Something very simplistic

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Originally posted by Quah


Lol. Well, instead of changing this system - or even making adjustments (especially so soon), I'd rather just work on something separate. I figure there is room for more than one "method" - even if they are similar.

Be on the lookout for "Son of Something Very Simplistic" where the most popular question will be "Why 2,176?". :D
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Of course, it's only been three weeks . . .

--Db
 
"Only fools and dead people don't change their minds."

Programming a method on TS hardly translates as a change in philosophy. Even executing the trades doesn't translate as a change in philosophy.

Geez, can you tell I'm at home taking care of my kids today?

:)
 
Originally posted by opm8
Quah,

I think after 120+ pages it's time to investigate some of the subtleties of the system. What are your thoughts on these:

-Do we always SAR if a trade goes against us?
-How many double whammy SARs before throwing in the towel for the day?
-Do we bother looking at what the 1-min chart is "telling us" vs always "blindly" following the 2-min stoch indicator?
-Do we wait to exit the current trade before entering the next one or keep adding/reversing the position? If I'm short on trade A and trade B is a long signal do I buy three contracts (which exits A and results in two Bs since there should be two contracts in play at this point). How many continuous switcheroos like this do we endure?

-Any others you want to mention?
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Instead of waiting for Quah to do all this (assuming he's interested, which he may very well not be), much more progress would be made if those who are using this system were to run their own tests. For example, one might try various sto settings, either faster or slower or with different signal line lengths. Or one might test it with something other than sto. Or one might plot the same sto on both the 1m and 2m and enter only if they both agree as to direction. Or offset the entry by a bar. Or two. Or try every fifth bar. Or use the close of the bar previous to the entry bar rather than the open of the entry bar.

Everybody, I assume, would like to avoid SARs and DWs. The question is how. And that means testing, boring though it may be.

--Db
 
I PM'd the same thought to Quah yesterday Db. I agree with you totally. The one I am looking at this weekend is taking the trade in the direction the %K is pointing, regardless of its position relative to the %D.
 
Originally posted by inandlong
I PM'd the same thought to Quah yesterday Db. I agree with you totally. The one I am looking at this weekend is taking the trade in the direction the %K is pointing, regardless of its position relative to the %D.
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I should mention that someone or ones was looking at using the direction of the previous bar for a direction signal, as well as using the relationship of the %K on the 1m and 2m as a signal, e.g., going long if the %K on the 2m had a higher value than the %K on the 1m, regardless of the value of the %D. I don't remember anything being reported about any conclusions, tho.

--Db
 
Quah, both trades I made today, I went the opposite
way you did (9:33 and 9:43). They were both coinflips
at the time...or so I thought. If the lines are nearly
intersecting or otherwise very close, what do you use
as a tie-breaker?

Also, as someone else mentioned, it is incredible how
frequently this situation seems to come up during these
fib times.

zorak
 
Originally posted by zorak
Quah, both trades I made today, I went the opposite
way you did (9:33 and 9:43). They were both coinflips
at the time...or so I thought. If the lines are nearly
intersecting or otherwise very close, what do you use
as a tie-breaker?

Also, as someone else mentioned, it is incredible how
frequently this situation seems to come up during these
fib times.

zorak
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The only way there could be a real tie is if they were both equal to the same value. I have my charting software set up to color my price bars based on the relationship of the stochastics lines - so I'm not even looking at the actual stochastics themselves. That resolves any issue in trying to figure it out visually.

(edited to add: I'm using Ensign software from www.ensignsoftware.com - I don't work for them - doing something like this is very simple - there are probably 100 options on how to display indicators - one of them happens to be coloring the bars based on above/below - no code, just select the option.)
 
Originally posted by zorak
Quah, both trades I made today, I went the opposite
way you did (9:33 and 9:43). They were both coinflips
at the time...or so I thought. If the lines are nearly
intersecting or otherwise very close, what do you use
as a tie-breaker?

Also, as someone else mentioned, it is incredible how
frequently this situation seems to come up during these
fib times.

zorak
More...

As Quah has said, this is not an issue for him. If you don't want to use his software, tho, you can try using the same settings for both the 1m and 2m and not taking the trade if they don't agree as to direction. Whether you wait until the first bar where the direction is the same on both or wait until the next "scheduled" trade is up to you.

--Db
 
Wow, now that is cool.

I just had a chance to look at the 10:59 trade for the ES. Looks like a good SAR. As was mentioned way back, the SAR operates fairly efficiently as a rule. Thanks to the Excel-lent records you are providing us, there appears to an opportunity there as a stand-alone.

Ok good luck on the next one coming up.
 
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