While using the VSTpro to perform tests on ASX stocks the indicator in use at the time was applied to a chart of the ASX (XJO), and charts 1 & 2 display the results.
The charts display good robust numbers, and curiosity lead to adding an extra option to the indicator.
The original indicator referenced S&P500 or Chart data. The indicator has now been modified to include ASX (XJO) data.
Early testing results using the ASX (XJO) data reference indicate a reduction in Risk when applied to ASX stocks.
The FREE VST and VSTpro have open code that can be modified by the user.
NOTE:Comment regarding charts 1 & 2 from Jose Silva of metastocktools.com
"One observation: the two ASX200 charts' amazing profit smoothness are mostly due
to using the Open of the next day (2hrs after US markets close). However, the
Open of the ASX indices is basically the previous day's close (i.e. not
available for trading), so there is a large element of hindsight involved there."
Click on image to enlarge.
Click on image to enlarge.
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