ELEGANCE
3 posts
msg #159220
- Ignore ELEGANCE
modified |
6/17/2022 1:50:55 PM
Need a little help on this one
How would one script this;
Exit SPY when the spread between the MA90 and ma 200 < -1.3 you get out
Not sure if entry signal would be the reverse > - 1.3 on the spread
Anyone able to script this?
Thank you in advance
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KSK8
561 posts
msg #159221
- Ignore KSK8 |
6/17/2022 2:44:58 PM
-THE KING
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ELEGANCE
3 posts
msg #159222
- Ignore ELEGANCE |
6/17/2022 3:48:53 PM
Very nice
Actually looking for this - https://mobile.twitter.com/exposurerisk/status/1527361480521199640/photo/1
If you will notice it's not a direct spread between the 2 MA's rather the 2 MA's in relation to SPY price.
Not sure if I am explaining it correctly and maybe the image will assist.
It's very clever - nothing is perfect but this sure has a nice modelling to it.
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KSK8
561 posts
msg #159223
- Ignore KSK8 |
6/17/2022 3:55:48 PM
Interesting
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snappyfrog
731 posts
msg #159224
- Ignore snappyfrog |
6/17/2022 8:21:30 PM
Maybe
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ELEGANCE
3 posts
msg #159225
- Ignore ELEGANCE |
6/17/2022 8:49:44 PM
@ snappy frog - I think you nailed it
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snappyfrog
731 posts
msg #159226
- Ignore snappyfrog |
6/18/2022 9:01:02 AM
Side note: The difference between the MA(90) and MA(200) is MA(145)
If you plot the MA(145), you will see the lines are almost the same. Therefore;
one could just base the analysis on whether the SPY, QQQ, VTI, IWM,
or other index is above or below that moving average.
Just keeping it simple.
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marine2
963 posts
msg #159230
- Ignore marine2
modified |
6/18/2022 3:45:43 PM
Thinking even simpler just use the Weekly Williams %R(10) crossing above -70 and using other statements to pin point a great entry point. Begin looking for an Exit point when it gets over -20. What the trend lines are showing in making your move. Refine your stocks to choose from with solid companies with low debt and having a good amount of cash. Find those stocks using filters in major investment services like Fidelity as an example. Or you can use your filter against well known ETF’s in our equity world.
Note: Exit any trade if your pick falls over 3%. You can always wait as it settles a little more before buying back in again. By getting out of a trade at minus 3% you save yourself the anguish if it going further downward movement. Eventually it will want to rise up again.
Happy investing.
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