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Strategies & Market Trends : Befriend the Trend Trading
SPY 678.87-0.3%Dec 16 4:00 PM EST

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To: booters who wrote (8501)6/26/2000 5:58:00 AM
From: Dr. Stoxx  Read Replies (1) of 39683
 
boots,

Very glad to hear that BTTT-MAX has aided your trading. I think your experience is shared by several here, including myself. I started this thread to share a system that used MACD and Stochastics for signals, along with the 40MA...and the returns were decent, but there were many disappointments and several big losses. The success I've had with this new system is nothing short of phenomenal.

And I have no concern about anyone tailoring this simple system to meet personal goals, risk tolerance, etc. I've only ever lost money trying to trade other people's systems blindly. Much better to trade something you have created yourself, even if the main ideas come from someone else (the MAX idea is certainly not mine!).

I'm interested in adding a 3rd dimension to the 5/8 MAX system...something like MACD or a third MA. I think if I went back and gave the system more robustness with something like that, there would have been fewer drawdowns. It might then be able to be traded very mechanically...whereas some of my success, at least, was due to certain subjective decisions made in response to market direction.

Could you clarify your setting for MACD as applied to the 60min charts? And I assume you are using 5ema/8sma?

Thanks, TC
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