So far, I’ve been testing day trading strategies.
Which you’d have to watch for hours per day for trading signals.
Or automate.
And after all that dang work, not one of them beat buy and hold. Ouch.
Recently, I found a strategy claiming to beat buy and hold, without any of that hassle.
They say you can run it manually and in only 10 minutes per month.
Too...
In previous articles, I’ve tested moving average crossovers and bounces.
But I didn’t test this famous (or infamous?) indicator related to them…
The MACD.
When I saw a video from TradingLab on Youtube called “BEST MACD Strategy,” I was curious to test his approach.
What’s a MACD Daddy-o?
It stands for Moving Averages Convergence Divergence. It’s meant to...
Since I tested Bollinger Bands in the last article , what’s natural to think of testing next?
Rubber bands? Rock bands?
No, you silly goose! Keltner Channels…
What’s the Difference Between Keltner Channels and Bollinger Bands?
Bollinger Bands are based on chunks (called “standard deviations”) away from an average.
Keltner Channel bands are based on...
Since trading is all about having a statistical edge (well, if you wanna make a living at it)...
How about we use an indicator with deeper insight than averages?
It’s called the Bollinger Band, and it’s what we’re testing today.
What the Heck Is a Bollinger Band?
Without getting all mathy on you (the formula is gnarly), imagine slicing up a regular bell...
If you read last week’s article, you saw results for the famous (or infamous!) moving average crossover.
It bombed vs buy and hold over the last 10 years, even when using take-profit and stop-loss levels.
So, how do moving average bounces perform with the same exit levels?
That’s what we’re testing today…
The Trading Truth Test Setup
Our setup is the same...
If you’ve ever sat up late at night watching tv, you may have seen an infomercial for software to become a day trader.
They make trading sound so simple. Buy when a green arrow appears on the chart. Sell when a red arrow pops up.
You’re snickering right now because you already know it doesn’t work.
Yet so many traders talk about moving average (MA) crossovers...
EIA Petroleum Status Reports are considered high-impact news, yet how much do they impact ES futures?
In the 30 minutes after it gets reported at 10:30am ET, here's how ES has reacted the last 5 times:
Jan 4: 14.75-point range, closing up 0.21% after 30 minutes
Dec 28: 11.5-point range, closing up 0.25% after 30 minutes
Dec 21: 12-point range, closing...
