I added a bit more info to the FAQ, one of lower STS stops that
occur once in a while, and some comments about future
ideas/improvements. The FAQ should go live today on the website,
and mayable some of those weekly charts. I would like to get
some beta high performance stuff working late this week as
well.
here's what I added
----------
Q: From the two examples you showed, it looks like
each new STS always moved up to a higher price from the previous
one, is that true?
A: In most cases this is what you will see, probably 90% or more
of the time. However, there are times when the new STS will be at a
lower price than the previous one. The reason for this is because
the system is using multiple average true range calculations, and
when the new STS stop drops lower than the previous one, the system
likely handed off one of the ATR functions to a wider one, hence
the stop gets wider - this is discussed below.
----------
Q: What are your plans for the KISS systems and
the backtested high performance versions?
A: The KISS system is not static, my goal would
be to add additional logic and filters over time to improve the
system even more. Basically, the system is never fully finished,
it’s always a work in progress that will evolve and grow. Off the
top of my head, things I’d like to add are additional Elliot Wave
logic, and also perhaps a scaleout or profit target component. I’d
also like to add logic to detect very overbought conditions that
may have the system either tighten up the STS stops, or reduce
position size.
With regards to the High Performance systems, I plan
to add more stocks and ETF’s over time, and I will keep an eye on
the performance and profit curves and I will re-backtest or adjust
settings when necessary.
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I added a bit more
KISS systems FAQ beta
Posted by matt on 20th of Feb 2024 at 11:15 am
I added a bit more info to the FAQ, one of lower STS stops that occur once in a while, and some comments about future ideas/improvements. The FAQ should go live today on the website, and mayable some of those weekly charts. I would like to get some beta high performance stuff working late this week as well.
here's what I added
----------
Q: From the two examples you showed, it looks like each new STS always moved up to a higher price from the previous one, is that true?
A: In most cases this is what you will see, probably 90% or more of the time. However, there are times when the new STS will be at a lower price than the previous one. The reason for this is because the system is using multiple average true range calculations, and when the new STS stop drops lower than the previous one, the system likely handed off one of the ATR functions to a wider one, hence the stop gets wider - this is discussed below.
----------
Q: What are your plans for the KISS systems and the backtested high performance versions?
A: The KISS system is not static, my goal would be to add additional logic and filters over time to improve the system even more. Basically, the system is never fully finished, it’s always a work in progress that will evolve and grow. Off the top of my head, things I’d like to add are additional Elliot Wave logic, and also perhaps a scaleout or profit target component. I’d also like to add logic to detect very overbought conditions that may have the system either tighten up the STS stops, or reduce position size.
With regards to the High Performance systems, I plan to add more stocks and ETF’s over time, and I will keep an eye on the performance and profit curves and I will re-backtest or adjust settings when necessary.