|
PureBytes Links
Trading Reference Links
|
Hello marika11,
m> Here it is the idea... Assumption: In most indexes markets gaps on
m> daily bars are rare Idea to take advantage of this: to put in open
m> 2 orders, one buy x point
i was working on some ideas in the past.
1.) time - if a certain amt. of time has passed by and the market
hasn't done what i expect then the system must get out - or move stop
to break even + cost.
2.) stop - initial stop should be a reversal order until the time
dictates to move to a break even + cost. else we need ot test a strait
stop also.
3.) volatility - looking for extreme low volatility, then give more
weight to a trade that is in the opposite direction of the one that
just occurred.
4.) ranking - rank trades according to probabilities and stops the same
way. all must first rate % probabilities 1st!
5.) fair value - use a a filter.
6.) divergence - between the sp and cash - sp and tick - sp and nyse -
sp and (adv-dec).
7.) 30 yr. bonds trending same direction.
8.) tick - the levels of the tick should be used as a ranking for
trades especially when outside of 500+ or 500-.
9.) daily - look @ patterns on daly chart - looking for certain pop
offs - leading to sideways markets that tend to swing big.
10.) high tick - high tick frame filter.
11.) low tick - lower tick frame for orders etc. (;-) ken) should have
confirming indicators on this smaller time frame tic bar chart.
12.) but none of this logic panned out in the long run.
--
Have a Great Day, Mark
http://www.markbrown.com
|