snappyfrog 731 posts msg #159272 - Ignore snappyfrog modified |
7/8/2022 9:08:25 AM
I found that using the displaced moving average was giving me a signal
on my charts, but not as a count on my signals, due to repainting.
I missed the last move on NVAX from $38 to over $70 because of this.
I have therefore removed the DMA and am now using custom moving
average crossover of the PVI(5) and PVI(10) (positive volume index).
I am posting it below (if you click Fetch and it says you have exceeded
you subscription, click again). If you find any errors, please feel free to respond.
Thoughts, comments and advice are always welcome!
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Mactheriverrat 3,157 posts msg #159274 - Ignore Mactheriverrat |
7/8/2022 12:09:37 PM
Interesting!!!!!!
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nibor100 1,046 posts msg #159278 - Ignore nibor100 |
7/10/2022 12:15:43 PM
Your new modified scan does indeed find NVAX before the big run-up with a 2 signal count.
However it found it a couple of weeks before with an even stronger signal count of 4 on May 27, but that would not have been too good of a trade.
Ed S.
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snappyfrog 731 posts msg #159279 - Ignore snappyfrog |
7/11/2022 1:34:44 AM
True. As with any filter / scan there are going to be head
fakes. Thus, a stop loss is required.
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miketranz 969 posts msg #159280 - Ignore miketranz |
7/11/2022 11:12:16 AM
Snappy,where's the trigger? What's the logic behind it? Thanks,Miketranz....
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risjr 229 posts msg #159291 - Ignore risjr |
7/12/2022 7:45:17 PM
GOOD QUESTIONS!!
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snappyfrog 731 posts msg #159306 - Ignore snappyfrog |
7/15/2022 4:54:50 AM
I use a "window" to buy. It comes up on the scan when it
rises to 2 signals. At 5 signals, I consider the "window" closing.
That is not to say price won't continue to rise, but I want
to be in earlier on the move.
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snappyfrog 731 posts msg #159310 - Ignore snappyfrog |
7/15/2022 5:55:48 AM
Also, I buy the day after the signal IF open is above
close or open is in top 25% of previous candle and
breaks the high of said candle.
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