new trades today, here's part of an email I'll be sending out -
and see attached table showing the new entries. Looks like we'll be
at 10 total entries from various systems, the most I've seen at one
time I think is 15 or 13 and it was only for a couple days.
Otherwise the number of entries is getting up there but still
below a lot of those really deep sell offs where more sub systems
were triggering with higher number. Again as I discussed the other
day, you either take them all, or you limit the number of entries
by setting a limit such as 8 or 10, whatever fits you. Or if SPY
and ES happen to have the same entry on the same sub system on the
same day - only do one of the entries not both. Again I just
report what they are doing, they follow and do what fits you
This is an alert about BPT Mechanical Systems:
KISS trend following systems on the indexes have been out and in
the safety of cash as you know.
More mean reversion systems trades today. Kind of a pucker trade
as the systems scale in, haven't seen that in a while, but this is
typical of the mean reversion systems over the years, at times they
scale in and take some heat before the inevitable mean reversion
bounce. I simply report what the sub systems are doing, you choose
to follow them or not.
SPY mean reversion systems: 1. QE BTS 2nd will be taking a 2nd entry long. For website
I'll show it as $10K of SSO ETF
2. A new sub system is taking a 1st entry: CCI Divergence, I
will show as $10K of SPY ETF
ES mean reversion systems:ES does not close until 5 pm so
trades are not officially confirmed until that time, that said
here's what is likely to trigger
1. 2nd entry QE BTS - I'll show it as 4 MESZ23 contracts
2. 3rd entry Trend/Pullback - I'll show as 3 MESZ23
contracts
it's based on a very low spike on the CCI indicator such as
below -250, then price going lower while the CCI goes higher
creating a positive divergence. Also one of the shorter held trades
- average hold time is 4 days 9hrs
mean reversion systems trades
Posted by matt on 26th of Sep 2023 at 03:47 pm
new trades today, here's part of an email I'll be sending out - and see attached table showing the new entries. Looks like we'll be at 10 total entries from various systems, the most I've seen at one time I think is 15 or 13 and it was only for a couple days. Otherwise the number of entries is getting up there but still below a lot of those really deep sell offs where more sub systems were triggering with higher number. Again as I discussed the other day, you either take them all, or you limit the number of entries by setting a limit such as 8 or 10, whatever fits you. Or if SPY and ES happen to have the same entry on the same sub system on the same day - only do one of the entries not both. Again I just report what they are doing, they follow and do what fits you
This is an alert about BPT Mechanical Systems:
KISS trend following systems on the indexes have been out and in the safety of cash as you know.
More mean reversion systems trades today. Kind of a pucker trade as the systems scale in, haven't seen that in a while, but this is typical of the mean reversion systems over the years, at times they scale in and take some heat before the inevitable mean reversion bounce. I simply report what the sub systems are doing, you choose to follow them or not.
SPY mean reversion systems:
1. QE BTS 2nd will be taking a 2nd entry long. For website I'll show it as $10K of SSO ETF
2. A new sub system is taking a 1st entry: CCI Divergence, I will show as $10K of SPY ETF
ES mean reversion systems:ES does not close until 5 pm so trades are not officially confirmed until that time, that said here's what is likely to trigger
1. 2nd entry QE BTS - I'll show it as 4 MESZ23 contracts
2. 3rd entry Trend/Pullback - I'll show as 3 MESZ23 contracts
Would you please post the
Posted by jhbernstein on 26th of Sep 2023 at 04:00 pm
Would you please post the CCI div. trading summary when you have a chance?
It's been a while since that signal has triggered.
tyia
it's based on a very
Posted by matt on 26th of Sep 2023 at 04:12 pm
it's based on a very low spike on the CCI indicator such as below -250, then price going lower while the CCI goes higher creating a positive divergence. Also one of the shorter held trades - average hold time is 4 days 9hrs
tyvm
Posted by jhbernstein on 26th of Sep 2023 at 04:43 pm
tyvm