please whatsapp "Hammer Scanner" and/or "Morning Star Scanner" on 8483829386.
What is the maximum drw down?
The maximum draw down was during 317%. This was during the Covid period when almost all open trades crashed more than 20% and hit their SLs 😂. But this was covered in next 4 months.
Great Setup 🎉
Excellent going Sir
Thank you 🙌
Wanted more videos like this video.
Stay tuned! Let me know if there is any specific requirement.
Subscribed ❤
Thank you 🙌
Amazing video again!
Thank you 🙌
Amazing... got some new insights realted to backtesting... thank you. Couple of questions:
1. From which source is the python script is getting the stock data... for NSE or through some api of a trading platform or some other website.
2. In the daily hammer pattern the accuracy was 70% plus vs 50% on weekly basis. I was expecting a higher accuracy given a larger time frame. If possible, could you please share the snip of daily hammer and morning star (percentage gain and count of gain and loss) like in this video around 34th min. Or clarify the reasoning.
Once again, thank you so much for this video, no one explains the data analysis like this.
Looking forward for more such videos.
Thanks, here are my responses.
1. The stock data is sourced from Yahoo Finance. Python has inbuilt modules, yfinance and pandas, to get this data. It’s from NSE and is free.
2. Well the reason is simple. In daily hammer video, we looked at some very precise conditions which increases the overall accuracy. U looked at data of all hammers, segregated that by multiple factors and then finalised which factors, which variables gives maximum accuracy. We thereby eliminated trades which were kissing trades. Hence accuracy was higher there.
In weekly setup, we considered all hammers, irrespective of their shape and size and location on chart. Hence lower accuracy. This is first reason.
Second, the setup in this video has just one goal. Take an entry based on hammer or morning star, and ride the trend if it’s strong. We are not actively managing anything else. You can call this a passive trade setup. That also impacts accuracy to some extend.
Hope this clarify your doubts.
Amazing vedio again 😍
Thank you 🙌
Very good morning Sir ji 🙏🙏
Great analysis,
Great Data director
Thanks a lot
Thank you 🙌
in this video the hammers and morning star patterns are scanned with location and all other rules as mentioned in previous videos or are just scaned randomly? Can you please help in creating a weekly scanner used in video over chartink or any other platform for both the patterns? Thanks
The patterns used for this analysis are all patterns, irrespective of where they form or if they follow any rules. All valid patterns were considered. For scanner, Please watch the video on weekly hammer and morning star, released just before this video. You will find a scanner that you can use to scan all stocks on weekly basis to find these patterns. To get the scanner links, please whatsapp "Hammer Scanner" and/or "Morning Star Scanner" on 8483829386.
@ thanks for the reply. Looking forward for more such videos. Also if you can please help is learning video on how you have coded them in python.
Can you code in Python an algo (with same parameters) to trade in individuals account on Paid Basis ?
Well I can, But algos are not suitable for such trade setups. You should ideally use algos only for high frequency, repetitive trade setups where immediate actions are essential. This trade setup requires you to actively take action only once when you enter the trade on a Monday and then just to trail your SL at end of day, post market hours. So my view, Algo for this will be a waste of efforts as well as money.
Amazing analysis 🙏
Thank you 🙌
Amazing Analysis! I want to take an entry based on this indicator (Breaker Blocks), which is in the trading view. How can I get Python code for this? Is making strategies based on indicators tough?
Thanks! Coding a strategy based on a pre-defined indicator in Trading View is tough in Python, but can be done using Pine Script. Its trading view's specialised coding language. You will need to find an expert who builds pinescript strategies and get it coded.
@@intliriacademy Thank you so much! I’m a software engineer by profession, and I enjoy experimenting with Pine Script in my free time. The way you explain concepts and present your analysis is truly impressive and insightful. I’m inspired to follow your roadmap and implement these strategies-it’s a fantastic resource for someone like me looking to deepen my understanding. Keep up the amazing work!
आपकी मेहनत को सलाम..
🙏🙏🙏
Thank you 🙌
VERY USEFUL INSIGHT, Thanks
Thank you 🙌
Simply superb sir
Thank you 🙌
Do u have anything for intraday mcx market
Yes, I do. But I don't teach Intraday here on TH-cam. I believe Intraday should only be done by seasoned traders with good profits already in hand. We do cover Institutional level Intraday strategies, applicable in Commodities as well as Forex and Cryptos in our 10X Smart Trader Program. But that is covered only after the a certain level of proficiency is achieved in swing and positional trading, and the basics are absolutely clear.
Happy new sir
Ye setup sahi hai sir
Thank you 🙌
Kya ye trade overall market negative or all time high pr liye gye hai
Ye trades pure 10 saak ke trades hai, jo pichle 10 saal ke market ke sare scenarios me liye gaye hai. 2015 ka crash, 2018 ka correction, 2019-20 ka covid ka impact and 2020 se 2024 tak ka Bull run, sab kuch isme covered hai.
Jab bhi setup bane, aur breakout mile, tab trade liya, irrespective of market conditions.
Sir Hammer ko entry thi agar hammer strong hain to hammer break pe stop-loss sahi hain agar hammer hi break hogaya to hamari search bekar , behtar hoga hammer ke 5 point neeche
Agree. Baas ek chota sa concept hota hai liquidity ka. Kayi baar price hammer ke low ke niche aati hai, liquidity leti hai aur fhir upar move karti hai. Isko institutional trading language me liquidity grab ya liquidity sweep kehte hai. Isse bachne ke liye price ko thoda room dena zaruri hai, specially weekly ya usse bade time frames me.
Thank you sir❤ but hum aise hammer kaise find krege mtlb ek ek stock m check krege tb tk to movement aa chuka hoga exact jb hammer bne hume pta chl jae aisa jo skta?
Week me mannual kro ya screener bhi use kr sakte ho
Please watch the last video before this. Weekly analysis of Morning star and Hammers. Link below. Uss video ke end me bataya hai ki daily scanners ko kaise change karna hai, weekly patterns find karne ke liye. And daily scanners to aapke paas already honge hi.
Very nice analysis sir.. Lots of work you did..🫡🫡
Thank you 🙌
Nice Video 👍
Thank you 🙌
Thank you so much for sharing such a simple and effective strategy. It is really amazing .
Can you please also let me know what will happen in the P/L if we keep 50 WMA as trailing stop loss.
I will need to check this once. Am travelling till end of next week. Will run a test once am back in office and let you know what I find. Hope that’s ok.
The strategy and the results seems to be very much favourable but it is really a very hard task to analyse 2200 stocks every week. Any screener would have made the task easier for us. Overall a good analysis and good video.
Watch earlier video of sir
Thanks. Please watch the video on weekly hammer and morning star, released just before this video. You will find a scanner that you can use to scan all stocks on weekly basis to find these patterns. To get the scanner links, please whatsapp "Hammer Scanner" and/or "Morning Star Scanner" on 8483829386.
2 days se confused tha ki fno karu ki swing trading karu
😀 And finally kya decide kiya?
जबरदस्त
Thank you 🙌
If we take 10%/15%/25% instead of 20% as stop loss then what is the result
*Nevertheless U will be 17.331% profit but it's not ordinary*
Well, there is a linear relation between Stop Loss percentage and overall profitability as well as accuracy. Means, the more you increase the SL %age, overall profits increases and accuracy increases as well. The smaller the SL, the faster you will be thrown out of the trade, reducing your profits from winning trades. However, there is a tipping point at 20% where you achieve the best combination of SL and trade duration. So I went ahead with that level.
5% SL will reduce the accuracy as well as profitability drastically, with smaller trade duration. 30% SL will increase the Profitability and accuracy but the trade duration will be too long.
Yes very good
Great
super
Thank you 🙌
Sir morning Star per bhi ek analysis sir
Is video me jo data hai, wo hammer aur morning star dono ka hai. Morning star isime included hai. And Morning star pe already 2 detailed videos channel pe hai. Please watch them once.
Plz analyse the data on Operators psychology with entry and stoploss hit target...
@LuvOfficial37 Sure, can yo please clarify exactly what you need in the analysis?
@intliriacademy market levels(Certain level of point) where operators stop loss hit and a big movement comes in picture..
@ well that’s institutional trading. It takes a lot of sessions and hours of training to teach that. Am trying to put a program together on Institutional trading strategies and smart money concepts. Should be available in another couple of weeks or so. Stay tunned.
Yes sir.. 3RR WITH 50% ACCURACY IS VERY GOOD..
Great.
Profitable
Great
*Your hardwork and compilation of stocks are damn fantastic but profit ratio is not satisfying me.*
*And we look farward uptrend stocks weelky and gives immence return.*
*I lke it with soft courtsy*
Thanks
Log pattern dhundhte h but koi vo nhi dhundhta ki pattern kyo bnta h . Jis din e dhundhne lge share market khel ho jayega.
Agree. Har pattern banne ke piche ek specific reason hota hai. Wo reasons samzane ke liye aur samazne ke liye bohot time dena padta hai. And aaj kaal time hai kiske paas😀
maja aa gaya
Thank you 🙌
Bawal hai sir
😁
It's impossible sir ji kyuki 2200 stocks me position nahi banasakte aur aapna coding ye maanke chalraha hai ki har trade me entry hai magar ye possible hi nahi hai. Suppose 1cr ka capital hai aur each trade me 10 lac dale to sirf 10 stocks me hi position le sakte hai.
Agree, isiliye maine video me bhi kaha hai ki ye returns practical nahi hai. Haar trade hum le nahi sakte. But agar aap aadhe ya 1/4 trades bhi lete ho, tab bhi RR aur Accuracy same hi rahegi almost. So it works.
Second thing, 10 trades agar lete ho to wo kabhi exit bhi honge, right. Average trade duration karib karib 6 weeks hai. So har 6 weeks me aap 10 trades le sakte ho on an average. Matlab saal ke almost 90 trades. I think itne kafi hai paise kamane ke liye. Aapko kya lagta hai?
@intliriacademy sir no. Of trades aur RR ratio se jyada monthly % pe dhyan deta hu agar apne capital pe monthly 3% bhi ajaye to MTF me wo 15% hojayega agar 5X wale stocks me le to.