- Joined
- 2 April 2024
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Following recent reply from Nick regarding (WETT)'s return, I believe majority of people in this forum are walking on the wrong path especially if someone overconfidently trying to decode the system only by reading his material. So, if you pay kindle version or any cheap version & you got a clone which is not necessarily his exact WETT system. I would say " you got what you pay for"!. Further, The reading material is just a reading material and it doesn't say that is the exact system that has been sold on his web site
Let me unpack the system
1 the stock is making 20 high.
This can be C>20High of close or can be C>20days of high or Cross version of aforementioned (despite the fact that the clone version contain the original system DNA and 20 days high is one of a profitable signal IMO)
2. Indicator variables
C>20days average and ROC is >30. I am not a big fans of any traditional oscilators as they are lagging. but when I recheck the recent post ROC20 has delayed the signal on MAH. So there are many selection here such as 20 ema or 20 sma or WMA.
3. As a stock trader we tend to find a liquid stock. what would be the main composition c*v>500K or bigger or the average of c*v at different timeframe at different value
mah
zip
Above are my quick attempt to emulate the original but again no guarantee as I am still busy with my activity and my work. Hopefully approaching x mast and NY I will got sometime to decompile the system but will not trade this thing.
Let me unpack the system
1 the stock is making 20 high.
This can be C>20High of close or can be C>20days of high or Cross version of aforementioned (despite the fact that the clone version contain the original system DNA and 20 days high is one of a profitable signal IMO)
2. Indicator variables
C>20days average and ROC is >30. I am not a big fans of any traditional oscilators as they are lagging. but when I recheck the recent post ROC20 has delayed the signal on MAH. So there are many selection here such as 20 ema or 20 sma or WMA.
3. As a stock trader we tend to find a liquid stock. what would be the main composition c*v>500K or bigger or the average of c*v at different timeframe at different value
mah
zip
Above are my quick attempt to emulate the original but again no guarantee as I am still busy with my activity and my work. Hopefully approaching x mast and NY I will got sometime to decompile the system but will not trade this thing.
