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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (27556)10/31/1997 2:05:00 PM
From: Tom Trader  Read Replies (2) of 58727
 
Good day Kevin and Brad---had a thought regarding your formula that you may want to check out.

Since you and Brad enjoy intra-day/very short-term trading you may want to look at whether the formula or some variant thereof can be used to with intra-day data. For example, how well would the entry and exit points work on intra-day bars--say 30 min or 60 min--for scalping.

As you know, I am not into day trading but I think it is worth some research, since you guys are so inclined. I would use the daily indicator as a filter and not trade against the daily trend when trying to do intra-day trades.

Just a thought
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