Four Steps Trading Course

  

JFC Self Adaptive Indicator Signals

Reversal Entry Signals

Reversal Buy

Input:  SENS(5), RTT_Delay(0);

See the manual section Real Time Target Exits  for specifics on the use of the RTT_Delay input.

This signal gives only buy signals. It will cause the system to buy when a Reversal Buy Indication is given.

This signal can be used when only the buy side of the Reversal indicator is desired in a system, or when the developer wishes to use different sensitivity settings for the buy side than the sell side.

The SENS input, defaulted to 5, sets the sensitivity setting of the reversal function. This input must match the input value being used for the Reversal indicator. This input is used in all of the Reversal signals.

Reversal Buy ept

Inputs:  Sens(5), Ept_Sens(2), Fade(0), RTT_Delay(0);

In addition to the parameters described above for Reversal Buy, this signal will buy only upon the violation of an overhead resistance point which has been defined by the JFC Entry Point Indicator. The signal places a buy stop at the defined resistance after a buy window has been defined by the JFC Reversal Indicator. See the manual section entitled Buy Stops and Sell Stops The Ultimate Purpose of the JFC Entry Point Indicator and the section entitled Buy and Sell Windows for further details concerning both the additional inputs required by this signal and the effects these input settings will have on your system results when this signal is used.

Reversal Buy ddf

Inputs:  Sens(5), ddf_delay(60), RTT_Delay(0);

This signal generates only buy signals as per the sensitivity settings of the Reversal function. Trades are taken only in the direction of the trend of the day as determined by the Directional Day Filter function. No trades are taken prior to the time of the trend determination by the Directional Day Filter.

It is important that the ddf_delay input is set to a value equal to the identical input value being used by the Directional Day Filter.

Reversal Buy ddf ept

Inputs:  Sens(5), Ept_Sens(2), Fade(0), ddf_delay(60), RTT_Delay(0);

This signal combines the properties of the above two signals. Long trades as generated by the Reversal indicator are taken only in the direction of the trend of the day as determined by the Directional Day Filter function and only when the market violates the overhead resistance point which has been defined by the JFC Entry Point Indicator.

Reversal Sell

Input:  SENS(5), RTT_Delay(0);

This signal gives only sell signals. It will cause the system to sell when a Reversal Sell Indication is given.

This signal can be used when only the sell side of the Reversal indicator is desired in a system, or when the developer wishes to use different sensitivity settings for the sell side than the buy side.

Reversal Sell ept

Inputs:  Sens(5), Ept_Sens(2), Fade(0), RTT_Delay(0);

In addition to the parameters described above for Reversal Sell, this signal will sell only upon the violation of a support point which has been defined by the JFC Entry Point Indicator. The signal places a sell stop at the defined resistance after a sell window has been defined by the JFC Reversal Indicator. See the manual section entitled Buy Stops and Sell Stops The Ultimate Purpose of the JFC Entry Point Indicator and the section entitled Buy and Sell Windows for further details concerning both the additional inputs required by this signal and the effects these input settings will have on your system results when this signal is used.

Reversal Sell ddf

Inputs:  Sens(5), ddf_delay(60), RTT_Delay(0);

This signal generates only sell signals as per the sensitivity settings of the Reversal function. Trades are taken only in the direction of the trend of the day as determined by the Directional Day Filter function. No trades are taken prior to the time of the trend determination by the Directional Day Filter.

It is important that the ddf_delay input is set to a value equal to the identical input value being used by the Directional Day Filter.

Reversal Sell ddf ept

Inputs:  Sens(5), Ept_Sens(2), Fade(0), ddf_delay(60), RTT_Delay(0);

This signal combines the properties of the above two signals. Short trades as generated by the Reversal indicator are taken only in the direction of the trend of the day as determined by the Directional Day Filter function and only when the market violates the support point which has been defined by the JFC Entry Point Indicator.

Reversal B&S

Input:  SENS(5), RTT_Delay(0);

This signal gives both buy and sell signals. It will cause system to buy when a Reversal Buy Indication is given and sell when a Reversal Sell Indication is given.

This signal can be used when a single input value is desired for both the buy and sell side of the system. This configuration allows the simultaneous optimization and testing of the SENS input for both sides of a trade.