35854 replies to this topic

[RBM]

adding longs on the dips

[Roundtree]

Hi guys, I'm just a little guy, a beginner. I would like to know if anyone in here would like to like help me create a trading algorithm, just a simple automated trading strategy please please please, pretty please. I want to try to create something that buys on a 13/48 EMA crossover to the upside, and short on the down. Just that simple, I'm new to trading and would just like to see how that works. 

TheSource,

 

Forget about the warnings; just test your system. That's what any sensible individual would do anyway, isn't it?

 

All of us were warned not to day trade but we still do it.

 

Lots of luck with your new venture.

[Qbre77]

Hi TS

I could help you set up a system. Very easy to do given your parameters.. BUT...

Your account will be cleared out.

Crossover systems works very well in a trending market. Lots of moolah.. But in a sideways market you will find multiple crossovers that will lose you money on each leg. I have backtested numerous crossover systems on multiple timeframes and with different parameters, and they ALL lose money in the longer term. NO EXCEPTIONS!

So forget that dream. It does not work. Trust me on this one. Do not say that you were not warned.

K

100% correct, also the spread will help kill you!

[K~~]

Hi guys, I'm just a little guy, a beginner. I would like to know if anyone in here would like to like help me create a trading algorithm, just a simple automated trading strategy please please please, pretty please. I want to try to create something that buys on a 13/48 EMA crossover to the upside, and short on the down. Just that simple, I'm new to trading and would just like to see how that works.

Hi TS

I could help you set up a system. Very easy to do given your parameters.. BUT...

Your account will be cleared out.

Crossover systems works very well in a trending market. Lots of moolah.. But in a sideways market you will find multiple crossovers that will lose you money on each leg. I have backtested numerous crossover systems on multiple timeframes and with different parameters, and they ALL lose money in the longer term. NO EXCEPTIONS!

So forget that dream. It does not work. Trust me on this one. Do not say that you were not warned.

K

[Vertebrae]

Tell me the future of the futures...

 

[Plasma]

Did not get to my desktop....pls anybody....is there a dividend today?

30p

Thanks MX

[mx125]

Did not get to my desktop....pls anybody....is there a dividend today?

30p

[Plasma]

Did not get to my desktop....pls anybody....is there a dividend today?

[RusQ]

hope you have a good bank balance you are going to need it. first what program you using and second the killer is the spread. the problems come in with what you don't see in the charts, the line cross is not always one event and can be 30 events in a very short space of time, depending on when you buy the share, in trading hours or after hours you can loose big time and very fast. 

 

what you are looking for is exceptionally difficult to get right, the market also causes problems, one system works well in bull and not in bear, and a sideways market just wipes you out no matter what system you play. a better strategy is to try and refine the process so that you have far less trades but each trade you do take has a better chance to deliver a profit.

 

so with the line cross what is MACD doing, where is the RSI and what is the overall trend, all that and you will still only get 70 percent to convert to cash.

 

the bottom line is this is definitely not simple and also not something you want try with real money until you are quite sure your system works.

 

G 

otoh, KISS?

 

if you gonna play ma crossovers (the most basic of trending systems), the mentioned series is tops.

 

'snot important what sw you use, ass long it is reliable and give you direct access to the 'real' market. going with what used to be known as 'bucket shops' has pros and many cons...

 

if you serious, hang around awhile, advice is only a click away   

[grantmu]

yes, i did check. it has a fair validity, imo.

 

this last one was the 'supermoon' for the year, fwiw.

 

bottom line is, if the system makes sense to you (and comes out positive on backtesting), stick to it religiously. almost 'anything' can be used as the underlying basis for a system. Years ago used an alternative system based on the Golden String. Underlying premise was that "prices fluctuate'. never lost on any month-to-month timeframe...

 

btw - if i ever offer my system for sale? RUN as hard you can  

I still use the golden sting to find the bottom of a down turn. don't find it accurate enough for day or couple of day trading. 

 

G

[grantmu]

Hi guys, I'm just a little guy, a beginner. I would like to know if anyone in here would like to like help me create a trading algorithm, just a simple automated trading strategy please please please, pretty please. I want to try to create something that buys on a 13/48 EMA crossover to the upside, and short on the down. Just that simple, I'm new to trading and would just like to see how that works. 

hope you have a good bank balance you are going to need it. first what program you using and second the killer is the spread. the problems come in with what you don't see in the charts, the line cross is not always one event and can be 30 events in a very short space of time, depending on when you buy the share, in trading hours or after hours you can loose big time and very fast. 

 

what you are looking for is exceptionally difficult to get right, the market also causes problems, one system works well in bull and not in bear, and a sideways market just wipes you out no matter what system you play. a better strategy is to try and refine the process so that you have far less trades but each trade you do take has a better chance to deliver a profit.

 

so with the line cross what is MACD doing, where is the RSI and what is the overall trend, all that and you will still only get 70 percent to convert to cash.

 

the bottom line is this is definitely not simple and also not something you want try with real money until you are quite sure your system works.

 

G 

[Mhlato]

Hi guys, I'm just a little guy, a beginner. I would like to know if anyone in here would like to like help me create a trading algorithm, just a simple automated trading strategy please please please, pretty please. I want to try to create something that buys on a 13/48 EMA crossover to the upside, and short on the down. Just that simple, I'm new to trading and would just like to see how that works. 

 

What software are you using?

[RusQ]

Hi guys, I'm just a little guy, a beginner. I would like to know if anyone in here would like to like help me create a trading algorithm, just a simple automated trading strategy please please please, pretty please. I want to try to create something that buys on a 13/48 EMA crossover to the upside, and short on the down. Just that simple, I'm new to trading and would just like to see how that works. 

so you read up a bit? good!

 

anything under 15mins on that will get you whipsawed - seems profitable on the longer time-frames. on the indexes is better, only works on select (generally trending) individual stocks. can't help with automation, maybe others here can?

 

wanna try it and report back?

[TheSource187]

Hi guys, I'm just a little guy, a beginner. I would like to know if anyone in here would like to like help me create a trading algorithm, just a simple automated trading strategy please please please, pretty please. I want to try to create something that buys on a 13/48 EMA crossover to the upside, and short on the down. Just that simple, I'm new to trading and would just like to see how that works. 

 

 

[RusQ]

Seems that if a move went noticeable as expected with previous moon then a good chance to see next one work also.

But there are unpredictable "inversions" which can upset any sceptic almost as much as I upset HDB 

Have a chart...

spx mooned.png

yes, i did check. it has a fair validity, imo.

 

this last one was the 'supermoon' for the year, fwiw.

 

bottom line is, if the system makes sense to you (and comes out positive on backtesting), stick to it religiously. almost 'anything' can be used as the underlying basis for a system. Years ago used an alternative system based on the Golden String. Underlying premise was that "prices fluctuate'. never lost on any month-to-month timeframe...

 

btw - if i ever offer my system for sale? RUN as hard you can  

[HDB]

Seems that if a move went noticeable as expected with previous moon then a good chance to see next one work also.

But there are unpredictable "inversions" which can upset any sceptic almost as much as I upset HDB 

Have a chart...

spx mooned.png

Me upset???

 

Get real....While u wait for ur waves we got other work to do ....

[Vertebrae]

Mooning?

if i understood the Idiot, the higher probabilities are on the quarters?

 

Seems that if a move went noticeable as expected with previous moon then a good chance to see next one work also.

But there are unpredictable "inversions" which can upset any sceptic almost as much as I upset HDB 

Have a chart...

[RusQ]

U not only a fraud but a stinking liar as well... Go to 2nd August and see,,,Only 2 posts that day, one by you and one by Beorn!!

In fact it was Beorn who said blow u and the gap!! So obviously either ur memory is corrupt or u just one big liar!!

 

 

Guys this fraud has been busted!!!

I remember the post about 'no gap there' and can't find it anymore??

[CPvanWyk]

Please don't screw up the alsi thread. Make new one to sort out all **** between members. Especially those with the 5 posts. At the end every meaningful opinion count. Every analysis count as well as "V" waves and "A" long term analysis.

[RBM]

Senusis where to from here?