Jump to content

Would this be useful to anyone? Prevailing market sentiment graphs?


Recommended Posts

Would this be useful to anyone, Prevailing market sentiment graphs? 

I have found a lot of good success using this method trading stocks. It makes use of the Hull Moving Average. Not just using the Hull Moving average however but I have found that it is surprisingly accurate. 

Quote

If the HMA is rising, the prevailing trend is rising, indicating it may be better to enter long positions. If the HMA is falling, the prevailing trend is also falling, indicating it may be better to enter short positions. Like any other moving average, if the HMA is rising along with price, it indicates an uptrend. Conversely, if the HMA is falling along with price, it indicates a downtrend. Traders can take a long position if prices are rising and the HMA is trending upwards. However, traders can take a short position, if the prevailing trend is falling.

Would this be useful to anyone? I will update these graphs most days if people find it interesting for both the FTSE100 and FTSE250 with general market sentiment. I have annotated the graphs so that if the prevailing sentiment is up/long it will show in green and if it's down/short then it will show as red.  

I can produce other graphs for individual stocks if there is enough interest. Feel free to fork, update, message me for any questions etc. 

Graphs

  • Like 2
Link to post

Agree with all comments - I only trade USA stocks - so Tesla (made a bomb on that in Jan till I got a bit too greedy - still out with a great overall profit) and DOW as already trade them at various times in the last 2 months

 

Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      14,246
    • Total Posts
      70,597
    • Total Members
      59,175
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    jakeyboyy
    Joined 24/02/21 23:58
  • Posts

    • I'm trying to work out the Return on Assets on some banks which is Income/Assets but I don't know which figure on the accounts to use.  I'm using Stockopedia. Do I use the Net Income listed part way down the Income statement or the one right up top of the Cash Flow Statement? Any help would be greatly appreciated.
    • It's not being terrified of losing. I get that you need to lose sometimes to win but in the end of the day your account/expectancy needs to be positive, so I guess it's the fear of repeated losses or the one big loss that you then need to recover from, 2 steps forward 3 steps back. That's of course if you're willing to put yourself in a big loss situation i.e. too big a position size.
    • Sorry captainsamurai, are you actually saying that you won't go bankrupt? In my case no I'd stop trading before that happened but I could sure make a nice dent in my savings first.
×
×
  • Create New...