|
Guppy and Darvas Combo modules - how they
work together in OmniTrader |
|
This duo strategy is a combination of a breakout via Darvas and a confirmation of
trend via Guppy. |
|
The conditions which need to be satisfied to go
long on a breakout trend up
are..
-
[Slide 1] The share has to break out via Darvas Box first and The Gams Osc at the bottom – has to be green at
the same time - meaning it has passed the filter –
so even if blue moving average line (traders) is above red moving
average line (investors) this filter has to be passed before a
signal fires as well. [The Gams Osc is the test which checks for the guppy
moving averages]. The vote line only fires when all conditions are
met at the same time - if Darvas did not fire then this strategy
will not fire
-
[Slide 2] Each strategy has a series of
tests which is must pass
-
[Slide 3] The three related Guppy and
Darvas strategies use
multiple systems to determine if the vote should be fired (of course
you can use each strategy in isolation if you wish)
|
|
Slide 1 - showing FMG with Guppy-Darvas strategy - the signal has fired on break out of the
Darvas Box and Gams test has also passed |
 |
|
|
|
Slide 2 - The Strategy Module - determines how the systems are
voted - each signal is run via series of tests and filters to
determine if an order is placed - here is part of the
module which you can view and edit - this shows just the systems part of
the Guppy-Darvas strategy module |
|
Note that you can set the option to fire buys/longs only |
 |
|
|
|
Slide 3- The following vote line example is for PDN - it show 3
different but related strategies - Darvas, GMMA, and the Guppy-Darvas
combo (all are activated) - you will note that the votes are firing at
different times. This is because each strategy is using a different set
of trading systems. Each can be examined as shown in the above slide.
|
|
As user it is important that you decide which strategy is the most
profitable for
you - this is often done by using back
testing or the
hot strategy
finder module |
|
Learn more about which strategy to
select |
 |
|
|