Hi everyone.
During the Covid market crash it occurred to me that these crashed happen every few years, so I start looking at signal in which could help buy a massive dip in the us500 and ride it back up.
This is what I have come up with.
Any feed back or criticism would be greatly appreciated. Only way to progress forward
Rules:
Enter positions under the 150 Bollinger Band, when the bar closes above the previous bar, signalling a possible buy signal
Other than the most recent days..
This is us500 with just one position at each signal under the Daily Bollinger Bands
Its not doing the best right now as the markets are going downward sideways, but the overall profit is still up.
And this is when the 'adding more' positions variable activated.
Once the master entry has been opened the system will add more positions as the chart goes up.
Hit a bit of a flat spot right now, still epic I think.
And this is adding more when its going up
The strategy itself is very simple right now and only involves a few blocks
Any suggestions to add to this system would be pretty cool, as all Ive really done is buy an uptrend in a backtest
Thanks
During the Covid market crash it occurred to me that these crashed happen every few years, so I start looking at signal in which could help buy a massive dip in the us500 and ride it back up.
This is what I have come up with.
Any feed back or criticism would be greatly appreciated. Only way to progress forward
Rules:
Enter positions under the 150 Bollinger Band, when the bar closes above the previous bar, signalling a possible buy signal
Other than the most recent days..
This is us500 with just one position at each signal under the Daily Bollinger Bands
Its not doing the best right now as the markets are going downward sideways, but the overall profit is still up.
And this is when the 'adding more' positions variable activated.
Once the master entry has been opened the system will add more positions as the chart goes up.
Hit a bit of a flat spot right now, still epic I think.
And this is adding more when its going up
The strategy itself is very simple right now and only involves a few blocks
Any suggestions to add to this system would be pretty cool, as all Ive really done is buy an uptrend in a backtest
Thanks