StockFetcher Forums · Filter Exchange · TRO's BLACK BELT TRADING<< 1 2 >>Post Follow-up
ddavid
10 posts
msg #69065
- Ignore ddavid
modified		 11/6/2008 5:33:39 PM

I'm very new, so I know this is not a fresh topic right now, but I am very interested in trying to understand the Black Belt Trading Method. If the long column value is greater than the short column value then its a good long trade? and vice-versa means to short it? And the higher the blackbelt number, the better the trade? is this correct or am I totally off?

Also, it says this is a preliminary filter... is there another version that you have come up with since then?

Thank you so much for your help!


TheRumpledOne
6,411 posts
msg #69067
- Ignore TheRumpledOne
modified		 11/6/2008 6:03:30 PM

The rules for BLACK BELT are in the first post.

Don't focus on the filter. Focus on applying the rules.



ddavid
10 posts
msg #69080
- Ignore ddavid		 11/7/2008 9:56:12 AM

Is this a method I can do after the market closes to pick good trades to put on for the following day? Or it is meant to be applied throughout the day?

I am hoping to come up with a list of maybe 4-6 trades (some shorts and some longs) each evening that I can put on the next morning with automatic upper and lower selling points.

I am new, so any help would be greatly appreciated!
TheRumpledOne
6,411 posts
msg #69082
- Ignore TheRumpledOne		 11/7/2008 10:01:53 AM

It is meant to be used when the market is closed.

However, you may use it when the market is open.



ddavid
10 posts
msg #69094
- Ignore ddavid		 11/7/2008 3:51:58 PM

I have been trying to look at the charts throughout today with your methods... and it seems very promising... but whenever the RSI(2) is low enough and near the bottom bollinger band and beneath the linear regression, the EMA(13) seems to be below the EMA(26)... so I shouldn't buy those just because the EMA(13) is below the EMA(26)?

Also, can you recommend a website that is good for plotting intra-day charts and uses real time data that is free?

Thanks for all the help TRO!!!
TheRumpledOne
6,411 posts
msg #72160
- Ignore TheRumpledOne
modified		 3/6/2009 12:48:33 PM


BLACK BELT TRADING TECHNIQUE

Use a 3 month/Daily www.prophet.net (or similiar) chart

1) RSI(2)
If RSI(2) < 1, look for a long entry signal
If RSI(2) > 99, look for a short entry signal

2) DIVERGENCE
If a lower price is making a higher RSI(2) value that is POSITIVE DIVERGENCE... get ready to load the boat!
If a higher price is making a lower RSI(2) value that is NEGATIVE DIVERGENCE... get ready to get your shorts on!

3) EMA(13) vs. EMA(26)
If the EMA(13) is ABOVE the EMA(26) then the trend is up, stay long.
If the EMA(13) is BELOW the EMA(26) then the trend is down, stay short.

4) EMA(5)
If the CLOSE closes ABOVE the EMA(5) AND the EMA(5) is rising then it is safe to enter the trade long.
If the CLOSE closes BELOW the EMA(5) AND the EMA(5) is falling then it is safe to enter the trade short.

5) LINEAR REGRESSION
If the LINEAR REGRESSION line is RISING then the trend is UP.
If the LINEAR REGRESSION line is FALLING then the trend is DOWN.
If the price touches or breaks through the LOWER LINEAR REGRESSION line AND the trend is up, go LONG.
If the price touches or breaks through the UPPER LINEAR REGRESSION line AND the trend is down, go SHORT.

6) BOLLINGER BANDS
If the price is ABOVE the UPPER BOLLINGER BAND and the candle is red, do not enter long.
If the price is BELOW the LOWER BOLLINGER BAND and the candle is green, do not enter short.

If there are conflicting signals, do nothing.


Fetcher[
/* TRO BLACK BELT TRADING */

set{R2a, days(rsi(2) is below 1,30)}

close above ema(5)
close 1 day ago below ema(5) 1 day ago

close above 1
close below 5

volume above 150000
average volume(90) above 300000

add column ema(5)
add column R2a
and add column separator
add column industry
add column sector
and add column separator


sort column 5 descending
]
TheRumpledOne
6,411 posts
msg #102273
- Ignore TheRumpledOne
modified		 8/15/2011 11:03:48 AM

BLACK BELT TRADING TECHNIQUE

Use a 3 month/Daily www.prophet.net (or similiar) chart

1) RSI(2)
If RSI(2) < 1, look for a long entry signal
If RSI(2) > 99, look for a short entry signal

2) DIVERGENCE
If a lower price is making a higher RSI(2) value that is POSITIVE DIVERGENCE... get ready to load the boat!
If a higher price is making a lower RSI(2) value that is NEGATIVE DIVERGENCE... get ready to get your shorts on!

3) EMA(13) vs. EMA(26)
If the EMA(13) is ABOVE the EMA(26) then the trend is up, stay long.
If the EMA(13) is BELOW the EMA(26) then the trend is down, stay short.

4) EMA(5)
If the CLOSE closes ABOVE the EMA(5) AND the EMA(5) is rising then it is safe to enter the trade long.
If the CLOSE closes BELOW the EMA(5) AND the EMA(5) is falling then it is safe to enter the trade short.

5) LINEAR REGRESSION
If the LINEAR REGRESSION line is RISING then the trend is UP.
If the LINEAR REGRESSION line is FALLING then the trend is DOWN.
If the price touches or breaks through the LOWER LINEAR REGRESSION line AND the trend is up, go LONG.
If the price touches or breaks through the UPPER LINEAR REGRESSION line AND the trend is down, go SHORT.

6) BOLLINGER BANDS
If the price is ABOVE the UPPER BOLLINGER BAND and the candle is red, do not enter long.
If the price is BELOW the LOWER BOLLINGER BAND and the candle is green, do not enter short.

If there are conflicting signals, do nothing.


Fetcher[

/* TRO BLACK BELT TRADING DISPLAY */

set{E1326b,days(ema(13) is above ema(26),100)}
set{E1326a,days(ema(13) is below ema(26),100)}
set{E13xE26, E1326a - E1326b}

set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{CxC, CCa - CCb}

set{E5b,days(close is above ema(5),100)}
set{E5a,days(close is below ema(5),100)}
set{CxE5, E5a - E5b}

set{T10, count(10 day slope of the close above 0,1)}
set{T60, count(60 day slope of the close above 0,1)}
set{T200, count(200 day slope of the close above 0,1)}

Set{a1, T200 * 1}
Set{a2, T60 * 10}
Set{a3, T10 * 100}

Set{aa, a1 + a2}
Set{TREND, aa + a3}

set{v, volume 1 day ago}
set{volinc, volume - v}
set{volpc, volinc / v}
set{volpct, volpc * 100}

set{VolZ, days(volume < 1,100)}
set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VolCnt, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}


set{rsval, RSI(2) }

set{nd2,count( close below close 2 days ago,1) * count( rsi(2) above rsi(2) 2 days ago,1)}

set{nd3,count( close below close 3 days ago,1) * count( rsi(2) above rsi(2) 3 days ago,1)}

set{nd4,count( close below close 4 days ago,1) * count( rsi(2) above rsi(2) 4 days ago,1)}

Set{n2, nd4 * 10}
Set{n3, nd3 * 100}
Set{n4, nd2 * 1000}

set{na, n2 + n3}
Set{PD2345, na + n4}


and add column separator
add column rsi(2)
add column weekly rsi(2)
and add column separator
add column PD2345

and add column separator
and add column E13xE26 {E13xE26}
and add column CxE5 {CxE5}


and add column separator
and add column Trend


and add column CxC {CxC_}

and add column separator
and add column VolCnt
and add column Vdbl
and add column VolZ





symlist(aapl,rimm)

sort column 8 descending
]



Oldie but goodie.
starfox182
24 posts
msg #102898
- Ignore starfox182		 10/11/2011 6:12:42 AM

In reference to the filter above:

pd2345 cxe5 trend cxc_ volcnt vdbl volz

I get the rest not listed here. Can't figure out what these are, hopefully someone can help. Perhaphs some are frequency counts but of what assuming they are?
TheRumpledOne
6,411 posts
msg #102905
- Ignore TheRumpledOne
modified		 10/12/2011 10:02:22 AM

pd2345 - positive divergence 2, 3, 4, 5 days ago ( 1 = yes, 0 = no )

cxe5 - days since close crossed above (+) or below (-) the ema(5)

trend - based on slope of linear regression line for 10, 60 and 200 days. 1 if sloping up, 0 if sloping down

cxc_ days close above (+) or below (-) the previous close

volcnt - days volume above (+) or below (-) the previous volume

vdbl - 1 if volume at least doubled compared to previous day's volume

volz - days with volume = 0



starfox182
24 posts
msg #102929
- Ignore starfox182		 10/13/2011 5:55:28 PM

Thanks so much! :) I would never have gotten those!
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