Supertrend Back Testing Results

I found this very encouraging result for a rookie like me...

- more losing trades than winning trades

- profit doubles anyway

- so just stick with one strategy long term

https://youtu.be/AIZIHt45u2w





Comments

Post a Comment

Popular posts from this blog

AXP is not ready for the buy - Make $15K/mth from Stocks Challenge #220302

What stocks to buy?    Buy DJIA and S&P500 stocks.  undervalued PEG less than 1.5,  uptrend above 200MA, when going down and about to bounce...   https://finviz.com/screener.ashx?v=111&f=fa_peg_u2,idx_sp500,ta_perf_1wdown,ta_sma20_pb,ta_sma200_pa&ft=4 Double confirm for UNDERvaluation here...  https://simplywall.st/dashboard Buy if undervalued more than 30%. Experiment - Scroll through yahoo stock chart  from 1 day to 15 min interval to forecast supertrend signal.   👉 AXP. 26.9% undervalued. Supertrend is not ready.  Which stock to sell? ...or stop loss. Check for OVERvaluation here...  https://simplywall.st/dashboard Sell when overvalued. 👉 Nothing currently to Sell.  Until tomorrow.  May the markets be with you! ~ The Rookie Trader  PS: I would like to thank the following...  For the charts...  https://finance.yahoo.com/ For all in one...  https://j.moomoo.com/00gxKc For the sc...
Read more

Supertrend Trading Strategy - $15K/m Stock Trading #220404

Image
  A Supertrend Trading Strategy You Can Test https://www.netpicks.com/supertrend-indicator/ This intraday trading strategy will use two Supertrend indicators: Short term parameters of 10, 3 Longer-term parameters of 30,9 The rules for the Supertrend trading strategy are simple: Trade in the direction of the longer-term trend.  This example is an uptrend and traders will ignore all short trades (turns red) Enter long  trades when the short term indicator  flips back to longs (turns green).  Entry can be at the next candle open, break of highs, enter at the close. Trail the stop loss on the short term Supertrend line once price advances We take our stops because we don’t know if the price is about to flip to shorts and we don’t want to give back too many profits. https://youtu.be/6fG_TP269W8 What stocks to buy today?    Buy DJIA and S&P500 stocks.  undervalued PEG less than 1.5,  uptrend above 200MA, when going down and about to bounce...
Read more

Buy SU at $18.60?

Image
 Should I buy SU at $18.60? Why? 3 reasons... - Supertrend buy signal appeared 3 days ago. - Pivot Point resistance at $18.53 may be the support may.  - Price is above all the MA which just crossed each other.  One more reason... - A strong buy analysis... Cut loss if it falls below $17.21. Target profit sells price at $20.69. ~ the rookie trader PS: Done... Bought it for $18.60. PPS: Most stocks went down, including all that I am holding... EXCEPT... 3 items in my buy list are making big moves. AVGR 32% ZOM 14% SWI 6% Why did I not buy them? - queued at a pivot point support price which it didn't touch. - NOT ENOUGH CAPITAL TO QUEUE for more.  - Doubtful they will go up some more.  What can be done better? Get for capital. PPPS: - Chased TNXP for 3 days. - Can't catch the pivot point support. Coz it kept rising.  - Probably will buy at the current price. 
Read more