Jakebernstein
8OC and the S&P seasonal tradeI am working on indicators for Jake Bernstein. The 8OC is a simple and powerful indicator for viewing trends and also serves as the timing trigger for Jake's seasonal trades. 8OC gave us an early warning on the recent stock market decline. We triggered on the September S&P short trade this year and reached our first profit target easily. I am now waiting patiently for the next big seasonal trade in stock index futures. (Hint: it is a long trade)
ABEV has reached Profit Target 1 on a Jake Bernstein MAC CMC traI have modified two existing scripts to plot the Jake Bernstein MAC method with the Williams AD on a single chart. ABEV had two bars below the bottom channel. This is a CMC swing trade. It has reached profit target 1 (bottom of the channel). Profit target 2 is the top of the channel.
Fiore is profitable and is a 2 bar CMC MAC Swing TradeI have modified two scripts to show the Jake Bernstein Moving Average Channel (MAC) along with the Williams A/D on the same chart. Fiore Gold (symbol F on TSX) is a profitable gold company with Nevada mines. It is a 2 bar CMC MAC swing trade right now. Profit target 1 is the bottom of the channel and profit target 2 is the top of the channel.
MAC Daily CMC trade on GBTCI have modified two scripts to show the Jake Bernstein Moving Average Channel (MAC) along with the Williams A/D on the same chart. The MAC method works well for Bitcoin too and GBTC was a 2 bar CMC MAC swing trade and it looks like it is working torwards the top of the channel.
APHA (TSX) is a daily MAC swing buyI have modified two scripts to show the Jake Bernstein Moving Average Channel (MAC) along with the Williams A/D on the same chart. APHA (TSX) is a MAC buy at the bottom of the channel (C$15.28). The first profit target would be the top of the channel (C$15.95). Also trades on the NYSE under the same symbol, APHA. They are merging with Tilray, so APHA is a good choice if you are looking for a cannabis stock.
MAG Silver Jake Bernstein MAC Weekly buy signalI have modified two scripts to show the Jake Bernstein Moving Average Channel (MAC) along with the Williams A/D on the same chart. MAG Silver had a bullish trend on daily and weekly MAC. MAG Silver a an excellent way to bet on a rebound in silver - they have a world class mine in Mexico. Weekly MAC buy at the bottom of the channel $17.70 (sell at top of the channel $19.04). Also trades on the Toronto Stock Exchange under the same symbol, MAG.
SALT is an evolving renewable energy playI have modified two scripts to show the Jake Bernstein Moving Average Channel (MAC) along with the Williams A/D on the same chart. SALT is a MAC swing buy right now (buy at bottom of the channel, sell at the top of the channel). SALT is buying a ship which will install wind turbines. It is transitioning from a dry bulk goods shipper.
Taseko Mines has triggered a Jake Bernstein MAC swing buyI modified two scripts so I could plot the Jake Bernstein MAC with the Williams A/D on the same plot. Copper is hot and Taseko Mines has been a cheap way for me to profit from the bullish copper market. The monthly MAC is also bullish so this makes it a higher probability trade.
Jake Bernstein Moving Average Channel and Williams A/D I have modified two scripts to show the Jake Bernstein Moving Average Channel (MAC) along with the Williams A/D on the same chart. PBR is turning bearish. The Williams A/D is below moving below its 57 day SMA with two bars completely below the channel. The 3 day SMA of the lows is used as the trailing stop.
Trade Happens Once every 10 Years - 100% Track Record Since 1900Trade Happens Once every 10 Years. 100% Track Record Since 1900.
Provided By Jake & Elliott Bernstein @ 2Chimps.net
Good Trade To Put In Your Journal...
See Chart Description for Specif Rules and Downloadable PDF written by Jake
Green Line = January in a year that ends in 5
Blue Line = December in a year that ends in 5
Rule - Monthly Chart. (See PDF for Details)
If We Get a Monthly Close Above January High Enter Long
Close Trade last day of the year.
Potential Symbols: DIA, SPY, Or Leveraged Versions...
No Losing years going back to 1900!
Only time trade did not work is 2005 and there was NO ENTRY Trigger.
Link to PDF:
dl.dropboxusercontent.com
Seasonal Trade With 84.8% Win Rate Over 28 Year Period.Seasonal Trade With 84.8% Win Rate Over 28 Year Period. Provided By Jake & Elliott Bernstein @ 2Chimps.net
Jake Bernstein will be a contributor on TradingView when Back Testing/Strategies are released. Jake is one of the Top Trading System Developers in the world with 45+ years experience and he is going to teach how to create Trading Systems and how to Optimize the correct way. Jake is also one of the first known traders to test the Statistical Validity of Seasonal Based Trades, Jake has one of the largest Databases know of Statistically Valid Seasonal Trades across Stock, Futures, and Forex Markets.
This is an Example of a Seasonal Trades Package that Jake will be releasing on TradingView.com
2 Stochastic POP Trading Systems From Jake BernsteinTwo Systems Revealed Directly From The Creator - Let's Talk Trading Systems.
I spoke to Jake Bernstein and asked if he had any updates to his Stochastic POP Trading Method. At the bottom of the page is a PDF Jake published a while back (Please read for basic rules, which also Includes a New Method). I’m Labeling the Original method Stochastic Pop Method 1, and the other method Jake discusses in the PDF as Method 2.
Jake Bernstein will be a contributor on TradingView when Back Testing/Strategies are released. Jake is one of the Top Trading System Developers in the world with 45+ years experience and he is going to teach TradingView.com’s community how to create Trading Systems and how to Optimize the correct way.
Jake asked me to share that he has Updated Stochastic POP Method 1 Recently. Now across all symbols he has found the Stochastic Values of 60 and 30 to be the most profitable. NOTE - This can be Significantly Optimized for certain Symbols/Markets.
Below I will List Backtesting Results for both Method 1 and 2. A Daily Chart of the EURUSD is used only as an example.
The point is to simply show soon we will be able to:
Find These Results Ourselves on TradingView.com when Strategy/Back Testing capabilities are released.
To Show How Simple Optimizations can Significantly Change the Results of a Trading System.
BackTesting Results Example: EUR-USD Daily Chart Since 01/01/2005
Strategy 1 Stochastic POP Method 1:
Go Long When Stochastic Crosses Above 60. Go Short When Stochastic Crosses Below 30. Exit Long/Short When Stochastic has a Reverse Cross of Entry Value.
Results:
Total Trades = 164
Profit = 50, 126 Pips
Win% = 38.4%
Profit Factor = 1.35
Avg Trade = 306 Pips Profit
Strategy 2 Stochastic POP Method 1:
Rules - Proprietary Optimization Jake Will Teach. Only Added 1 Additional Exit Rule.
Results:
Total Trades = 164
Profit = 62, 876 Pips!!!
Win% = 38.4%
Profit Factor = 1.44
Avg Trade = 383 Pips Profit
Strategy 3 Stochastic POP Method 1:
Rules - Proprietary Optimization Jake Will Teach. Only added 1 Additional Exit Rule.
Results:
Winning Percent Increases to 72.6%!!!, Same Amount of Trades.
Two Important Items to understand about Stochastic POP Method 2.
To code the rules precisely we need a function that will be available when Strategy Capabilities are released on TradingView.
There is one of Jakes Profit Maximizing Strategies that needs to be integrated with this code…which again we need the Strategy based Function that will be coming soon.
Strategy 1 – Stochastic Pop Method 2 System:
Go Long When Stochastics below 50 and Crosses Above 55. Go Short When Stochastic is above 50 and Crosses Below 45. Exit Long/Short When Stochastic has a Reverse Cross of Entry Value.
Results:
Total Trades = 151
Profit = 40,758 Pips
Win% = 37.1%
Profit Factor = 1.26
Avg Trade = 270 Pips Profit
Strategy 2– Stochastic Pop Method 2 System:
Rules - Proprietary Optimization Jake Will Teach. Only Added 1 Additional Exit Rule.
Results:
Total Trades = 151
Profit = 60,305 Pips
Win% = 37.1%
Profit Factor = 1.38
Avg Trade = 399 Pips Profit
Similar to Strategy 3 listed above in Method 1 we can turn this system in to a 75% win rate but the profits decrease significantly.
Multiple Key Metrics Jake uses when evaluating a Trading System were not included. These will be introduced by Jake.
I was going to list several observations as to why the two systems have a different amount of trades during the same period, and why Method 1 was more profitable…But I’d like to see what you guys think first…
Leave a Comment Below With Your Thoughts…I have a Feeling This Thread Will Introduce Some Important Topics.
Link To PDF:
dl.dropboxusercontent.com
Seasonal Trade With 81.8% Win Rate Over 44 Year Period.Seasonal Trade With 81.8% Win Rate Over 44 Year Period.
Provided By Jake & Elliott Bernstein www.2Chimps.net
On Wednesday Jake will share a Seasonal Trade with a 84.8% Win Rate.
Jake Bernstein will be a contributor on TradingView when Bactesting/Strategies are released. Jake is one of the Top Trading System Developers in the world with 45+ years experience and he is going to teach how to create Trading Systems and how to Optimize the correct way.
This is an Example of a Seasonal Trades Package that Jake will be releasing on TradingView.com
Symbol: MO
Dates:
Buy on Close 4/13/2015
Sell On Close 4/30/2015
Stop = 12%
Statistics:
P/L Ratio = 5.5
# Years = 44
Wins = 36
Losses = 8
% Wins 81.8
% Avg Profit = 13.37%
% Avg Loss = 11.65