Trader General was too hectic.
#kNN Indicator Notes
still idol
I notice that when you zoom out with kNN it is very good at entries on the daily for example but the exits are not that good and give a lot back.
AAPL day of WWDC and it still is pretty accurate. NOT a blind follow but helps confirm entries. I mainly use it for entries as I scale out on the way up and then put trailing stops so I don't pay attention after a certain point and expect X gains with the stop and profits accounted for:
Also note that the indicator is just the blue and pink indicators. The rainbow bullshit is my out mental illness indicator called AutoFib
still idol
Found a good example of when this indicator is not that good... sideways movement. It doesn't look like it LOSES alot of money but it also is not good a NOT GETTING INVOLVED IF IT DOESN'T LOOK GOOD, hence the need for a person to make a judgement call before using indicator.
still idol
Anything over 1 HR with sideways movement is spotty at best. Good to pay attention too incase it is the "one" that marks the turn of trend but not worth using on higher timeframes in sideways environment:
still idol
Monthly on kNN also looks really good:
still idol
still idol
@slow shale correct me if I am wrong but the light more opaque one is a soft signal and the solid color is a confirmed signal right?
slow shale
correct. darker the indicator, stronger the signal
still idol
Perfectly caught NVDA on 15 Min today lol
still idol
If I used an IBKR account, do you think I could run a bot on the kNN through tradingview? @slow shale any experience with that?
slow shale
I don't have IBKR unfortunately. I do all my trading through TD.
but charting only in Tradingview
still idol
Hmmm I just don't want to recreate the script into thinkscript as I am not that computer literate lol I will have to look into this. I want to setup a small account and start trading SQQQ / TQQQ shares first just to test.
slow shale
I know Torrniquet does a bit of scripting but I don't know if he knows how recreate in Java
still idol
@slow shale bless the ai revolution https://capitalise.ai/
also found this: https://github.com/robswc/tradingview-webhooks-bot
Houston.... we got'em
still idol
@slow shale been in rabbit hole all day lol but I got it
still idol
IBKR makes it kinda easy but just needed to map out some parameters for the strategy. Gonna fund account soon after test for like 2 weeks on fake account balance to get a full picture of how it will perform uninterrupted. Will report back in here 🫡
Running conservative settings using this feature:
Might miss out on gains but will test against Once Per Bar to see if the weaker signals will false alert or if they will give better entries.
Three tests running:
TQQQ / 1HR kNN
SQQQ / 1 HR kNN
ARKK / 1 DAY kNN
slow shale
