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Rank: Admin
Groups: Admin
Joined: 4/25/2009
Posts: 74
Points: 200
Location: USA
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riskless1 wrote: I was wandering--why are only trading equity funds with the MTR. Why not trade silver and copper.
I will run the MTR-TM over one of the metals ETFs, but I think as TraderJoe said it will probably not work.
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Rank: Elite
Groups: Member
Joined: 4/25/2009
Posts: 27
Points: 144
Location: USA
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I don't know if the MTR would be a good trading strategy for copper and silver. I have been trading SLV if it breaks out to a 21 day high and selling it if it breaks down to a 14 day low. I have tested it with Metastock from 5/1/06 to the present and it has made 83% on 12 trades. Six were profitable and six were losers. Copper trading has made a little more than silver but it only has a year of data and it made 23 trades, 13 profitable and 10 losers. The copper system uses exponential moving averages. I am also experimenting with regression channels for trading silver and copper.
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Rank: Elite
Groups: Member
Joined: 4/26/2009
Posts: 64
Points: 460
Location: USA
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riskless1 wrote:I don't know if the MTR would be a good trading strategy for copper and silver. I have been trading SLV if it breaks out to a 21 day high and selling it if it breaks down to a 14 day low. I have tested it with Metastock from 5/1/06 to the present and it has made 83% on 12 trades. Six were profitable and six were losers. Copper trading has made a little more than silver but it only has a year of data and it made 23 trades, 13 profitable and 10 losers. The copper system uses exponential moving averages. I am also experimenting with regression channels for trading silver and copper.
Looking forward to hearing more about your success and the results from your analysis. 
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