FYI - the SPY Pro

    SPY Pro system comments

    Posted by matt on 4th of Dec 2013 at 03:12 pm

    FYI - the SPY Pro is no longer giving a buy signal, unless we sell off again into the close, however the SPY RSI 2 system is now giving a sell if RSI 2 closes below 10%

    Matt,  You mentioned yesterday that

    Posted by jnelson77 on 4th of Dec 2013 at 04:31 pm

    Matt,  You mentioned yesterday that the RSI 2 didn't trigger cause of a filter.  Been doing some reading but I probably just blew over what that filter is?

    Thanks a lot

    RSI 2 triggered yesterday and today

    Posted by pimacanyon on 4th of Dec 2013 at 07:51 pm

    Matt,

    I have the RSI 2 reading below 10, both yesterday and today. 

    You said that this system did not trigger yesterday or today.  What am I missing?

    pimacanyon- I addressed this earlier today,

    Posted by matt on 4th of Dec 2013 at 08:03 pm

    pimacanyon- I addressed this earlier today, yes the RSI 2 closed below 10%, however a filter was hit, so the system looks for lower prices, it's not as simple as RSI 2 closing below 10%

    What is the filter if

    Posted by torvix on 5th of Dec 2013 at 02:13 am

    What is the filter if I may ask? MACD pointing upwards?

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