Completed TD Combo for Gold (GLD)

Gold can't go up forever. I hear Dennis Gartman is selling it. TD Combo says to sell also.

TD Combo Oscillator Back-testing

So I've done a little back testing on the three major indexes using my newly constructed TD Combo oscillator. The settings are pretty simple.


Buy = 21 day moving average of the oscillator crosses up through 0.40
Sell = 21 day moving average of the oscillator crossed down through 0.10


With this simple setting I get a nice return. What I especially like is the fact that the conditions keep you out of bear markets and keep you in the bull runs. (Green shaded areas are when the trade is on) More detailed backtesting results are given in each figure.

A new TD Combo based oscillator

I had an idea this afternoon about a new oscillator and just finished putting it together. It is based on Tom DeMark's TD Combo countdown rules. I plan on doing some backtesting in the near future but for now I'll show it using a 40 day period. It seems to act like the RSI indicator, where it stays above 50 in bull markets and often sinks below it, without getting back to the highs, in bear markets. I have plenty of work to do on this.