DOW Trading System
The signals are based on the oddlot shorts, and TRIX. Unfortunately the
oddlot short data is usually one day late but I think the signals are still
a useful tool for traders. Sometimes the oddlot data doesn't affect the
signal entry date at all. At most the signals will be one day late but
this may only happen maybe five to ten percent of the time from what I
have seen so far. Subtract at least ten percent from the system report
to give you a fair indication. I have had the system up to around 25, 000
DOW+ points, but for the above reasons I felt less signals were more indicative
of a true return. The following is used to calculate entry and exit points
for the next bar limit: c-(c*.005), and c+(c*.005) for the sells. In other
words the theoretical DOW must fall lower to generate a buy, or rally higher
to generate a sell. A wide swing, or not so wide a swing sometimes prevents
the system from generating a signal too early or too late. This system
has achieved a balance as you can see by the recent signals. Missing a
signal by a day is usually to your benefit. DOW Diamonds(DIA), and
Spiders(SPY) traded on the AMEX maybe good trading vehicles for
this system.
System
Report