sandjco
648 posts
msg #151517
- Ignore sandjco |
3/27/2020 10:06:14 PM
VE,
Thank you for sharing the system and taking the time to answer the questions.
I, for one, am very thankful.
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Village Elder
231 posts
msg #151518
- Ignore Village Elder |
3/27/2020 10:28:37 PM
@Ratilal - I personally like to see no red candles in the last five days, but this is not a prerequisite for a better trade. Also like to be sure that I have a few days before the ROC(5,1) crosses back below 50 so just look at the price action and you can see if it will give you the time to make a profit.
At an 83% win rate and an averaged return of 5.2% ($52,000 /100 trades = $520 per trade, or 5.2% averaged return per trade) the statistics would argue that any random 5 should be okay.
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Ratilal.Haria@gmail.com
6 posts
msg #151537
- Ignore Ratilal.Haria@gmail.com |
3/28/2020 7:52:40 PM
Hi VE
Thanks for everything.
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Dylan
43 posts
msg #151560
- Ignore Dylan |
3/30/2020 1:55:11 PM
Thank you Village Elder for your contributions. Your attention to detail and problem solving skills are magnificent.
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shillllihs
6,047 posts
msg #151786
- Ignore shillllihs |
4/9/2020 10:40:30 AM
The way I determine a bear market is if monthly ma2 is over ma21 on SH, IF April doesn't close above we are in a bull market again. Amazing.
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SFMc01
358 posts
msg #152058
- Ignore SFMc01 |
5/5/2020 2:05:57 PM
shillllihs; Regarding your filter posted here on 1/10/20 in "Village Elder Short -Sell Filter Discussions," how do you consider what you see in the "momentum" column? (I don't know how to use or think about momentum in my trading.)
Thank you,
Steve Mc
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SFMc01
358 posts
msg #152154
- Ignore SFMc01 |
5/11/2020 12:42:53 PM
Village Elder: When you write regarding exits "3. Trade goes more than three days - trade is closed automatically.", do you actually exit at the end of the 3rd day, the open of the 4th day, or, something else?
Thanks,
Steve
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Village Elder
231 posts
msg #152162
- Ignore Village Elder |
5/11/2020 8:38:11 PM
Never put that into play. If you look at the thread you'll see that I basically used either a good profit on day 1 or the ROC(5,1) dropping below 50 as my exit triggers. No need to overcomplicate the system, and the results ended up just fine.
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SFMc01
358 posts
msg #152165
- Ignore SFMc01 |
5/12/2020 7:48:04 AM
Thank you
Steve
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