Category Archives for Indicators

Understanding the Relationship Between Stocks & Bonds

Intermarket Analysis is the comparison of potentially related markets. For example:S&P500 and 30 Year Treasury Bonds30 Year Treasury Bonds and GoldS&P500 and Japanese YenShanghai Composite Index and Aussie Dollar, etc.The problem with using TradeStation for any Intermarket Analysis is the dreaded “You may not mix symbols with different delays in the same window” error code. […]

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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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Testing the Sell RSI Indicator​

In the February 2019 issue of Technical Analysis of Stock & Commodities appeared an article called, “Sell Relative Strength Index” by Howard Wang. He proposed a modified RSI indicator. He calls it the Sell RSI or sRSI for short.  This indicator is attempting to quantify the strength of sell-offs vs. the size of accumulated profit. The […]

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Battle of the Oscillators…Round 2

Oscillator

In a past article, Predictive Indicators written by John Ehlers, he highlighted a unique indicator used to time market cycles. This indicator is a heavily modified Stochastic Oscillator and was demonstrated on the S&P. In this article, I want to put John’s Oscillator to the test by comparing it to another popular indicator Backtesting Environment for […]

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Down Days Trading Model

I’ve written a lot about the 2-period RSI indicator popularized by Larry Connors and Cesar Alvarez. This indicator highlights significant pullbacks which can often be buying opportunities within major market indexes like the S&P.  Pullbacks in the market are a result of the market closing down. That means, today’s close is lower than the open. […]

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Using this Indicator Makes $199K More Profit

Oscillator

In a recent article, Predictive Indicators written by John Ehlers he highlighted a unique indicator used to time market cycles. This indicator is a heavily modified Stochastic Oscillator and was demonstrated on the S&P. In this article, I want to put John’s Oscillator to the test by comparing it to another popular indicator used for timing to stock […]

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Predictive Indicators

INTRODUCTIONTechnical traders understand that indicators need to smooth market data to be useful, and that smoothing introduces lag as an unwanted side effect. We also know that the market is fractal; a daily interval chart looks just like a weekly, monthly, or intraday chart. What may not be quite as obvious is that as the […]

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Testing Laguerre RSI Entry and Exits

In a previous article I took a look at an indicator called the Laguerre RSI. The Laguerre RSI (LRSI) was authored by John Ehlers. You can read about the Laguerre filter in his article, “Time Warp – Without Space Travel“. Within the previous article I was comparing the LRSI to the standard RSI. I did this by […]

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The Laguerre RSI vs Classic RSI

John Ehlers is a name you’ll run across when you start your journey into testing various indicators and filters to be used in your trading models. I remember reading about the Laguerre Filter and Laguerre RSI many years ago when they first appeared on the scene. At the time I was not nearly into quantitative […]

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Equity Curve Indicators

This free EasyLanguage download includes two indicators. First is the Open Equity Curve indicator and next, the Daily Equity Curve indicator. These indicators display a strategies open P&L or total daily P&L. Both indicators will work with any strategy.

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