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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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From: Sun Tzu11/13/2022 11:41:18 AM
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ajtj99
skier31
towerdog

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Trading system in progress ;)

The red and green triangles mark reversal zones with good risk/rewards.
Target is the midband and/or whenever the price goes below/above the moving black line (or whatever indicator you want to use to end the trade).

The buy and sell signals do not take stochastics, RSI, MA, etc into account. They are just based on some statistical analysis. This is why I am plotting the stochastics below so that you can see how a person can filter things out or use their own judgement based on the trends and what not.



2020/2021

Still needs to be backtested. You will have to use judgement about what kind of market we are in. If you look at 2020/2021 raging bull market, the sell signals should have been better interpreted as profit taking targets and your 'buy signal" simply hitting the midband b/c we never got oversold enough.



2018/2019
In a somewhat normal mixed market, it still does well. As before, when you are in a bull market, you rarely get oversold enough to get a buy signal. BTFD is the default mode and you should just buy when it gets near the midband.



I am working making the bands and levels adjustable (pretty easy to do). And making the distinctions between BTFD and start of something bigger clearer (which I think I know how to tell in person but not so easy to program).
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