Andy: Your Stoch (55,21,5) system tests really well in the few stocks I've tried so far. It does best with the small-caps and high-flying technology stocks I've tested, not with big lumbering DOW stocks. I'm going to add the system to my bag of tricks.
Here it is again, folks:
enter: mov(stoch(55,21),5,w)> ref(mov(stoch(55,21),5,w),-1) and mov(stoch(55,21),5,w)< 70 and mov(stoch(55,21),5,w) >18
exit: if((hhv(mov(stoch(55,21),5,w),21)>70),(mov(stoch(55,21),5,w) <70 and ref(mov(stoch(55,21),5,w),-1) >70), (mov(stoch(55,21),5,w)<50))
alternate exit: (mov(stoch(55,21),5,w) <70 and ref(mov(stoch(55,21),5,w),-1) >70)
I'll do some more experimenting with it tonight.
Brooke |