Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Clay M who wrote (6548)	10/15/1998 11:22:00 PM
From: Stoctrash	Read Replies (1) \| Respond to of 44573

Clay & Dave_S Here is some daily stats on the the Nasdaq A/D line when you apply a MACD to it: MACD trend MACD Above or below Zero ANN% ----------- ------------------------ ----- UP Above Zero ~+65% UP Below ~+37% DOWN Above +4-7% DOWN Below Zero -(29- 37%) OUCH!! Now this is some wild data....basically if that sucker is pointing down on the NASDAQ A/D line and its below the ZERO level ya better watch your ASS!!! ----------------------------------------- Numbers he uses...but they can be anything similar: (basic settings are 12-26,with a signal line of 9 exp. units) (fast 6,19 with 6 exp. unit signal) (slow 19-39 with 9 exp. unit signal) ------------------------------------ Other tid bits form his presentation: RE: trading systems Size of gain is most important rather than win/loss ratio. Look for a 3-5X in Avg.Gain when compared to Avg. Loss. He has seen very successful systems that have LESS than 50% W/L ratios...( i found that interesting!!!) BASICALLY.... KEEP YOUR DAMN LOSSES SMALL!! ------------------------------- MACD not a good indicator to use in slow uptrends... Look for cycles in the MACD to coincide with market cycles, for instance the 6-19 settings give a nice 33 day cycle profile. In Sept '98, the 19-39 MACD went on a sell