So regarding the SPY system here's the way I'm leaning to on the
changes. Officially the way I've sent trades out is with all
the 23 sub systems on one chart, meaning that only one of the sub
systems could be active at any time. I've also reported what
the individual sub systems do on the side but not as official
trades. I've considered just sending out trade signals to
each sub system however I always thought it was a bit overwhelming
for new folks because of the system overlaps that can and will
occur. My thinking is to sort of combine both ways and meet
in the middle. This image shows the sub systems on 7 charts
instead of 23 charts. All the shorts go on one chart, while
the strongest systems would be on their own such as Bull Exhaust,
Bear Exhaust, RSI Oversold, Bear long. The Trend system is a
strong system but was not part of the combined system (you can see
it would have caught a nice long in early March. Then all the
other common longs that can have overlap like the QE LE, Trap,
Pullback, Strong Trend shallow pullback would all go on one chart.
Basically I would send signals for each chart that does a trade.
There can be overlap but it would be a lot rarer this way vs
sending out trades for all the 23 sub systems
separately.
Posted by bfosterpdx on 9th of Apr 2018 at 05:56 pm
Let's give it a try! Having more trade opportunities is great,
and the grouping by type sounds logical. Your sending out trades
based on each subsystem was never confusing to me. But, I still am
working on executing them in a timely fashion, getting the
notifications while I'm mobile and responding before I lose a
portion of the move.
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SPY system
Posted by matt on 9th of Apr 2018 at 04:48 pm
So regarding the SPY system here's the way I'm leaning to on the changes. Officially the way I've sent trades out is with all the 23 sub systems on one chart, meaning that only one of the sub systems could be active at any time. I've also reported what the individual sub systems do on the side but not as official trades. I've considered just sending out trade signals to each sub system however I always thought it was a bit overwhelming for new folks because of the system overlaps that can and will occur. My thinking is to sort of combine both ways and meet in the middle. This image shows the sub systems on 7 charts instead of 23 charts. All the shorts go on one chart, while the strongest systems would be on their own such as Bull Exhaust, Bear Exhaust, RSI Oversold, Bear long. The Trend system is a strong system but was not part of the combined system (you can see it would have caught a nice long in early March. Then all the other common longs that can have overlap like the QE LE, Trap, Pullback, Strong Trend shallow pullback would all go on one chart.
Basically I would send signals for each chart that does a trade. There can be overlap but it would be a lot rarer this way vs sending out trades for all the 23 sub systems separately.
Trend only looks good.
Posted by torvix on 9th of Apr 2018 at 09:08 pm
Trend only looks good.
Let's give it a try!
Posted by bfosterpdx on 9th of Apr 2018 at 05:56 pm
Let's give it a try! Having more trade opportunities is great, and the grouping by type sounds logical. Your sending out trades based on each subsystem was never confusing to me. But, I still am working on executing them in a timely fashion, getting the notifications while I'm mobile and responding before I lose a portion of the move.