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Leveraging Candlestick Patterns for Predictive Stock Analysis and Summer Market Forecast

June 24, 2024Uncategorizedadmin

In the first part Steve Hill, CEO of AIQ Systems covered Leveraging Candlestick Patterns for Predictive Stock Analysis. Candlestick patterns are a fundamental aspect of technical analysis that provides valuable insights into market sentiment and potential price movements.

Steve integrated volume analysis with candlestick patterns to improve signal reliability. The effectiveness of volume and additional exiting criteria are shared below this video.

In the second segment, David Wozniak of TFRTrader covered his annual Summer Forecast, highlighting excellent-looking sectors and opportunities in the market.

David’s outstanding alert service provides text message buy and exit alerts. The current offer is 6-months of service at half price (charged monthly).

Visit https://aiqeducation.com/tfr-2/ for more details

During the Candlestick session, Steve began work on 4 different candle patterns with volume. the 2 patterns that eventually yielded good results are included in an EDS file below. Additional slope parameters were added to the strategy together with an MACD exit that he has continued working on.

To download the EDS and the 2 backtest files click here and unzip these files into your /wintes 32 folder. The EDS file contains the 2 bullish candle strategies and these backtests.

Bullish Engulfing Pattern with

The 5-day slope is either modest down or up before the pattern.
Volume on the day of the pattern must be 50% higher than the prior day.
Exiting on MACD turns down and protects 90% of the initial investment.

The backtest over the last 2 years on SP1500 yielded more losers than winners, but still outdid the market.

Bullish Hammer with

The 5-day slope is either modest down or up before the pattern.
Volume on the day of the pattern must be 50% higher than the prior day.
Exiting on MACD turns down, protects 90% of profit above 5%, and protects 90% of the initial investment.

The backtest over the last 2 years on SP1500 yielded more winners than losers, and outdid the market. Varying exit days on the MACD yields varying results. Current MACD exits if MACD turns down after 7 days in a position.

AIQ Systems AI Market Ratings updated signals June 10, 2024

June 11, 2024expert rating, indexes, market timing, Uncategorizedadmin

In this update, we’re going to discuss the most recent market timing signals from the Expert system within our Trading Expert Pro platform.

On your screen is a daily chart of the Dow Jones Industrial Average with a price phase indicator underneath, displaying Heiken Ashi-mode candles. The green bars indicate an uptrend, red bars show a downtrend, and the bars that are neither green nor red are based on a color study indicating a high market rating. To explain these market ratings: over 400 rules run through an inference engine—a decision tree process where 400 different indicator states are evaluated. When one rule fires, it triggers the evaluation of certain other rules. These decision pathways contribute to a high expert rating, either up or down, which can signal a change in market direction.

The expert rules are based on historical Dow Jones price action and the internals of the New York Stock Exchange, such as new highs, new lows, and advancing/declining issues, evaluated using numerous indicators. Every day, we generate an expert rating. Most ratings are neutral, meaning few or no rules fired. For instance, on June 4th of this year, the rating was neutral. Once the rules’ weighting reaches beyond 95 up or down, it’s a significant level. On the price chart, buy and sell points are indicated for ratings greater than 95. I’ve marked only the first in a batch of signals; subsequent signals reinforce the initial one. For example, a sell signal is marked by a yellow bar indicating a 96 down rating, signifying importance. Each day, an expert rating is shown on the chart. Scrolling forward, you’ll see the numbers change. White bars indicate a 95 or greater up signal, while yellow bars show a 95 or greater down signal.

The charts are annotated with buy and sell signals. When multiple buy signals occur, we focus on the first one, with subsequent signals reinforcing it. The same applies to sell signals. We haven’t updated these market timing signals in a while. Starting back in late February 2024, there was a buy signal on February 22nd, indicating a 95 rating for the upside. The rules contributing to this signal include the advanced decline oscillator turning positive, viewed as bullish in the market. The New York breadth data’s new high/low indicator reversing to the upside also supports this bullish signal. Price action moved up slightly before flattening out, followed by a sell signal. Examining the sell signal rules, volume accumulation percentages decreased, and the stochastic moved below the 80% line, indicating bearish conditions. Buy and sell signals appear consistently, with some leading to short-term gains.

Recently, on June 6th, there was another sell signal, reinforcing a previous one. Rules indicated negative shifts in the advanced decline line and up-down volume oscillator. These strong signals suggest a continued downtrend. The system, tested over 37 years, uses an inference engine decision tree process, providing standardized market analysis.

For a closer look, visit aiqsystems.com and try our service for a month for just $1, including end-of-day data. This system’s consistency over the years speaks for itself. https://aiqeducation.com/1-trial/

Recording ETF Rotation Strategy – The What and How

May 18, 2024Uncategorizedadmin

Recording of the Zoom meet from 5-17-24 is now available. During this meeting Steve Hill, CEO of AIQ Systems discussed using Reports, and Expert Design Studio strategies to trade ETFs. The Direxion ETFs and a list of the 100 most traded ETFs were used to evaluate the strategies. The Boomer Buy and Denning VCR strategies were tested and are also available to download. The Relative Strength rotation EDS file is also available.

ETF list files discussed in this video are available for download below. Please save these to your /wintes32 folder.

Expert Design Studio files discussed in this video. Download and save these to your /wintes32/EDS Strategies folder.

https://aiqeducation.com/downloads/Boomer%20Buy.EDS Boomer Buy strategy for ETFs. https://aiqeducation.com/downloads/Boomer%20Buy%20BoomerBuy3.edp Backtest for Boomer Buy.

https://aiqeducation.com/downloads/DenningVCR2.EDS Denning VCR strategy for ETFs. https://aiqeducation.com/downloads/DenningVCR2%20GoLong.edp Backtest for Denning VCR .

https://aiqeducation.com/downloads/RStradingforETFs%20%281%29.EDS Relative Strength Rotation for Sector ETFs.

#stocktrading #etftrading #technicalanalysis

ETF Rotation Strategy the What and How?

May 3, 2024Uncategorizedadmin

May 17, 2024 5 – 6 pm Eastern

An hour-long session with Steve Hill, CEO of AIQ Systems. ETF Rotation Strategy the What and How? Exchange-traded funds that match the price action of major markets, industry sectors, and major stocks, both long and short are ideal for trading. We never have to go short as we can buy ETFs that mirror the down moves. In this session, Steve Hill, CEO of AIQ Systems will guide you through the tools we use in our TradingExpert Pro to make decisions on a rotation strategy.

ProShares Leveraged ETFs – Sectors Long and Short

April 22, 2024ETFS, group and sector, portfolio management, Uncategorizedadmin

There are many ETF families in the market today, and of course, the oldest and most popular ETF, SPY has been around since 1993. Ultra ProShares Exchange Traded Funds (ETFs) developed by Profunds and traded on the AMEX. are one of the most actively traded areas of the markets. With $billions pouring into the UltraShort QQQ ETF, QID, it’s evident that it’s become one of the most actively traded ETFs globally.

Whether you’re a trader or investor, these Ultra ETFs serve as valuable tools capable of enhancing returns while mitigating risks.

Ultra bullish and UltraShort ETFs on broad market indices expanded some years ago to include leveraged bullish and bearish Sector and International ETFs. These additions enable investors to hedge or amplify sector exposure effortlessly. Moreover, these Ultra and UltraShort ETFs are compatible with IRAs or retirement accounts, where shorting or margin trading is typically restricted.

From a trader’s perspective, the liquidity and leverage of Ultra Bullish and UltraShort ETFs, which move two times the underlying index or inversely track it, offer a simpler and less risky alternative to options, futures, or shorting stocks.

For day traders, the highly liquid QQQ ETFs, QLD and QID, along with S&P500 ETFs, SDS and SSO, have become favored vehicles. The volatility of these ETFs presents opportunities for swift gains.

For investors and portfolio managers, ProShares ETFs offer a plethora of risk management tactics and asset allocation strategies. They provide flexibility to hedge against market risk or capitalize on market fluctuations. Furthermore, leveraging Ultra ETFs in asset allocation frees up capital for further diversification, allowing for strategic positioning across various sectors and markets. Sectors, in particular, have gained importance in recent times, with ProShares Sector ETFs offering exposure to Dow Jones Sectors.

For further leveraging the leverage, listed options on Ultra ETFs bring new possibilities for creative strategies. Covered call writes on bearish ETFs or options on Ultra ETFs provide avenues for managing risk and capitalizing on market movements with added leverage.

Given these ‘options on steroids’ move so quickly, only spend as much as you can afford to lose keeping in mind the thought “Have a hunch – buy a bunch. Hunch is wrong – bunch is gone”. While using Puts or Calls on Ultra Short and Ultra ETF’s requires some upside down and out-of-the-box thinking they add are few arrows to the trader’s quiver.

In conclusion, the Ultra ProShares ETFs have revolutionized trading and investing, offering opportunities previously inaccessible to individual investors.

There’s an AIQ list of the Proshares Sector ETFs available for download at https://aiqeducation.com/PROSECT.lis

This list file needs to be in your /wintes32 folder

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