Posted by DigiNomad on 25th of May 2023 at 04:18 pm
I personally think I understand the reason they don't annotate
chart posts this way and would rather they err on the side of
posting more charts with less guidance than to post charts feeling
like they needed to pick a direction. After all, this is a
probabilities based game where picking a direction is a crap shoot.
Why would they essentially invite criticism from subscribers who
maybe don't (yet) understand that dynamic and go big based on a
particular suggestion? But that's just me..
no idea what you are talking about - The VIX BB chart is
something we've posted for 15 years. up until recently I didn't
have statistics for that - as is with standard BB settings you have
a profit factor of 2 if one closes out on a move over the 9 SMA
my modified VIX system did not trigger that has the much higher
stats
we do a good job about posting novel indicators and system like
charts with URL's that others do not, like this
but yet instead of happy folks still bitch, why bother quite
honestly
here's a link to a bunch of those custom charts, and here's the
VIX stats based on standard BB settings, and the other one, which
did not trigger - should you take it? I don't know, that's up for
you to decide - otherwise the standard VIX BB triggered today,
trade exits on a close back above the 9 SMA, which isn't far
away
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I personally think I understand
VIX and VVIX obviously both closing back inside their bands
Posted by DigiNomad on 25th of May 2023 at 04:18 pm
I personally think I understand the reason they don't annotate chart posts this way and would rather they err on the side of posting more charts with less guidance than to post charts feeling like they needed to pick a direction. After all, this is a probabilities based game where picking a direction is a crap shoot. Why would they essentially invite criticism from subscribers who maybe don't (yet) understand that dynamic and go big based on a particular suggestion? But that's just me..
sorry DigiNomand -I read that
Posted by matt on 25th of May 2023 at 04:51 pm
sorry DigiNomand -I read that wrong, thx for the support
no idea what you are
Posted by matt on 25th of May 2023 at 04:48 pm
no idea what you are talking about - The VIX BB chart is something we've posted for 15 years. up until recently I didn't have statistics for that - as is with standard BB settings you have a profit factor of 2 if one closes out on a move over the 9 SMA
my modified VIX system did not trigger that has the much higher stats
we do a good job about posting novel indicators and system like charts with URL's that others do not, like this
https://breakpointtrades.com/market_analysis/legacy/?nl_id=3995
but yet instead of happy folks still bitch, why bother quite honestly
here's a link to a bunch of those custom charts, and here's the VIX stats based on standard BB settings, and the other one, which did not trigger - should you take it? I don't know, that's up for you to decide - otherwise the standard VIX BB triggered today, trade exits on a close back above the 9 SMA, which isn't far away