I find this exit works well with some stocks (my heart stopped when I saw the signals with some stocks -- have a look at it with AMES):
mov(c,9,e)<mov(c,21,e) and ref(mov(c,9,e),-2)>ref(mov(c,21,e),-2)
It's an exit Henry Brookins suggested in his talk at TAINJ.
So the whole DNNS formulation for the entry is:
Enter:
fml("StochRSI")>30 and fml("StocRSI(8,5)")>30 and slope(fml("StocRSI(8,5)"),3)>0 and fml("MACD (8/17/9)")>0 and fml("InSync Indicator")>50 and fml ("Dahl's primary trend")>0 and slope(fml("Dahl's Primary trend"),3)>0 and SAR(.02,.2)<C and slope(SAR(.02,.2),3)>0 and OBV()>Mov(OBV(),40,S) and fml("DNS")>=5
And the Henry Brookins exit is:
Exit: mov(c,9,e)<mov(c,21,e) and ref(mov(c,9,e),-2)>ref(mov(c,21,e),-2)
Or, in other words, sell when the 9-day MA closes for two days below the 21-day MA. Henry suggested other times to sell, too, but this one is a good one.
The components of the long DNNS formulation, such as InSync, can be found at: members.aol.com
Dave Evans: Forgive me for trying to reduce your system to a formula. I'm incorrigible, I know.
Brooke |