it's showing a 2nd entry - again, an issue I mentioned with that
system at the moment is the stop out, it's not a set price, it's
based on when an indicator crosses over a certain level and that's
pretty far away still. Currently that indicator is at 0.47 and the
indicator needs to reach 0.97 to stop out - that indicator is a bit
hard to predict - it could start ramping up quickly, or it may take
a while.
anyway we've avoided the drawdown on it, so I may or may not
elect to take an entry today if that system takes a 2nd entry, If I
do I may do 1/2 position size. Even if it ends up being a loser
we'll have avoided much of the draw down
none of the long systems are long such as the
breakout.
on the flip side the KISS trend systems went long over the last
week with the QQQ going long on 13th (and was best to buy
that 2 day pullback) for better price, the SPX back long last week.
If the trend up continues for a while the KSS systems will ride
those. That's why I don't worry about the reversion to mean
stuff catching everything - the pullback last week wasn't enough to
trigger any of them, I think one or 2 got close but didn't
trigger
Hi Matt, Just checking, are you
Posted by hkwong on 23rd of Jan 2023 at 11:28 am
Hi Matt,
Just checking, are you seeing any 2nd DVDS short "ghost" signals on ES?
it's showing a 2nd entry
Posted by matt on 23rd of Jan 2023 at 11:34 am
it's showing a 2nd entry - again, an issue I mentioned with that system at the moment is the stop out, it's not a set price, it's based on when an indicator crosses over a certain level and that's pretty far away still. Currently that indicator is at 0.47 and the indicator needs to reach 0.97 to stop out - that indicator is a bit hard to predict - it could start ramping up quickly, or it may take a while.
anyway we've avoided the drawdown on it, so I may or may not elect to take an entry today if that system takes a 2nd entry, If I do I may do 1/2 position size. Even if it ends up being a loser we'll have avoided much of the draw down
none of the long systems are long such as the breakout.
on the flip side the KISS trend systems went long over the last week with the QQQ going long on 13th (and was best to buy that 2 day pullback) for better price, the SPX back long last week. If the trend up continues for a while the KSS systems will ride those. That's why I don't worry about the reversion to mean stuff catching everything - the pullback last week wasn't enough to trigger any of them, I think one or 2 got close but didn't trigger
Matt, is the Stoch Reveral
Posted by junkie on 23rd of Jan 2023 at 11:51 am
Matt, is the Stoch Reveral subsystem going to stop out again? Or is it taking a second entry?