QQQ PSQ QID NQ-
matt, can you please explain the incongruity of KISS system
exiting QQQ, entering PSQ and QID, and still long NQ, at yesterday
close. I know you have explained different ATR lengths, and NQ
trades nearly 24 hrs x 5 days. Is there an action you would take,
this AM, as a result of
PSQ QIDentries (which have pretty wide stops)? Thanks much
again - the QQQ and SPX KISS daily charts shown in the
newsletter use custom settings that make their peformance a bit
higher than the ones in the standard default KISS tables - they do
match each other. They both actually closed out yessterday
the custom QQQ and the website KISS, even though I can see why
that's confusing from the chart, let me explain.
The QQQ from the table closed 1 penny below the STS - i.e.
QQQ closed at 479.49, while the STS was 479.5, so closed 1 penny
below the close - that's why it closed out. Now you can argue 1
penny? Sure, but it is what it is. Instances like that you can
always choose to give a bit more wiggle room. The website
shows it closed out but doesn't the connected line yet - I think
that line shows up the following day, so it should show up today
when I run the update
This has been asked dozens of times and I've clarified it dozens
of times.
the KISS tables contiain non backtested default setttings of the
KISS systems. The high performance will use non default
settings and backtesting as well as smaller time frames for higher
peformance
PSQ and QID should not be on the list, I wasn't aware they
were there, those are inverse ETF's, I will be removing those.
I have some custom KISS settings that can work on inverse
ETF's but I have not pushed that, the default KISS doesn't work
well on inverse ETF's because it's long only and inverse ETF's do
not trend long enough on daily time frames to be used without
custom tigher settings - ignore those, I'll be removing those
today
NQ is Nasdaq 100 futures, it doesn't have to match what QQQ
is doing, the prices are different and therefore STS prices are
going to be different
thanks, matt. can you please add the sector ETFs that may not be
on KISS: XLX, XLC, XLF, XLV, XLP, XLI, XLB, XLE, XLU, XLRE, XLU and
also OIH and VTI? Have a great weekend
I ran an intra day update on the KISS tables, and you can see
the QQQ has the connecting line now as I said it would on an
update. It's worked that way for the last 1.5 years, but I'll
see if James can have the connecting line show up that same day it
closes out
anyway because I ran up update intra day, therefore please
ignore anything new that may show up - because it's intra day and
things can and will change by close. For example BITO shows a new
entry as of today but again it's not the close yet, it only shows
up now because I ran an intra day update on the daily KISS tables
to confirm the connecting trendline would show up on QQQ and to
remove PSQ and QID
QQQ PSQ QID NQ - m att , can you
Posted by te22 on 19th of Jul 2024 at 08:54 am
QQQ PSQ QID NQ - m att , can you please explain the incongruity of KISS system exiting QQQ, entering PSQ and QID, and still long NQ, at yesterday close. I know you have explained different ATR lengths, and NQ trades nearly 24 hrs x 5 days. Is there an action you would take, this AM, as a result of PSQ QID entries (which have pretty wide stops)? Thanks much
again - the QQQ and
Posted by matt on 19th of Jul 2024 at 09:42 am
again - the QQQ and SPX KISS daily charts shown in the newsletter use custom settings that make their peformance a bit higher than the ones in the standard default KISS tables - they do match each other. They both actually closed out yessterday the custom QQQ and the website KISS, even though I can see why that's confusing from the chart, let me explain.
The QQQ from the table closed 1 penny below the STS - i.e. QQQ closed at 479.49, while the STS was 479.5, so closed 1 penny below the close - that's why it closed out. Now you can argue 1 penny? Sure, but it is what it is. Instances like that you can always choose to give a bit more wiggle room. The website shows it closed out but doesn't the connected line yet - I think that line shows up the following day, so it should show up today when I run the update
This has been asked dozens of times and I've clarified it dozens of times.
the KISS tables contiain non backtested default setttings of the KISS systems. The high performance will use non default settings and backtesting as well as smaller time frames for higher peformance
PSQ and QID should not be on the list, I wasn't aware they were there, those are inverse ETF's, I will be removing those. I have some custom KISS settings that can work on inverse ETF's but I have not pushed that, the default KISS doesn't work well on inverse ETF's because it's long only and inverse ETF's do not trend long enough on daily time frames to be used without custom tigher settings - ignore those, I'll be removing those today
NQ is Nasdaq 100 futures, it doesn't have to match what QQQ is doing, the prices are different and therefore STS prices are going to be different
thanks, matt. can you please
Posted by te22 on 19th of Jul 2024 at 11:27 am
thanks, matt. can you please add the sector ETFs that may not be on KISS: XLX, XLC, XLF, XLV, XLP, XLI, XLB, XLE, XLU, XLRE, XLU and also OIH and VTI? Have a great weekend
I ran an intra day
Posted by matt on 19th of Jul 2024 at 11:27 am
I ran an intra day update on the KISS tables, and you can see the QQQ has the connecting line now as I said it would on an update. It's worked that way for the last 1.5 years, but I'll see if James can have the connecting line show up that same day it closes out
https://breakpointtrades.com/ts/view_chart.php?s=QQQ&g=BPT_basket
I removed QID, PSQ as well
anyway because I ran up update intra day, therefore please ignore anything new that may show up - because it's intra day and things can and will change by close. For example BITO shows a new entry as of today but again it's not the close yet, it only shows up now because I ran an intra day update on the daily KISS tables to confirm the connecting trendline would show up on QQQ and to remove PSQ and QID
https://breakpointtrades.com/sts_table/?search=BPT_basket
Just to confirm so I
Posted by jonesy85 on 19th of Jul 2024 at 09:47 am
Just to confirm so I am reading this right the newsletter spx daily has a sts at 5537 and the QQQ 479.55?
And a RTM entry too,
Posted by mastermind on 19th of Jul 2024 at 08:58 am
And a RTM entry too, though not in the Q’s.