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All posts by Jeff Swanson

Rapid Price Pattern Testing

Have you ever wondered what the market does after three down closes in a row? How about what happens after a pivot low is formed and the RSI is below 30? What happens after two inside bars and a breakout to the downside? Searching these types of patterns is one way to locate edges in […]

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Why Trading The Wrong Timeframe is Killing Your Trading Account

What timeframe should you trade?Here is a big hint: the smaller the timeframe, the more difficult it is to develop a successful system. In other words, developing a system to trade on a 5-minute chart is more difficult than developing a system that trades on a daily bar.There is a lot more noise on the […]

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How To Build Profitable Trading Systems

Building a profitable trading system is very difficult. I’m not going to sugarcoat it. It’s a challenging project where most of your ideas will not work. To make matters worse, you’re bombarded with misleading advertising, confusing claims, and wrong information. Learning a computer language to build a system is excellent, but that’s NOT enough to […]

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Why You Need To Trade Live NOW!

I’m often asked, how will I know when a trading system is ready to go live? After much testing and verification the performance report may look great. Then several months of simulated trading looks good too. However, I often hear, “But I still don’t think that it’s ready”. UncertaintyThis feeling is something all traders feel. I […]

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Top 4 Myths of System Trading

So you want to become a successful system trader. That’s great! Back in 2006, I had a great idea. I was going to become a day trader and make a bunch of money. So, I did something brilliant. I borrowed $20,000 on credit cards (cash advance) to fund my new endeavor.Making a bunch of money […]

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Does The Predictive Voss Indicator Work?

The August 2019 issue of Technical Analysis of Stocks & Commodities magazine John Ehlers proposed an interesting looking indicator. This indicator is a cycle indicator that John called a Voss filter. The name of the article is “A Peek Into The Future.” Of course, this indicator is not magic. We’re not looking into the future […]

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Can A Price Pattern Beat an Indicator?

I’ve seen people use simple price action patterns in place of inicators. For example,  Larry Connors and Cesar Alvarez really popularized the 2-period RSI. It works really well when createing mean-reversion strategies on the stock index markets. However, can you find a simple price pattern that will work just as well?Here is an idea, losing […]

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Testing For Correct Time Window in EasyLanguage

In issue #1 of the 2019 Future Truth Magazine, George Pruitt proves a solution for the problem of 0:00 time in EasyLanguage. What problem is that?Let’s take a look at George’s example. He proposes tracking the highest high and lowest low in the overnight session on an intraday bar chart. Let’s say we want to […]

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Sell In May Seasonality Study

With November upon us lets review out Market Seasonality Study.Back in May 2,  2019, we closed our seasonality trade in anticipation for a traditionally weak period of the stock index markets. That is the months of November-April. So what did the market do during those months?Below is a graph of the market with a “buy” […]

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Gap Strategy Tool, Part 2

In a previous article, Gap Strategy Tool, I demonstrated how you can use EasyLanguage to create a simple strategy that analyzes the percentage of times a gap closes. We broke  gaps sizes up into “Groups” based upon their size. We then dtermined what was the probability of a gap clsoing based upon which group it […]

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