Possible New System

Click on the chart to get an animation!

I have been a little busy lately, but I have had time to work on a new system. The chart shows what the system's potential could be. One thing that many people would struggle with is that the system runs on a monthly time frame. It should do nicely for my super fund.

I'll post some more test info when I get a chance - got to go.

stevo

Another chart - AZZ exit

I noticed that I haven't been posting too many price charts lately. Here is a trade I exited at the end of June for a 31% gain. I have only had 2 other exits since then, BCF & FAN, and they lost around 9% and 6.5% respectively.

In the chart above the ribbon at the bottom of the price chart monitors a share index. Red means that this system turned itself off 5 weeks ago.

stevo

Stochastic on price chart

The monthly chart above shows my adaptation of the stochastic plotted on the price chart.

The code I am using is as follows;

Sp = Param("stoch Period", 2, 1, 55, 1);
Lv = MA(LLV(L,Sp), 3); Hv = MA(HHV(H,Sp), 3);
midpoint = Lv+(Hv-Lv)/2;

I am not saying that it is perfect, but it gives the general idea.

The stochastic uses some averaging for the actual indicator. On the price chart the close price can go above and below the 0% / 100% lines because it isn't averaged. The price becomes the indicator!