Quick Alert: ROC Indicator Closes Short, Goes Long Wed Jul 11, 2012 6:53am 14 At yesterday’s close, the ROC indicator closed its open, profitable short, and opened a long position in SPY. The trigger for this is when the ROC252 closes above the ROC5 for the 2nd day in a row. Tweet 14 Responses to “Quick Alert: ROC Indicator Closes Short, Goes Long” Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. July 11, 2012 at 7:31 am Merci. Woodshedder July 11, 2012 at 7:59 am No problemo. Bozo on a bus July 11, 2012 at 8:31 am Just incredible, so simple, so effective. Kudos for continuing to share this. On a completely unrelated note, did you see this story? http://www.businessinsider.com/pre-fomc-announcement-drift-2012-7 In the market only 8 days a year? I’m reading the FED notes. Woodshedder July 11, 2012 at 8:46 am Awesome find. I’ll take a look at it. TenDollarTommy July 11, 2012 at 5:56 pm Wood… what’s the winning percentage of this indicator over a trailing period…say one or two years? I have read your stuff for a couple years and am just wondering…thanks! Woodshedder July 11, 2012 at 7:03 pm Tommy, I will be glad to post that for you. I’ll get it up soon. Heisenberg July 11, 2012 at 6:02 pm ever think about testing this indicator on AAPL? Woodshedder July 11, 2012 at 7:03 pm Sure. I’ll test in on AAPL and reply back here. moth July 12, 2012 at 2:56 am Interesting stuff. On stockcharts.com the 5 day ROC matches yours, but the 252 day ROC is 3.8. Do you know why there’s such a discrepancy, or what adjustment I’d need to make on stockcharts? Woodshedder July 12, 2012 at 11:14 pm moth, this has been covered like 10 times, but I can’t remember the exact solution. If you peruse earlier posts on the ROC indicator and look at the comments section, it has been explained. I’ll try and dig it up this weekend. moth July 16, 2012 at 3:56 am I did some digging myself, but no treasure showed up. I enjoy your work. Mr. Cain Thaler July 12, 2012 at 8:20 pm That was quick, no? How’ve you been, now Wood? Woodshedder July 12, 2012 at 11:15 pm It was quick, but that is the nature of this indicator when the market is not trending. I’ve been well…hoping to see you in a few weeks? Mr. Cain Thaler July 13, 2012 at 9:30 am I’ll be there. Booked the hotel and flight earlier this week. Comments are closed.