SAFeTRADE 644 posts msg #146465 - Ignore SAFeTRADE |
2/7/2019 12:39:24 PM
Here is a little code I have been playing with for a while. Buy when you have alpha_start signal
and sell when you have alpha_end signal. Seems to work best when Stochastics are over bought
or nearly over bought. No, this has not been back tested. Tweak as you like. Also seems works best
when at a key MA level.
|
davesaint86 725 posts msg #146466 - Ignore davesaint86 |
2/7/2019 12:57:00 PM
If there is a 1 in Bad Idea and a 1 in Alpha Start I assume you do not buy still until the Bad Idea turns to 0.
|
SAFeTRADE 644 posts msg #146468 - Ignore SAFeTRADE modified |
2/7/2019 2:13:53 PM
No, bad_idea means the train has left the station. Buy on dips. Alpha_start will flash only when
bad_idea is activated. Study TAI and see when and where it moves. When bad_idea turns
to 0 run is over.
|
nibor100 1,031 posts msg #146485 - Ignore nibor100 |
2/9/2019 3:58:29 PM
@SAFeTRADE,
Did the idea for your interesting filter come from any of his books?
Thanks,
Ed S.
|
SAFeTRADE 644 posts msg #146491 - Ignore SAFeTRADE |
2/9/2019 8:51:14 PM
Yes, his book "Cash for Life" and the rules which are on his website.
Safetrade
|
dtatu 143 posts msg #146493 - Ignore dtatu |
2/9/2019 11:06:14 PM
It looks good, at the first glance, this filter.
If anybody can backtest it?
|
Cheese 1,374 posts msg #146499 - Ignore Cheese |
2/10/2019 12:09:19 AM
Thank you, SAFeTRADE
Is this summary chart still pertinent?
|
Cheese 1,374 posts msg #146500 - Ignore Cheese |
2/10/2019 12:15:15 AM
SAFeTRADE, you had another Groenke thread in 2015
and jdinkel's version seemed pretty close to specs by Ron Groenke.
But jdinkel's version seemed to be unfinished and abandoned.
What seems to be missing and what would it take to finish it?
Thank you, SAFeTRADE.
|
Cheese 1,374 posts msg #146501 - Ignore Cheese |
2/10/2019 12:37:59 AM
SAFeTRADE,
I also have some honest observations, as a complete Groenke noob.
jdinkel's tai and other charts seemed to maintain some sort of trends.
Yours seemed to look like bounded oscillators,
Are trends not important with this strategy?
Are you sacrificing trends in order to highlight buy and sell points?
Thank you, SAFe.
|
SAFeTRADE 644 posts msg #146505 - Ignore SAFeTRADE |
2/10/2019 9:32:30 AM
The only difference in mine and Groenke's is I changed 50 day numbers to 10 day. Ron Groenke used TAI "take action indicator" as well..an indicator. Shows you at a glance what to do. Do not try to trade the TAI
blindly. Example; TAI signals to "take action" did it enter the zone from above -5 or from below-10. It
makes a difference. Look at how TAI works on the chart.
Have not looked at jdinkel's version. May look at it later. Thanks for your interest in Groenke filter.
|