OmniTrader Archives
OmniTrader 2021 General Discussion
Rising Period System
8 replies, 525 viewings
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OmniTrader Archives
OmniTrader 2021 General Discussion
Rising Period System
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Last Activity 3/29/2022 7:56 PM 8 replies, 525 viewings |
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NormanH Member  Posts: 38 Joined: 11/23/2011 Location: Richmond VA  User Profile |
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| Frank Birch Regular Posts: 80 Joined: 12/29/2003 Location: UK User Profile |
The rising period system is a clever little tool, I do believe it to be one of the very first systems created inside omni language way back! Its where the concept is that you must have 3 (Default Value) continuous up or down bars in the same direction for it to fire a signal. As it says by the name of the system pointless setting the value to 1 say but 2,3,4,5?? W D Gann used a similar concept once a turning point has been made then enter on the count of 3 in said direction. Hope this helps. Regards Frank Birch | ||
| NormanH Member Posts: 38 Joined: 11/23/2011 Location: Richmond VA User Profile |
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| LSJ Legend  Posts: 515 Joined: 8/17/2006 Location: Citrus Springs, FL User Profile |
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it. Will Rogers | ||
| Frank Birch Regular Posts: 80 Joined: 12/29/2003 Location: UK User Profile |
(Falling Period) When the shoe shine boy starts telling you what stocks to BUY? Then its time to sell. Joseph Kennedy (father of President John F.) Respectively Frank. | ||
| Frank Birch Regular Posts: 80 Joined: 12/29/2003 Location: UK User Profile |
I don't play golf & its a beautiful Saturday morning over here in the UK! I've got some time on my hands and thought I know what lets see if we can see if the rising period system can be made into a profitable strategy!! My symbol vehicle is the AUDUSD, back test of 4 years. Time frame is Daily (which I never trade) I started 35 minutes ago and attached is the performance report for 2 strategies using the rising period system that I created. So the Answer is yes you can trade the Rising period system mechanically and profitable. Regards Frank Birch  Attached file : 2022-03-26_10-08-36.png Rising Period system.png (117KB - 119 downloads) | ||
| NormanH Member Posts: 38 Joined: 11/23/2011 Location: Richmond VA User Profile |
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| Barry Cohen Sage    Posts: 6308 Joined: 1/19/2004 User Profile |
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| NormanH Member Posts: 38 Joined: 11/23/2011 Location: Richmond VA User Profile |
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