Quadra Safe Strategy–Part 1

This is one of the widely discussed strategy for positional trades. Mostly preferred by futures traders. This blog post is the summary or detailed procedure of implementing this strategy, consolidated from Savant Garde’s Thread in Traderji Forum, http://www.traderji.com/technical-analysis/68719-quadra-safe-trading-strategy-i.html
I would like to present this in parts, so that things can be kept simple and easy to understand. All efforts are made to include charts wherever necessary, but not everywhere.
Indicators Used:
1. Wilder’s Moving Average – 5

2. Wilder’s Moving Average – 8

3. Wilder’s Moving Average – 13

4. Wilder’s Moving Average – 50

WMA – 8 and WMA – 13 are used to assess the short term and medium terms, whereas WMA – 50 is used to assess the long term trend or Major trend. Nifty Futures Chart with all the above indicators and templates is shown below.

Chart Index :
Scrip – Nifty Futures
WMA – 5 – RED
WMA – 8 -  BLUE
WMA – 13 – Dark Grey
WMA – 50 – Green
Time Frame – Daily




The rules for Entry, Exit, Stop loss, Add will be discussed in the second part.
The third part explains Customizing averages and experimenting with various timeframes.
Fourth part emphasizes on trying to vary parameters in order to make it suitable for intraday.
Final and Fifth part will apply the strategy to current Nifty Futures Chart and market analysis will be done.

Pro’s:
1. Almost fool proof if rules are strictly followed.
2. Useful for long term positions (ranging from 4 to 12 weeks)
3. Preferable to utilize trading as a second source of income.
Con’s:
1. Patience needed.
2. Results may not be seen as soon as initiated.

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