Please note the
following tables are for 5 and 15 min Dow trades, using the 7/21
confirming candle system and holding over night. You would be
continuously in the market. These results are 100% correct and go
back 59 weeks and are up to date.
Also note that
the tables consider a slippage of 15 points, that’s around 20% of
the total gains and a very conservative estimate, yet still
profitable as you can see,
I am sure Matt
can tell you the significance of the T- formula, anything over 1.6
is GOOD.
Just wondering if you have any stats comparing your
7-21 system (ohlc weighted moving averages with a 4 bar
displacement) to a 7-21 system using only close data for
the moving averages with no displacement?
My platform will not allow me to exactly duplicate your
settings.
I haven't checked it out, but there is someone here who trades
South African futures and his entries are earlier, so he gains a
bit by using a simple close and not (o/h/l/c)/4 for his ema's
Posted by eugenijus on 10th of Feb 2009 at 06:07 am
I noted you got buy on 15 min system at price 8005 on 21st
january.I show crossing candle 1:45 p.m.est.t. price 8070 and
confirming candle 8080 time 2:00.How did you get 8005?Then you show
sell at price 8037 on 22nd but dont show buy same day(22nd
january).Later same day I have buy crossing candle time 1:45 price
8110 and confirming candle price 8175.On 23rd january there was
sell cross at the opening and confirmation 10:30 price 7940.And
then buy already as per you stats at price 8091.Would like to
clearify as this whipsaw which I have as per my data significantly
changes performance for january.I trade 7/21 system since
you shared it a couple of months ago both dow and spx
On the 22nd there was NO confirming buy to my system, the
crossing candle was at starting at 21:00 my time ( the ema's were
7-8058: 21-8051) and the confirming candle did NOT close above the
high. The crossing candle closed at 8175.77 with the next candle
opening at that mark, briefly going higher and tanking.
I would go through the rest, but my time is busy right now
Thanks for pointing out a manually incorrect input. on
8005
Posted by eugenijus on 10th of Feb 2009 at 12:58 pm
Thank you for comments.Yes I see.My settings are correct but i
use stockcharts and I had cross exactly through this big
candle.One consider either way.I took it as a crossing.your chart
shows this candle slightly behind cross.When market
moves very fast one candle can make big deal.I used to check all
you stats and this is first time when my chart signal was different
then yours
FWIW
Posted by ravun on 9th of Feb 2009 at 01:22 pm
Please note the following tables are for 5 and 15 min Dow trades, using the 7/21 confirming candle system and holding over night. You would be continuously in the market. These results are 100% correct and go back 59 weeks and are up to date.
Also note that the tables consider a slippage of 15 points, that’s around 20% of the total gains and a very conservative estimate, yet still profitable as you can see,
I am sure Matt can tell you the significance of the T- formula, anything over 1.6 is GOOD.
Here is the 5 min
7-21 system
Posted by x100 on 9th of Feb 2009 at 02:23 pm
Ravun,
Just wondering if you have any stats comparing your 7-21 system (ohlc weighted moving averages with a 4 bar displacement) to a 7-21 system using only close data for the moving averages with no displacement?
My platform will not allow me to exactly duplicate your settings.
Thx
No
Posted by ravun on 9th of Feb 2009 at 02:24 pm
I haven't checked it out, but there is someone here who trades South African futures and his entries are earlier, so he gains a bit by using a simple close and not (o/h/l/c)/4 for his ema's
OK Thx
Posted by x100 on 9th of Feb 2009 at 02:28 pm
Get
Posted by ravun on 9th of Feb 2009 at 02:29 pm
a platform that will allow it, the costs are not too heavy
7-21 system
Posted by x100 on 9th of Feb 2009 at 08:45 pm
lol! Cost isn't the issue. Already using 3 different platforms; just planning to consolidate to the one which offers the most benefit.
And
Posted by ravun on 9th of Feb 2009 at 01:33 pm
the 15 Min
Ravun
Posted by eugenijus on 10th of Feb 2009 at 06:07 am
I noted you got buy on 15 min system at price 8005 on 21st january.I show crossing candle 1:45 p.m.est.t. price 8070 and confirming candle 8080 time 2:00.How did you get 8005?Then you show sell at price 8037 on 22nd but dont show buy same day(22nd january).Later same day I have buy crossing candle time 1:45 price 8110 and confirming candle price 8175.On 23rd january there was sell cross at the opening and confirmation 10:30 price 7940.And then buy already as per you stats at price 8091.Would like to clearify as this whipsaw which I have as per my data significantly changes performance for january.I trade 7/21 system since you shared it a couple of months ago both dow and spx
should
Posted by ravun on 10th of Feb 2009 at 09:49 am
read 8075
On the 22nd there was NO confirming buy to my system, the crossing candle was at starting at 21:00 my time ( the ema's were 7-8058: 21-8051) and the confirming candle did NOT close above the high. The crossing candle closed at 8175.77 with the next candle opening at that mark, briefly going higher and tanking.
I would go through the rest, but my time is busy right now
Thanks for pointing out a manually incorrect input. on 8005
Just to prove that
Posted by ravun on 10th of Feb 2009 at 12:47 pm
point I made earlier today.
You said...
"but dont show buy same day(22nd january).Later same day I have buy crossing candle time 1:45 price 8110 and confirming candle price 8175...."
Which led to you further saying:
"On 23rd january there was sell cross at the opening and confirmation 10:30 price 7940..."
This would be correct, but because the LONG didn't confirm, see chart...it makes sense that I would still be short...and thus not needing to enter a further short
Please to click on chart and read annotations. Maybe your settings incorrect.
agree entirely -
Posted by pki on 10th of Feb 2009 at 01:06 pm
your chart is just as we have using Reuters data via SAXO2 trading platform. pki
On the other hand - the past two weeks on the FTSE and DAX have had a lot of whiplashes on the 7/21 xover system... fyi
Yes
Posted by ravun on 10th of Feb 2009 at 01:35 pm
DAX and FTSE a lot of whip lately
Thank you for comments.Yes I
Posted by eugenijus on 10th of Feb 2009 at 12:58 pm
Thank you for comments.Yes I see.My settings are correct but i use stockcharts and I had cross exactly through this big candle.One consider either way.I took it as a crossing.your chart shows this candle slightly behind cross.When market moves very fast one candle can make big deal.I used to check all you stats and this is first time when my chart signal was different then yours
Ravun
Posted by eugenijus on 9th of Feb 2009 at 01:27 pm
You mentioned a week or 2 ago you have stopped your systems in US market.Are you back with them again?
Yes
Posted by ravun on 9th of Feb 2009 at 01:34 pm
I am..I am also human, but even if I stopped trading, the system carried on recording and thats the results