The DS normalized stochstic (on the chart BPT DS) is now
oversold, lower risk entries when the BPT MA is green and the DS
Stoch is oversold. however this trade is not low risk like
the long you see on May 25th when you had a deeper pullback in the
trend and 5 RSI was oversold and 60 Stochastic was near oversold.
Currently 5 RSI is overbought and 60 Stoch is over 80
Posted by traderdavek on 27th of May 2014 at 09:55 pm
Creative and informative. Have the tools I need to create
a daily BPT MA Deluxe mean reversion system - and the DS stochastic
was a great tip to find DoubleStochastics in NinjaTrader.
Thank you much!
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SPX 15 min
Posted by matt on 27th of May 2014 at 01:52 pm
$SPX - Chart Link - appears to be forming a bull flag
The DS normalized stochstic (on
Posted by matt on 27th of May 2014 at 02:03 pm
The DS normalized stochstic (on the chart BPT DS) is now oversold, lower risk entries when the BPT MA is green and the DS Stoch is oversold. however this trade is not low risk like the long you see on May 25th when you had a deeper pullback in the trend and 5 RSI was oversold and 60 Stochastic was near oversold. Currently 5 RSI is overbought and 60 Stoch is over 80
Creative and informative. Have the
Posted by traderdavek on 27th of May 2014 at 09:55 pm
Creative and informative. Have the tools I need to create a daily BPT MA Deluxe mean reversion system - and the DS stochastic was a great tip to find DoubleStochastics in NinjaTrader. Thank you much!