snappyfrog
749 posts
msg #160229
- Ignore snappyfrog |
4/1/2023 12:44:44 PM
Reversal fishing, please help to make this better.
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xarlor
619 posts
msg #160231
- Ignore xarlor |
4/1/2023 8:15:29 PM
Added my go-to breakout indicator. Really pares down the number of tickers, but increases winning trades if you come up with a good exit plan.
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compound_gains
225 posts
msg #160233
- Ignore compound_gains
modified |
4/2/2023 11:13:33 AM
: sorted on average day range(20) descending
: 5 day look back script for testing
: entry first day open below original 5th day's high {ent} and high above {ent}...maximum 5 days, but more likely no more than 3 days
: exit could be close on 5th day, rsi(2) above 65, a stop loss, whatever
: rsi(2) > 65 as an exit looks to avoid significant losses, but the trade off is not benefiting from runners
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snappyfrog
749 posts
msg #160234
- Ignore snappyfrog |
4/2/2023 12:54:52 PM
xarlor,
Very nice. I went back through the last 2 weeks and about 6 in the red, but only 2 actually lost money.
I am going to run with that and compare to some other moving averages.
Thanks,
Snappy aka Gary
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snappyfrog
749 posts
msg #160235
- Ignore snappyfrog |
4/2/2023 1:08:37 PM
compound_gains,
Nice setup, this gives me some ideas to play with.
Thanks
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snappyfrog
749 posts
msg #160249
- Ignore snappyfrog
modified |
4/5/2023 8:55:28 AM
compound_gains,
I added "day" to the line and atr(10) .... where I see it got left out.
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compound_gains
225 posts
msg #160250
- Ignore compound_gains |
4/5/2023 12:37:56 PM
My bad. Leaving out "day" negated the atr(10) line as a filter. Putting it in significantly reduces the returns, making what I put forward a very ho-hum filter overall. But the hits I was getting without atr(10) were interesting. Back to the drawing board.
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