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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (1809)7/30/1998 2:38:00 PM
From: Stoctrash  Read Replies (1) | Respond to of 44573
 
I've messed with it a bit, but only on 30, 60, and 120 minute charts.
Quickly looking at a 5min one on the SPX, I see it would give you about 3-5 trades a day. Sometimes you get whipped in and out sevral times in a row for small gains or losses. It just got short 10 minutes ago.

1138.01 to get long the next 5 min...remember its the OHLC/4 data point.

edit 1137.77 now needed to get long.
edit2...ding. it just got long.