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GFIs1 HiLo DAX Signal
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GFIs1 HiLo DAX Signal

  #101 (permalink)
Market Wizard
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Hi @bmtrading9

You know already my settings (VWAP 3,1 band, ZigZag > 1%, time 213 seconds, Ichimoku cloud).
Here I am using RT/Investor - so my template you can not use with your app.

Happy setup
GFIs1

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  #102 (permalink)
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GFIs1 View Post
Hi @bmtrading9

You know already my settings (VWAP 3,1 band, ZigZag > 1%, time 213 seconds, Ichimoku cloud).
Here I am using RT/Investor - so my template you can not use with your app.

Happy setup
GFIs1

@GFIs1 Thanks for the information, so you are using default indicators (VWAP, ZigZag and Ichimoku cloud) come with NT? or do you use any custom indicators?

futures.io (formerly BMT)rader

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  #103 (permalink)
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bmtrading9 View Post
@GFIs1 Thanks for the information, so you are using default indicators (VWAP, ZigZag and Ichimoku cloud) come with NT? or do you use any custom indicators?

futures.io (formerly BMT)rader

As I have never used NT I can not give you a hint here. The indicators are in the normal settings (Ichimoku et al)
- VWAP band is restarting at the new session.

GFIs1

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  #104 (permalink)
Market Wizard
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Got a new long signal

Just before noon a new long signal occured @ 7733
so from 7966 to 7733 resulted 233 points.
Expecting that long not develop much - and then
a new short should align.
Happy weekend
GFIs1

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  #105 (permalink)
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Really good (and cool!) long term and short term work!!

Cheers Indeed.

Travel Well
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  #106 (permalink)
Market Wizard
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GFIs1 View Post
Just before noon a new long signal occured @ 7733
so from 7966 to 7733 resulted 233 points.
Expecting that long not develop much - and then
a new short should align.
Happy weekend
GFIs1

What I noticed is this is working very well for DAX not so much for US markets (i.e SPY or DIA etf's)...still testing it let's see...but this seems to be a very nice swing method.

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  #107 (permalink)
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bmtrading9 View Post
What I noticed is this is working very well for DAX not so much for US markets (i.e SPY or DIA etf's)...still testing it let's see...but this seems to be a very nice swing method.

I have not done any tests in a very long time, but when I backtested there was a noticeable difference between US-Indices and the DAX. US-Indices were more amiable to mean-reverting methods while DAX was more suitable to trend-following methods. Maybe this difference still exits?

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  #108 (permalink)
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FGBL07 View Post
I have not done any tests in a very long time, but when I backtested there was a noticeable difference between US-Indices and the DAX. US-Indices were more amiable to mean-reverting methods while DAX was more suitable to trend-following methods. Maybe this difference still exits?

I guess the main reason for this method worked very well is because of the increase in volatility in DAX when US markets are opened....you can clearly see that volatility in expansion of the VWAP bands.

For example I didn't see any long signal in US markets on Friday but in DAX we got a long signal. Here the logic might be once US markets opened or US jobs report released we saw a sudden drop in US features along with global markets hence the price crossed the VWAP bands and gave a long signal in DAX.
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  #109 (permalink)
Market Wizard
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My point of view concerning Dax movements versus US indices:

a) Dax does no longer follow strictly the US movements since several months
b) the friday Dax drop was heavier than normal

thus a retracement is logical and may easily get above 1% before another
expected downmove starts again.
So my scenario is on Monday to see some up and from latest Wednesday
short again.
Hope this helps.

GFIs1

PS: as for US indices the system might work - but eventually needs some
refinement in timing and signal setting. Looking only at some days does not
give enough basis to see if the signals work fine.

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  #110 (permalink)
Market Wizard
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Bigger picture


As said on Friday - a long signal (valid - after many invalid signals) occured @ 7733.
The leg developed at that point to over minus 3% already. Bad numbers came in some
hour after the signal and price flipped further down to a total leg minus 3.73%. From
there some retracement occured.
In our case the signal - though correct - had some slippage. This means we need to
get a stop loss some room according to the length of the leg.
Here the trade was switched to long before the real turning point was seen.
Illustration here:

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In that scenario - as described in the Friday post - the long will not develop much.
I assume to have that next turning point with a valid signal to get a new short leg
which might go to evolve quickly. Note that the red arrows here are NOT time relevant.
GFIs1

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