Replies to post #1982 on ETFs, Leveraged ETFs, Sector Funds

[No-Quarter]

I have been playing with the Multi-X you made me aware of and am liking it.

I believe with it you are using a 9EMA and a 21MA. This is not too far off from the ribbon of three I have been using, which is an 8EMA, 13MA, and 21EMA.

I took the Multi-X and changed it to use the 8EMA and 13MA I am used to, and added a separate 21EMA to replicate the ribbon of three I have been using with one huge exception; the area between the 8EMA and 13MA is now colored green or red depending on direction. This makes the ribbon signals familiar to me much more obvious, and also provide a green arrow/red X buy/sell signals, which again make it more obvious.

Here is how this all looks using the LABU/LABD ETF pair I track/trade;



...and just to be clear, here are the trading rules I am using with this ribbon of three illustrated on a Bitcoin chart.



Thanks for your help with this. Let me know if questions.

GLTY