Thank you Matt for the

    Posted by erikvik on 17th of Sep 2019 at 04:37 pm

    Thank you Matt for the continuing education.  The SPY system that is currently long is the breakout model.  Is there any comment on that? eg. where the system puts a stop or target?  Also the BPT MA deluxe system - you don't consider that part of the SPY systems? Cheers.

    the BPT MA Deluxe is

    Posted by matt on 17th of Sep 2019 at 06:15 pm

    the BPT MA Deluxe is not part of the SPY system at this time, they are completely separate code and entities. It's something I might be able to add to the breakout system but at this time it's not part of it, and it's not a trivial quick thing to do, though something I'll look at trying to do one day.  For example just eyeballing past breakout trades I could see where the DVT higher lot stuff would interfere and break a lot things, therefore the breakout system would have to be completed changed/edited in order to accommodate  the DVT stuff.  yes the breakout system does use stops, however the initial stop is quite wide at this point, it takes about 5 - 6 days to really tighten up, and it really tightens up once the trade is profitable. Intially the stop is below the ATR, which again is quite wide something like 293 on SPY  


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