FREE code for this algo bottom of page

Stats- Opening Gapdowns Nov. 2019

Stats- Close day after MA cross-up

MA crossups (not Price crosses)

IN MA crossups video at left, near end...

To clarify: On day after an MA cross (not price cross
above MA), if a stock has a Close above its Close
on crossing day, is high probability it will have a
Close two days after crossing day which is higher
than crossing day Close. So I would look for
entry opportunity near or below crossing day Close.
Stats- MACD Crossing signal line

A lot of what I'll be posting from now on will be about statistical trading.
Yes, TA is good, algo-based rifle-shots are good... but I like stat-trading best.
Why? Because I've found that as traders, we're our own worst enemies at stock-picking!
Stat-trading short-circuits this problem!!
Soon, I plan to offer a chat-based training program on this. Please stay tuned. Send me a note for a heads-up.


input span1 = 144;
input span2 = 144;

input fib1 = 0.236;
input fib2 = 0.382;
input fib3 = 0.500;
input fib4 = 0.618;
input fib5 = 0.786;
input fib6 = 1.000;

def hod2 = highest(high,span2);
def lod2 = lowest(low,span2);
plot lodxa = lod2;

def diff1 = hod2-lod2;
def diff2 = hod2-lod2;

plot fibxa = lod2+(fib1*diff2);
plot fibxb = lod2+(fib2*diff2);
plot fibxc = lod2+(fib3*diff2);
plot fibxd = lod2+(fib4*diff2);
plot fibxe = lod2+(fib5*diff2);
plot fibxf = lod2+(fib6*diff2);



def lastbar = IsNaN(close[-1]) and !IsNaN(close);
AddChartBubble(lastbar, fibxb, "0.382", Color.white);
AddChartBubble(lastbar, fibxd, "0.618", Color.white);

Stock, options, forex, and all other kinds of trading are high risk. Never risk more than you can comfortably lose. I am not compensated in any way by guest forecasters or by companies mentioned. Please do your own due diligence before trading. Guest forecasters are asked to declare whether they have or intend to acquire a position in the covered security in the next 30 days, and whether they are compensated in any way by anyone for making their post, but I cannot verify their compliance with my request. Statements and information on this site are provided as is and for educational and entertainment value only. You are strongly advised to USE STOPLOSSES if available. Statements or information on this site should not be considered an inducement to engage in trading of any kind. Use at your own risk. Neither the owner(s) of this site nor its affiliate(s) shall be held liable for any losses or failures to profit which you may experience.
All material copyrighted, all rights reserved 2018 Dennis Hudson

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