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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper
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To: Walt Timber who wrote (300)4/5/1998 4:43:00 PM
From: Darth Trader  Read Replies (1) of 438
 
The software only works with SuperCharts or TradeStation. The 5 day Momentum setups look similar to the 1,2,3,4 day setup in Hit and Run Trading.

Certainly you could program Metastock to do find the following markets:

1) Stock has an ADX higher than 30.
2) Stock has been been trading lower for two or three days.
3) On the third or fourth day the stock begins to trade higher than the highest high of the two or three previous days.
4) place protective sell stop just under the lowest low of the previous two or three days.

Good luck and be careful.
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