here's a couple things I use to buy a simple pullback - 60
length and 34 length Stochastics: as you know when trending over
50% market is uptrending. During corrections many times you get
pullbacks where the 60 or 34 Stochastic comes down and kisses the
50% area, I call it a 50% Kiss buy signal. you buy the
reversal bar up where %K crosses over %D and you place your stop at
the previous candle low.
and another example identifying ABC pullback in the market - use
a 60 Stochastic - see the last two images, typically it will have 3
waves down, then once it has C move down, buy the %K crossing over
the %D with stop at the previous candle low
those are some rules on the Trend system to get back in early.
Also methods like that are fractal work on any time frame
here's some early beta images of the daily DVT daily trend type
system where it can do entries and not just DVT stops.
Currently I have the very oversold condition working that I
showed the other day - so you can see the buy signal on Mar 25th,
and 2009 lows etc via the dotted green line - that's drawn in
automatically by the indicator system.
Currently I'm working on adding the 60 and 34 Stochastic buy
signals in as well - that won't be added until next week.
It's complicated but coming along, still a LOT to do, and
everything I have the programmer add some new logic rules seems
like something else breaks, so it's a lot of back and forth getting
all the rules added over time, checking, fixing bugs, then adding
new stuff
here's a couple things I
We're all watching 2955 so with a 30-40 gap opening ...
Posted by matt on 8th of May 2020 at 12:21 pm
here's a couple things I use to buy a simple pullback - 60 length and 34 length Stochastics: as you know when trending over 50% market is uptrending. During corrections many times you get pullbacks where the 60 or 34 Stochastic comes down and kisses the 50% area, I call it a 50% Kiss buy signal. you buy the reversal bar up where %K crosses over %D and you place your stop at the previous candle low.
and another example identifying ABC pullback in the market - use a 60 Stochastic - see the last two images, typically it will have 3 waves down, then once it has C move down, buy the %K crossing over the %D with stop at the previous candle low
those are some rules on the Trend system to get back in early. Also methods like that are fractal work on any time frame
here's some early beta images
Posted by matt on 8th of May 2020 at 12:28 pm
here's some early beta images of the daily DVT daily trend type system where it can do entries and not just DVT stops. Currently I have the very oversold condition working that I showed the other day - so you can see the buy signal on Mar 25th, and 2009 lows etc via the dotted green line - that's drawn in automatically by the indicator system.
Currently I'm working on adding the 60 and 34 Stochastic buy signals in as well - that won't be added until next week. It's complicated but coming along, still a LOT to do, and everything I have the programmer add some new logic rules seems like something else breaks, so it's a lot of back and forth getting all the rules added over time, checking, fixing bugs, then adding new stuff
This is going to be
Posted by cozz101 on 9th of May 2020 at 02:04 pm
This is going to be great when ready for prime time...I look forward to it!