Posted by shinings on 25th of Mar 2015 at 01:50 pm
The SPY Ver 2 and RSI 2 systems are scale-in systems so it will
never buy 100% on the first entry.
Matt - your post says "
SPY Pro system would take a long position at the close". My
understanding is that if one were to follow the system, only 40%
goes long at the close today. Can you confirm?
1. Some choose to only follow the SPY Pro system, that system
only has one entry, it does not scale in, so if one was following
the SPY Pro system by itself, yes it would be 100% allocation
2. The combined systems are 40%, 30%, 30%. Then out of
100% allocation, one would take 40% for the SPY Pro entry and the
first entries for SPY RSI 2 and Ver 2, which would work out to 18%
each, so collectively 40% plus 18% plus 18% = 76%.
Also - I have some better numbers now: For the SPY Pro and
Ver 2, looks like price needs to close below 207.13, however that
may change some as indicators can change the last hr, however it at
least gives us a reference point.
The SPY Ver 2 and
SPY mechanical Systems trade notification preliminary
Posted by shinings on 25th of Mar 2015 at 01:50 pm
The SPY Ver 2 and RSI 2 systems are scale-in systems so it will never buy 100% on the first entry.
Matt - your post says " SPY Pro system would take a long position at the close". My understanding is that if one were to follow the system, only 40% goes long at the close today. Can you confirm?
guys read carefully: 1. Some
Posted by matt on 25th of Mar 2015 at 02:32 pm
guys read carefully:
1. Some choose to only follow the SPY Pro system, that system only has one entry, it does not scale in, so if one was following the SPY Pro system by itself, yes it would be 100% allocation
2. The combined systems are 40%, 30%, 30%. Then out of 100% allocation, one would take 40% for the SPY Pro entry and the first entries for SPY RSI 2 and Ver 2, which would work out to 18% each, so collectively 40% plus 18% plus 18% = 76%.
Thank you for the clarification
Posted by shinings on 25th of Mar 2015 at 02:44 pm
Thank you for the clarification Matt.
Also - I have some
Posted by matt on 25th of Mar 2015 at 02:34 pm
Also - I have some better numbers now: For the SPY Pro and Ver 2, looks like price needs to close below 207.13, however that may change some as indicators can change the last hr, however it at least gives us a reference point.
Matt, Is the $207.13 close still
Posted by hawkinslf on 25th of Mar 2015 at 03:42 pm
Matt,
Is the $207.13 close still a reference point?