Lower Study Based on this:
If the price of $IWM $SPY or $QQQ is BELOW 50dma, I want to limit my exposure to a maximum due to an elevated risk of rollover.
So Labels:
If the price of $IWM $SPY or $QQQ is ABOVE 50dma, I want to begin increasing my exposure and be more aggressive as conditions improve.
So Labels:
I think something like this would benefit the community and myself of course. I saw someone on Twitter post these rules and found them interesting considering the market we are currently in.
If the price of $IWM $SPY or $QQQ is BELOW 50dma, I want to limit my exposure to a maximum due to an elevated risk of rollover.
So Labels:
- Price < 50sma & Price < 5sma = 0% exposure max OR Short
- Price < 50sma & Price > 5sma = 20% exposure
- Price < 50sma & Price > 21sma = 40% exposure
If the price of $IWM $SPY or $QQQ is ABOVE 50dma, I want to begin increasing my exposure and be more aggressive as conditions improve.
So Labels:
- Price > 50sma = 60% exposure max
- Price > 50sma & Price > 21sma = 80%
- Price > 50sma & Price > 21sma & Price > 10sma = 100%
I think something like this would benefit the community and myself of course. I saw someone on Twitter post these rules and found them interesting considering the market we are currently in.
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