pthomas215
1,251 posts
msg #137554
- Ignore pthomas215 |
8/11/2017 12:30:48 AM
shillhs created this awhile back and I think it is pretty good. you exit the bull when cci(39) crosses below 0. well,,,,,it's at 0, so if tomorrow is a bad day....could be a crap show. elliott wave practicioners have XIV going down to 60, possibly 45...
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davesaint86
725 posts
msg #137555
- Ignore davesaint86
modified |
8/11/2017 8:58:16 AM
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pthomas215
1,251 posts
msg #137731
- Ignore pthomas215 |
8/19/2017 12:23:25 AM
I have a question for those using Charting Wealth. What time frame do you use mostly for entry? I think the guy who runs it recommends the 4 Hour chart for swing trades.
Also, do you have to have the derivative oscillator crossover in addition to the price percent oscillator crossover in order to enter? Damn, missed an easy QQQ short this week!
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graftonian
1,089 posts
msg #137733
- Ignore graftonian |
8/19/2017 11:48:00 AM
PT,
My thoughts are that one needs all three time frames to "be in the black" and the last one to cross over is the trigger. That said, my best results have been when a simultaneous cross-over of the weekly and 2-day time frames occur, again triggered by the 4 hour chart.
Right now I am in live trades in SPXU, NUGT, JNUG, and most recently SQQQ. After some soul searching and buyers remorse, I am sure I have jumped the gun, at least as far as this system goes. Maybe Charting Wealth will bring to me me a little patience, a trait I sorely need.
Presently, I am using two SFfilters to identify potential trades, then dumping them into a TC2000 layout for analysis. I just finished a three time frame layout with a watchlist (4 vertical panels) and so far am happy with the visual picture.
PT, do you have TC2000 up and running?
Below is my daily cross over filter:
For the weekly cross-over version, cut and paste the following:
/****THE FILTER AND SORTING*********/
PPO(10, 24) > PPO_SIG
PPO(50, 120) 1 DAY AGO CROSSED ABOVE WPPO_SIG 1 DAY AGO
Williams %R(40) > -80
/* SORT ON WEEKLY PPO DAYS - DAILY DO DAYS*/
SET{SORT_DAYS, WKLY_PPO_DAYS - PPO_DAYS}
ADD COLUMN SORT_DAYS
SORT_DAYS > -1
SORT ON COLUMN 11 DESCENDING
Thats enough for now, got to mow the lawn
Chachi
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Mactheriverrat
3,153 posts
msg #137734
- Ignore Mactheriverrat |
8/19/2017 2:23:47 PM
Sorry Graf and PT that I've been busy with my real job.
I just got a chance to get on here.
Love this code
DRAW PPO(10,24)
SET{PPO_SIG, CEMA(PPO(10,24), 8)}
DRAW PPO_SIG ON PLOT PPO(10,24)
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pthomas215
1,251 posts
msg #137735
- Ignore pthomas215 |
8/19/2017 4:52:38 PM
MAC, no worries. GRAF, thanks for the filter. Yes, I have actually downloaded Internet Explorer for only the purpose of Charting Wealth, and it works pretty good. I just got confused on time frame but you explained it well. I assume the 3 time frames are as follows: 2 day, 4 hour and 2 hour? Or just use the filter you posted?
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graftonian
1,089 posts
msg #137738
- Ignore graftonian |
8/19/2017 7:41:43 PM
Mac, you been out doing your river rat thing?
PT, The filter I posted is only for finding candidates, all my decisions are made on TC2000.
My son is stopping by this pm, and maybe he can show me how to take a screen shot and post it here.
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pthomas215
1,251 posts
msg #137740
- Ignore pthomas215 |
8/19/2017 9:00:57 PM
GRAF, no worries. That is what I assumed....it was a FEEDER system. But what 3 time frames do you use when looking at Charting Wealth? 4 hour for sure, right?
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Mactheriverrat
3,153 posts
msg #137742
- Ignore Mactheriverrat
modified |
8/19/2017 11:50:03 PM
@Graf
Where up here waiting lock turn at Lagrange lock . Could be monday before we slide through Grafton . I will give you a shout!
@pthomas You might try Firefox too .
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pthomas215
1,251 posts
msg #137743
- Ignore pthomas215 |
8/20/2017 12:12:28 AM
MAC: I just use Internet Explorer and add chart symbols and view different time frames. Is that pretty much the same thing as TC2000 or does TC2000 have greater functionality? I get differing views, as I can change the time frames like the dude does in the videos.
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