Live Trading System: hosted by David Lee (Twitter ID: SimpleMoneyZone).
Due Diligence Update: I spent the last 48 hours sleepless coding trying to find if I can use RSI hourly information to improve my swing system for a special type of long signals (breakout/trend catching buy signals). The reason I wanted to do it is because last 2 trades are this kind of trades. We got decent profit but we could not lock in the profit. This kind of buy signals had +70% return in total for the last 10 years. The conclusion of my work found that RSI hourly can only improve this kind of buy signal to +75% return in total for the last 10 years. This is a bad news but it is also a good news somehow. This means RSI hourly cannot help this special type of long daily swing signal at all.
I will continue to work on considering some other indicators in addition to RSI to see if there is anything significant that can be found within this hourly daily mixing backtesting framework.
Timing Model Update: Down Trend is confirmed based on Saturday morning data. The current trend shows the decline to Christmas.
All the live trades from September can be found in the following link:
Disclaimer: Trading stocks involves high risks and you can lose money. You are responsible for your own investment decisions.