Questions to Jack Hershey

Discussion in 'Technical Analysis' started by BenzMercedesSL, Oct 27, 2011.

  1. K200 rocket backtest result on non degapped data
     
    #231     Nov 12, 2011
  2. K200 rocket backtest result on degapped data
     
    #232     Nov 12, 2011
  3. This is a typical losing trade (blue rectangle).

    [​IMG]
     
    #233     Nov 12, 2011
  4. SK0

    SK0

    The attached is the Beginner Rocket document. You need to consider volume too. 10 to 12K WAS the fast pace. You could use MAK matrix 70% to adjust volume for comtemporary use. The short signal on your Stochastic (14 1 3) should be CROSSING below 20 level.
     
    #234     Nov 12, 2011
  5. stasbz

    stasbz

    #235     Nov 12, 2011
  6. Yes, getting the stochastic xo right would help the backtest, I'm sure. Volume too.

    For me, rockets are characterised by lateral or with-trend non-dom left to right moves. The "I couldn't get in" syndrome very likely means you are watching a rocket in progress. The indicator values alone are necessary but not sufficient. Your rocket indicator values might easily be evidence of a P3 the other way.

    You want it to be one way. But it's the other way.
     
    #236     Nov 12, 2011
  7. nkhoi

    nkhoi

    #237     Nov 12, 2011
  8. RSI and 180 points stops are to be ignored.

    Where's Pekelo when you need him? :)
     
    #238     Nov 12, 2011
  9. Is the MACD and STOC calculating off of the degapped data or non-gapped data?
     
    #239     Nov 12, 2011
  10. Throw away all books written by Covel. The bullshit is over.
     
    #240     Nov 12, 2011