Replies to post #21940 on ETF SWING & DAY TRADING

[wild_card]

MFB: System Logic Correction:

OOOPS! I've already fumbled and it's not even late yet!

There never is a "Cash" position. The "Cash" position shown in the Bear Logic shoule be replaced with "Short".

Below is the corrected logic:
=============================================
Bull-Bear Signal Combined System
Use Bull Signal If PPO( 5EMA, 10EMA, 1 ) line > -1.6 and rising from yesterdays line
Use Bear Signal If PPO( 5EMA, 10EMA, 1 ) line < 1.6 and falling from yesterdays line


Bull Signal System - Listed by order of dominance

Long NDX100 > EMA(10)
Long RSI(5) < 28
Long NASI EMA(4) > NASI EMA(24)
Short Otherwise (NASI EMA(4) < NASI EMA(24))


Bear Signal System - Listed by order of dominance

Short DI-(10) < 50 AND RSI(3) > 71
Long RSI(5) < 28 Or NASI EMA(4) > NASI EMA(24)
Short Otherwise (NASI EMA(4) < NASI EMA(24))
=======================================

[MetalFillBoy]

RE: wild_card: Posted Trades.

Thanks! The posted SS is perfect!

One point of clarification: Is there ever a time this system will go to cash? The column with the final signal is labeled "Long, Short, Cash", but see no signal with a cash position.

Update Just saw your most recent message, and it answers the above question. Thanks.

BTW, could you also email me your spread sheet to the address below. I guess that would answer most my questions.

Thanks for yours (and everyones) hard work!

[tclark1]

I now have a next day open trade version which has produced the following results:

http://img480.imageshack.us/my.php?image=tclark130qc.jpg

[positiontrader]

<Was anyone able to tweak any more return out of the system?>

I am not sure if you saw tclark 1 post


http://www.investorshub.com/boards/read_msg.asp?message_id=9892371