I was looking at the

    Posted by cape_rover on 5th of Sep 2020 at 07:54 am

    I was looking at the KISS system and both the SPY and QQQ systems have exited.  We are now waiting on a vertical line to get back in.  It looks like the QQQ system does not have vertical lines,  is that an oversight or are entries in the QQQ signaled differently?

    no and yes.  First off

    Posted by matt on 5th of Sep 2020 at 04:51 pm

    no and yes.  First off see the image with text:  The cyan vertical dotted lines represent a supposed abc long, based on the BPT MA Deluxe going through a  4 series color change of red, green, red, and finally green while price is also over the 200 day MA.  It happens quite a bit in uptrends and that's one way the system can many times signal an early re entry back long.  See the second image for a good example of a past abc signal. That said you don't always get an abc like that and I'll use a judgement call such as price confirming over the ATR indicator, or MA ribbons, 60 Stochastic etc. That's why I told you guys that the system at times is open to some interpretation until I figure out 100% hard rules, you just have to live with that. anyway the reason why I said no and yes is because we could get one of those perfect abc lines triggered automatically, or we might not and I would determine an entry based off other factors.

    the vertical white dotted line in March represents an Exhaustion Long signal, it's opposite to the Exhaustion Short signal we saw last week, it's rare and only happens on washout selloffs. The system can try a long with a stop at the lows

Newsletter

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