Short Term Trade Filters

30 thg 4, 2020

This Panel consists of supporting filters to be used together with the "Short Term Trade Setups" panel.

These filters are described in the the book (Swedish):

"Boken om Gerillatrading" by Johan Hellström, Peter Nilsson, Johnny Torssell

The panel consists of three rows defined as:

Market Trend : 'green' if a positive Market Trend (choose the relevant to you!)
Turn Of the Month (TOM) : 'green' for the days between the 24:th and the 3:d of the month
Volatility : High-Volatility(yellow), Medium-Vol(orange), Low-Vol(red)

The filters, that can be used independently, will improve the result of the trade signal.
According to the book, 'High-Volatility' is the most important followed by 'TOM'
and then a positive 'Market Trend'.

NOTE: The Market Filter is a daily MA-365 of the relevant Stock Index, or a MA-200 of the price, choose accordingly!

29 thg 3, 2022

Phát hành các Ghi chú

Simplified the Market Trend calculation and made it possible to choose Resolution and Time-period used.

30 thg 3, 2022

Phát hành các Ghi chú

I'm struggling with the Multi-Time-Frame mechanisms when showing the Market Trend indication.
Anyway, here is my best shot at it so far.