First off I went ahead and added the weekly SPX KISS chart to
the KISS section, just below the daily. I also added the 120
min at the bottom since a lot of you like that time frame. I may
decide to break this out further and have a tab for the daily, one
for the weekly, and one for intra day vs having them all in one
tab, that way I can post a bunch of past history charts of them so
you can study those vs only looking at the most current.
SPX KISS Section(note I added the currently weekly and 120 min )
that said regarding the weekly my personal preference is the
daily and maybe 120. However that said when I looked at the weekly,
I was shocked how well it still works. I simply took the daily and
changed it to a weekly, I didn't change or modify any settings of
the indicators, again that's one of my goals here to have this work
basically on anything without having to adjust and curve fit. I
also added it to the Dow weekly since I can go back to the 1920's
in Tradestation (SPX only goes back to 1961 in TS for example).
Without adjusting any settings the weekly catches the trends well,
and even manages trade the 1929 crash perfect, the 1987 etc.
Anyway here's some images of that. Also regarding Statistics!
I know that we had some back and forth about that last week.
I have not done statistics for the weekly nor do I plan to at
this time. I would like to do so in the future but I also want to
still add more rules and filters eventually that I'm working on,
that said just how it is now they are pretty impressive simply
using the same settings that I use for the daily, 120 min time
frame etc, the same indicators, same settings, nothing adjusted.
The images I show are current SPX weekly, one from 2007 - 2011, one
from 2003 - 2008, 1987 crash, and late 1929 - 1932. You can see the
dates at the bottom scale on the charts.
One thing that stands out vs the daily and weekly: The daily
obviously gets in earlier but also has more noise where it stops
out and has to get back in, sometimes at higher prices. The weekly
avoids chop/noise much better than the daily and greatly reduces
the number of trades but you give better entries and exits.
Basically the daily has nice entries and exits but more noise, the
weekly has much less noise but not as good entries and
exits.
Therefore one thing I'm interested in trying is a time frame in
the middle. For example making a 2 day chart or a 3 day chart where
each bar represents 2 days or 3 days. That would be right in the
middle of the daily and weekly and may be a nice middle ground
where it would have less noise than the daily but better entries
and exits over the weekly. So this is something I'm very interested
to investigate. that said, I can't make 2 day or 3 day charts in
Tradestation, so it's not possible in TS. However I think you can
do this in Multicharts, which also shares a good 95% to 98% the
same code as Tradestation and thus would be quick to do. I'll have
my programmer look into that this week and will let you know the
results if we are able to do that.
Okay thanks, I don't see it either. That said I think I'm going
to break the charts out into their own tabs anyway, have a tab only
for daily, one for weekly, on for intra day which would contain the
cycles and 120 min, I think that's best because then what I can do
is place the current charts at top and then have a handful of past
charts so that you can see how they did in past situations vs only
seeing the current chart.
Thanks for the update. The Kiss system returns is probably nasty
if you do 1/3 Of you our capital 120, 1/3 daily, 1/3 weekly!
Especially if you use SSO on the 120!
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Weekly KISS charts
Posted by matt on 7th of Nov 2020 at 11:59 am
First off I went ahead and added the weekly SPX KISS chart to the KISS section, just below the daily. I also added the 120 min at the bottom since a lot of you like that time frame. I may decide to break this out further and have a tab for the daily, one for the weekly, and one for intra day vs having them all in one tab, that way I can post a bunch of past history charts of them so you can study those vs only looking at the most current.
SPX KISS Section (note I added the currently weekly and 120 min )
that said regarding the weekly my personal preference is the daily and maybe 120. However that said when I looked at the weekly, I was shocked how well it still works. I simply took the daily and changed it to a weekly, I didn't change or modify any settings of the indicators, again that's one of my goals here to have this work basically on anything without having to adjust and curve fit. I also added it to the Dow weekly since I can go back to the 1920's in Tradestation (SPX only goes back to 1961 in TS for example). Without adjusting any settings the weekly catches the trends well, and even manages trade the 1929 crash perfect, the 1987 etc. Anyway here's some images of that. Also regarding Statistics! I know that we had some back and forth about that last week. I have not done statistics for the weekly nor do I plan to at this time. I would like to do so in the future but I also want to still add more rules and filters eventually that I'm working on, that said just how it is now they are pretty impressive simply using the same settings that I use for the daily, 120 min time frame etc, the same indicators, same settings, nothing adjusted. The images I show are current SPX weekly, one from 2007 - 2011, one from 2003 - 2008, 1987 crash, and late 1929 - 1932. You can see the dates at the bottom scale on the charts.
One thing that stands out
Posted by matt on 8th of Nov 2020 at 01:52 pm
One thing that stands out vs the daily and weekly: The daily obviously gets in earlier but also has more noise where it stops out and has to get back in, sometimes at higher prices. The weekly avoids chop/noise much better than the daily and greatly reduces the number of trades but you give better entries and exits. Basically the daily has nice entries and exits but more noise, the weekly has much less noise but not as good entries and exits.
Therefore one thing I'm interested in trying is a time frame in the middle. For example making a 2 day chart or a 3 day chart where each bar represents 2 days or 3 days. That would be right in the middle of the daily and weekly and may be a nice middle ground where it would have less noise than the daily but better entries and exits over the weekly. So this is something I'm very interested to investigate. that said, I can't make 2 day or 3 day charts in Tradestation, so it's not possible in TS. However I think you can do this in Multicharts, which also shares a good 95% to 98% the same code as Tradestation and thus would be quick to do. I'll have my programmer look into that this week and will let you know the results if we are able to do that.
I don't see the 120
Posted by jlevinthal on 8th of Nov 2020 at 11:48 am
I don't see the 120 on the systems tab
Okay thanks, I don't see
Posted by matt on 8th of Nov 2020 at 01:57 pm
Okay thanks, I don't see it either. That said I think I'm going to break the charts out into their own tabs anyway, have a tab only for daily, one for weekly, on for intra day which would contain the cycles and 120 min, I think that's best because then what I can do is place the current charts at top and then have a handful of past charts so that you can see how they did in past situations vs only seeing the current chart.
Thanks for the update. The
Posted by 609395 on 8th of Nov 2020 at 02:32 pm
Thanks for the update. The Kiss system returns is probably nasty if you do 1/3 Of you our capital 120, 1/3 daily, 1/3 weekly! Especially if you use SSO on the 120!