3309 Drysdale Ct
Edwardsville, IL 62025
My indicator says 9.
Not underrated in the UK or their home town of Manchester, which
is my home town :)
The city produced some great Indie bands in the 80s and 90s as
well as the Smiths - Joy Division, New Order, James, Happy Mondays,
The Verve, Stone Roses, The Charlatans, plus Oasis of course. A
great time to be alive.
Hi Matt, re your newsletter last night, I have looked at some of
your previous screenshots for the new VIX Bollinger Band strategy
and noticed that some of the SPY trades were a bit early, so I was
inspired to try to re-create the strategy in TradeStation and for
good measure I added scale-ins - this improves the Profit Factor as
you can see. I have also attached screenshots of recent trades.
Also, in your newsletter you mentioned the strategy can "scale out
at average true range moves" - can you possibly give me a little
more insight on how the ATR is used so that I can attempt to code
this type of exit?
Hi Matt, just out of interest, is the DVDS short still in play
as per the rules of the code?
Matt, you're such a tease, it's uncanny how often your systems
take us to the brink - to hell and back, baby!
It might be old but didn't you say a couple of weeks ago that
the DVDS system has 100% winning trades? No age discrimination on
this site... :)
Hi Matt, can you confirm the new stop for MES Breakout trade
after today's close? Thanks.
Glad, choose the S&P500 or Nasdaq100 tab at the top of the
page, then in the box immediately below make sure you select
'Long'. By default, stocks in the KISS tables are filtered by
'new' results e.g. new STS, new Flat, etc. However, AMZN is an
existing long at the moment.
Hi Mundy, it's ChatGPT not GBT. There is a longish thread on 8
March involving Matt, including posting of code by another and Matt
introducing his MACD kiss concept.
Hi Matt, does the Breakout system have up to 3 x scale-in
entries like the reversion-to-mean systems?
Matt, looking at the past trades on that sub-system and the many
other system screengrabs you have posted in the past, it appears to
me that rather than going into cash you could simply reverse into a
trade in the opposite direction (perhaps scaling in) and make
money. Have you ever backtested that for any of the
Matt describes it as follows in a post on 28 Nov 2022:
"The A's are pretty good, Amateur buying at tops, and Amateur
selling at lows. Basically it's volume declining and smaller size
prints in volume as price goes up or down; for example in an
uptrend when price gets exhausted, you get the late buyers,
typically individuals who trade small size few hundred shares, not
institutions who are large prints. During downtrends you get the
very late sellers or shorts who are selling very oversold
On TradingView charts such as the one in this thread, does
anyone know what the purple flash inside a purple circle
Yes, it's one of Matt's proprietary algorithms - I don't think
it's part of the BPT SPY/ES sub-systems but it's clearly a powerful
tool. Matt describes it as follows in a post on 28 Nov
'Amateur' buying / selling. Don't be an A....... :)
Ha, I should have said entertaining and educational. As the
current resident Grizzly of the BPT community, you always provide a
very useful counterpoint to those of a more bullish / kool-aid
drinking (delete as applicable) disposition.
Fredsaid is very entertaining.
Would be interesting to see those stats updated for the past few
Matt, just want to clarify - didn't you send out an email a few
days ago saying you were manually closing out the DVDS system
short? That said, I note the trade is not updated on the system
page in terms of Gain/Loss. Anyway, I'm in cash.
On Friday Matt provided an update to James' comment - here is
the copy and paste of what Matt wrote:
Yesterday James commented on that DVDS trade saying that it was
meeting exit conditions last night, at the moment it no longer is.
That said, I may elect to add some sort of stop using yesterday
prices or I might elect to take off the trade early depending on
what the market does.
as far as this particular system, as I stated I will be
experimenting with some other exit conditions to see if I can
also guys the short illustrates my point: for years and
years everyone bugs me, why don't the systems do more shorts? Why
do they take so many more longs than shorts, even in bear
As I've said - shorts are a real bugaboo. When I did my
extensive testing I found that it was easy to get into situations
where a system would get caught short during a strong rally. MUCH
easier for that to happen than for a long trade to get caught in a
bad decline. Short systems were much more difficult than the long
systems and I had to keep the settings tighter and as a result
there were much less short trades.
Even in bear markets the long systems do way way more trades
than the short systems do
markets do not move up and down in the same way, the psychology
is different, it's not like a Yin and Yan situation where one
behaves opposite to the other: Markets tend to flush down
quickly, get oversold, then bounce as fear ramps up. Rallies on the
other hand can be strong initially (rip your face off rallies) then
price can drift up for long periods of time - it's why topping is
more of a process that needs to develop over time, whereas
bottoming tends to be quick and sharp.
markets trade differently on fear than they do on greed
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