Fyi on my own system

This is a discussion on Fyi on my own system within the Trading Systems forums, part of the Methods category; Version 21.b SELL & go to cash signal The best overall 8 year results have been if you take action ...

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Old Jun 15, 2004, 1:30pm   #1
 
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Fyi on my own system

Version 21.b SELL & go to cash signal

The best overall 8 year results have been if you take action on a SELL signal at the open.

For SP400 vehicles like mdy, iwm and ijh this is possible. For funds like Umpix you can only sell at end of today anyway.

This closes the 3rd round of real-time trades since the latest major revisions to the
<a href=”http://www.angelfire.com/ma4/mr_cassandra/MainPage.html”>MVP Signal System</a>
I will update the links to real-time trades at my website as time permits but bear in mind you can just look at closed trades by mr_cassandra at Clearstation and see the same thing.
Footnote on funds like Umpix, many brokerages charge a fee for trades lasting less than 180 days, usually $75.00 but do the math, if you made twice the profit, how’s your net after that fee?

In the future I will be posting buy/sell/short signals at the following Clearstation boards:
Mdy , umpix , mdpix , iwm , ijh , _mid.x and Uipix.

I am considering offering this as a paid e-mail advisory service after completing one year of publicly posted signals at Clearstation. If you have any interest in this please e-mail me at mr_cassandra@yahoo.com. You will not receives ANY spam emails from doing so and I will remove you from my list at any time you say.

In my normal brokerage accts I will be selling Umpix and Mdy and n my retirement accounts I will be selling whatever vehicles they had that I could use with this system-russell 2000 index in one and Smith Barney Sm.Cap.Growth Opp. In the other. When I get the receipts, I will make a followup post with those results.

Be sure to check on my closed recs the prior closed Mvp system short in Uipix, a recent offering from Profunds that allows 2X shorting in the SP400.

This program has been under development for almost four years and is currently in its 21st version. I distribute a much older version for the express purpose of people who are interested being able to examine the style of programming and the way it works with market indicators. My purpose in doing so is so that they can assure themselves of the basis for this, as opposed to ‘black box’ systems.
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Old Jun 20, 2004, 6:56pm   #2
 
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Additional Mvp v21 trades update

mr_cassandra started this thread After the sell trade I posted 6/14, to be executed 6/15 at the open, there was a 're-buy' signal on the 16th and a re-sell signal on the 18th.

I post all the trades at www.clearstation.com but am unhappy with how their system gets the price.

As an example, my trades are always done the next trading day after the signal. Buys are done as late as possible in the day whereas sells and/or sell short is done at the open.

Clearstation tends to take & record the price it sees at the moment. This means that you'd have to sit at your terminal and hit the send key at the exact, correct moment to accurately record the open price.

The problem is worse with funds. Umpix, like many other funds, trades at 4pm, when done thru a brokerage acct.


So Friday nites sell signal means I should be getting Monday 6/21 4pm close umpix price. To do this effectively at clearstation, I'll need to put in the sell Tues am so their software will grab the Monday 4pm price.

This is all bit cumbersome, but I'm trying to put my results out in the public eye in a way anyone can verify.

http://www.angelfire.com/ma4/mr_cassandra/MainPage.html

http://clearstation.etrade.com/cgi-b...dra&Event=open


Regards, Steve
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Old Jun 22, 2004, 10:56am   #3
Joined May 2004
What are the main components of your system?
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Old Jun 22, 2004, 5:46pm   #4
 
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mvp signal system components

mr_cassandra started this thread
Quote:
Originally Posted by pkfryer
What are the main components of your system?
They are (m)clellan summation ratios, (v)ix and (p)ut call ratio, hence the acronym mvp.

Essentially the system looks for verifiable extreme points which have accompanied prior tradeable tops/bottoms and then cross checks with various of its components to validate the signal.

I have enough historical data built in to be able to side-step occassional distortions which can be seen in vix, pcr and the mclellans. IE sometimes the vix can and does change ranges in a serious way. pcr is much less prone to that but can shift its range at least 10%.

It goes without saying that such a system can not achieve laser-precision, but that being said, if you look over the table of trades, its close enough to be far superior to buy and hold, in fact not even close.

Last but not least, its truly only the real-time trades Ive been posting at clearstation that matter. Back-tests are nice theorretical studies, but what a system does in real time is really all that matters.

http://www.angelfire.com/ma4/mr_cassandra/MainPage.html

You can review my publicly posted trades by looking at the recommendations page for mr_cassandra at www.clearstation.com

Regards, Steve
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Old Jun 22, 2004, 7:43pm   #5
 
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Latest mvp signal at clearstation.com

mr_cassandra started this thread http://clearstation.etrade.com/cgi-b...on.etrade.com/

I'm trying to incerase the amount of detail on each signal post at clearstation. Any questions are welcome.
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Old Jun 24, 2004, 12:41pm   #6
 
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mvp system re-buy signal

mr_cassandra started this thread as of close Wed. June 23

I'll place the umpix post tomorrow am so clearstation records tonites close.
As noted in past posts on clearstation mdy/umpix boards, re-buys are much more prone to whipsaws than normal mvp signals, however they are winners more than losers.

Over the 8 year back-test, buys have been more profitable if placed late in the day; whereas sells work out better if done at the open.

Trades recorded under mr_cassandra at www.clearstation.com

More details of the system at http://www.angelfire.com/ma4/mr_cassandra/MainPage.html
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Old Jun 24, 2004, 3:03pm   #7
 
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mvp signal system re-buy signal

mr_cassandra started this thread The link below takes you to the website I setup to explain all the general details. I aplogize for all the advertsing popups. When I set up my own domain, I can put an end to such intrusive advertising.

http://www.angelfire.com/ma4/mr_cassandra/MainPage.html

The link below takes you to where the mvp trades are publicly posted at clearstation.

http://clearstation.etrade.com/cgi-b...dra&Event=open
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Old Jun 24, 2004, 3:10pm   #8
 
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Contrarian indicators

mr_cassandra started this thread ever since I read Zweig's book 'winning on wall st' years ago, I've been hooked on contrarian indicators. I even developed my own, called 'net new lows' which calculates the raio of new highs to new lows versus the total actives. That way you get a comparable factor year after year.

My own trading system uses vix and pcr as well as others to gauge fear levels and buy, or coplacency and sell.

Link below

http://www.angelfire.com/ma4/mr_cassandra/MainPage.html
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