Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script (https://in.tradingview.com/script/g57JZF...). This system works on Daily bars and so entries or exits are at the next market open after getting signal. Key performance metrics generated from TV Backtester are published below (2007 to 2017).
Actual Signal came some days ago but the price is lower than the entry price now and there could be some upside from here. Enter with 1/10th of your trading capital and be ready to add more when I signal so in this page. Exit all when I signal so in this page. Happy Trading !!!
This looks interesting.
Is this a long only signal system?; and
Is that profit result across all markets or oil only? and
The signals above are basis a continuous price. How do you apply them against a live market? eg Current oil futures is CLM or CL1! but these prices are different; and
The exit rule - is it always Mkt on Open?
Thank you, sir, for your prompt and frank reply. Good answers generally indicate a good system.
Does the system only consider the bar close? ie it does not consider the bar open or high/low?
It seems to have ignored or missed a nice long out of w/e Mar 27, but picks up a long on a swing trade down bar.
Is this system using a variant of ATR? Does your proprietary indicator accept variables or is it more rigid.
I do not mean to pry ... I am just curious, but if my questions are too pertinent, them I apologise and please ignore them. Your results speak for themselves, but I would love to understand a bit more about it.
Thank you, sir
Again, thank you sir. You are extremely generous with your system insight, and I appreciate that.
I am long June "M" oil - review my posts, if you have interest, and I like this current price area.
I will follow you if you don't mind and please issue an alert if your system says Sell Oil ... lol