regarding the swing type system I discussed in the video.
I have more details worked out and one thing I want to do is
go back and fill in trade data, probably start from early 2009, and
I'll add the trades to a spreadsheet with stops, re-entries etc,
and actually see how well that would do compared to just holding
the SPX that whole time. My thoughts are that it will blow it
out of the water many fold. And honestly if the results are
that superior I may just do away with the weekly and monthly SPX
stuff as those are so slow to respond to big moves anyway.
Basic rules I'll be using and indicators:
Indicators: ATR Trailing Stop, BPT MA Deluxe MA 34 length
with the whipsaw turned off, using slope change to set higher low
stops, 4 MA ribbon, 60 Stochastic, BPT BR Squeeze.
My concept will be as follows: go long with a confirmed 60
Stochastic buy signal or BPT BR Squeeze or MA Ribbon, set immediate
stop at last higher low and subsequently move up. I will go
long 50% the SSO ETF (2X) which doesn't degrade over time. I will
then save the other 50% cash position to go long 25% on ES or SPY
high probability sub systems for a total of 50% ( I won't be using
the less probable Trend sub systems but rather systems like QE BTS,
CCI oversold, RSI oversold, Bear Long, Bull Exhaust, etc.
Anyway I don't have anything automated or coded into a TS system
that automatically gives signals, I have to manually pick these
from the SPX chart, that will take quite a while, I will share when
i have it complete.
also I'll be out of town Tue and Wed and be back Thursday
Posted by chapgolf on 20th of May 2019 at 12:32 pm
Matt, really like this system. I have set it up in my own
TS account but don't have the BPT ATR Trailing stop. Is that
something you are sharing? If so, I would like to appreciate
getting a copy. Thank you.
yeah I'll share workspace of indicators in a while. anyway
a bit swamped today, still major issues with my mom, so will be
running over there soon for a bit
regarding the swing type system
Educational video on the Trending system methodology I've been showing
Posted by matt on 20th of May 2019 at 12:12 pm
regarding the swing type system I discussed in the video. I have more details worked out and one thing I want to do is go back and fill in trade data, probably start from early 2009, and I'll add the trades to a spreadsheet with stops, re-entries etc, and actually see how well that would do compared to just holding the SPX that whole time. My thoughts are that it will blow it out of the water many fold. And honestly if the results are that superior I may just do away with the weekly and monthly SPX stuff as those are so slow to respond to big moves anyway.
Basic rules I'll be using and indicators:
Indicators: ATR Trailing Stop, BPT MA Deluxe MA 34 length with the whipsaw turned off, using slope change to set higher low stops, 4 MA ribbon, 60 Stochastic, BPT BR Squeeze.
My concept will be as follows: go long with a confirmed 60 Stochastic buy signal or BPT BR Squeeze or MA Ribbon, set immediate stop at last higher low and subsequently move up. I will go long 50% the SSO ETF (2X) which doesn't degrade over time. I will then save the other 50% cash position to go long 25% on ES or SPY high probability sub systems for a total of 50% ( I won't be using the less probable Trend sub systems but rather systems like QE BTS, CCI oversold, RSI oversold, Bear Long, Bull Exhaust, etc.
Anyway I don't have anything automated or coded into a TS system that automatically gives signals, I have to manually pick these from the SPX chart, that will take quite a while, I will share when i have it complete.
also I'll be out of town Tue and Wed and be back Thursday
Matt, really like this system.
Posted by chapgolf on 20th of May 2019 at 12:32 pm
Matt, really like this system. I have set it up in my own TS account but don't have the BPT ATR Trailing stop. Is that something you are sharing? If so, I would like to appreciate getting a copy. Thank you.
yeah I'll share workspace of
Posted by matt on 20th of May 2019 at 12:36 pm
yeah I'll share workspace of indicators in a while. anyway a bit swamped today, still major issues with my mom, so will be running over there soon for a bit
No rush, hope your mom
Posted by chapgolf on 20th of May 2019 at 12:47 pm
No rush, hope your mom is doing better.