<< QUESTION >>

Hi Roger -

The no lag averages are working great. I had to chance to look at your stop indicators specifically the asymetric and precision stop.

I attached a chart of what I currently have. Its a stop that uses a percentage away from price. It's not dynamic but I can adjust the percentages .

I was just curious by looking at the attached chart do you think your stops could outperform what I have or is there some way to test both of yours. I'm not a tire kicker I would replace it with one of your indicators. I have tried other stops and they basically all have the same problem at some point they get whipsawed and it just depends as to what extent based on the setting. Yours seem more intuitive however.

I did look at the precision video and understand the differences between both of your stops. I just had a hard time getting a feel for the differences between the two and over mine.

The chart is CL 12/15 5 minute

Thanks,


<< ANSWER >>

There is no way to avoid whipsaw other than to stop trading. Mach-Trend was specifically designed to reduce whipsaw but does not eliminate it altogether.

Its not feasible for me to comment on your indicator screenshot as I have never tested it. I can however comment on the choice of markets, if you trade CL intra-day then you will be getting plenty of whipsaws regardless of what system you employ as its a highly volatile and unstable market these days. Changing to a slower time frame would likely reduce this issue somewhat.

An oil pundit said recently, the oil price has lost all its anchors, meaning the supply and demand and political situations are all unknown to a greater extent than ever before.

A lot of my own success in the past was attributed to seeking out quieter, lesser known markets that nobody has heard of in order to find gentler and more predictable trends. Then I ran tests on them to observe performance with various strategies. ( Going away from USA markets often leads to reduction in whipsaw )

It is an essential element to success to put in a lot of homework yourself in this area of selection, testing and matching strategies to your stomach for draw downs and growth.

The so called "popular markets" are frequently the hardest things to trade and being popular does not make it better to trade, only that you will find plenty of forum friends with whipsaw problems to talk with.

Quote.

Observe the masses and do the opposite. James Caan Dragons Den Investor.