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Filter Exchange · DT Oscillator Help
msg #108904
11/18/2012 11:00:36 PM

It does seem a to fit the changes in price a bit better with the exponential MA. I do prefer the smoothness of the SMA though. This will most assuredly lead me to the change in trend a bit later but, I'll be subject to a few less whipsaws. Always a trade off.

Filter Exchange · DT Oscillator Help
msg #108900
11/18/2012 9:44:15 PM

Honestly it's been a while since I've read it. I will say it was the best explanation I've gotten about how to identify Elliot waves and how to apply Fibonacci retracements to come up with future values. Unfortunately, there isn't a reference in the book about how to filter for these stocks and I found myself looking at the IBD Composite 200 charts. Of those 200, I'd be happy if I found 5 stocks that I could see a clear 1-5 Elliot Wave run up so I could predict the ABC downturn. So I've never really had the chance to trade it in real time.

As for the exponential vs simple moving averages, I haven't tried. I imagine that the outcome would be nearly the same. I'll check it out and report and findings to the contrary.

The way I trade when the plot is stuck on the top or bottom is to play the trend that occurred directly before it became stuck and only change when the lines separate, trending in the opposite direction.

Also, I'd just like to mention that it's not necessary to trade just SSO and SDS with this system. It can be applied to any equity that trades on the market. I just prefer ETFs for the liquidity and lack of erratic behavior. One thing I'd still like to add would be something that keeps me out of whipsaws like a price based moving average, ADX and the like. Any suggestions from readers would be most appreciated. I'll do some testing on my own as well.

PS- the book we're referring to is High Probability Trading Strategies by Robert Miner. A great book for any collection.

Filter Exchange · DT Oscillator Help
msg #108885
11/17/2012 11:21:00 PM

Yes, that's what we're looking for. All with no color changes. Thanks Cheese.

Filter Exchange · DT Oscillator Help
msg #108883
11/17/2012 8:47:59 PM

tennisplayer, if you are using the filter I posted, you can go to:

Change Series Color 1 to 00aa00
Change Series Color 2 to ee0000
Click "Update"

Now the colors will be flopped, I like it better that way too.

Filter Exchange · DT Oscillator Help
msg #108882
11/17/2012 8:30:20 PM

Yep mahkoh, that's exactly what I needed. Now, tennisplayer2 would like to change the fast line to green and the slow line to red. Personally, I'm good with it as it sits. Thanks for your efforts.

Filter Exchange · DT Oscillator Help
msg #108869
11/16/2012 6:53:22 PM

I haven't seen any options in the help section or searching the forum on how to change the colors of the plotted lines. We may need the help of someone more advanced than myself.

Filter Exchange · DT Oscillator Help
msg #108867
11/16/2012 4:08:27 PM

If it helps, below is what I've been using:

Symlist (SSO)
draw weekly cma(CMA (StochRSI(8,13),5),5)
draw cma(CMA (StochRSI(5,8),3),3)
do not draw stochrsi(5,8)
do not draw weekly stochrsi(8,13)
Add Column CMA(StochRSI(5,8),3)
Add Column CMA(CMA (StochRSI(5,8),3),3)
Add Column Weekly CMA(StochRSI(8,13),5)
Add Column Weekly CMA(CMA (StochRSI(8,13),5),5)

I use the Weekly StochRSI to determine market direction. When Fast Weekly StochRSI is above Slow Weekly StochRSI, only trade bullish crosses on the Daily StochRSI. When Weekly Slow StochRSI is on top, only trade the bearish crosses on the Daily StochRSI. All of my testing of this system has been by hand, as I'm not entirely sure on how to backtest this system on SF. So far, the results have been very decent over the last 12 months. 100%+ return ($2.95 per trade commission included) and minimal trading required. Prior to the last 12 months, I've encountered some whipsawing. Any suggestions that could be added to minimize those kind of trades would be great.

msg #107908
9/3/2012 11:48:48 PM

Kevin, when back testing this system and the ETF was stopped out, did the simulation buy whatever signal was long on the next day or did it buy the opposite ETF whenever it went long? The reason I ask is that when your ETF is stopped out, which happened about %45 of the time, usually the next several days will stay long on the ETF you were stopped on. So, in theory, I'd be waiting in cash for the opposite ETF to go long, correct? If your simulation went long on the following day, regardless of whether it was opposite or not, that may explain your exceptional results. It would be as if there were no stop loss. I hope this makes sense.

Filter Exchange · MACD Top Scan 85% up
msg #107708
8/18/2012 1:03:15 AM

How would this strategy be traded? Buy at open after signal? How much profit stop or stop loss? Is there a minimum or maximum holding period? Any insight would be appreciated.

msg #107484
8/9/2012 10:26:52 AM

Kevin, what I did to avoid the run-up is to buy at about 30 seconds before open. The bid ask spread was only 3 cents and it got me in at 57.77. I did have a question though. You mentioned earlier in this thread that trading this filter without a stop loss was more profitable, will you be trading that way or will you use a trailing stop loss? Thanks again for the great filter!

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