Mechanical Buy/Sell Signals
|
Based
on Oscillator and Price patterns the mechanical buy and sell signals are
generally 65% to 90% accurate in identifying cycle bottoms and tops. The
Buy/Sell Signals are generated in two steps. |
1) When the oscillator turns above or below the oscillator Buy/Sell lines,
a potential change in market momentum is indicated by a colored Setup
bar. |
2) When prices exceed the high of the Setup bar, a Buy "Trigger Entry" occurs.
When prices drop below the low of the Setup bar, a Sell "Trigger Entry"
occurs. |
|
The
Bressert Double Stochastic Oscillator Mechanical Buy/Sell Signals
When
the Double Stoc (not shown) is above the sell line the market is
often overbought, and a downturn in the oscillator can be followed
by a downside move. When it is below the buy line the market is
often oversold, and an upturn in the oscillator can be followed
by an upside move. These turning points are most often trading cycle
tops and bottoms. Such a turn will frequently indicate a daily,
weekly or intraday trading cycle top or bottom. These trading signals
average about 70% accuracy across all time frames. |
|
Because
the signals are oscillator generated, Buy Signals will be generated
in a downtrending market; sell signals in an uptrending market. These
signals should be ignored when against the trading trend.
You can simply turn the sell signals off in an uptrend; and turn the
buy signals off in a downtrend. |
The
purple sell Setup bar shows market entry with a red dot; the blue
buy Setup bar, market entry with a red dot. |
|
|
Bressert
BLine Mechanical Buy/Sell Signals
The
BLine oscillator turns more slowly than the Double Stoc, and the
BLine Buy/Sell signals tend to occur either a bar or more later
than the Double Stoc, or on the same price bar. However, the BLine
signals are more accurate, averaging 90% confirmation of cycle bottoms
and 80% confirmation of cycle tops across all time fames.
Because
the signals are oscillator generated, Buy Signals will be generated
in a downtrending market; sell signals in an uptrending market.
These signals should be ignored when against the trading trend.
You can simply turn the sell signals off in an uptrend; and turn
the buy signals off in a downtrend. |
|
The
green sell Setup bar shows market entry with a red dot, the red buy
Setup bar, market entry with a red dot. |
|
|
HAL
OB/OS Mechanical Buy/Sell Signals
OB and OS mechanical trading signals are designed
to trade when prices are in the HAL OB/OS Bands and follow the same
pattern of a setup bar and trigger entry. Accuracy of cycle identification
is about the same as the Double Stoc, but these signals will often
occur a bar earlier the Double Stoc signals resulting in lower dollar
risk.
Because
the signals are oscillator generated, Buy Signals will be generated
in a downtrending market; sell signals in an uptrending market.
These signals should be ignored when against the trading trend.
You can simply turn the sell signals off in an uptrend; and turn
the buy signals off in a downtrend. |
|
The
dark purple sell setup bar shows market entry with a dark purple dot;
the dark red buy setup bar, market entry with a dark red Setup dot. |
|
|
Trend
Buy/Sell Signals
The Trend Buy/Sell Signals only generate entry signals in the direction
of trend. This provides an initial entry signal with a very high
probability of being a successful trade, and prevents you from trading
against the trend.
The
Buy/Sell Signals are generated only in the direction of trend.
The old adage "trade with the trend; if it is up, buy the dips;
if it is down, sell the rallies" is now applicable with the Trend
Buy/Sell Signals. The trend is set by the EMA Trend Indicator --
the dips are cycle bottoms; the rallies, cycle tops.
Click here to view in-depth presentation. A new Window will open. Close it
to return to this page. |
|
|
|
Buy/Sell
Signal Plots
The new Buy/Sell Signal Plots options show multiple Buy/Sell Setups
on the same price bar to increase the odds of identifying cycle
tops and bottoms as they occur.
The
combination of Setup Bars/Dots shows you the clusters of B/S Signals
that often occur at cycle tops and bottoms. Though a simple modification,
they can make a great deal of difference in your trading as you
become aware of the multiple Trading Signals that increase the potential
for more sizable moves.
Click here to view in-depth presentation. A new Window will open. Close it
to return to this page. |
|
|
|