Trading systems (stocks)

This is a discussion on Trading systems (stocks) within the Free Systems forums, part of the Mechanical & Systems Trading category; Hi there, I trade the Nasdaq using Williams+RSI as the primary tools for buy/sell signals. This is rather limited so ...

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Trading systems (stocks)

Hi there, I trade the Nasdaq using Williams+RSI as the primary tools for buy/sell signals. This is rather limited so I want to investigate other systems. Does anybody have links to a good resource or pointers to a good trading system (for stocks)?

Thanks,

Nathan
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vtoreport.com 5 day rsi system

Quote:
Originally Posted by gurunaif
Hi there, I trade the Nasdaq using Williams+RSI as the primary tools for buy/sell signals. This is rather limited so I want to investigate other systems. Does anybody have links to a good resource or pointers to a good trading system (for stocks)?

Thanks,

Nathan
only seems to work on qqqq and also see posts at www.clearstation.com by cs member Nocona who has introduced a nice and better way to use the original system. Just for the record vto is free and sells nothing and Nocona is just another poster, sells nothing.

However, compare vtos 8 years of results to most folks broker statements and voila
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Re: Trading systems (stocks)

Currently forward testing the hrly RSI(5) on NDX and INDU, through CapitalSpreads. Don't have access to backtesting software but eyeballing the chart, could be a steady winner?

Long entry:
Buy when RSI(5) makes an hourly close <26
Sell when RSI(5) >70

Short entry:
Short when RSI(5) >75
Cover when RSI(5) <30

"flame throwers" welcome.
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flamethrowers lol

I've found most flame throwers quiet down when asked what research or testing they've done on their own.
Your hourly idea is being widely discussed at www.clearstation.com - qqqq board by and with the poster named Nocona.
Long term hourly data seems hard to come by but I think you do need to see how it does in bearish market moves and also bubble runs like in 1999 usa dot com mania.

take care, steve

Quote:
Originally Posted by ChowClown
Currently forward testing the hrly RSI(5) on NDX and INDU, through CapitalSpreads. Don't have access to backtesting software but eyeballing the chart, could be a steady winner?

Long entry:
Buy when RSI(5) makes an hourly close <26
Sell when RSI(5) >70

Short entry:
Short when RSI(5) >75
Cover when RSI(5) <30

"flame throwers" welcome.
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Re: Trading systems (stocks)

Thanks steve, i'll take a look.
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A couple suggestions.....

There is a system utilizing the 5 day RSI on the nasdaq index which you can see at www.vtoreport.com - click rsi tab. The system is simple and freely explained. The site sells nothing.
They display a track record going back to 1997. After reading their blurb, you may want to check on the www.clearstation.com qqqq board for posts by Nocona. he has implemented a scaling in process using the vto system and he does substantially better than they do.

Like vto he is merely posting a simple idea freely available and sells nothing.

Quote:
Originally Posted by gurunaif
Hi there, I trade the Nasdaq using Williams+RSI as the primary tools for buy/sell signals. This is rather limited so I want to investigate other systems. Does anybody have links to a good resource or pointers to a good trading system (for stocks)?

Thanks,

Nathan
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Thanks! The post above is recommended by: Ursssk
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