Kaufdrucksystem (buying pressure system) after F.Held, coded by O.P and M.Z.
A combination of 5 adjusted conventional indicators and corresponding treshholds to generate a trend ranking between 0 and 5.
At crossover/under of KDS with buy/sell_border (2.5) a BUY and SELL signal is generated, respectivley.
Tested on indizes, ETFs and stocks for time frames from hours to weeks.
KDS 2.5 outperformed standard MACD and RSI approaches for stocks like TSLA, BOEING,WIRECARD.
KDS 0.5 outperformed standard approaches for SP500 and Nasdaq.
Backtesting was performed with 10% of equity of a 100000 $ depot ( slipage 1 Tick, 0.1% commision) on Lyxor DAX ETF from 2000 to September 2020.