kaap - please refresh the blog, I made some typos in my
response
my tests show the SMA slightly better over the EMA
---
kaap - regarding the RSI 2 system, it depends on which one you
are doing. For example I've shown one that closes out over a
close above the 8 day SMA, that hasn't occurred yet, another up day
would do it.
I've also shown another version that closes out over the 5 day
SMA, that one would be closing out today
Also there are versions where you close out via the RSI going
back above a certain level like 70%, that would close out today as
well since RSI is now about 70%
Currently the version with a close over the 8 day SMA is the
slight better than the others i.e. the 5 SMA and RSI exit ones, at
about 81% winning trades, that one is still long because SPY hasn't
closed back over the 8 day MA yet
with our code you can test about anything you want. we
plan to make the code available sometime soon for folks who want to
play around with different settings and also test other ETF's and
stocks
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Thanks Matt, I was using
RSI 2
Posted by kaap on 12th of Apr 2012 at 04:08 pm
Thanks Matt, I was using EMA instead of the SMA and with flmaia reply I figured it out. Still learning.
kaap - please refresh the
Posted by matt on 12th of Apr 2012 at 04:10 pm
kaap - please refresh the blog, I made some typos in my response
my tests show the SMA slightly better over the EMA
---
kaap - regarding the RSI 2 system, it depends on which one you are doing. For example I've shown one that closes out over a close above the 8 day SMA, that hasn't occurred yet, another up day would do it.
I've also shown another version that closes out over the 5 day SMA, that one would be closing out today
Also there are versions where you close out via the RSI going back above a certain level like 70%, that would close out today as well since RSI is now about 70%
Currently the version with a close over the 8 day SMA is the slight better than the others i.e. the 5 SMA and RSI exit ones, at about 81% winning trades, that one is still long because SPY hasn't closed back over the 8 day MA yet
I'll show some stats later today
with our code you can
Posted by matt on 12th of Apr 2012 at 04:12 pm
with our code you can test about anything you want. we plan to make the code available sometime soon for folks who want to play around with different settings and also test other ETF's and stocks