Pivot Reversal Strategy - FIGS & DATES 2.0Simple Pivot Reversal Strategy with some adding settings.
Date Range: To test over specific market conditions.
Initial Capitol: $10K - This is a more realistic representation of funds used this strategy (for me anyway). The default of $100K can give different results (usually better) than when using a smaller balance.
Order Size: 100% Equity - These trend following strategies typically used this way, going all in each direction.
Commission: .075% - It's always disheartening to think you've found a ridiculously good setting, and then realize you forgot to add the commission.
All of these settings can be changed, but it's easier for me (and more fool proof) to have them set as default.
Trendfollower
AutoTrendTrader"The Trend is your Friend" is a popular quote and Day-Traders, as well as long-term Investors, build their Strategies on top of this Mantra.
Leverage this Principle by using AutoTrendTrader to ride the Trend and let your Profits run!
Get Email-Alerts with your customized buy and sell signals, or use autoview to trigger and exit the trades.
Features:
Reliable Detection of Up- and Downtrends - this will enable you to enter strong Trends at the right time
Partial Profit Taking - Configure your perfect Mix of taking profits early vs. letting profits run
Reversing Signals - Limit your Draw-Down
Proprietary Algorithms combined with multiple Confirmations via other Technical Indicators
What's included:
AutoTrendTrader Study (generate Signals)
AutoTrendTrader Strategy (backtest your Settings)
This Study was built to be used with autoview . It generates Alerts that can be used as Entry-Signals. Taking Profits will be configured via autoview. You can configure partial profit taking via autoview and exit Positions via the reverse Signal.
But of course this Study can be used to generate Entry-Signals for any Asset and then exit Positions based on your own technical Analysis.
RSI based trend follower
I'm a fan of "less is more". This indicator doesn't mess up your chart with lines, symbols, moving averages or such; it doesn't even add another oscillator in a separate window, letting you focus only on what is most important: price action. It will silently do its job by plotting an arrow (upward arrow for long triggers and downward arrow for short triggers).
It works really great with strong trending markets on higher time frames, so it gives its best on Stocks on a daily/weekly frame; consider it a long term trading indicator.
