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LINK to 3 trading system rules

Posted by Rogerdodger, Jul 26 2009, 09:27 PM

The rules are posted on the chart as well as a few entries below this.
STOCKCHARTS LINK


Spooky Moon Stuff

Posted by Rogerdodger, May 28 2009, 12:55 PM

Spooky Moon Stuff:

QUOTE
We find strong lunar cycle effects in stock returns. Specifically, returns in the 15 days around new moon dates are about double the returns in the 15 days around full moon dates. This pattern of returns is pervasive; we find it for all major U.S. stock indexes over the last 100 years and for nearly all major stock indexes of 24 other countries over the last 30 years. In contrast, we find no reliable or economically important evidence of lunar cycle effects in return volatility and volume of trading. Taken as a whole, this evidence is consistent with popular beliefs that lunar cycles affect human behavior.

[Image Not Displayed]


Pristine's 30 Minute Gap-up rule

Posted by Rogerdodger, May 28 2009, 12:55 PM

Here's Pristine's 30 Minute gap rule: PDF LINK

"When a stock gaps up excessively, it is usually the seller who is the smart one. This is why many stocks that gap up tend to pull back rather sharply after the first 10 to 20 minutes of trading. Once the
abundant pre-market buy orders have all been satisfied, the demand is gone, and the stock
tends to give way to "professional" selling.
But there is an exception, and it is this exception
that sets the stage for one of our most powerful trading tactics. Our studies have shown that if
a stock that has gapped up is able to trade to a new daily high after 30 minutes of trading, the
strength demonstrated at the open was not artificial, but real. The strength in this case is real
because it's being confirmed by continued buying after the early a.m. rush (the first 20 minutes
or so of trading). This one simple discovery encouraged us to design a simple yet powerful
way for the Pristine Trader to capitalize on the stocks that are truly strong. It's called Pristine's
30-Minute Gap Buy Rule. Here's how it works.
The Set-up
The stock must gap up at the open by 1/2 or more. In most cases, a gap up much greater than
$1 will be news related (positive earnings, brokerage upgrade, etc.), which is fine. It is best if
the stock gaps open above the previous day's high.
The Strategy
Once the stock has gapped open, the trader must let it trade for a full 30 minutes. No action
other than watching the stock is required during this time. Often the trader will be watching and
monitoring several stocks that have met the above set-up criteria.
After 30 minutes, the trader sets an alert 1/16 above the high of the day, which in many cases
will not be too far away from the current price."


Posting Charts on TT

Posted by Rogerdodger, Mar 7 2006, 01:10 PM

It's easy to post your own charts on TT.
If you know the little secret:
If you use stockcharts,
you have to select the "linkable version" button.
(It's the 4th menu option under the chart.)
Then right click and select "properties".
Then copy the COMPLETE "location"

Then go back to TT and select the "sun set" icon .
Paste your copied "location" then add .png
Click OK.
You should see your chart.
Note that you can't paste anything less than a Daily chart. No 10 min charts etc. unless you have them saved on your account.

If you have copied a chart to your own computer files you can open a free account at ImageShack.com and host it there.
It will give you several link options. I use the last one. It works great!


Making your own poll on TT

Posted by Rogerdodger, Feb 25 2006, 08:13 PM

Really, making a poll on Trader's Talk is not all that difficult.
You can ask up to 4 different questions per poll and offer up to 10 answer options per question.

The difficult part is figuring out the clearest wording for the question and then giving the clearest options.
So you may want to write out the poll questions & answer options ahead of time.
Try it when you are wondering what others are thinking.
And remember you can preview it before actually posting.

Just select "New Topic"
then: "Click here to manage this topic's poll"
Then after you title the poll,
select [Add Poll Question]
then "add poll choice"


3 Trading systems on the Q's

Posted by Rogerdodger, Feb 21 2006, 10:38 PM

LINK TO STOCKCHARTS I've picked these up (stolen) from others.
Two use the RSI primarily and the other uses STO and CCI.
Use them at your own risk.
I find them useful when used with other TA.
They show Q's but try them on other stuff.

RSI 2
BUY: 1. Above 200ma
2. 2-period RSI falls 3 days in a row
3. 1st day must be below 60
4. 2-period RSI is below 10 = BUY
5. Buy an additional unit if the 2-period RSI falls 5 days in a row
6. Exit at the close when the 2-period RSI closes above 75
SELL: 1. below 200ma
2. 2-period RSI rises 3 days in a row.
3.The first rising day (day #1) of the 2-period RSI must be above 40.
4. Today the 2-period RSI is above 90: SELL SHORT
5. Sell an additional unit if the 2-period RSI rises 5 days in a row
6. Exit at the close when the 2-period RSI closes below 25.
RSI 5
Buy the Nasdaq 100 Trust (QQQQ) when the 5-day Relative Strength Index (RSI) closes below 30.0.
Sell the Nasdaq 100 Trust (QQQQ) when the 5-day Relative Strength Index (RSI) closes above 50.0.
The Nasdaq 100 Trust is purchased during after-hours trading on the day the RSI buy signal is generated.
The Nasdaq 100 Trust is sold during after-hours trading on the day the RSI sell signal is generated.
The 5-day RSI strategy has a tendency to underperform the buy-and-hold strategy when the market is strong and outperform when the market is weak.
1997 to 2005 Results: NDX "Buy & Hold"up 76.2%, "5 day RSI" up 349.7%
1997 to 2006 Results: NDX "Buy & Hold"up 108.3%, "5 day RSI" up 381.8%
http://www.vtoreport.com/rsi.htm (Site now closed)


RSI 12 (Sorry, I can only show 2 indicator windows)
Bull Market Signal:
Buy #1: STO & CCI both turn up, unless RSI >70.
Buy #2: CCI turns up and STO below 20.
Sell: STO & CCI both turn down.
Bear Market Signal:
Sell #1: STO & CCI both turn down, Unless RSI<30.
Sell #2: CCI turns down and STO above 80.
Buy: STO & CCI both turn up.
NOTE RSI 12, CCI 10, STO 5,5


Best & Worst trading days

Posted by , Oct 17 2005, 10:01 PM

I guess it was the VTO report which showed the Monday before Oct Opex was down only 4 times since 1982.

Also: Columbus day is "worst trading day of the year."

Best day is the Last trading day of January.

2nd best is the Wednesday of July Opex.

Write it down. Remind me later.


6 days of Strength

Posted by , Sep 28 2005, 07:08 PM

ORIGINAL ARTICLE LINK

Can You Make 100% Of The Market Gains Trading Only 6 Days A Month? Read On...By Larry Connors
The Pheonomenon
One of the things many of us have heard over the years is that the last few days of the month and the first few trading days of the new month tend to have bullish tendencies. I first heard of this when Kevin Haggerty wrote about it here on the TradingMarkets site about six years ago. Kevin, as you know, was the head of trading for Fidelity Capital Markets for a number of years, so he has had the chance to observe this market behavior better than most of us. Since Kevin first mentioned it, I've observed the behavior enough times over the years to prompt me to research it further and to quantify it. The results from our research are very interesting and may provide you with some edges you can take advantage of in the future.

The Question
We asked the following question in our tests: How has the S&P 500 (CBOE:^SPX - News), Nasdaq 100 and Semiconductor Index (Philadelphia:^SOXX - News) done if one had purchased these markets (on the opening) a few trading days before the month ended and exited a few days into the month? We looked at buying 1-5 trading days before month's end as the entry and exiting 1-5 trading days into the new month (slippage and commission are not included. Past results are not indicative of future returns. All results were created from simulated trading).

The Results
What we found was eye-opening. Most combinations did well. The sweet spot in the combinations was the one model which had you entering on the open the day before the last trading day of the month and exiting on the open on the fifth trading day of the month (you would be in the market a total of six trading days). How well did this do? Here are some results:

The SPX gained 753 points from January 1995 through the end of 2004 (10 years). But, had you purchased the SPX the day before the last trading day of the month, and exited on the opening of the fifth trading day of the month (and you stayed out of the market the rest of the month), the gains were 820 points. That's right. Those six trading days, on a net basis, led to all the market gains. The remaining 14-16 trading days of the month led nowhere. Sixty-four percent of the trades were successful.

Nasdaq 100
What about the Nasdaq? The gains hold here, too. The Nasdaq 100 has gained 1217 points over the past 10 years. But, buying and selling only over the six-day period showed gains of 1354 points.
Semiconductors
Now let's look at the SOX (Semiconductor Index). Are you ready to have your eyes opened? The SOX gained 293 points over the past 10 years. Yet, buying and exiting during the end of the month/beginning of the month period gained 1080 points. It outperformed the SOX by more than three times, while being in the market only 28% of the time!

200-Day Moving Average
Let's go further. You know from How Markets Really Work* that over the past 15 years markets have performed better on the long side above their 200 day moving average and worse below their 200 day MA. So let's add the 200-day moving average to this. Let's only buy on the opening the day before the last trading day of the month and exit on the open on the fifth trading day of the month. And we'll only take this trade if the index is above its 200-day simple moving average. When we do this, our market exposure is now lowered to only 19%. Yet, the gains in the SPX basically replicate the total points gained while being in the market 100% of the time (753 points vs. 743 points). For the Nasdaq, the gains jump up to 1768 points versus 1217 for buy and hold. And for the SOX, the gains are 952 points versus 293 for buy and hold. The SOX gains are even more impressive because you were only in the market 14% of the time.

SOX Equity Chart
Here is an equity chart of the SOX trading it only six days a month while it's above its 200-day moving average. As you can see, a hypothetical $100,000 account has grown to better than $550,000 with a compounded annual rate of return of nearly 20%. You were only in the market 14% of the time over the past decade.

Note: On 2/25/2006 Mike Burk commented:
"In the 1970's, Norman Fosback researched end of month, beginning of month seasonality. He found the last day of the previous month and first four days of the new month had unusually high returns. He would add the second to the last day of the ending month and the fifth day of the new month if they were not Mondays."