optionplayer333
801 posts
msg #111550
- Ignore optionplayer333 |
2/20/2013 3:54:12 PM
all you do is have etf pairs that track the spy gold silver oil>
symlist(spy,sso,sds,gld,dzz,slv,zsl,dia,dxdsco,oil)
the buy signal and sell signal is when the sets cross each other with the daily rsi(2)>even more accurate if you use the 2 and 4 hours on TOS market watch> on the dail yesterday sds was 53% and the spy was 47%>
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roperwin47
3 posts
msg #111615
- Ignore roperwin47 |
2/21/2013 6:53:58 PM
can you show the syntax code for your system? if yes, please write like a third grader could understand...
thanks!
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marine2
963 posts
msg #111839
- Ignore marine2 |
2/27/2013 10:10:44 PM
Apparently, he couldn't do that for us. More hype than fact I guess.
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karennma
8,057 posts
msg #111849
- Ignore karennma |
2/28/2013 7:54:49 AM
@roper
Try this ..
(3rd grade level LOL!)
It's the same filter, I just removed the metals.
Cut & paste, then back test to Feb. 25, 2013.
Works like a charm.
:>)
symlist(sco,sds,dxd) /*tops*/
/*THEN*/
symlist(spy,dia,sso) /*bottoms*/
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Cheese
1,374 posts
msg #111860
- Ignore Cheese |
2/28/2013 9:31:22 AM
Here is my version of optionplayer333's suggestion:
or, you can simply use Joanne Klein's charts:
http://stockcharts.com/public/1107832/chartbook/272453398;
http://stockcharts.com/public/1107832/chartbook/250386237;
http://stockcharts.com/public/1107832/chartbook/250386396;
http://stockcharts.com/public/1107832/chartbook/276777717;
http://stockcharts.com/public/1107832/chartbook/250426080;
GLTA
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SAFeTRADE
644 posts
msg #111864
- Ignore SAFeTRADE
modified |
2/28/2013 10:21:01 AM
My attempt at such a filter. Add or subtract to your pleasure. These signals are all on the long side.
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karennma
8,057 posts
msg #111921
- Ignore karennma |
3/1/2013 9:40:41 AM
LQQK @ SDS this morning.
This is a very bearish signal for the market.
Two days ago, it was @ $49. -- now it's going back to $49?
That's f)_* up.
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four
5,087 posts
msg #112673
- Ignore four
modified |
4/5/2013 4:19:37 PM
karennma,
SDS
Did you take the trade (3/1/2013 9:40:41 AM)?
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karennma
8,057 posts
msg #112701
- Ignore karennma |
4/9/2013 8:43:31 AM
@ Four,
Unfortunately, I have recently incurred an enormous financial setback, so I am not trading.
And, no, I did not buy SDS.
I do not indulge in Proshares' scams.
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drew9
171 posts
msg #112709
- Ignore drew9 |
4/9/2013 5:59:04 PM
Did anyone bother to backtest this filter? Using only SSO long for example and assuming that it crossed RSI(2) 50 from below yields the following results for the last two years. Exit was just the reverse with entries/exits at the next open. Not what I consider to be an accurate filter especially since the market has rallied substantially higher.
Test started on 2011-04-05 ended on 2013-04-05, covering 502 days
Filter used:
SSO Test (saved filter))
Trade Statistics
There were 80 total stocks entered. Of those, 80 or 100.00% were complete and or 0.00% were open.
Of the 80 completed trades, 37 trades or 46.25%resulted in a net gain.
Your average net change for completed trades was: 0.05%.
The average draw down of your approach was: -1.76%.
The average max profit of your approach was: 2.78%
The Reward/Risk ratio for this approach is: 1.04
Annualized Return on Investment (ROI): 3.22%, the ROI of ^SPX was: 8.17%.
Equity Summary
Starting Account Value: $100,000.00 Fees per trade: $8.95
Ending Account Value: $99,903.65. Cash: $-0.26 Market value of holdings at end: $99,903.91 (paid: $97,636.30)
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