Noahedwinbeach2
135 posts
msg #36483
- Ignore Noahedwinbeach2 |
6/26/2005 4:16:29 PM
This combination is awsome. I came about it on the internet. Read the link. You will be amazed. These are now my new and only indicators.
http://www.megaone.com/ltinvestor/SAR.htm
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TheRumpledOne
6,529 posts
msg #36485
- Ignore TheRumpledOne |
6/26/2005 4:36:19 PM
Let's see your filter!
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Noahedwinbeach2
135 posts
msg #36487
- Ignore Noahedwinbeach2 |
6/26/2005 4:39:51 PM
There isn't a filter. I just use the two indicators to make buy and sell decisions. Like I said look at the website for info on how to use them.
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Noahedwinbeach2
135 posts
msg #36488
- Ignore Noahedwinbeach2 |
6/26/2005 4:40:41 PM
This is for shorting
| Approach Information | | Approach Name: 80 day slope above 1 | | Test started on 12/31/2003 ended on 07/01/2004, covering 125 days | | Filter used: | | 80 day slope above 1 (saved filter) |
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| Trade Statistics | | There were 75 total stocks entered. Of those, 75 or 100.00% were complete and or 0.00% were open. | | Of the 75 completed trades, 26 trades or 34.67%resulted in a net gain. | | Your average net change for completed trades was: -1.60%. | | The average draw down of your approach was: -6.04%. | | The average max profit of your approach was: 8.07% | | The Reward/Risk ratio for this approach is: 0.52 | | Annualized Return on Investment (ROI): -56.44%, the ROI of ^SPX was: 3.44%. |
| Exit Statistics | | Stop Loss was triggered 28 times or 37.33% of the time. | | Stop Profit was triggered 0 times or 0.00% of the time. | | Trailing Stop Loss was triggered 47 times or 62.67% of the time. | | You held for the maximum period of time ( days) 0 times or 0.00% of the time. | | An exit trigger was executed 0 times or 0.00% of the time. |
| Statistics By Holding Period | | | Completed | 2 day chg | 5 day chg | 10 day chg | 25 day chg | 40 day chg | | Winners: | 26 | 37 | 34 | 35 | 38 | 27 | | Losers: | 40 | 37 | 41 | 40 | 37 | 48 | | Win/Loss Ratio: | 0.65:1 | 1.00:1 | 0.83:1 | 0.88:1 | 1.03:1 | 0.56:1 | | Net Change: | -1.60% | 0.08% | -0.29% | -0.97% | -1.41% | -5.94% |
| Statistics By Variable: Match Price | | | <20 | <30 | <40 | <50 | <60 | <70 | <80 | <90 | <100 | <110 | | Completed | 1:7 | 21:17 | 2:7 | 0:8 | 0:1 | 1:0 | 1:0 | - | - | - | | 2 day chg | 7:2 | 21:20 | 4:7 | 4:5 | 0:1 | 1:1 | 0:1 | - | - | - | | 5 day chg | 6:3 | 18:24 | 4:7 | 6:3 | 0:1 | 0:2 | 0:1 | - | - | - | | 10 day chg | 7:2 | 17:25 | 6:5 | 5:4 | 0:1 | 0:2 | 0:1 | - | - | - | | 25 day chg | 7:2 | 17:25 | 8:3 | 5:4 | 0:1 | 1:1 | 0:1 | - | - | - | | 40 day chg | 4:5 | 11:31 | 7:4 | 4:5 | 0:1 | 1:1 | 0:1 | - | - | - |
| Statistics By Variable: Average Volume | | | <2.0M | <4.0M | <6.0M | <8.0M | <10.0M | <12.0M | <14.0M | <16.0M | <18.0M | <20.0M | | Completed | 23:35 | 0:2 | 2:2 | - | - | - | - | 0:1 | 1:0 | - | | 2 day chg | 34:32 | 1:1 | 1:3 | - | - | - | - | 1:0 | 0:1 | - | | 5 day chg | 29:38 | 1:1 | 3:1 | - | - | - | - | 1:0 | 0:1 | - | | 10 day chg | 32:35 | 1:1 | 2:2 | - | - | - | - | 0:1 | 0:1 | - | | 25 day chg | 34:33 | 1:1 | 3:1 | - | - | - | - | 0:1 | 0:1 | - | | 40 day chg | 24:43 | 1:1 | 2:2 | - | - | - | - | 0:1 | 0:1 | - |
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Noahedwinbeach2
135 posts
msg #36491
- Ignore Noahedwinbeach2 |
6/26/2005 4:46:02 PM
That is why I do not like the backtesting thing. It is not accurate. Generally buy a stock when the +DMI crosses over -DMI and parabolic SAR crosses along with it. General rule of thumb is within 5 days of each other. Just reverse that if you are shorting.
The way to use the indicator once your in a position is do not sell the stock until the Parabolic SAR crosses over to the topside AND the +DMI crosses below the -DMI within 5 days of each other.
For instance.
GOOG
4/20/2005 - BUY Signal (Parabolic crossed to the bottom side and +DMI crosses over -DMI within 5 days of each other)
There hasn't been a sell signal yet in GOOG so you should still be holding it until +DMI crosses below -DMI. Usually DMI lags behind the Parabolic SAR. So you would first confirm DMI and then see if the Parabolic SAR had crossed within 5 days. If it hasn't do not make a trade.
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TheRumpledOne
6,529 posts
msg #36513
- Ignore TheRumpledOne |
6/27/2005 1:50:55 PM
This filter list all stocks giving a buy or sell signal.
Is this what you had in mind?
MAY ALL YOUR FILLS BE COMPLETE.
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lvainik
52 posts
msg #36515
- Ignore lvainik |
6/27/2005 2:45:11 PM
could you show how to draw the dmi + and mius with the adx?
Thanks
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TheRumpledOne
6,529 posts
msg #36518
- Ignore TheRumpledOne |
6/27/2005 3:07:39 PM
Is that what you wanted?
MAY ALL YOUR FILLS BE COMPLETE.
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Noahedwinbeach2
135 posts
msg #36530
- Ignore Noahedwinbeach2 |
6/27/2005 9:26:26 PM
that ok to sell and ok to buy thing isn't correct.
ACI for example. If a stock's parabolic crossed over but the DMI never reversed in the first place that means the stock is a hold if you had already owned it but it is not currently a buy. For example the stock went down on ACI and the parabolic switch to the topside but the +DMI never went under the -DMI so this stock was a hold. Only when the +DMI crosses under AND the parabolic crosses to the topside is a stock a sell. I would never buy a stock at this point because I consider it too late. I consider this stock a buy at 5/27/2005 when the parabolic crossed AND the dmi crossed like I explained in my first posts.
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Noahedwinbeach2
135 posts
msg #36531
- Ignore Noahedwinbeach2 |
6/27/2005 9:28:47 PM
forgot to mention. When picking the stock make sure both the parabolic SAR AND the DMI confirm the trend. If both do not confirm it do not place a trade! Both confirm entry and both confirm the exit.
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