megabucks Veteran   Posts: 292 Joined: 9/30/2010 Location: uk  User Profile | ive been critised by a good friend of mine who i will not name,,but i respect a great deal. he says i wont study and read books,,,may i say this is not a dig at him but a general comment to say im not one for reading at all. im very much a practical person and looking on the forum and learning i would like to say when i have the time i have been tweaking my strategies ive made and i think have good results. ok as yet not run them thru SW with this setup i would like to show you the screen prints and ask for advice or opinions or even input from experienced guys on here for there input my next step is to make sure i am using the right indicators cos im a guy who likes to confirm him signals with indicators so,,,,any one willing to help with there thoughts on my indicators and if i should use something they recommend or change something i have. im a novice so want the expert input. so far i get a signal on the vote line,,i like to see strength below or around 30 for the rsi i like the short term sto (13,5,3) to be below 20 i like the longer term sto (100,5,3) again below 20 i like to see macd crossover below 0 line and macd hist to cross over the 0 all this for a long position i look for price to be lower the the short term fib indicator on side of the chart. i pay attention to the 20ma for direction of price too if i see a steep decline of the 20ma with abuy signal i must admit im cautious. id like to have momentum direction trend etc on the chart so as i said any input of advice from experts would be welcomed so far paper test results are good  Attached file : signals.jpg (455KB - 551 downloads) Attached file : report.jpg (204KB - 529 downloads) Attached file : position history.jpg (367KB - 534 downloads) Attached file : portsim.jpg (345KB - 524 downloads) Attached file : open positions.jpg (390KB - 564 downloads) |
