CHARTS SR_60 SYSTEM ONLY

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*****This board is closed
My main board is at
http://investorshub.advfn.com/CHARTS-TREND-FOLLOWER-12981/

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OK

[Duma]

Moved response to my board.

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IWM_60 WORK IN PROGRESS
Completed Indicators
Now testing in real Time

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IWM_W

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TZA_60 Take a look at BBB AREA
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Failure Swings


Wilder also considered failure swings as strong indications of an impending reversal. Failure swings are independent of price action. In other words, failure swings focus solely on RSI for signals and ignore the concept of divergences.

A bullish failure swing forms when RSI moves below 30 (oversold), bounces above 30, pulls back, holds above 30 and then breaks its prior high. It is basically a move to oversold levels and then a higher low above oversold levels.

A bearish failure swing forms when RSI moves above 70, pulls back, bounces, fails to exceed 70 and then breaks its prior low. It is basically a move to overbought levels and then a lower high below overbought levels.

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IWM_D

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IWM_60

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IWM_W

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IWM_D

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IWM_60

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SR2RC_60 (2RC better than B<R this time)
Also note orange "MARK DOWN AREA" this where bottoms happen.
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Working on SR2RC_60 for Jan to Jul 2013
In the mean time a test of 2RC vs STO(14,3,3) is under way.

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It is interesting to me to see the last buy on IWM_60
and 35 other ETF's INDEXESES and STOCKS
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IWM_60

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FROM IWM_10 to IWM_M

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IWM_M

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Have created a list of 36 ETF, INDEXES, and stocks using
10_60_D_W_M
Examples:
IWM
SPY
TNA
TZA
SPX
RUT
AAPL
MU
XLF
XLI
NDX
SP_1500
etc, etc
Stock Charts EXTRA allows to change a list of 36 with just one click
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Below is a partial list of Indicators
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Making this study public.
WHY ?
To share.
To get comments and feed back.

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So where is the study now ?
(1) Trying to compare SR_60 with SR2RC_60
(2) SR_60 has 5.96% gain since 7/3/13
(3) SR2RC_60 has only 5.31 % gain since 7/3/13
(4) SR2RC_60 does not require a IWM_3 chart.
(5) Please do not conclude any thing yet.
WHY ?
Much back testing remains to be done. IMHO.

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SR2RC_60


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SR2RC_60 14 DAYS

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SR_60 July 1 to July 9

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IWM_3

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SR_60
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IWM_3

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This board is only about SR_60 SYSTEM created by Duma.
It is a very good system. IMHO
The purpose of this board is to fully under stand SR_60
under one board.

Duma as been added as a moderator, but he may later decline
this offer.

Since I am not the creator of SR_60, but an outsider looking in so to speak.
This gives me the chance to discuss my under standing of SR_60.

Hopefully this will help other outsiders in under standing this
very good SR_60 system.