eminialgos

eminialgos

The chart below has two trading systems, one bullish and one bearish. Both indicating that the trend is in place so will look into s short term to see if signs indicate trend is breaking down

eminialgos

The chart below has two trading systems running with Bullish and Bearish biased systems. The trend changed negative several weeks ago but the flat selling relative to the buying is bullish going forward. Traders can think of this as supply and demand periods. The uptrend is "demand dominant" while the downward (sideways in this case) as "supply dominant". When...

eminialgos

The 4 hour trend rolled over into negative territory yesterday with the bull biased model breaking the LRX trend but there has been no positive move on the bear biased model. I have drawn a trend line on the indicator as the bear model has popped up and through the LRX line several times with no affirmation. That would no be surprising since even now, the S&P 500...

eminialgos

Below there are 3 indicators, the bottom two are equity curves of both a bullish biased system (2nd) and a bearish biased system (3rd). The bull has already crossed below the LRX line while the bear is nearing a cross. My expectation is that the S&P will now trade in a flattish range over the next 3-6 weeks

eminialgos

I am posting this in conjunction with additional charts running a basic Trend Model Sys program that i have tried to migrate over from TradeStation. Not having much luck but learning the pine editor in the process. The basic idea is to use trading systems as analysis tools and do so with a hierarchy ie. daily, 1 hour , 15 min and 3 or 5 min., so that inside high...