Systematic Trading Strategies and Next Level Trading Setups
This report/video covers eight trend-following indicators: BBands, Keltner Channels, Donchian Channels, StochClose, %Difference betw SMAs, ROC of SMA, CCI-Close and eSlope. We show how to reduce whipsaws with smoothing and signal thresholds. Each indicator is explained with chart examples. These samples include good trades and bad trades because whipsaws are guaranteed.
Today’s report will put the Zweig Breadth Thrust indicators for the various indexes to the test. My default breadth index is the S&P 1500 because it covers all bases and represents a broad swath of the US stock market. We can also generate ZBT signals using
Today’s report features the Zweig Breadth Thrust, which was developed by the late, and great, Marty Zweig. We will show how it works and look at some recent signals. Despite a long history, the indicator is missing something and we will propose a modern day alternative.
The S&P 500 is battling the 200-day SMA with four crosses over the last eleven days. We are also seeing a rise in volatility as this market benchmark plunged 5.86% in nine days (18-27 October) and then surged 5.85% the last five days. With such conditions, it is a good time to step back and look for ways to filter the noise.
