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Strategies & Market Trends : Befriend the Trend Trading
SPY 681.43+1.6%Nov 10 4:00 PM EST

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To: booters who wrote (12563)10/16/2000 7:45:17 PM
From: booters  Read Replies (1) of 39683
 
ooops, I for got to explain.

Chart is a simple 5/8 cross over on a 60min chart for BVSN.

The bottom color bar shows when to go long and when to go short based on the simple cross over rules. The top color bar shows if the close is higher than the close x number of bars ago or lower than x number of bars ago.

Idea is to only take signal from the bottom bar if color matches upper bar. Amazing how many bad trades it will keep you out of. I am sure with some tuning and a few rules it could do better but just played with it for a few minutes.

For what it's worth.

boots
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