Cheese
1,374 posts
msg #154331
- Ignore Cheese
modified |
10/14/2020 4:22:20 PM
Thank you Graf
I empathize with your dilemma
Sometimes weekly indicator1 (shorter average) could be < weekly indicator2 (longer average)
while weekly CrossingAngle > 0 and weekly MomentumAngle > 0
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Cheese
1,374 posts
msg #154332
- Ignore Cheese
modified |
10/14/2020 6:36:47 PM
xarlor,
Did you really mean to set weekly exit like this
set{exit,count(close crossed below ema(10),1)}
exit > -1
I know it seems like a dumb question
but it seems like sometimes scaling in with weekly exit signals might be more profitable.
In some way, this also seems to be true with the daily swing exit signal.
Respectfully, I have a nagging feeling that there might be something missing with the system in the video
I hope nobody will feel offended because that's not my intention,
But at the end of the day, for my money, snappy's CMA(PVI,10) may be a little clearer and a little safer.
Thanks
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Cheese
1,374 posts
msg #154333
- Ignore Cheese |
10/14/2020 7:49:35 PM
Thank you, davesaint86, graftonian and xarlor
This thread and Steven Cawiezell's video are about reversals,
and Parabolic SAR was created to help us with reversals.
So, I thought what if we add Parabolic SAR to some of the filters.
Maybe Parabolic SAR could reduce some of the false flags?
Just a thought.
You decide.
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davesaint86
725 posts
msg #154336
- Ignore davesaint86 |
10/15/2020 10:17:44 AM
https://www.traderspro.com/#/indexes/marketETFs
I think this used to be Stockoodles. Looks like they have a paid subscription now also.
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xarlor
562 posts
msg #154338
- Ignore xarlor |
10/15/2020 2:45:13 PM
xarlor,
Did you really mean to set weekly exit like this
set{exit,count(close crossed below ema(10),1)}
exit > -1
Yes, I meant the weekly exit to be the close crossing below EMA(10). That's what the author alludes to as an exit, though it is not explicitly stated in the video. He may have slightly different criteria, but it definitely seems to be based on price crossing EMA(10) in some fashion.
I tried playing around with Parabolic SAR after your post. It performed worse than the EMA(10) exit, at least on the default setting and a few other settings I tried.
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davesaint86
725 posts
msg #154339
- Ignore davesaint86
modified |
10/15/2020 3:35:49 PM
The exit strategy is to sell 1/2 at a 8% gain and sell the if price closes below the 10 wema.
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graftonian
1,089 posts
msg #154349
- Ignore graftonian
modified |
10/16/2020 11:36:26 PM
Dave,
Sell at 8%? Why not place a stop at 8%. I know you didn't write the rules, just asking for the sake of discussion
This weeks picks(by my calculation)
TZA,SRTY.CYTK.NHF.UUP.ALEC.THMO.NTCO.CHMA.BZQ.ALVR.STFC.VRS.PAR.TX.CAAP.SOAC.DLX.PYPD.AKUS.BRP.MEG.RNA.NRIX.RPTX.GIX.BVXV.SRT.GRSVU.CCAC.BBSA.TREB.UN.AONE.UN.BNKD.BQH.NHICU.FATBP.SCHQ.GIK.YAC.UN.ACND.UN.IBTH.ERESU.KNAB.CVR.BNKZ.
Graf
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graftonian
1,089 posts
msg #154362
- Ignore graftonian |
10/18/2020 2:25:50 PM
I am not impressed by the returns from attempts to duplicate the system.
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