ASELS
Applied ROC Strategy on Turkish Defense Company : AselsanAbout ROC Strategy :
Go Long when the ROC crosses above the Value of '0'
Short when the ROC crosses below the Value of '0'.
The strategy is a reversal strategy through the use of the 'Cover and go Long' and 'Close and go Short' Actions. The ROC property of 'Period' can be changed for testing purposes using the available ROC 'Factor'
Important Notice :
Although I publish this article in 30 mins period, the strategy works best with the intraday trading(1 min). If you decide to adapt this strategy to your Algo Trader, remind urselfs that %P&L for intraday is around ~8%. Also bear in mind the Turkish Stock Market Volatility plus any political related decisions on defense companies inside and outside the coutnry. The %P&L ratios has been calculated throug BackTesting&Optimizing on Bloomberg Terminal for July 2020.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Will the Elliot Triangle Wave Pattern Work for "$CIMSA" Again?What to-look for ?
Follow up the trend and seek for possible position entries.
Set that yellow triangle as your safety stop.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
ASELS|According to bullish trend line my strategy long term longASELS supports and resistances seem positive if it works correctly in the bullish trend. It can be up to 40 TL.
Just my personal opinions. The graphic I share is my educational work for my personal strategy. It is not investment advice.
Aselsan Long Trade Setup 1day bearish BAT or Alternate BATHi all,
Not investment advise
1 day bearish bat or alternate bat harmonic pattern on ASELSAN
28.84 cup & handle
Bat harmonic pattern target @0.886XA 30.26
Alternate Bat harmonic pattern target @1.13XA 33.08
Then my main expectation is sharp fall for aselsan
Good Luck