Matt, in the long term tools section, why does the indicator
show that it went on a sell signal prior to going green
today? I thought it was in cash since the end of July.
guys - regarding the BPT MA Deluxe it would have turned red had
it not turned green first, however it got a buy signal before the 3
RSI got overbought again. It needed to the 3 RSI to get over
75% before it got a buy signal in order to turn red and that didn't
happen, it got the buy signal first.
Again this example also shows why after the indicator held the
green color for a long time why it's always always best for it to
go to a cash position vs going red (like it used to in the past)
and look for better prices to go red instead. As you see it
would have been a whipsaw had it gone red and back to green vs to
cash.
Also the girl who loads that for me each day on the website had
a wrong setting, I corrected that so it should be the same as mine
going forward. What was happening was she would load her
chart and then I would see that the chart was wrong and would
replace hers with mine. Anyway should not be a problem now,
our charts match, sorry for the confusion on that, I can see how
that was confusing
Matt, in the long term
bptma deluxe spy
Posted by pebs on 13th of Aug 2014 at 06:16 pm
Matt, in the long term tools section, why does the indicator show that it went on a sell signal prior to going green today? I thought it was in cash since the end of July.
Puzzled- I thought in the
Posted by rikkwan on 14th of Aug 2014 at 09:59 am
Puzzled- I thought in the video that it would turn red when overbought as the next step
guys - regarding the BPT
Posted by matt on 14th of Aug 2014 at 11:41 am
guys - regarding the BPT MA Deluxe it would have turned red had it not turned green first, however it got a buy signal before the 3 RSI got overbought again. It needed to the 3 RSI to get over 75% before it got a buy signal in order to turn red and that didn't happen, it got the buy signal first.
Again this example also shows why after the indicator held the green color for a long time why it's always always best for it to go to a cash position vs going red (like it used to in the past) and look for better prices to go red instead. As you see it would have been a whipsaw had it gone red and back to green vs to cash.
Also the girl who loads
Posted by matt on 14th of Aug 2014 at 11:53 am
Also the girl who loads that for me each day on the website had a wrong setting, I corrected that so it should be the same as mine going forward. What was happening was she would load her chart and then I would see that the chart was wrong and would replace hers with mine. Anyway should not be a problem now, our charts match, sorry for the confusion on that, I can see how that was confusing
BPT MA
Posted by tecarter202 on 14th of Aug 2014 at 11:45 am
Got it Matt - thanks for the explanation - agreed with others you guys ROCK
I saw it too, red
Posted by sbwoman on 13th of Aug 2014 at 10:13 pm
I saw it too, red then green, but now its white to green. I like green.
strange
Posted by tsurplus on 13th of Aug 2014 at 07:55 pm
strange, it was white then green when I checked earlier...
Anyway, have not acted using this signal so far, may be will give it a try.