I had some questions regarding the BPT MA Deluxe trend indicator
and if it flipped red yet. Yes the original or free version
did on Friday, however the new one did not. Here's a daily
chart of the SPX cash, the new improved one is at the top, while
the original one is at the bottom. In most cases as you can
see on the chart, the new version of the indicator almost always
gets better prices, see the annotations on the chart, however that
doesn't mean it's always the case.
I've also attached a 60 min chart of SPX cash, both the new and
original indicator went red on Thursday. The original one is at the
bottom, while the newer one is at the top
So, what do you think this BPT MA contradict with the SPY Pro
system? Which signals will have a high probabilities of false
signal given that both signals gave a opposite direction.
hwong- there is no
conflict between the BPT MA Deluxe and the SPY Reversion to mean
systems, they are not supposed to work together, they are
completely different concepts:
The BPT MA Deluxe is a trending indicator, follows trend, while
the SPY Pro and other SPY systems are reversion to the mean systems
similar to a Larry Connors type of system (do a Google Search for
Larry Connors Systems) which means they buy pullbacks in uptrends
when price is above long term moving averages like the 200 day MA
and short rallies when price is below long term moving averages.
Reversion to mean systems typically produce very short term
trades, what makes the SPY pro system different is that it can hold
trades for longer periods of time when conditions say to do so,
however it is still a reversion to mean system at heart.
One could follow both by different ETF's or instruments and
there's probably another way to combine the systems such as holding
a core position via the BPT MA Deluxe and then trading additional
shares with the SPP pro etc, this is something I have not outlined
yet however
guys - please try be be careful with using your enter button too
many times, as you can see your past has a lot of white space that
takes up a bunch of room, Steve and I are always editing posts and
deleting this out, again it comes from hitting your enter button
too many times.
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BPT MA Deluxe trend indicator
Posted by matt on 15th of Mar 2014 at 12:36 pm
I had some questions regarding the BPT MA Deluxe trend indicator and if it flipped red yet. Yes the original or free version did on Friday, however the new one did not. Here's a daily chart of the SPX cash, the new improved one is at the top, while the original one is at the bottom. In most cases as you can see on the chart, the new version of the indicator almost always gets better prices, see the annotations on the chart, however that doesn't mean it's always the case.
I've also attached a 60 min chart of SPX cash, both the new and original indicator went red on Thursday. The original one is at the bottom, while the newer one is at the top
So, what do you think
Posted by hkwong on 15th of Mar 2014 at 09:34 pm
So, what do you think this BPT MA contradict with the SPY Pro system? Which signals will have a high probabilities of false signal given that both signals gave a opposite direction.
hwong- there is no conflict between
Posted by matt on 16th of Mar 2014 at 10:46 am
hwong- there is no conflict between the BPT MA Deluxe and the SPY Reversion to mean systems, they are not supposed to work together, they are completely different concepts:
The BPT MA Deluxe is a trending indicator, follows trend, while the SPY Pro and other SPY systems are reversion to the mean systems similar to a Larry Connors type of system (do a Google Search for Larry Connors Systems) which means they buy pullbacks in uptrends when price is above long term moving averages like the 200 day MA and short rallies when price is below long term moving averages. Reversion to mean systems typically produce very short term trades, what makes the SPY pro system different is that it can hold trades for longer periods of time when conditions say to do so, however it is still a reversion to mean system at heart.
One could follow both by different ETF's or instruments and there's probably another way to combine the systems such as holding a core position via the BPT MA Deluxe and then trading additional shares with the SPP pro etc, this is something I have not outlined yet however
Matt, There is an advantage
Posted by jlevinthal on 16th of Mar 2014 at 11:30 am
Matt, There is an advantage to play both systems but in equal dollar amounts
You get the advantage of the yearly gain in each system even though they are sometimes at odds with each other and
When the Spy Pro System is taking a lot of heat the BPT MA Deluxe System should be in a hedge position
guys - please try be
Posted by matt on 16th of Mar 2014 at 02:54 pm
guys - please try be be careful with using your enter button too many times, as you can see your past has a lot of white space that takes up a bunch of room, Steve and I are always editing posts and deleting this out, again it comes from hitting your enter button too many times.