The equity curve shows the results of buying the SPY first close beneath the 2 day moving average (dma) and then closing the long position on the first close above the 2dma. It also sells short the first close above the 2dma and covers the short on the first close beneath the 2dma. In short, [...]
I have two different systems, using two different entry methods, that are both signaling that there should be some weakness ahead over the next several days.
Granted the Bamboo is one of the systems, and over the last 23 trades has only been right 47% of the time. However, over the past 90 trades, since November [...]
Carsten’s post about a simple pivot-based trading system was intriguing to me mainly because I have never tried to code such a system. I guessed that coding a proof-of-concept of the system would be pretty easy, and it was.
Here is the code for Tradestation:
inputs:
ATRLength( 10 ), // I used Average True Range as a substitute [...]
Turns out that BZB Trader also saw Carsten’s work on the pivot-based trading system.
BZB writes: “Supporting my on-going research into the value of pivots for forecasting market direction, Cucca recently sent me a link to one of Henry Carstens pivot based trading systems. Cucca also posted the code for a little MeClellan based system (in [...]
I know many of you are becoming more interested in a trading a system, especially after what the markets have been doing over the past 1.5 years.
Henry Carstens over at Vertical Solutions is a phenomenal resource for systems traders. He recently published this simple pivot-based trading system. I like it because it demonstrates how traders [...]
I have over-ridden one of my systems three times in two days. I really feel like I need to confess. This behavior cannot be tolerated.
As much as I try to ignore the noise, it is very hard.
The economy, employment, etc., are not the market. While I am extremely concerned about our country and the welfare [...]
Parts One and Two established the framework and system to use for the study. Now it is time to get to the meat of the study: How can we combine elements of trend-trading to a system that often trades counter-trend?
First, what measure constitutes the trend? Deciding the best measure for the trend can be somewhat [...]
