New SRS system

    Posted by alphahorn on 28th of Jul 2009 at 03:19 pm

    my automated SD trading got me in at 16.42 and out at 16.15, how does that comport with others?

     

    thank

    New SRS System

    Posted by johnskonrady00 on 28th of Jul 2009 at 05:44 pm

    Please help me understand your comments. I am new to using the SRS trading systems and new to BPTraders. Do you mean SRS Long 15 min. 14/40 WMA ? I am using Fidelity Active Trader Pro platform. Today, my chart showed the fast MA crossed @ $16.22 ~11AM and exited the trade @ $16.25 ~ 3PM. What am I missing or not understanding. Maybe my WMAs are calculated differently from your MAs. Not sure which candle to use to enter the trade. I am manually enetreing trades. Please help me understand.

    Thank you in advance for any help. Have a great evening. JSK 

    Make sure you use EMA

    Posted by junkmaylbox on 28th of Jul 2009 at 06:06 pm

    Make sure you use EMA (exponential MA) or SMA (simple or arithmetic MA) as stated in the instructions for the mechanical system. WMA is neither of the above.

    EMA or SMA

    Posted by johnskonrady00 on 28th of Jul 2009 at 06:32 pm

    Thank you for your expeditious response. The SRS system I am using is the 15 min. 14/40 weighted moving average ( WMA ). This system was just posted over the weekend. It is for going longonly !

    Another, question I have with the new SRS ( 14/40) system is when the faster MA crosses (upward) the slower MA you go long and when it crosses downward, you exit and wait !

    Any help would be greatly appreciated, thanks. Have a safe evening. JSK

    ditto

    Posted by dario on 28th of Jul 2009 at 03:29 pm

    ditto

    New SRS system

    Posted by twins on 28th of Jul 2009 at 03:26 pm

    That's what I got. Also using SD.

    Same here

    Posted by padraigm on 28th of Jul 2009 at 03:26 pm

    Same here

    I just got out after

    Posted by RM686 on 28th of Jul 2009 at 03:43 pm

    I just got out after I saw Matts post about Steves elloitwave chart so SRS in at 16.46 and out at 16.28. 

      

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