Nickster8074
53 posts
msg #108882
- Ignore Nickster8074 |
11/17/2012 8:30:20 PM
Yep mahkoh, that's exactly what I needed. Now, tennisplayer2 would like to change the fast line to green and the slow line to red. Personally, I'm good with it as it sits. Thanks for your efforts.
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Nickster8074
53 posts
msg #108883
- Ignore Nickster8074 |
11/17/2012 8:47:59 PM
tennisplayer, if you are using the filter I posted, you can go to:
http://www.stockfetcher.com/stockdb/fetcher?p=colorsettings
Change Series Color 1 to 00aa00
Change Series Color 2 to ee0000
Click "Update"
Now the colors will be flopped, I like it better that way too.
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Cheese
1,374 posts
msg #108884
- Ignore Cheese |
11/17/2012 10:15:39 PM
Is this what you are trying to do?
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Nickster8074
53 posts
msg #108885
- Ignore Nickster8074 |
11/17/2012 11:21:00 PM
Yes, that's what we're looking for. All with no color changes. Thanks Cheese.
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tennisplayer2
210 posts
msg #108886
- Ignore tennisplayer2 |
11/18/2012 12:09:46 AM
Kevin and Nickster and Cheese, thank you very much. Have a Happy Thanksgiving.
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springhill
74 posts
msg #108893
- Ignore springhill |
11/18/2012 5:38:24 PM
Nickster,
Thank you for sharing how you use the information in the filter.
Do you use any of the other strategies that Miner talks about in his book?
Elliott Wave counting
Fibs Internal and APPs
Fibs External
Etc..
Have you experimented with exponential vs simple ma?
How do you trade when the plot is "stuck" on the top or bottom of the chart?
Thanks
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Nickster8074
53 posts
msg #108900
- Ignore Nickster8074 |
11/18/2012 9:44:15 PM
Honestly it's been a while since I've read it. I will say it was the best explanation I've gotten about how to identify Elliot waves and how to apply Fibonacci retracements to come up with future values. Unfortunately, there isn't a reference in the book about how to filter for these stocks and I found myself looking at the IBD Composite 200 charts. Of those 200, I'd be happy if I found 5 stocks that I could see a clear 1-5 Elliot Wave run up so I could predict the ABC downturn. So I've never really had the chance to trade it in real time.
As for the exponential vs simple moving averages, I haven't tried. I imagine that the outcome would be nearly the same. I'll check it out and report and findings to the contrary.
The way I trade when the plot is stuck on the top or bottom is to play the trend that occurred directly before it became stuck and only change when the lines separate, trending in the opposite direction.
Also, I'd just like to mention that it's not necessary to trade just SSO and SDS with this system. It can be applied to any equity that trades on the market. I just prefer ETFs for the liquidity and lack of erratic behavior. One thing I'd still like to add would be something that keeps me out of whipsaws like a price based moving average, ADX and the like. Any suggestions from readers would be most appreciated. I'll do some testing on my own as well.
PS- the book we're referring to is High Probability Trading Strategies by Robert Miner. A great book for any collection.
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springhill
74 posts
msg #108903
- Ignore springhill |
11/18/2012 10:19:12 PM
Nickster,
Thanks for the insight.
Here is ascan with the daily data shown with SMA and ExpMA.
I could not get the weekly to plot in a different panel.
Also, changed the 13 week slow to 8 week.
Shows changes a little more timely.
Triggers happen about the same but the build up to the trigger is different.
Just interesting to see differences in plots sma vs expma
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Nickster8074
53 posts
msg #108904
- Ignore Nickster8074 |
11/18/2012 11:00:36 PM
It does seem a to fit the changes in price a bit better with the exponential MA. I do prefer the smoothness of the SMA though. This will most assuredly lead me to the change in trend a bit later but, I'll be subject to a few less whipsaws. Always a trade off.
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tennisplayer2
210 posts
msg #109606
- Ignore tennisplayer2 |
12/23/2012 11:58:36 PM
Nick, are you trading this filter? If so, when are you entering and exiting? I had trouble using this filter because of the 20 minute delay of SF. Thanks.
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