bman99
6 posts
msg #107639
- Ignore bman99 |
8/15/2012 8:52:25 AM
Kevin - Question about stops.
The original filter in the first post says to use a 3 % trailing stop.
Does your coinciding graph in the first post which shows the results include a 3 % trailing stop?
In your active trading which you just started, are you trading with a 3% trailing stop?
Thanks and good work!!! The Sharpe above 1 is very good and it will be interesting to see how it plays out live.
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Kevin_in_GA
4,599 posts
msg #107640
- Ignore Kevin_in_GA |
8/15/2012 9:09:12 AM
Kevin - Question about stops.
The original filter in the first post says to use a 3 % trailing stop.
Does your coinciding graph in the first post which shows the results include a 3 % trailing stop?
In your active trading which you just started, are you trading with a 3% trailing stop?
+++++++++++++++++
1. Yes.
2. Yes.
3. My account does not have a trailing stop option, so I will be tracking this one manually and moving the stop as needed.
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trade2winz
3 posts
msg #107643
- Ignore trade2winz |
8/15/2012 11:40:19 AM
Kevin on your buy sell filter is it possible to color code the red and green columns on sf.?.
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Kevin_in_GA
4,599 posts
msg #107644
- Ignore Kevin_in_GA |
8/15/2012 12:29:25 PM
No, but that's why I added the lines at the bottom of the filter in the first post:
DRAW GO_SHORT ON PLOT NULL
DRAW GO_LONG ON PLOT NULL
DRAW STOCHASTICS %D(5,1,5) ON PLOT STOCHASTICS %D(5,1,10)
This plots the "go long" signal in green and the "go short" signal in red at the bottom of the chart (this assumes you are using Flash charts - it presents differently in the new HTML5 format).
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jackmack
334 posts
msg #107646
- Ignore jackmack |
8/15/2012 2:41:45 PM
Kevin were you able to run the data in back test with the stops as none and then at 1% - 10% yet?
Thank you
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Kevin_in_GA
4,599 posts
msg #107647
- Ignore Kevin_in_GA |
8/15/2012 4:54:27 PM
A quick observation - the %D(5,1,5) for SDS at 19.83 is very close to a cross above the %D(5,1,10), now at 21.20.
Same thing for the cross below on SSO, which would trigger a BUY for SSO.
Given that SSO is currently at a resistance point of ~$59 on the daily charts, this is an interesting point in time. Not sure what I'll do - stick to the system or hold out for one day to see if this is possibly a whipsaw (albeit a small one).
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springhill
74 posts
msg #107650
- Ignore springhill |
8/15/2012 6:16:51 PM
jackmack
how are you coding for this in your filter
RSI(42) and MA(100) - when RSI(42) is above MA(100) = go long SSO or go long SDS when below - and
CCI(220) and MA(55) - when CCI(220) is above MA(50) = go long SSO or go long SDS when below - and
thanks
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Cheese
1,374 posts
msg #107660
- Ignore Cheese |
8/16/2012 1:09:13 AM
Extreme reading of NATV/NYTV on this chart by Cobra may suggest chance of short-term pullback:
http://stockcharts.com/public/1684859/chartbook/157664708
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Kevin_in_GA
4,599 posts
msg #107664
- Ignore Kevin_in_GA |
8/16/2012 8:23:47 AM
RSI(42) and MA(100) - when RSI(42) is above MA(100) = go long SSO or go long SDS when below - and
CCI(220) and MA(55) - when CCI(220) is above MA(50) = go long SSO or go long SDS when below
++++++++
I think what you are trying to say is "when the RSI(42) is above the CMA(RSI(42),100) - the 100 day moving average of the RSI(42) - go long". Is that what you meant here? Otherwise this makes no sense.
If that is what you are saying, can you also explain where these numbers came from?
I still stand by the basic premise that the simpler a filter is, the better. The fewer indicators used, the better.
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jackmack
334 posts
msg #107665
- Ignore jackmack |
8/16/2012 9:05:13 AM
Springhill - I have not been using this as a filter as I have not been able to include it in SF.
Kevin - yes go long SSO when the RSI crosses above the MA.
I have to give all credit on this to John Tast at Stock Charts http://stockcharts.com/public/1173967
This will give the visual of what I am trying to explain but it becomes pretty clear when you see it.
So my thinking was that once these conditions occured they could be used as an additional entry condition.
Hope this helps - but again I am not able to write the script in SF but would love to see if someone could
and then run back tests on it to see if results were any better.
Thanks
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