stankatz42
6 posts
msg #98901
- Ignore stankatz42 |
2/4/2011 6:18:55 AM
Has anyone added the MACD for confirmation on this filter?
Let me know what you think.
Stan
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irishpitbull
54 posts
msg #99059
- Ignore irishpitbull |
2/12/2011 10:46:10 AM
Stan,
I started using this at the beginning of the year, there is a MACD confirmation included in it. The filter is kinda tight, but is 100% for the year with a +300% ROI. I buy big "lots" of stock so this filter is perfect for me.
For back testing I use a 3% stop loss and 4% profit stop.
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stankatz42
6 posts
msg #99247
- Ignore stankatz42 |
2/19/2011 8:58:53 AM
irishpitbull.
Thanks very much.
I'm also using the PSAR for confirmation.
Using that with MACD helps with entries.
Stan
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wkloss
231 posts
msg #99305
- Ignore wkloss |
2/21/2011 5:29:13 PM
irishpitbull,
Have you tried backtesting your filter
irishpitbull
msg #99059
going back a few years?Obviously 2008 should be expected to be difficult but years beyond that are nothing like recent years. I'm using your 3% & 4% suggestions. One thing I did different was to limit entries to 2 a day and maximum positions to 10 because I feel that represents what I think most traders would do.
Bill
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