- SPY new stop 402.4, moved up from 401.3 yesterday
- MES new stop 4110, moved up from 4102 yesterday
Technically the DVDS system has a 2nd entry short on ES, price
is a bit higher than that and we have avoided the draw down. I'm
considering issuing an order for a 1st entry.
The DVDS is one of the older systems, it does have a stop out
level, however the stop is when the DVDS indicator gets very
overbought about 0.97 and 0.98, currently it's at 0.87 on SPY and
0.83 on ES, so if prices go higher the indicator will have to hit
those levels to stop out
Posted by simple_million on 18th of Apr 2023 at 08:33 pm
Just curious how the stoploss was determined for the DVDS short
-- is it percentage based to limit drawdowns, or it maximizes
returns to use the stoploss?
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New stops on SPY and ES breakout
Posted by matt on 17th of Apr 2023 at 04:13 pm
New stops on breakout SPY and ES systems
- SPY new stop 401.3, moved up from 400.1 on Friday and 399 on Thursday
- MES new stop 4102, moved up from 4095 on Friday
stops are still wide and below entry prices however they continue to tighten. MES position is up $500 from entry
Updated Stops on the SPY
Posted by matt on 18th of Apr 2023 at 04:09 pm
Updated Stops on the SPY and ES breakout systems
- SPY new stop 402.4, moved up from 401.3 yesterday
- MES new stop 4110, moved up from 4102 yesterday
Technically the DVDS system has a 2nd entry short on ES, price is a bit higher than that and we have avoided the draw down. I'm considering issuing an order for a 1st entry.
The DVDS is one of the older systems, it does have a stop out level, however the stop is when the DVDS indicator gets very overbought about 0.97 and 0.98, currently it's at 0.87 on SPY and 0.83 on ES, so if prices go higher the indicator will have to hit those levels to stop out
Updated Stops on the SPY
Posted by matt on 19th of Apr 2023 at 09:49 am
Updated Stops on the SPY and ES breakout systems
- SPY stop moving up new stop 403.5, moved up from 402.4 yesterday, 401.3 from Monday
still a ways to go to get it above entry but nice seeing it move some every day to reduce risk
I'll report the MES stop later and the SPY stop will move around some today so I'll report the final number later as well
As far as the market, what I'm concerned with is a larger 4th wave correction soon, but I'm hoping we can still get another pop first, we'll see
the reversion to mean systems are basically hedged with both SPY and ES in a breakout long and DVDS short
Updated Stops on the SPY
Posted by matt on 20th of Apr 2023 at 12:57 pm
Updated Stops on the SPY and ES breakout systems
- SPY stop moving up new stop 404.5, moving up from 403.5 yesterday, was 401.3 on Monday
Looks like SPY first MACD
Posted by srusso1 on 19th of Apr 2023 at 11:37 am
Looks like SPY first MACD Kiss coming up to me on 10min will see.
Are these stops for daily
Posted by dtheo on 19th of Apr 2023 at 11:36 am
Are these stops for daily close or intraday?
intraday
Posted by junkie on 19th of Apr 2023 at 12:04 pm
intraday
It might be old but
Posted by crossharry on 18th of Apr 2023 at 04:23 pm
It might be old but didn't you say a couple of weeks ago that the DVDS system has 100% winning trades? No age discrimination on this site... :)
the ES DVDS has 93%
Posted by matt on 18th of Apr 2023 at 04:26 pm
the ES DVDS has 93% winning trades while the SPY version has 100% winning historical trades so far
Just curious how the stoploss
Posted by simple_million on 18th of Apr 2023 at 08:33 pm
Just curious how the stoploss was determined for the DVDS short -- is it percentage based to limit drawdowns, or it maximizes returns to use the stoploss?