Vto 5 day rsi system

zab

Junior member
14 0
the blades said:
It's true that you can't trade the index but (unlike many other systems) if you repeat the study using futures data, the results are similar to those stated.

UTB

I can't find any variations that are even remotely similar to VTO's reported results for the NDX/QQQQ. Even with futures the system has been flat from around the end of 2001.

Dow variations are even worse.

Only SPX variations seem to have any hope! But even the best results have >50% drawdowns. Perhaps with some proper stops and money management...
 

mr_cassandra

Well-known member
349 36
I have asked at least twice

For the historical data you downloaded to do your own due diligence as well as the rsi formula you were using. At this point I will have to conclude that you have been giving an un-researched opinion. I'd have been glad to check if you gave me anywhere to check.

zab said:
I can't find any variations that are even remotely similar to VTO's reported results for the NDX/QQQQ. Even with futures the system has been flat from around the end of 2001.

Dow variations are even worse.

Only SPX variations seem to have any hope! But even the best results have >50% drawdowns. Perhaps with some proper stops and money management...
 

zab

Junior member
14 0
mr_cassandra - Look on the VTO website. They're trading the NDX. That's not possible. If you take their signals, but instead use them to trade the QQQQ you will get completely different results from those given. Simple.
 

mr_cassandra

Well-known member
349 36
Have you checked the qqqq numbers for yourself?

zab said:
mr_cassandra - Look on the VTO website. They're trading the NDX. That's not possible. If you take their signals, but instead use them to trade the QQQQ you will get completely different results from those given. Simple.

Yes or no will do. All I'm asking is if you have done the diligence before making your opinion. Only facts and research count.
 

zab

Junior member
14 0
yes
 

mr_cassandra

Well-known member
349 36
vto's site has been down several days

I don't know what happened to it but being as the system was free and public, one can continue to follow/improve on it without the site. I post at Ihub a lot and had to remind a one poster about that. he was all worried how would you know when to sell the latest signal and I said easy, watch any public chart of qqqq and if she nears cloosing at rsi 5 50 or better, sell right after close. Saw one poster at cs who staysed another day then closed public trades even better.

the blades said:
Hello,

Has anyone any idea what's happened to the VTO website - has it closed?

Cheers,
UTB
 

the blades

Experienced member
1,336 275
mr_cassandra said:
I don't know what happened to it but being as the system was free and public, one can continue to follow/improve on it without the site. I post at Ihub a lot and had to remind a one poster about that. he was all worried how would you know when to sell the latest signal and I said easy, watch any public chart of qqqq and if she nears cloosing at rsi 5 50 or better, sell right after close. Saw one poster at cs who staysed another day then closed public trades even better.

Agreed Steve,

I actually operate a (very) slightly modified version of this - though I don't need the website for my signals :LOL: I was just curious.

Seems to be a very simple, easy and profitable system to use for a bit of fun - I'm waiting for the catch.

Cheers,
UTB
 

mr_cassandra

Well-known member
349 36
Opinion on the catch

Imo, the catch is that you can't use 30/50 as a fixed setting good for all situations. Diligence on past vto signals shows some significant losses and/or drawdowns. (which can be avoided thru constructive improvements) You need to develop a method for detrrmining bull/bear trend so you can sell higher and buy lower, depending on trend. I'm finding swenlins oscillators at decisionpoint.com are very helpful in the aspect.

the blades said:
Agreed Steve,

I actually operate a (very) slightly modified version of this - though I don't need the website for my signals :LOL: I was just curious.

Seems to be a very simple, easy and profitable system to use for a bit of fun - I'm waiting for the catch.

Cheers,
UTB
 

the blades

Experienced member
1,336 275
mr_cassandra said:
Imo, the catch is that you can't use 30/50 as a fixed setting good for all situations. Diligence on past vto signals shows some significant losses and/or drawdowns. (which can be avoided thru constructive improvements) You need to develop a method for detrrmining bull/bear trend so you can sell higher and buy lower, depending on trend. I'm finding swenlins oscillators at decisionpoint.com are very helpful in the aspect.

Are you actually trading this now? Do you also use the hourly system?

Cheers,
UTB
 

mr_cassandra

Well-known member
349 36
I use my own program, mvp signal system

I have been working on it since late 2000 and recently begain to use proprietary indicators from decisionpoint.com to do even better.

I am a fan of all mechanical systems and discussion thereof but also a builder of my own.

the blades said:
Are you actually trading this now? Do you also use the hourly system?

Cheers,
UTB
 

the blades

Experienced member
1,336 275
mr_cassandra said:
I have been working on it since late 2000 and recently begain to use proprietary indicators from decisionpoint.com to do even better.

I am a fan of all mechanical systems and discussion thereof but also a builder of my own.

So you use your own system and the rsi system - any others and if so, how many? What % do you "invest" in each and how did you decide that.

I have 5 systems that I use - with one being the backbone. My allocation is more on gut feel, but I'm looking into ways of improving on this. The trouble is the other systrems don't improve on the equity curve of the main one. But I don't want to rely soley on the historical performance of one system.

Cheers,
UTB
 

mr_cassandra

Well-known member
349 36
Only use my own program, no one else's

Even though vto's end of day produces much less than my own program, Its a model of simplicity in comparison. I wrote my own program to mechanize ideas I had always followed but to take 'me' and my emotions OUT of the decision loop.

the blades said:
So you use your own system and the rsi system - any others and if so, how many? What % do you "invest" in each and how did you decide that.

I have 5 systems that I use - with one being the backbone. My allocation is more on gut feel, but I'm looking into ways of improving on this. The trouble is the other systrems don't improve on the equity curve of the main one. But I don't want to rely soley on the historical performance of one system.

Cheers,
UTB
 

the blades

Experienced member
1,336 275
mr_cassandra said:
Even though vto's end of day produces much less than my own program, Its a model of simplicity in comparison. I wrote my own program to mechanize ideas I had always followed but to take 'me' and my emotions OUT of the decision loop.

The thing about VTO (my version anyway) is that you might expect about 15% return per year - but it's only in the market 15% of the time. The RAR is potentially fantastic. I find the infrequency of trades difficult (I "fall to sleep"), and also lumping on one index difficult. But it's a great bolt on.

All the best,
UTB
 
 
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