Here’s our latest prototype for the new Alphahorn Swing System. It’ an amalgamation of my favorite indicators. The candle colors are generated by my indicators. Green both indicators are bullish, yellow 1 is, and red both indicators are bearish. Green candles are not necessarily up days, nor or red down days. Down days have their candles outlined in black. A third indicator is the shading behind the candles, shading is bearish, no shading bullish, and the bands/channel is a fourth indicator, as are the red/green lines. We’ve developed a specific set of trading rules that have generated quite nice results going back to 2008. The trades that would have been made since late July (the visible portion of the chart in the screen capture) are shown on the chart. Long entries are designated by green arrows (in most instances this is also the short exit), short entries (and long exits) are designated by red arrows. The blue horizontal lines represent stops, which the new version of the System will incorporate.
I don’t foresee covering as many indexes if I go to this system. So I’d like to hear everyone’s 4 favorite indexes. My thoughts now are SPX, FINANCE, Nasdaq and Gold. Thoughts? comments welcomed.