Weekly chart (TLS)
Most weeks the blog will have a post called “Weekly Chart”.
The charts will be selected from the Australian ASX20 with the first chart being AMP.
Charts mostly have VSTPro templates applied with comments added.
Charts are selected in alphabetical order and for educational purposes only.
These are not recommendations to trade.
Note……………
Reading the results in the data window and comparing them to other charts can be
very useful.
Click on the link at the top of this post to view a slide show.
Pullback trading using the VSTpro Part 6
http://www.spdrs.com.au/etf/fund/index_detail_STW.html
(STW) follows the ASX 200 index, and as at 19/11/2010 the share price is almost identical to 12 months ago.
The charts below display results for Pullback and Buy/hold trading.
Pullback trading using the VSTpro Part 5
Following a Sector is unnecessary as when sorting the results by the P/R ratio
the stocks in the top performing Sectors are top of the list.
The two tables below display the stocks with the highest P/R ratio.
NOTE: The Median results refer only to the stocks within the displayed list.
Click to enlarge images.
Weekly chart (SUN)
Most weeks the blog will have a post called “Weekly Chart”.
The charts will be selected from the Australian ASX20 with the first chart being AMP.
Charts mostly have VSTPro templates applied with comments added.
Charts are selected in alphabetical order and for educational purposes only.
These are not recommendations to trade.
Note……………
Reading the results in the data window and comparing them to other charts can be
very useful.
Click on the link at the top of this post to view a slide show.
Pullback trading using the VSTpro Part 4b
Below are the parameters used by the VSTpro long exploration of the ASX 300 and ASX 300 Material Sector stocks.
The only change made to these parametrs during the tests was to switch the Market Trend Filter [ON] or [OFF].
All the parameters in the 4 indicators are adjustable.
VSTpro X Long (bands) MTF Type: [1] [1] Sharp Band Spread: [3.5] [3.5] atr (6.3%) | VSTpro X Long SmartStop Stop Status: [1] [0] Enabled |
VSTpro X Long Profit Trade Leverage: [1.0] [1] | VSTpro X Long Risk Max Risk Target: [30.0] [30] % |
ASX 300 Median stats.
Pullback trading using the VSTpro Part 4a
Click on image to enlarge.
Pullback trading using the VSTpro Part 4b will show the following results in table format...... "Median Exploration Report Values" only, (no individual stock values).
ASX 300 and ASX 300 Material stocks
Daily "Market Trend Filter" [ON]
Daily "Market Trend Filter" [OFF]
Weekly "Market Trend Filter" [ON]
Weekly "Market Trend Filter" [OFF]
Pullback trading using the VSTpro Part 3
The Exploration template is used to set all the parameters and remains open during testing.
After testing the Explorer results can be placed into a Excel worksheet for further analysis.
The stats. exploration puts out 12 columns of data.
The next post will show the test results for the ASX300, and the Materials Sector stocks within the index.
Weekly chart (RIO)
Most weeks the blog will have a post called “Weekly Chart”.
The charts will be selected from the Australian ASX20 with the first chart being AMP.
Charts mostly have VSTPro templates applied with comments added.
Charts are selected in alphabetical order and for educational purposes only.
These are not recommendations to trade.
Note……………
Reading the results in the data window and comparing them to other charts can be
very useful.
Click on the link at the top of this post to view a slide show.
Golden Cross VSTpro template.
Traders find the Golden Cross useful as a market filter.
Further info can be found by a Google search "Golden Cross trading".
In chart above the SMA 50/200 are referencing a different data set.
In the chart above the SMA 50/200 are constructed by referencing the displayed chart data .
The two types of moving averages produce very different results when applied to the same chart. The VSTpro displays a visual picture of the results plus all the statistics.
Pullback trading using the VSTpro Part 2
The data tested will be both the ASX300, and the top performing sector within the index.
To establish the sector performance the URSC toolkit v3.0 was used to create the chart above.
The chart shows the Materials sector (XMJ) performing best.
The XMJ has about 77 stocks in the ASX300 making up approximately 25% of the index.
To find the best performing sectors internet sites similar to this may help…….
Pullback trading using the VSTpro Part 1
This post is the first in a series looking at Pullback trading using the VSTpro.
After testing many systems and indicators, the VSTpro results showed most performed poorly, and required discretionary intervention to save the trade.
Indicators and systems can fool the user into believing good profits can be had, but in reality the signal you see on the chart today may disappear as the chart goes forward.
This type of indicator is known as “forward referencing”. An example of this is shown on the Equis forum. Note the post by “henry1224” and the results in the commentary windows of his two charts.
Equis forum link http://forum.equis.com/forums/thread/34063.aspx
The data tested will be the ASX300 and the best performing sector.
Entry signals will be generated by the VST indicator bands (close cross below MidLine). Exit signals will result from the SmartStop being triggered.
Different “Transaction” costs (brokerage) will be tested, and the results could surprise.