StockFetcher Forums · General Discussion · Any weekly chart trader's here?<< 1 2 >>Post Follow-up
Mactheriverrat
2,639 posts
msg #155870
Ignore Mactheriverrat
2/19/2021 2:14:20 PM

Any weekly chart trader's here?

Mactheriverrat
2,639 posts
msg #155883
Ignore Mactheriverrat
2/20/2021 4:08:08 PM

I'm using weekly ma(3) on the weekly charts. Its what 12stocks.com use on their weekly's

Upper left hand corner where is says trends . Type in your stock ticker. Like EBON

lhd494
6 posts
msg #155886
Ignore lhd494
2/20/2021 8:32:02 PM

RVI & RVI(2,2) line drawn at 50 when it drops below 50 line.


ron22
239 posts
msg #155887
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2/20/2021 10:35:31 PM

Hi Mac, Do you find the 12stocks.com articles, charts and/or forums helpful? Thanks Ron

Cheese
1,082 posts
msg #155888
Ignore Cheese
2/20/2021 11:24:12 PM

John(Mac)

Lots of good info.
THANK YOU also for the weekly MA(3) tip !


What do you think about their Overall Trend Score ?
Have you found it useful ?
Is Overall Trend Score comparable between stocks ?


nibor100
744 posts
msg #155890
Ignore nibor100
2/21/2021 12:49:29 AM

I've seen favorable backtests and forwards tests of a Weekly 2 ema / Weekly 5 ema crossover strategy on TQQQ that is as simple as it gets.

Works pretty good as long as you have trailing stops in place as triples can move down quickly....

Ed S.

Cheese
1,082 posts
msg #155892
Ignore Cheese
2/21/2021 1:15:02 AM

https://www.stockfetcher.com/forums/General-Discussion/Any-weekly-chart-trader-s-here/155870

nibor100 2/21/2021 12:49:29 AM

I've seen favorable backtests and forwards tests of a Weekly 2 ema / Weekly 5 ema crossover strategy on TQQQ that is as simple as it gets.

Works pretty good as long as you have trailing stops in place as triples can move down quickly....

Ed S.
================================================================================

Wow. It's that simple.
Weekly EMA(2) x Weekly EMA(2) for TQQQ with trailing stops
THANK YOU VERY MUCH , Ed S !


Mactheriverrat
2,639 posts
msg #155894
Ignore Mactheriverrat
modified
2/21/2021 2:52:11 AM

@ron22 Yes I think there helpful is keeping up with the trend . Like the past week on SPY,IMW,QQQ the daily's have shown weakness while the weekly's or mid-term still show good. The monthly I really don't thinks has much info as the real trends are the weekly moving off the daily. Yes the daily could turn the weekly if weakness continues. Just look at the TQQQ vs the SQQQ which is widely played by traders. When one's up the other's down.

@Chesse Yes the over all trend score of 100 means a stock is hitting on all cylinder's

@ED Great post on the Weekly 2 ema / Weekly 5 ema crossover strategy.

I'm in EBON and NR right now. I got interested in weekly's again some week's ago after a advertisement kept popping up on my Facebook account about using weekly's to make some good grains. He used a different method the weekly ema(10) rather the Stan Weinstein Method approach (weekly 30 ma) which I thought way to lagging. I was searching google and came across the 12stocks.com link again as I've been there before. Now yes I still think the Guppy MMA's are still strong in there own way but I want to simple it down to the best and easy charting I can come up with.

To me price action and volume are the only thing that every trader sitting behind any computer screen see's every day. So far weekly's have been good while watching for weekness but a pullback market like we seen last always put pressure on all stocks more less.


I got in on EBON on the 2nd week 2-12-21 with a small position off a weekly ma(3) above weekly ma(3) filter I already made and that about the time I came across the 12stocks.com site and it's free rating. I'm not crazy about their paid for stuff. Too expensive for my taste.

Screen-Shot-2021-02-20-at-3-00-17-PM

P.S. Yea I know its Robinhood but really does it matter who you use but it works for me and I don't pay for some fancy bell's and whistle's



Mactheriverrat
2,639 posts
msg #155896
Ignore Mactheriverrat
2/21/2021 3:15:51 AM

Here's 12stocks the week 2 I got in on EBON.
12-Stocks-com-EBON-1

Here's week 3 of up trend.

original-291226123


ron22
239 posts
msg #155900
Ignore ron22
2/21/2021 10:54:29 AM

@John(Mac) Thank you for your input on the 12stocks.com link. I agree that the daily and weekly trends are more useful than the monthly trends.

@ED What trailing stop do you recommend for the Weekly 2ema/ Weekly 5ema crossover strategy? Thank you for posting this strategy.

StockFetcher Forums · General Discussion · Any weekly chart trader's here?<< 1 2 >>Post Follow-up

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