Looks Like it crossed to a SRS buy signal at the beginning of
the 9:45 candle.
A little scary in light of the gap down, although the 15 min gap
rule did not seem to argue against a market short
positioning. (i.e. It didn't tell us to "fade the gap"...as
far as I could tell)
3 min SKF Swing Mechanical System very close to a cross
...that the position of the crosses on the Mechanical Systems
Charts can shift as new data comes in? I swear that I saw the
EMA's on the 15 min SRS system (from Matt's sticky post) cross over
on the 9:00 candle today, but now that the day has gone on, the
position of the cross has shifted backwards so that the cross looks
like it occured yesterday!
Vaguely reminiscent of
Animal Farmwhere the rules posted on the side of the barn
tended to change with time.
Anyway, so far I'm glad I took this trade. But the day is
young.....
My guess is it looks like that because the 9ema is getting
steeper with the move. Can really only judge the signal by reading
the ema values at at the close of the candles which still indicates
cross as today since 9ema value<=39ema value at close
yesterday.
Posted by philosoraptor on 13th of May 2009 at 11:46 am
I have also noticed that some of the candles change size and
shape in retrospect - is it because freestockcharts.com gets its
data only from BATS Exchange? This represents about 10% of total
traded volume, so is in effect a representative sample. Maybe it
updates total volume from other exchanges on a delayed basis,
thereby 'updating' certain candles and even slightly changing the
time of EMA cross over. Whatever, I prefer a more sinister
explanation...
SRS 15 min Mechanical EMA 9/39
EOD Mechancail Systems Page Real Time
Posted by blue on 13th of May 2009 at 09:52 am
Looks Like it crossed to a SRS buy signal at the beginning of the 9:45 candle.
A little scary in light of the gap down, although the 15 min gap rule did not seem to argue against a market short positioning. (i.e. It didn't tell us to "fade the gap"...as far as I could tell)
3 min SKF Swing Mechanical System very close to a cross
Has anyone else noticed
Posted by blue on 13th of May 2009 at 11:19 am
...that the position of the crosses on the Mechanical Systems Charts can shift as new data comes in? I swear that I saw the EMA's on the 15 min SRS system (from Matt's sticky post) cross over on the 9:00 candle today, but now that the day has gone on, the position of the cross has shifted backwards so that the cross looks like it occured yesterday!
Vaguely reminiscent of Animal Farmwhere the rules posted on the side of the barn tended to change with time.
Anyway, so far I'm glad I took this trade. But the day is young.....
My guess is it looks
Posted by bkout3 on 13th of May 2009 at 11:44 am
My guess is it looks like that because the 9ema is getting steeper with the move. Can really only judge the signal by reading the ema values at at the close of the candles which still indicates cross as today since 9ema value<=39ema value at close yesterday.
all crosses are equal, but some are more equal than others
Posted by biketastic on 13th of May 2009 at 11:31 am
I have also noticed that
Posted by philosoraptor on 13th of May 2009 at 11:46 am
I have also noticed that some of the candles change size and shape in retrospect - is it because freestockcharts.com gets its data only from BATS Exchange? This represents about 10% of total traded volume, so is in effect a representative sample. Maybe it updates total volume from other exchanges on a delayed basis, thereby 'updating' certain candles and even slightly changing the time of EMA cross over. Whatever, I prefer a more sinister explanation...
what did gap indicator say?
Posted by lpant on 13th of May 2009 at 09:56 am