dmedin

NEW TRADING SYSTEM IDEA 👹 When the price is above 200 EMA and the Slow Stochastic (14,3,3) %D line has been below 20 and the %K line crosses above the %D line from below 20 and the %K line is greater than 20, buy with a risk:reward of 1:1.5! When the price is below 200 EMA and the Slow Stochastic (14,3,3) %D line has been above 80 and the %K line crosses below the %D line from above 80 and the %K line is less than 80, sell with a risk:reward of 1:1.5! 🤡 Test a hunner times, hun? 😘 👺

It's all a load of f*king sh!t.

Using the EMA values of 9, 18 and 200 generates a profit both long and short on U.S. 30 on 15 mins time frame.

The following code is Pinescript (you can use it on tradingview.com). It is the 'famous' 4-9-18 (E)MA crossover strategy. Try applying it to the various indices on a 15 minute time frame. For example on the U.S. 30, 15 minute time frame, it gives this: Net Profit ALL $ 2852.40 2.85 % LONG $ 3318.70 3.32 % SHORT $ 466.30 0.47 I did manage to tweak the exit conditions to get this to generate profit going short as well as long but I've forgotten what it was. Otherwise you would only ever take long trades on this market. The maximum drawdown was $ 2160.60 The real kicker though, is the equivalent buy and hold profit: $ 25609.35 Interestingly - if you apply it to other indices such as Australia 200 and French 30 the exact same system generates a pure loss (it makes profit on several others) Hence, the same MAs on the same time frame do not generate results for different securities that are remotely similar. (So much for the techniques of TA being applicable to everything.)

Please permanently ban me, this is a harmful addiction and I don't have the willpower to stop.

Maybe one day you will stop looking. The answer is right in front of you, but you won't acknowledge it. Most people here are in denial

So-called 'technical analysis' should be put in the same category as Scientology. It's seductive nonsense designed to trick people with too much spare money and not enough sense.

Well Tom, what's the 15 minute saying now? 🧐

? https://en.wikipedia.org/wiki/Death_drive

Buy?! Right now?! hahahaha

Do any of them talk about demon sp^nk as well?

Who knows? Who has a theory on this?

Apropos of which 😘

Tom! It's our fave, Stevie Wonder 💃

Turn up thy breeches and make merry, Tom Bombadil

It's like a whirlwind inside my head ... Ended up hanging himself. What a lege!

Gott-Dayum, that really MELTS the brain hahaha 🤓

Perhaps 1 in 20 trades are as good as this one

The trend is up, the parpy bottoms prevail 😘

I am a consistently profitable trader with the benefit of hindsight. All of my backtesting results are amazing

Jumpin' Jehoshaphat! 🤠

Trading on even a one hour time frame is treacherous. Start with a look at the day chart. If you see a trend, only trade in that direction. If you don't see a trend on a day chart, don't trade at all. Even if that means not trading for weeks or months on end

Heavy metal, dance, classical, even country and old rock and roll - all (can be) good. Come on now Tom, let's see you dance a wee jig

Did you 90s ravers listen to this? Not your cup of tea? I love it. I've always been into music, not scenes. Hell is other people

I'd probably do it all again. Endless amounts of masturbation