pthomas215 1,251 posts msg #141816 - Ignore pthomas215 |
2/3/2018 7:47:56 PM
mac, it may stop at 105 but there is an additional support like if you go back to August...topped @ 97, then went back down to that exact level later. Just saying we may see an up day Monday but it would not surprise me if next week we dropped below 100 to 97
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davesaint86 726 posts msg #141822 - Ignore davesaint86 |
2/3/2018 9:16:49 PM
Mac - Just noticed that you changed the code a little. Cool!
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Mactheriverrat 3,172 posts msg #141826 - Ignore Mactheriverrat |
2/4/2018 1:02:51 AM
@PT -Support levels are always good to watch.
@Dave Roger that on the changed code
cma(DMA(8,-5),1) cross above cma(DMA(8,-5),8)
I've added
do not draw dma(8,-5),8) but still keep watching it
It seems that the cma(DMA(8,-5),1) and cma(DMA(8,-5),8) are a little slower and so far seem to be working well with each other.
I just got out of WFC 2 days ago in my IRA on a cma(DMA(8,-5),1) cross below cma(DMA(8,-5),8)
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pthomas215 1,251 posts msg #141832 - Ignore pthomas215 |
2/4/2018 11:20:04 AM
Mac/Davesaint, what is your favorite cma dma filter then that includes ""cma(DMA(8,-5),1) crossed above cma(DMA(8,-5),8)" ?
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Cheese 1,374 posts msg #141833 - Ignore Cheese |
2/4/2018 12:08:11 PM
Thank you, Mac and Dave, for sharing your very helpful filters.
I have a request along the line of pthomas.
May I suggest that you start a new read-only repository thread to help readers better follow your many excellent filters? e.g.
MACTHERIVERRAT REPOSITORY (read-only)
DAVESAINT86 REPOSITORY (read-only)
Perhaps, you could also add dates to your comments inside the filters so readers can follow a little easier.
Again, many thanks to both of you.
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pthomas215 1,251 posts msg #141834 - Ignore pthomas215 |
2/4/2018 12:40:05 PM
cheese, what a great suggestion. the reason is a lot of this is learning as we go, so at times it helps to have something in an organized format.
different subject but same concept. I respectfully think Kevin's system is insufficient. if you opened a buy signal during the run, and then XIV suffers more than a 20% drop in value, which it did--and you dont see a corresponding sell signal with the buy signals you opened during the run up---then the system is no better than ""it is a bull market so buy more on the dip". this mentality could clear out an account if valuations drop significantly. I think Kevin's system needs to be refined to include more sell signals when xiv prices drop. Not trying to be critical--just an observation that more work on the system needs to be done.
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Mactheriverrat 3,172 posts msg #141836 - Ignore Mactheriverrat |
2/4/2018 12:55:24 PM
@pt
Just put this trigger code in any filter. I myself the less indicators the better- they are just noise and make people have Analysis paralysis. Its not the Holy Grail but so far its better trigger than anything that I can come up with. There 's will be flaws where its just doesn't pan out- One can make a symlist of past winners and study what if.
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Set{cntcmadma1abovecmadma8,count( cma(DMA(8,-5),1) > cma(DMA(8,-5),8) ,1)}
draw cntcmadma1abovecmadma8
Set{cntcmadma1abovecmadma8b,count( cma(DMA(8,-5),1)< cma(DMA(8,-5),8) ,1)}
draw cntcmadma1abovecmadma8b
/* AxA is number of consecutive days cma(DMA(8,-5),1) above (+)/below(-) previous cma(DMA(8,-5),8) */
set{AAb,days( cma(DMA(8,-5),1) is above cma(DMA(8,-5),8) ,250)}
set{AAa,days( cma(DMA(8,-5),1) is below cma(DMA(8,-5),8) ,250)}
set{dmax8, AAa - AAb} and add column dmax8 {dma_x_1over8}
do not Draw AxA
do not draw dma(8,-5),8)
draw cma(DMA(8,-5),1)
draw cma(DMA(8,-5),8)
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@ Cheese Good idea !
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davesaint86 726 posts msg #141837 - Ignore davesaint86 modified |
2/4/2018 12:55:45 PM
pthomas - I assume when you reference the Kevin systems you are talking about the StrataSearch system signals. Time will tell really soon (or maybe it already has) if StrataSearch needs to be optimized or it sees positive divergences forming. I do not have the answer. The filter Mac posted and other indicators/strategies would have got you out with minimal damage. Even IRA Epstein states sell at the Bollinger Band and wait for price to come back down to the MA(18) and when it turns back up buy again.
Just looking back at the previous downturns of XIV it looks like XIV recovers fast. However, I agree with you why take the downturn hit if you do not have to.
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davesaint86 726 posts msg #141839 - Ignore davesaint86 |
2/4/2018 1:25:23 PM
Mac - Is this filter working correctly? Wondering why there is a +18 and a -1 returned.
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Mactheriverrat 3,172 posts msg #141844 - Ignore Mactheriverrat modified |
2/4/2018 2:15:49 PM
That code that I posted above is flawed but the boxes below the charts work just fine. It doesn't show the right count like in ERY is off by 2 days- Like I said no filter is perfect .
/* AxA is number of consecutive days cma(DMA(8,-5),1) above (+)/below(-) previous cma(DMA(8,-5),8) */
set{AAb,days( cma(DMA(8,-5),1) is above cma(DMA(8,-5),8) ,250)}
set{AAa,days( cma(DMA(8,-5),1) is below cma(DMA(8,-5),8) ,250)}
set{dmax8, AAa - AAb} and add column dmax8 {dma_x_1over8}
do not Draw AxA
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