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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: TT who wrote (2251)7/29/1997 6:44:00 AM
From: Webb B Blackman Jr   of 3325
 
Julius,
I tried your exit with "Dave's Newest System" as the entry point. The results were very impressive, but still not quite a profitable as the earlier system. I did note that it gave close to twice the number of trades thus it might be better at getting you out with small loses. I will play with it more tonight.

I really feel that the future of TA lies in finding the perfect exit plan and not the perfect entry plan. Systems like StochRSI(14) and "Dave's Newest System" are great for entry. What we need now is a great exit system.

--- webb ---
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