jackmack
334 posts
msg #110837
- Ignore jackmack |
1/31/2013 10:21:33 PM
Kevin
Is there a way to graph the divergences on the chart for the filters? (other than the signal line at the bottom)
Something similar (visually) to Emans "stupid is as a stupid does" filter where the divergence is displayed
*/Emans stupid is as stupid dose Billy divergence */
close above 5
volume above 5000000
Williams %R(14) has been increasing for the past 2 days
3 day slope of close < 0
Or is it not possible since the divergences are short term?
Just asking
Thank you
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Kevin_in_GA
4,599 posts
msg #110878
- Ignore Kevin_in_GA |
2/1/2013 1:43:33 PM
@jackmack: Not sure what value that brings. These are triggers, either they are on or off. The magnitude of "on" is not part of the system, but if it helps all different levels of divergences were looked at, and these simply were the most profitable and consistent performers.
I could plot the magnitude of the divergence - but instead I want to see you do it as a means to further your SF coding skills.
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Kevin_in_GA
4,599 posts
msg #110882
- Ignore Kevin_in_GA |
2/1/2013 3:59:25 PM
Note that today triggered an exit - I need to check the count but I think all 7 trades in play will close profitably (again).
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jackmack
334 posts
msg #110893
- Ignore jackmack |
2/1/2013 10:05:39 PM
Kevin
Good evening. I am here in Punxsutawney with the family and going to see Phil in the morning.
Kind of a bucket list thing.
I guess the thing I have been struggling with is looking back at the signals and how they relate to price on the chart and I am getting too caught up in the past details and not just going with the signal since I have not been following this for some time.
That said I will still try to write the filter and see if I can do it.
Can't promise anything but I will try.
Thank you
Cheers
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miketranz
978 posts
msg #110898
- Ignore miketranz |
2/2/2013 4:30:23 PM
Kevin,on the SPY chart you provided,what determines your entries & exits in plain simple terms? I'm assuming it's the spikes in lower charts. Also,would you still be in the trade as of today? 80%+ winning trades is very impressive.Thank you for sharing.Miketranz.......
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Kevin_in_GA
4,599 posts
msg #110899
- Ignore Kevin_in_GA |
2/2/2013 6:22:29 PM
Good question - what happens fairly frequently is the system has you sell AND buy again at the open. Seems like no one would do that, but that is the mechanical system. On Friday you had a SELL signal on 7 trades (all closing profitably) and new BUY signals for 5 of those 7 because the divergences are still in effect.
Personally, I would sell 2 units at a profit and keep the rest in play. But that's me.
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miketranz
978 posts
msg #110906
- Ignore miketranz |
2/3/2013 9:49:35 AM
So would a buy signal be the Jan 2 gap open?
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Kevin_in_GA
4,599 posts
msg #110907
- Ignore Kevin_in_GA |
2/3/2013 10:40:55 AM
I you look at each individual filter I posted on page 1, you'll see that only the SMI and Stochastics Divergences triggered a BUY signal on 1/2. The others waited.
Also, 1/2 was a SELL signal for any trades that were still in play.
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Kevin_in_GA
4,599 posts
msg #111043
- Ignore Kevin_in_GA |
2/5/2013 12:25:48 PM
All 10 divergence filters are signaling to BUY SPY right now. May pull back by the end of the day, but 10/10 is a pretty solid set of signals from which to make a call.
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Kevin_in_GA
4,599 posts
msg #111219
- Ignore Kevin_in_GA |
2/8/2013 3:16:03 PM
SELL triggered today. I believe that all 10 filters once again closed profitably.
I really gotta look at automating these ...
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