182: How to identify high probability markets - David Steets
Better System Trader
Customize Indicators for Clear Market Signals
Utilize longer moving averages like 60 and 275 days to avoid whipsaws around the commonly used 50 and 200-day averages. Implement a simple, sensitivity-based approach to volatility and trend indicators. Use golden and death cross signals for long-term timing while pairing them with a visual traffic light system for fundamental analysis. Only trade when fundamentals show strong alignment, indicated by a green light, and exit positions quickly when at least two out of six key indicators signal a downturn. Ensure any new trading strategy offers a discernible edge, ideally at least a 10% improvement over the baseline return probability.
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