I am not going to do the expectancy calculation work for you for free. I am just an individual trader. I am not trying to sell anyone anything. This was just for research and discussion purposes. But everything I am seeing shows me that it gives you some small losses during choppiness but keeps you in the trade during big gains and keeps you out during big losses. For me it looks pretty good. But you can do whatever the f you want. I could care less.
SMA is my favorite
- Thread starter eleanorK80
- Start date
I am not going to do the expectancy calculation work for you for free. I am just an individual trader. I am not trying to sell anyone anything. This was just for research and discussion purposes. But everything I am seeing shows me that it gives you some small losses during choppiness but keeps you in the trade during big gains and keeps you out during big losses. For me it looks pretty good. But you can do whatever the f you want. I could care less.
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THAT's his business what period ma to use;
but ''simply'' LOL dont trade during sideways slop chop like a trend is traded or invested.
IF he wants to, he could sell some of his longer trades or investment profits.
MOST first day SPY, AUG area close Up, not a whipsaw prediction or a stock tip
Gotta love the esprit de corps in this place!
May I suggest you use an extra filter to get in and out of a trade? It will reduce your whipsaw drastically and it will also improve your reward-to-risk ratio.
Keep using your 12 SMA as a filter to go short or long, but when price is for example above your 12 sma, wait for the first pullback towards your 12 SMA. You could measure this with any oscillator. And when you have the pullback, wait for a clear move back in your favorite direction as a trigger. Put your stop just below the pullback. You will have a better system this way.
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Sounds right+ bright.
About the only exception is a trend day where it so seldom pulls back much @ all, dont quibble on a quarter + miss the move. But that assumes one has a trend profit plan that includes shallow pullback trend days??
I see no 12 month , ma on his charts/ but i seldom see much sense on some else'$ charts;
most likely not using that as exit signal anywayLOLIt works about the same...It did a double pullback to around $78.60. Then the hourly Stochastic MACD did a crossover and came out of oversold on 7/26 at 2pm. Today (like everything else) it did another pullback to around $79 and the hourly Stochastic MACD looks like it is going to do another crossover and come out of oversold.
It can be useful for helping you to see what price is doing compared to a naked chart. However, just using it to go long or short is useless since by itself, it has only a 50% win rate, the same as flipping a coin.
I see on the first chart 9 entries and now you have 5?
These are not my actual entries. It's the dynamic re-painting of the buy and sell signals of the strategy. The charts are on different timeframes.. I don't trade every signal. My sell/take profit target is up there.