AAPL long term symmetry follow up comments

    Posted by matt on 30th of May 2019 at 03:33 pm

    AAPL - Chart Link - after the long term symmetry break last year, said that AAPL should form a lower high, which it clearly did earlier this year

    Update: AAPL long term symmetry follow up comments

    Posted by matt on 30th of May 2019 at 03:38 pm

    AAPL - Chart Link - on the daily chart of AAPL you can see how my ratcheted stop method would have kept you in most of the uptrend this year, would have been stopped a few weeks back at that last higher low.  The daily is getting oversold, however there is still an open gap to monitor

    AAPL - Chart Link - 60 min has some divergence

    I do think we should

    Posted by mundy on 31st of May 2019 at 12:09 am

    I do think we should re-consider this symmetry example. In July2012 the price was +-80. It dropped to +-50 a year later in July 2013. This drop was  49%. The price of 2309 in Oct 18 dropped to 1409 in December 2019 (+-2 months). The drop was  39% which isn't quite a break of symmetry. 

    By the way this percentage issue is something which I feel made the losses in the ES trend system over the past 18 months so tough to manage. A 5% drop from aprils figure is over 100 points($5k) whereas the same 5% in 2012 was 50 points or $2500.

    as an example of the

    Posted by matt on 30th of May 2019 at 03:50 pm

    as an example of the ratcheted stop - I've now got a version that I can put on any stock.  If you pick the entry date, for example on AAPL here say I go long in Jan, I just tell it the date I'm long, and it will automatically plot each higher low stop and keep in the trend until stopped out

    here's also SPX

    I'm far from done on this stuff but some examples.  anyway the idea keep you in a strong trend, but keep you also out of trouble

    Beautiful!

    Posted by stevieb294 on 30th of May 2019 at 04:27 pm

    Beautiful!

    nice work matt.  I was

    Posted by chadtech on 30th of May 2019 at 03:52 pm

    nice work matt.  I was just thinking about building something like that this morning.  what is your lookback period?

    that's a lot more complicated

    Posted by matt on 30th of May 2019 at 03:54 pm

    that's a lot more complicated than it looks.  And I have it where basically you can say enter a stock position on your own and then enter that date to have it manage it.  There's a lot more things that go into it besides the BPT MA, have to add a lot of other logic as well and it's far from done, just early beta

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!