ah not really - they are 99% correlated but the prices are very
different and thus indicators will be in different spots. I also
don't want the SPY and ES systems to trigger the same trades
really, there's overlap but part of the risk mitigation is that the
trades are many times a bit different i.e. better entry on SPY or a
better entry on ES for the same system, or a better exit on one vs
the other, or one avoids a trade, while the other takes it - an
averaging effect
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
It's weird that SPY DVDS
SPY short systems - Stoch Rev may stop out today
Posted by hkwong on 24th of Jan 2023 at 10:10 am
It's weird that SPY DVDS doesn't trigger a short signal while the ES got triggered when the price was way lower.
ah not really - they
Posted by matt on 24th of Jan 2023 at 10:20 am
ah not really - they are 99% correlated but the prices are very different and thus indicators will be in different spots. I also don't want the SPY and ES systems to trigger the same trades really, there's overlap but part of the risk mitigation is that the trades are many times a bit different i.e. better entry on SPY or a better entry on ES for the same system, or a better exit on one vs the other, or one avoids a trade, while the other takes it - an averaging effect