"Technical Analysis" Posts
Range Based Look Back Technique
Indicator traders and trading system designers often use stock indicators from their trading platforms to construct their trading engagement methods and trading models. There are two problems when approaching the markets this way. First, you are using tools created by others that may have hidden issues. Specifically, it may not fit your risk profile while […]
Dynamic Mean Deviation
Regular mean deviation indicator use a fixed length look back. It is useful in normal cases but less effective when one wants to the mean deviation to keep up with fast market environment. Here is one way in implementing the concept. Example Usage Following is a chart of Emini S&P in 5-Min resolution. Bottom pane […]
Mean Deviation vs. Standard Deviation
A great article presented by Mr. Nassim Nicholas Taleb on the abusive use of Standard Deviation is a must read by anyone who is involved with trading. The article explained why standard deviation is not really a standard and how it is less than desirable as a yardstick to measure volatility in data series. What […]
STOPD Levels MTF Indicator For NinjaTrader and MetaTrader Uploaded
I have added the NinjaTrader and MetaTrader versions of the indicator in the forum area. Link to thread on NinjaTrader version, https://www.daytradingbias.com/?page_id=81246/ninjatrader/the-stopd-levels-mtf-indicator#p82410 Link to thread on MetaTrader 4 version, https://www.daytradingbias.com/?page_id=81246/metatrader/stopd-levels-mtf-1#p82413 You do not need to look up the STOPD numbers yourself anymore. Enjoy!
STOPD Levels MTF Indicator
The STOPD Levels MTF indicator is a simple indicator that plots the STOPD Levels on your chart based on the timeframe you’ve chosen. Nothing fancy. Example chart below on Google with the indicator set to plot the quarterly STOPD Levels. The blue lines mark the range from the reference period while the orange and red […]
Hot n Cold 2011-3-31
System Style Trades WR WP Trades WR WP last 360 days last 90 days Bollinger BandTF7920.99361982.0740 Bollinger BandCT1431.2054310.4058 Relative Strength IndexCT723.4872212.3471 Commodity Channel IndexCT1201.3143272.0848 Displaced Moving Average CrossoverTF5731.08641300.8258 Moving Average CrossoverTF4051.0453941.3937
Hot n Cold 2011-3-30
System Style Trades(Year) Winning %(Year) Trades(Quarter) Winning %(Quarter) Bollinger BandTrend following30438.1619840.40 Bollinger BandCounter trend4548.893053.33 Relative Strength IndexCounter Trend2875.002171.43 Commodity Channel IndexCounter Trend4344.192944.83 Displaced Moving Average CrossoverTrend following20156.2213359.40 Moving Average CrossoverTrend following13956.839536.84
Hot n Cold 2011 – 3 – 30
Hot n Cold 2011 – 3 – 28
System Number of Trades Winning % Moving Average Crossover13740.88 Bollinger Band Trend Following30537.38 Bollinger Band Counter Trend4560.00 Relative Strength Index Counter Trend2673.08