Tonight, the system I've been examining is DNNS (Dave's Newest New System). Basically, it's this (forgive me, Dave, if I get anything wrong):
Enter:
1.StochRSI(14) crossing up through 30. 2.StochRSI(8,5) also moving up and above 30. 3. MACD (8,17,9) crossing up through 0. 4. InSync moving up, with 50 as trigger line. 5. Dahl moving up, with 0 as trigger line. 6. Parabolic SAR positive. 7. On Balance Volume breaking above 40-day moving average 8. DNS must be moving up 9.. If you use TC2000, BOP and Money Stream positive (green)
Exit:
Short term: Look at MACD (8,17,9), Parabolic SAR and StochRSI(14)
Long term: Look at Dahl and DNS
David: For the short-term exit, are you looking for MACD to cross under 0 or simply cross below the signal line? Also, can you say anything more about how you use Parabolic SAR? |