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Like everything else in life there is no one good fit for all and this applies also to stocks trading.
select the stocks you want to trade, go to the chart, check out the signals and its recent historical performances. Look, the system we implement may not work for all price behaviors, we accepted this fact, you should too if you want to be a good trader.
So how many different price behaviors are there? -------> we don't know and run as fast as you can if someone says he knows. Basically, we can identify three price behaviors.
They are "trend catching", "counter trend" and "tops and bottoms". They are all based on expected price movement with respect to current positions and relative positions of the 20 and 50 days moving averages as well as the William's %R and RSI indicator. That's all that is without cramping our minds with other indicators that causes analysis paralysis both to us and the programming codes.
Recently we implemented the PriceStructure Ranking (PR)
which essentially checks the performance of the trading system to the price structure of the stock. If the price structure of the stock in harmony with the trading system, then the PR will be high.
We strongly suggest you only trade stocks with PR greater than or equal to 60 so that your chance of success in your next trade is better.
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DISCLAIMER:
THE RISK OF LOSS IN OPTIONS AND FUTURES TRADING CAN BE SUBSTANTIAL. THEREFORE, ONLY GENUINE RISK CAPITAL SHOULD BE USED FOR TRADING PURPOSES. OPTIONS AND FUTURES AND FUTURE OPTIONS MAY NOT BE SUITABLE FOR ALL INVESTORS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL CONDITION WHEN DECIDING WHETHER TO TRADE. PAST PERFORMANCE, PROJECTED OR HYPOTHETICAL RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE INFORMATION PROVIDED IN THIS SITE IS BEING DISTRIBUTED "AS IS" AND IS INTENDED TO PROVIDE ACCURATE INFORMATION FROM A SOURCE CONSIDERED TO BE RELIABLE. ALL INFORMATION IN THIS SITE IS DISTRIBUTED WITH THE UNDERSTANDING THAT THIS SITE AND ANYONE ASSOCIATED WITH THIS SITE DISCLAIMS ANY WARRANTY AND LIABILITY CONCERNING ALL INFORMATION PROVIDED, EXPRESSED OR IMPLIED IN ANY MATERIALS OF FORMATS, PLEASE READ MORE HERE...
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