| StockFetcher Forums · Filter Exchange · Another approach to RSI(2) | << 1 2 3 >>Post Follow-up |
| Frank_HD 2 posts msg #106172 - Ignore Frank_HD |
5/9/2012 9:56:31 PM This trading approach sounds similar to PowerRatings by Tradingmarkets.com (Larry Connors), has any one tried PowerRatings, or has any one written a filter that simulates PowerRatings? ++++++ PowerRatings take only in account technical aspects and do not consider fundamentals. Such factors might be the approach to support levels, fibonacci levels, historical volatility, low RSI(2) etc. I made about 250 trades between 12/2011 and 04/2012 using powerratings (7 - 10) with limit orders of 5 or 7 pct. The average gain was about 2 pct. This is about half of the gain promised in the tradingmarkets website. I made the same experience with other systems sold by Larry Connors. They prinicpally work, but the results in real life are significantly lower. Larry Connors is a very good salesman who lives from offering trading system. Obviously his is not able to live from trading his sold systems. |
| guymar 113 posts msg #107055 - Ignore guymar |
7/15/2012 6:11:42 AM http://www.cxoadvisory.com/13561/individual-gurus/review-of-larry-connors-daily-battle-plan/ Return is negative ..... quite the strategy to follow ..... |
| tennisplayer2 210 posts msg #107056 - Ignore tennisplayer2 |
7/15/2012 8:24:52 AM jldelta or anyone, do you have to subscribe to get tsm1 and tsm2 list? I can't seem to locate it on the sight, please post link. Thanks. |
| jhar3 23 posts msg #107153 - Ignore jhar3 |
7/20/2012 7:35:22 PM hi jldelta, I also use tsm for my stock scans,also ibd 50,and etf's.In the filter forums, you may want to look at alf44 great filter,tailes&odr's , and roc div.It takes awhile to use, but great information,let me know what you think? the name of the rick miller site is triple screen method. |
| optionplayer333 801 posts msg #107162 - Ignore optionplayer333 |
7/22/2012 3:36:32 AM connors got the rsi 2 from me in 2002> from bryce wrightman who spent the weekend with me in 2002.THEn DID NOT SEND ME a non disclosure agree he promised to>3 years later comes out the 3 yr study connors group did and use for their power ratings which are not very accurate....My rs2 set up on TOS marketwatch is light years ahead of anything he does> Newbie Rating: 0 Offline Posts: 2 Re: The Linear regression and RSI (2) « Reply #5 on: March 03, 2007, 09:43:06 AM » StockHolyGrail ( aka Lerogee777 on yahoo) is the one who "invented" RSI(2) as far as I know. He taught me RSI(2) around 2002. There are many posts on the yahoo message boards talking about RSI(2). You can find our free RSI(2) filters if you google therumpledone. I don't know if posting links are permitted so I won't. I have been banned from enough message boards for posting links to FREE information. I just want to make sure StockHolyGrail gets the credit he deserves for RSI(2). He taught others and they have published his work WITHOUT acknowledging the source. The record needs to be set straight. reco i gave at sbac bottom in 2002>has hit >55$ since then 0.18 to 55$ is a 300 bagger super buy alert on sbac 21-Nov-02 04:26 pm remember me guys the worlds best trading system gave buy reco on it at 0.20(daily rsi(2)@2%)2 day later it went to 0.41 gave the buy at 0.32 at the low last week dead bottom- also gave the buy at 0.44-0.46 on the fnsr board right before it went to 0.71. now we have an almost indentical setup on it like edsn when edsn closed at 0.51 and then started its run to 2.50 symetrical triangle long point same prices almost two days before it went up on both stocks and the biggie the 13 and 26 day ema are both at 0.49 and the bottom intraday trend line is at 0.53 and we have another big volume contraction today- this is primed for a big explosion up- recent setups at the two ema being the same which I gave recently as recos edsn 0.51 0.51 opwv 1.04 1.04 sons 0.37 0.37 fcom 0.30 0.30 xyber 0.32 0.32 dcel 0.38 0.38 and you know what happen next to all these stocks when the emas were indentical-good luck lerogee Sentiment : Strong Buy Rating : (No ratings) Rate it: lerogee777 View all Topics | View all Messages < Previous Topic | Next Topic > I already did, lerogee777! 22-Nov-02 12:57 am Thanks a bunch! :) Re: super buy alert on sbac by: lerogee777 11/22/02 12:56 am Msg: 11995 of 11995 yes call send me your email at aLIFE4LOVE@AOL.COM AND i WILL GIVEYOU MY PHONE NUMBER AND TEACH YOU THE HOLY GRAIL i HAVE DISCOVERD 5 NEW THINGS THAT NAIL STOCK RIGHT BEFORE THEIR BIG MOVES UP Sentiment : Strong Buy Rating : (No ratings) Rate it: cyndarelli1... 32/Fe TheRumpledOne 6,283 posts msg #50297 - Ignore TheRumpledOne modified 2/28/2007 9:53:17 AM As most of you know, StockHolyGrail was the one who taught me about RSI(2). Who do you think taught these guys: http://www.tradingmarkets.com/.site/stocks/commentary/editorial/The-Improved-R2-Strategy.cfm And they never even mentioned his name.. THAT SUCKS!! Look at what they are charging: The TradingMarkets R3/R4 Method http://www.tradingmarkets.com/tmu/store.site/daytrading/Courses%20Web%20Seminars/6355/ Why pay for it when all of the filters are FREE here? |
| Eman93 4,750 posts msg #107166 - Ignore Eman93 modified |
7/23/2012 1:26:29 AM The SPX is above its 200-day simple moving average (not shown). Day 1 - the 2-period RSI is below 65. On 12/20/06 the 2-period RSI is 44.46. Day 2 - the 2-period RSI closes lower than Day 1. On the 2-period RSI is 14.45. Day 3 - the 2-period RSI closes lower than Day 2. On the 2-period RSI is 4.43. Buy the market on the close Day 3. buy SPY at 140.75. Exit when the 2-period RSI closes above 75. sell SPY at 142.51 ========================================= |
| Eman93 4,750 posts msg #107167 - Ignore Eman93 |
7/23/2012 1:32:29 AM did not use the 200day rule....... This could help in deciding when..but dont forget about the where! why what when where.... we can know the last 3 for the most part... the why is where most people get stuck.. |
| Eman93 4,750 posts msg #107350 - Ignore Eman93 |
8/4/2012 12:13:10 AM revised-- SPY and IWM should have triggered on Thursday.. has been corrected |
| Eman93 4,750 posts msg #107391 - Ignore Eman93 |
8/6/2012 4:18:56 PM the above filter is the method in this process http://www.tradingmarkets.com/.site/stocks/commentary/editorial/The-Improved-R2-Strategy.cfm |
| Eman93 4,750 posts msg #107603 - Ignore Eman93 modified |
8/14/2012 1:19:09 AM Approach Name: M4M HG RSI Test started on 12/01/2010 ended on 08/10/2012, covering 427 days Filter used: spy rsi2 (saved filter) Trade Statistics There were 552 total stocks entered. Of those, 552 or 100.00% were complete and or 0.00% were open. Of the 552 completed trades, 310 trades or 56.16%resulted in a net gain. Your average net change for completed trades was: 0.59%. The average draw down of your approach was: -1.70%. The average max profit of your approach was: 2.14% The Reward/Risk ratio for this approach is: 1.68 Annualized Return on Investment (ROI): 52.05%, the ROI of ^SPX was: 10.69%. Exit Statistics Stop Loss was triggered 41 times or 7.43% of the time. Stop Profit was triggered 5 times or 0.91% of the time. Trailing Stop Loss was triggered 0 times or 0.00% of the time. You held for the maximum period of time (3 days) 506 times or 91.67% of the time. An exit trigger was executed 0 times or 0.00% of the time. start with 100k end with 166k taking 3 trades max per day and I added the 200ma rule.. market was ETF. no symlist stoploss was 5% and profit was 20% exit trade after 3 days max. |
| StockFetcher Forums · Filter Exchange · Another approach to RSI(2) | << 1 2 3 >>Post Follow-up |
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