Directional Feature: "Wait & Trade" | Trend Following Setup on Stockmock without using Indicators

[@kabirkhanna9917]

Thanks a lot Nitish for this wonderful feature.

[@stockmock]

Thanks Kabir

[@chitskanmani]

You made my day my friend

[@stockmock]

So glad to know this :)

[@anupblogs5686]

Steve jobs of back testing ,Awesome bro

[@sushilb001]

How can someone execute this manually? Can someone give inputs on this.. Should I note down premium at 9:57, add whatever points in it and add pending buy order at that price? what will be best way to execute wait and trade manually?

[@ketanmaroo1960]

In a single word. AMAZING Nitish

[@stockmock]

Thank you Ketan bhai!

[@ashutoshgawande]

Nitesh amazing job 👍, is there any way to request for features?

[@madhukumar2972]

Can you suggest best algo for this strategy

[@akshaypatni]

thanks a lot, Nitish. it really helps a lot. that's the thing I was waiting for a long time. you're amazing....!!

[@stockmock]

Great! Thank you :)

[@rockyr3722]

Can we get 30k drawdown option buying strategy ? pls.........

[@govindachate4292]

Doesn't this have feature of stocks? And adding indicators?

[@rinkeshmehta6860]

Can we set auto live if any strategies we choose ? If yes then pls tell me about demat account is map with this software

[@ramlaltransformer]

superb sir

[@stockmock]

Thanks a lot 😊🙏

[@ShreyaK-q8j]

Sir, using wait & Trade, when I sell call or put, I want to buy a corresponding hedge immediately, How do I do this ?

[@kirankumar-pu2nx]

One of the best feature. Made the impossible .. possible. Great work by StockMock team. Keep rocking.

[@stockmock]

Thank you so much Kiran :)

[@indexoption3120]

Amazing effort by nitish sir again rock on

[@stockmock]

Thank you so much :)

[@hellodhev]

Wow. It's really great . Deviced one statergy using this and trade it tomorrow

[@stockmock]

Disclaimer: Don't immediately start to trade it. First forward test it (paper trade), then start small with 1/2 Lots and then after gaining confidence increase slowly :)

[@Shan020890]

You people are doing great work God bless 💐💕

[@stockmock]

Thanks a lot 😊🙏

[@Tradinglive9555]

VERY GOOD FEATURE...PLZ ADD THIS FEATURE ON QUANTIPLY....THNKS

[@sandeepsingh-tn8dm]

Commendable 👍

[@stockmock]

Many Thanks! :)

[@Santhosh_Mashabattula]

Dear sir How can i back test if only either CE or PE buy for my personal strategy some particular time candle brakeout For exp If 9.45 to 9.50 BNF candle breakout high or low If high breake then atm CE option buy If low breake then atm PE option buy How can i proceed fot backtest please help me sir

[@12390730]

Very good job 👍.but one doubt. How to trade the wait and trade feature because quantiply has not incorporated this feature it seems.

[@stockmock]

They will soon :) Until then paper trade or trade small quantity if manually

[@12390730]

@@stockmock thank u🙏

[@akshaynaik5383]

Can you do same thing with the combined premium ? example if the combined premium increases by 10pct we sell a straddle . Thanks

[@stockmock]

Noted.

[@gitinarora3866]

This is a very useful feature Nitish, thanks for explaining.

[@stockmock]

Yes it is. Thank you 🙏

[@rajputjps]

Just back tested a simple straddle with reverses buy [ as you have demonstrated using basket feature] and on analyzing the trades found one problem. The two strategies work independently. For example if a CALL is sold at 108 an its S.L is say 40% [ 152] then it remains sold [ TILL IT REACHES 152] while Buy strategy buys the same Strike CALL at 124, if the buy Price goes up by say 15%[ if one has kept the wait and trade up level as 15%] then the sold CALL is already squared off at 124( but the trade log is showing sold CALL being squared at its 40% S.L Level of 152. So cant trade in one trading account. Needs Two Trading Accounts

[@stockmock]

Yes offcourse. If Buy coincides with sell side the 2 options are there 1) you create sell as MIS order and Buy as NRML order or 2) Have different accounts. What we have shown in the example is the same SL on Call & Wait Buy, means as soon as Sell exits we only then Enter the Buy leg

[@rajputjps]

@@stockmock Thanks. Good feature anyways,no doubt!

[@parthoza7543]

Show some positional example as well as i m low on paid credit ;)

[@stockmock]

Right now this works on Intraday, and not Positional :)

[@venkatasivaramposa9953]

Sir you r great gift to the retail traders. With this u showed better results to our trading edge. Hope retail traders have this opportunity to understand your video out put

[@stockmock]

Thats so nice of you. Thanks a lot🙏😊

[@ruhitdas8874]

Koi batayega iss website ki backtesting results kitna correct hai?

[@stockmock]

Better than asking, validate yourself using free-credits and seeing last month data for free.

[@PranavShinde]

Hi, is wait and trade not available in futures? Not able to get the results, kindly clarify. Thanks for all these great efforts!

[@ppkr123]

Hi Nitish very good feature..But when we select wait&trade option move SL to Cost function is not working. In wait&trade if both the legs got executed and one leg SL got triggered, if we want to move SL to cost of other leg…what to do ??

[@MultiSomeonehere]

Amazing!, Loved it. But who is that 6 dislikes? Must be the people who charge thousands of rupees to teach option strategies and paid webinars

[@stockmock]

There will always be someone who don't like you ;)

[@santhoshbpclkochi]

Is this feature available in quantiply to automate trades

[@stockmock]

Not yet, may be soon!

[@Asisrs]

I accidentally put double qty as SL in my short straddle and profit was amazing... But I never had the method to test it... But now it's possible... Thanks a lot stockmock... U guys are just amazing

[@stockmock]

That’s nice. Thank you 😊

[@tradingstreet8540]

How do you put double quantity as SL in stock mock?

[@stockmock]

Trading Street Didn’t get the query. Can you pls give an example?

[@tradingstreet8540]

@@stockmock in the previous comment it is mentioned that he backtested a straddle strategy by keeping twice the quantity as stoploss. How do you test this in stock mock?

[@tradingstreet8540]

@@stockmock in the previous comment it is mentioned that he backtested a straddle strategy by keeping twice the quantity as stoploss. How do you test this in stock mock?

[@wp7342]

I dont have an algo setup. Can I do wait and trade straddle manually?

[@silambarasank4149]

sir i have a doubt please clarify me. where the ATM(at the money) is taken for backtesting is as per spot price or future price in banknifty. reply me I am the user of stock mock.

[@subhalkhanna9886]

it is spot price always

[@KishankumarPatel]

Awesome.. please consider to add range break out strategy and previous day high low comparison for entering condition.

[@stockmock]

Noted.

[@surajsingh-kj7wx]

😂😂😂😂😂😂

[@nishantjadaun]

Hi Nitish, What is the logic of keeping different SL for CE & PE in Nifty Demo strategy? Or was it a mistake?

[@stockmock]

No. Its not a mistake. There are lots of people who try diff sl on each leg.

[@poojanpatel4136]

Sir in index options how much % slippage we should consider ? What % slippage you observed in NIFTY and BANKNIFTY ? I know that is not fixed, but I want to know the average slippage we should enter in backtesting... Please 🙏 sir reply whenever you are free... Thanks a lot for this great platform you give us...

[@stockmock]

Anything between Nifty 0.5 to 1% and BN 1% to 2%

[@poojanpatel4136]

@@stockmock sir if we consider 2% slippage in BN then 800 rs. Average daily profit drastically fall at 400rs.average daily profit... This is too much... Do you mean 0.2% or 2 % fully?

[@stockmock]

@@poojanpatel4136 Yes thats why you must know what number is realistic for you. It can be 1% or 1.5% or 2%. Always match real trade result with Backtest and then finalise the number.

[@poojanpatel4136]

@@stockmock Generally... In algo trading there is less slipagges compared to manual execution... Is it true?

[@stockmock]

@@poojanpatel4136 Algo leads to faster execution, and hence better. Regarding Slippages in SL-M orders, it will be same in both cases as Stop Loss orders are there with exchange and no can do anything if you face slippage there.

[@maheshpatel4375]

How many strategies we can deploy in Quantiply...and is it allowed to take same entry time and same exit time in my all deployed strategies?

[@jambunathbc]

Needs voice audible

[@mssriram2]

Interesting feature. However, please add a facility to enter upper time limit for the trigger to happen. For instance, I don't want the 10% trigger to happen near my Exit time and then go into a loss for want of time. So 10% should happen before, say, 1pm... something like that (my exit time may be 3pm whatever). Thanks.

[@jeetsethiya]

Why you backtested from Feb 2019 n not from 2017?

[@stockmock]

No specific reason. When you switch from Nifty to BN date remains feb 2019.

[@mp6674]

Well timed by adding a buying strategy backtest as margins are increasing for sellers👍

[@stockmock]

Yes ;)

[@amruth2545]

The main thing everyone expects is less drawdown so we can add our capital every year and do compounding

[@tubevenkat]

Thanks for adding this feature. Also it would be good to have premium matching features

[@pradipshome8875]

sir with the help of back testing on selling side we made certain strategy and it is working fine for last one month. We friends were thinking how to convert the one leg of selling to synthetic future few days back and how to back test it . Thanks to the stockmock that now i am able to test my strategy of buying also. It is really a path breaking .

[@stockmock]

That's awesome then :)

[@mukeshbhaiji1337]

good strategy ... But the challenge is how to execute these flawlessly ... It would have been really good if you can tie up with some broker like Zerodha and help execute these as well (basically a bot)...

[@stockmock]

Yes. For seamless execution, algo is the way to go. You can try Quantiply

[@nileshparab7142]

*Excellent is the word* Too much to ask for but ( yeh dil maange more ) - is it possible in near future, We can back test weekly strategies for 8-10 days before expiry, rather than max 4 days before expiry currently.

[@stockmock]

Thank you so much! Noted the request 😊

[@Asifshaik3545]

I created my strategy and also taking live trade based on my strategy..can you include both move sl c2c and wait & trade as one strategy. I will help a lot to minimise my losses

[@YashSharma-pj4qh]

sirji thoda mic pe kharcha karo

[@stockmock]

bahut Jald :)

[@winstondsouza7267]

The Amount of belief and expectancy about the reality of the strategy this platform lets you have, is more than one would have on his spouse. 😂 (Pun Intended) But you've done a revolutionary job for the retail traders. Its the beginning but you're gonna scale new heights. Good lucky to you guys. And thanks for bringing such efficient and accurate crazy tools.

[@heenavallecha]

We need more backtesting videos of High expectancy and low drawdown! The channel will be bomb!

[@stockmock]

Noted! 🤟

[@JU007.]

Hi, this is great feature i can say, however i want to highlight two points. 1. whenever we run any query results are not saved automatically. What if we want to compare results there itself. we go to another basket, old query disappears and we have to re-run using credits, saving pdf's etc is tedious task.. 2. when does subscription ends, this date is nowhere mentioned. can you please have a check on these two issues. it will be a great addon to this app. thank you.

[@mohsinpawaskar7424]

can you add the option for Trailing SL in combined point in percentage for example i had taken a straddle and combined prem is 400 later the combined prem reached to 200 and i want to trail the TSL of combined prem in percentage like 20% or 10% so on.it will be good features if u added

[@Allahbadi]

Please clear in hindi language. Thanks

[@stockmock]

Noted.

[@silambarasank4149]

sir my humble request please make this time based backtesting platform into also a algo trading platform to trade our backtested stratagies to be connected to our broker trading terminal.

[@soonil12]

No buying startegy shown?

[@stockmock]

Its there pls watch full video 😊

[@CPR840]

Wow

[@stockmock]

Thank you so much 😊

[@Kairos-Ess]

Buy a mic

[@stockmock]

Sure. Noted. Thanks.