This script uses subtle sentiment analysis to try to reduce the risk of positioning in assets. By "assets" I mean: the QQQ ETF as a synonym for positioning in Nasdaq-100 stocks and the TLT ETF as a placeholder for US government bonds with very long maturity and that as a risk-averse alternative. The coloring of the pseudo capital curve means:
* green = 100% QQQ
*...
This is combination of multiple indicators and strategies. Mainly useful for indexes and to time the entry and exits of indexes. No stoploss used - makes it less desirable for leveraged trades or trading individual stocks.
Let us rewind and look back at some of the indicators/strategies published earlier.
1. Moving Average Candles - this is one of my favourite...