20DMF

[Pascal]

The RT model had a whipsawing cross over yesterday.

The EOD model did not have a cross over yet.


Pascal

[DJones]

The RT model had a whipsawing cross over yesterday.
The EOD model did not have a cross over yet.
Pascal

Pascal
Sorry for the continual questions on this. I've been on vacation, and clearly it must have been a good one because I have apparently forgotten how to look at the RT page or am totally confused now that I'm back.

The RT Bot status bar says "Bought Overbought" which I now understand means this: the "Overbought" means that the protection level is the overbought level, and when the MF drops below that the model will go to "sell or short mode". To me that implies the model is long now. But as I understand it, neither the EOD GDX model or the RT GDX bot are currently long. So I don't know how to look at the status bar and determine whether the bot is long or short.

Does the status bar go with the RT bot - or is it describing current status of the EOD model?

I'd like to be sure I'm interpreting the status bar correctly - but whichever it is it appears to me to be saying long when neither RT or EOD are currently long.

Tks

[Pascal]

The model that has been back-tested is an EOD model.

However, we now have a RT signal. But, until we have all the data to do a full back-test of the RT model, we will stick with the EOD. The messages that you see on the RT model are reset at the open every day, in order to follow the status of the EOD model. The EOD model was "Bought Oversold" at the close of yesterday. Hence, the RT model looks at a possible change of this situation. The EOD model is still in its long trade, while the RT model is now in cash.



Pascal

[DJones]

The model that has been back-tested is an EOD model.
However, we now have a RT signal. But, until we have all the data to do a full back-test of the RT model, we will stick with the EOD. The messages that you see on the RT model are reset at the open every day, in order to follow the status of the EOD model. The EOD model was "Bought Oversold" at the close of yesterday. Hence, the RT model looks at a possible change of this situation. The EOD model is still in its long trade, while the RT model is now in cash.
Pascal

Thanks...I see now that something did change while I was away. Apparently now you are distinguishing on the site's GDX Robot page between two different status: "The GDX MF has been in buy mode since 7/11/2012." and "The robot is in cash."

So I'm clear...GDX MF is the EOD model, and "the robot" is the RT model?

Or does "The robot is in cash" mean that you're recommending to ignore the GDX MF for the EOD model and stay in cash, even though technically the EOD "is in buy mode."

I totally missed the change...and I've been looking each morning and stopping when I saw "the robot is in cash" to understand the EOD model was in cash and there was no new position advised.

[Pascal]

It is indeed almost that, but not quite so:

Th GDX Robot uses the EOD GDX MF model to have the direction of the trade.
It then calculates the LT/ST statistics each day and on that base decides to enter a trade or not.
The entry is at the open, but the GDX Robot uses a trailing stop.
On its long trade, the GDX Robot hit its trailing stop when the KCG trading Algo went wild about 10 days ago.

Besides the EOD model, we have now an image of the RT GDX MF system. The RT model is identical to the EOD model, but the RT model has a life on its own, because it will hit a trigger level earlier than the EOD model.

So to repeat: the GDX Robot only considers the EOD model. It would still be long today is the Knight Algo did not have sent wrong trades for 30 minutes some time ago.


Pascal