Matt, thanks for all the great work. Do you use the second
version because it has smaller drawdowns? The drawdown stats don't
show here unless I'm missing something?
i appreciate the %s on these systems--but my main
question is what did you see--- if i understand this correctly then
the 60 stoch staying over the 80 overbought gives confidence
to a buy trade in this instance if the other shorter term
indicators get oversold ??? Is that the basic thrust
here -- Id love some clarity---thanks
yes basically, 60 Stochastic is at 91% while a %R
indicator is oversold. Again it's similar to the Stochastic
momentum stuff where 60 Stochastic is over 80 while a 10 stochastic
gets oversold.
also as a side note the trend/pullback system will likely go
long on Monday even if price is up some.
Matt, thanks for all the
SPY Systems possible trade today - read details
Posted by puma on 21st of Feb 2020 at 04:20 pm
Matt, thanks for all the great work. Do you use the second version because it has smaller drawdowns? The drawdown stats don't show here unless I'm missing something?
they both have the exact
Posted by matt on 21st of Feb 2020 at 04:22 pm
they both have the exact same draw down
i appreciate the %s
Posted by watcdy on 21st of Feb 2020 at 04:27 pm
i appreciate the %s on these systems--but my main question is what did you see--- if i understand this correctly then the 60 stoch staying over the 80 overbought gives confidence to a buy trade in this instance if the other shorter term indicators get oversold ??? Is that the basic thrust here -- Id love some clarity---thanks
yes basically, 60 Stochastic is
Posted by matt on 21st of Feb 2020 at 04:49 pm
yes basically, 60 Stochastic is at 91% while a %R indicator is oversold. Again it's similar to the Stochastic momentum stuff where 60 Stochastic is over 80 while a 10 stochastic gets oversold.
also as a side note the trend/pullback system will likely go long on Monday even if price is up some.
Thanks. Have a great weekend!
Posted by puma on 21st of Feb 2020 at 04:24 pm
Thanks. Have a great weekend!