StockFetcher Forums · Filter Exchange · TRO's BLACK BELT TRADING | << 1 2 >>Post Follow-up |

ddavid 10 posts msg #69065 - Ignore ddavid modified |
11/6/2008 5:33:39 PM I'm very new, so I know this is not a fresh topic right now, but I am very interested in trying to understand the Black Belt Trading Method. If the long column value is greater than the short column value then its a good long trade? and vice-versa means to short it? And the higher the blackbelt number, the better the trade? is this correct or am I totally off? Also, it says this is a preliminary filter... is there another version that you have come up with since then? Thank you so much for your help! |

TheRumpledOne 6,359 posts msg #69067 - Ignore TheRumpledOne modified |
11/6/2008 6:03:30 PM The rules for BLACK BELT are in the first post. Don't focus on the filter. Focus on applying the rules. |

ddavid 10 posts msg #69080 - Ignore ddavid |
11/7/2008 9:56:12 AM Is this a method I can do after the market closes to pick good trades to put on for the following day? Or it is meant to be applied throughout the day? I am hoping to come up with a list of maybe 4-6 trades (some shorts and some longs) each evening that I can put on the next morning with automatic upper and lower selling points. I am new, so any help would be greatly appreciated! |

TheRumpledOne 6,359 posts msg #69082 - Ignore TheRumpledOne |
11/7/2008 10:01:53 AM It is meant to be used when the market is closed. However, you may use it when the market is open. |

ddavid 10 posts msg #69094 - Ignore ddavid |
11/7/2008 3:51:58 PM I have been trying to look at the charts throughout today with your methods... and it seems very promising... but whenever the RSI(2) is low enough and near the bottom bollinger band and beneath the linear regression, the EMA(13) seems to be below the EMA(26)... so I shouldn't buy those just because the EMA(13) is below the EMA(26)? Also, can you recommend a website that is good for plotting intra-day charts and uses real time data that is free? Thanks for all the help TRO!!! |

TheRumpledOne 6,359 posts msg #72160 - Ignore TheRumpledOne modified |
3/6/2009 12:48:33 PM BLACK BELT TRADING TECHNIQUE Use a 3 month/Daily www.prophet.net (or similiar) chart 1) RSI(2) If RSI(2) < 1, look for a long entry signal If RSI(2) > 99, look for a short entry signal 2) DIVERGENCE If a lower price is making a higher RSI(2) value that is POSITIVE DIVERGENCE... get ready to load the boat! If a higher price is making a lower RSI(2) value that is NEGATIVE DIVERGENCE... get ready to get your shorts on! 3) EMA(13) vs. EMA(26) If the EMA(13) is ABOVE the EMA(26) then the trend is up, stay long. If the EMA(13) is BELOW the EMA(26) then the trend is down, stay short. 4) EMA(5) If the CLOSE closes ABOVE the EMA(5) AND the EMA(5) is rising then it is safe to enter the trade long. If the CLOSE closes BELOW the EMA(5) AND the EMA(5) is falling then it is safe to enter the trade short. 5) LINEAR REGRESSION If the LINEAR REGRESSION line is RISING then the trend is UP. If the LINEAR REGRESSION line is FALLING then the trend is DOWN. If the price touches or breaks through the LOWER LINEAR REGRESSION line AND the trend is up, go LONG. If the price touches or breaks through the UPPER LINEAR REGRESSION line AND the trend is down, go SHORT. 6) BOLLINGER BANDS If the price is ABOVE the UPPER BOLLINGER BAND and the candle is red, do not enter long. If the price is BELOW the LOWER BOLLINGER BAND and the candle is green, do not enter short. If there are conflicting signals, do nothing. |

TheRumpledOne 6,359 posts msg #102273 - Ignore TheRumpledOne modified |
8/15/2011 11:03:48 AM BLACK BELT TRADING TECHNIQUE Use a 3 month/Daily www.prophet.net (or similiar) chart 1) RSI(2) If RSI(2) < 1, look for a long entry signal If RSI(2) > 99, look for a short entry signal 2) DIVERGENCE If a lower price is making a higher RSI(2) value that is POSITIVE DIVERGENCE... get ready to load the boat! If a higher price is making a lower RSI(2) value that is NEGATIVE DIVERGENCE... get ready to get your shorts on! 3) EMA(13) vs. EMA(26) If the EMA(13) is ABOVE the EMA(26) then the trend is up, stay long. If the EMA(13) is BELOW the EMA(26) then the trend is down, stay short. 4) EMA(5) If the CLOSE closes ABOVE the EMA(5) AND the EMA(5) is rising then it is safe to enter the trade long. If the CLOSE closes BELOW the EMA(5) AND the EMA(5) is falling then it is safe to enter the trade short. 5) LINEAR REGRESSION If the LINEAR REGRESSION line is RISING then the trend is UP. If the LINEAR REGRESSION line is FALLING then the trend is DOWN. If the price touches or breaks through the LOWER LINEAR REGRESSION line AND the trend is up, go LONG. If the price touches or breaks through the UPPER LINEAR REGRESSION line AND the trend is down, go SHORT. 6) BOLLINGER BANDS If the price is ABOVE the UPPER BOLLINGER BAND and the candle is red, do not enter long. If the price is BELOW the LOWER BOLLINGER BAND and the candle is green, do not enter short. If there are conflicting signals, do nothing. Oldie but goodie. |

starfox182 24 posts msg #102898 - Ignore starfox182 |
10/11/2011 6:12:42 AM In reference to the filter above: pd2345 cxe5 trend cxc_ volcnt vdbl volz I get the rest not listed here. Can't figure out what these are, hopefully someone can help. Perhaphs some are frequency counts but of what assuming they are? |

TheRumpledOne 6,359 posts msg #102905 - Ignore TheRumpledOne modified |
10/12/2011 10:02:22 AM pd2345 - positive divergence 2, 3, 4, 5 days ago ( 1 = yes, 0 = no ) cxe5 - days since close crossed above (+) or below (-) the ema(5) trend - based on slope of linear regression line for 10, 60 and 200 days. 1 if sloping up, 0 if sloping down cxc_ days close above (+) or below (-) the previous close volcnt - days volume above (+) or below (-) the previous volume vdbl - 1 if volume at least doubled compared to previous day's volume volz - days with volume = 0 |

starfox182 24 posts msg #102929 - Ignore starfox182 |
10/13/2011 5:55:28 PM Thanks so much! :) I would never have gotten those! |

StockFetcher Forums · Filter Exchange · TRO's BLACK BELT TRADING | << 1 2 >>Post Follow-up |

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