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TradeGuide Signal Manual - Motilal Oswal

TradeGuide Signal Manual Table of Contents A) Setup 1. Get Started With TradeGuide (TGS) 2. More Information on TradeGuide (TGS) B) B) Understanding Signal Tracker 1. Types of Trading Styles 2. Types of Signals 3. What is TradeGuide Trader Test? 4. Understanding the columns of Signal tracker 5. Signal Generation 6. Resizing Windows 7. Other Options 8. Market Trendicator 9. TGS Signals in Market Watch 10. Advance Charting Tools C) Understanding Trading Planner 1.

3. Exit Method • Risk Reward Method • Profit % Method • Trend Following Method 4. Position Sizing 5. Order Form Details D) Usage & Benefits of TradeGuide Signal 1. Direct Usage of TradeGuide Signal

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Transcription of TradeGuide Signal Manual - Motilal Oswal

1 TradeGuide Signal Manual Table of Contents A) Setup 1. Get Started With TradeGuide (TGS) 2. More Information on TradeGuide (TGS) B) B) Understanding Signal Tracker 1. Types of Trading Styles 2. Types of Signals 3. What is TradeGuide Trader Test? 4. Understanding the columns of Signal tracker 5. Signal Generation 6. Resizing Windows 7. Other Options 8. Market Trendicator 9. TGS Signals in Market Watch 10. Advance Charting Tools C) Understanding Trading Planner 1.

2 Stock Selection 2. Performance Tracker 3. Exit Method Risk Reward Method Profit % Method Trend Following Method 4. Position Sizing 5. Order Form Details D) Usage & Benefits of TradeGuide Signal 1. Direct Usage of TradeGuide Signal 2. Guide s in Option Trading 3. Analytical & Other Usage of TradeGuide Signal A) Setup 1. Get Started With TradeGuide (TGS) To open TradeGuide , login to the OrionLite trading terminal and click the start button. Then Click on the TradeGuide Signal (TGS) option or simply use the shortcut Ctrl+T.

3 TradeGuide Signal is a premium subscription based service exclusively for Motilal Oswal account holders. To activate TradeGuide Signal , click on Free Trial/ Subscribe option. 2. More Information on TradeGuide (TGS) For more information about TradeGuide Signal , click on TGS Guide . Once subscribed, signals will appear in the Signal tracker screen B) Understanding Signal Tracker 1. Types of Trading Styles TGS generates signals for 3 types of traders, viz.

4 A. Positional (for few weeks) b. Swing (for few days) c. Intraday (for few hours) d. Momentum (for few moments) Positional signals are generated on all F&O stocks with a stop-loss of to 6%. Positional signals are suitable for those who wish to take positions for a few weeks. Positional traders are interested in making profits from the primary trend rather than day to day fluctuations. Stop-loss revision mechanism is slow to capture larger price momentum. Swing signals are generated on all F&O stocks, 3 Indices, 4 currencies and 9 commodities with a stop-loss of 1% to 5%.

5 Swing signals are suitable for those who wish to take positions for a few days. Swing traders are interested in short term trends and price momentum. Stop-loss revision mechanism is fast to en-cash substantial gains from price momentum. Intraday Signals are generated on all F&O stocks, 3 Indices, 4 currencies and 9 commodities with a stop-loss of to Intraday signals are suitable for those who wish to trade and exit on the same day. The signals are generated after 30 minutes of market open.

6 No new signals are generated 30 minutes prior to market closed and timeout exit occurs 15 minutes prior to market closed. Momentum Signals are generated on all F&O stocks with a stop loss of to Momentum signals are suitable to those who wish to capture momentum gains from the most volatile sessions of the market beginning and ending. Trading frequency is Intraday and overnight. 2. Types of Signals TradeGuide generates actionable signals on multiple assets like equities, commodities and currencies.

7 The signals are classified as follows: Buy (Green) Buy Exit (White) Sell (Red) Sell Exit (White) 3. What is TradeGuide Trader Test? It is very important for a trader to know his trading style-whether he is a positional (few weeks), swing (few days) or intraday (few hours) trader. TGS Trader Test enables identification of one s trading style. It analyses a trader s personality on 7 factors and gives a complete snapshot of his/her strengths and weaknesses.

8 4. Understanding the columns of Signal tracker For column selection, right click on Signal tracker and choose column selection option. Select the required column you want to view in Signal tracker. You can also arrange or align columns by selecting particular column and use move up and move down buttons. In every window, the following columns can be found. Action: Displays Buy , Sell, Buy Exit & Sell Exit - you can open batch order by just click on button Name: Display Stock name with Green & Red background for notifying Buy & Sell Entry Price: The price at which the Entry Signal was generated.

9 Stop-loss: The Stop-loss for the open Signal SL%: The Stop-loss in terms of percentage to the entry price. CMP: Current Market price in NSE Cash segment CMP Fut: Current Market price in NSE Future segment CMP Next: Shows Next Month current market price in NSE Future Segment CMP Far: Shows Far Month current market price in NSE Future Segment Peak Price: The highest price reached by the stock after the Signal was generated until exit Peak %: The highest profit percentage that could have been achieved after the Signal was generated and before the exit Signal .

10 Profit%: Current Profit value in terms of percentage Risk: Reward(R:R): Ratio of stop-loss % to current profit/loss% Strike Trend: It shows Trend wise back tested Buy/Sell strike rate of a particular stock depending on the type of open position Strike Target: It shows Target wise back tested Buy/Sell strike rate of a particular stock depending on the type of open position Peak R: R: The highest value of R:R since the Signal was generated until exit. Status: Displays Long, Short, Stop-loss Revised or Stop-loss Revised to Cost Entry Time: Displays the entry time when the Signal was generated.


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