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| 1. Jesse Livermores Secret To Success
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| 2. Home page investor image explanation
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| 6. How to win in the stock market
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| 7. Commandments to follow
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| 8. 10 Rules for Investing
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| 9. How to survive a stock market crash
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| 10. William J ONeil, CANSLIM
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| 11. Barry Ritholtz keep it simple stupid
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| 12. Gerald Loeb how to win
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| 18. Indicators Introduction
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| 20. Richard Wyckoff method
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| 21. Richard Wyckoff Waves of Price and Volume
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| 22. Richard Wyckoff is a success story
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| 23. Richard Wyckoff logic not working, this maybe why?
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| 24. Richard Wyckoff studied Jesse Livermore
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| 25. Bob Evans, renowned Wyckoff teacher
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| 26. Tim Ord, Secret Science of Price and Volume
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| 28. William Gann life story
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| 29. William Gann Law of Vibration
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| 31. Wyckoff method improved1
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| 32. Wyckoff method improved2
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| 33. Original Wyckoff and Wyckoff 2.0
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| 34. Wyckoff 2.0 vs Others
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| 35. Wyckoff 2.0 and Volume Spread Analysis
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| 40. Cycles for short term speculation
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| 46. RTT Wyckoff Short Term model
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| 49. Proprietary Indicators (PI)
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| 50. Multi Time Frame (PI)
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| 53. PI: RTT TrendPower OBV
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| 54. PI: RTT On Balance Volume
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| 56. PI: RTT Rainbow Bands
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| 59. PI: RTT Steps of Cause and Effect
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| 60. PI: RTT Wyckoff Strength Weakness
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| 61. PI: RTT Wyckoff Price Waves
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| 62. PI: Proprietary Indicators Caution
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Indicator Library
RTT Market Timer
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Building mechanical market robots are always tricky, because the data inputs change and so does the market. However we feel our RTT Market Timer is very good. The RTT Market Timer data is sourced from NYSE Advance and Decline data, CBOE Volatility index and a few custom RTT indicators. The NYSE data is the best data to source market direction as it takes cold cash to have more advancing than declining stocks, thus it is a pure money flow dataset.
The RTT Market Timer is not designed to be blindly followed, it is designed for educational reasons and to help assist with Wyckoff 2.0 market reading tools (Wyckoff market phase, Gann Angles and Hurst Cycles). Below are shown all the mechanical signals that occurred during the time frame of the chart, but in real time we may not trade each on the day of occurrence, we may delay the entry until the market is clear, or not enter at all if the market is very ugly. The human touch allows for better performance, of course as the member sees all we see the member can do as they wish.
You can get access to RTT Market Timer via the RTT Plus service. The RTT Plus service will hold your hand through each signal providing guidance and leadership on how to use the dataset.
'RTT Plus' members can view our timer performance going back 30 years and it is not bad. Plus within the Members FAQ/Help you can learn more about how to getter performance when using the RTT Timer (see number 37 titled 'Getting the best out of the RTT Market Timer)
Also and a very important point RTT Market Timer is the tip of the sword for the Wyckoff 2.0 approach.
NOTE: RTT Market Timer has been live for 5 years for private use, and only recently (2012) been made live via 'RTT Plus' to members. Members can see results from the present to 30 years back, there is no curve fitting or fudging, the code is the same for current data as it is for the data 30 years back.
There are three major signal types, all buys/longs:
Blue Triangles: Volatility is mild, Advance and decline data are slightly bullish.
Red Triangles: Simply the blue triangles with little more volatility.
Purple Triangles: Simply the blue or red triangles, with extreme volatility readings.
There are also many minor signal types that help read the market smaller swings: Spikes in volatility, Adv/Dec Oscillator bullish or bearish, SP100/OEX percentage above 100 SMA, etc
Very important when using RTT Timer:
- The timer is mainly a long/buy only model, there are special rules for a bear market.
- Apply with Wyckoff 2.0 logic (Gann Angles, Hurst Cycles, Wyckoff phase).
- Apply stops and money management.
- Can be used to trade the underlying index (ie SP500/NYSE).
- Best results come after signals of 'signs of strength' have been applied to strong relative strength (alpha) stocks and ETFs.
NOTE: RTT Market Timer signals are actually Wyckoff signs of strength (SOS). These can be traded on the day of occurrence or our preferred method is to trade the Wyckoff test associated with the SOS (subject to market conditions).
Chart 1 : Review the buy/long signals between Jan 2011 and Feb 2012. Blue, red and purple triangles.
Click for popup. Clear your browser cache if image is not showing.
Chart2: Take the above buy/long signals (triangles) and place them on a high alpha (relative strength) stock like AAPL for better results.
Chart3 : Members can see the RTT Timer going back 30 years. Below is from 2003 to 2011 and as you can see not bad at all.
Click for popup. Clear your browser cache if image is not showing.
NOTE: The reader must understand that not all triangles are acted upon, after all they a calculated mechanically and are blind to the market risks of the moment. What the RTT Market Timer triangles do accomplish are critical moments of strength that deserve your immediate attention.
Here is a hypothetical example of how to use the signals:
Please note that lines and numbers are not drawn in, they are added as an illustration.
Click for popup. Clear your browser cache if image is not showing.
Results table...(no margin, no leverage, just mechanical results). The chart numbers above are listed in the table below in the first column.
Click for popup. Clear your browser cache if image is not showing.
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
.."Without specific, clear, and tested rules, speculators do not have any real chance of success"..
Jesse Livermore
.."A socialist is someone who has read Lenin and Marx. An anti-socialist is someone who undertstand Lenin and Marx"..
Ronald Reagan
.."Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic... There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market."...
Paul Tudor Jones
..“I buy on the assumption they could close the market the next day and not reopen it for five years” and “Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”..
Warren Buffet
My experience has been that in successful businesses and fund management companies, which performed well over the long-term, some courageous decisions were taken. Courageous fund managers reduce their positions when markets become frothy and accumulate equities when economic and social conditions are dire. They avoid the most popular sectors, which are therefore over-valued, and invest in neglected sectors because being neglected by investors they are by definition inexpensive. The point is that it is very hard and that it takes a lot of courage for a fund manager to avoid the most popular sectors and stocks and to invest in unloved assets. Finally, every investor understands the principle ‘buy low and sell high’, but when prices are low nobody wants to buy.
Marc Faber
Created on: 2/17/2012 6:06:21 PM Last Update: 3/2/2013 5:36:35 PM Posted by: RTT
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We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund
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