crappy trading day indicators

Discussion in 'Technical Analysis' started by xtrhvydty, Jan 13, 2008.

  1. Curious what your criteria is for crappy trading days. The following has worked well for me:

    1. Stay out 11:30-2:00pm ET
    2. 15min volume must> its 200MA
    3. Swing volatility:
    Use the following variables:
    A=(Max high 15 bars) -(min low 15bars) on 1min time frame
    B=60MA of A
    C=500MA of A
    Trade only when A>B>C

    This will definitely miss some moves but will keep out of the crazy bipolar stop-n-start days. Always some tradeoff.

    Note this would have reaped profits on a good day like 1/8, whereas a fairly crappy day like last Fri 1/11 would have been omitted. It also indicates when a crappy day turns into a good day.

    Your ideas?
     
  2. Big AAPL

    Big AAPL

    When Ben speaks.

    Also, how does one plot a MA on volume? I'd love to know as it seems interesting.
     
  3. if v >average(v[1],200)then begin plot1(c,"va-200");

    anyway when you say 200 it's not day i think is 200 15 minute periods? or do you really mean days? mb

    never mind i read your post again. some good ideas.