Methods and Systems Only

[traderkay]

ok props to you Tripack, u're getting some value going here. BTW Jean Michel's "method" is extremely far from being "mostly disclosed". Lemme ask you, what is his exit criteria? Aha, that's what I thought...

 

[Ditch]

Here's a setup I trade a lot. I found it on Linda Rachke's site and its very easy to execute. Plot a 3/10 MACD (SMA), run a 14 SMA of the MACD on top of that. Wait for the SMA to cross the zero-line, then enter on the first cross of the zeroline by the MACD in the direction of the SMA.

 

[lizardgizzard]

Tripack,

I haven't actually traded this method, but have done extensive back testing via an excel spreadsheet with years of continuous data history. Its most profitable in highly liquid markets (SP, Bonds, etc.), due to the less "gappy" nature of such high-volume markets and because the profits so far outweigh the commissions, which can really add up, as a trade is placed almost daily. Its actually adapted from an idea of Larry William's. I just took it a step further. Perhaps with a modified entry/exit criteria, it could be enhanced.

-Lizard Gizzard

 

[TriPack]

Originally posted by traderkay
ok props to you Tripack, u're getting some value going here. BTW Jean Michel's "method" is extremely far from being "mostly disclosed". Lemme ask you, what is his exit criteria? Aha, that's what I thought...

Maybe you and I and a few others can put a bit of pressure on Jeanmichel to disclose a bit more and clarify what he does for his exits. In the mean time I'll change the "mostly disclosed" to "somewhat disclosed".

 

[TriPack]

Originally posted by lawrence
Here's one method I focus on for trading the S&Ps. I use a 5 minute and 15 minute chart with a wilders RSI. When the Wilders RSI makes a new high in the 5 minute prior to the index making a new high, I buy with a 3 point stop and trail it up, vice versa for shorts. Also do the same with the 15-minute. The 5-minute trades occur 10 times for every time a 15 minute trade occurs. These have had a 64% profit rate of at least 1 point or greater (with a trailing 3 point stop.) FWIW.

Lawrence,

Thanks for sharing your method. About how many trades does the 5 minute graph give per day and the 15 minute? Does the 15 minute signal average 1 point per trade too, or is it a bit more profitable?

What do you define as a new high in the 5 minute? Is a higher high than the previous bar a new high or are you talking about a new intraday high? When a new 5 minute bar forms and it starts ticking higher is that a new high in the 5 minute graph? Are you looking at new highs at the close of the bar or while the bar is developing?

Sorry for so many questions, just trying to clarify.

 

[TriPack]

Originally posted by lizardgizzard
Perhaps with a modified entry/exit criteria, it could be enhanced.

-Lizard Gizzard

Thanks for the additional info Lizard Gizzard, and thanks for sharing your method!

 

[TriPack]

Originally posted by Ditch
Here's a setup I trade a lot. I found it on Linda Rachke's site and its very easy to execute. Plot a 3/10 MACD (SMA), run a 14 SMA of the MACD on top of that. Wait for the SMA to cross the zero-line, then enter on the first cross of the zeroline by the MACD in the direction of the SMA.

Ditch,

Thanks for sharing your method. Just to clarify, if the SMA crosses the zero line to the upside, and the MACD is already above the zero line is there a trade or does the MACD have to cross above the zero line after the SMA has crossed above?

 

[Ditch]

Originally posted by TriPack


Ditch,

Thanks for sharing your method. Just to clarify, if the SMA crosses the zero line to the upside, and the MACD is already above the zero line is there a trade or does the MACD have to cross above the zero line after the SMA has crossed above?

The SMA has to cross first, in fact you're entering on the first retrace in a new trend

 

[dbphoenix]

Originally posted by Ditch


The SMA has to cross first, in fact you're entering on the first retrace in a new trend

You could probably do away with the MA entirely if you bought only those retracements that occur after a new swing high.

--Db

 

[Ditch]

Originally posted by traderkay
Man, you sure got a lotta responses. What a coincidence. Let me share the biggest secret: very few people share actual methods on this board (in case you haven't noticed).

Kinda hilarious, considering that most people, who post on this board lose money, are afraid to give away some magic secret