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[amibroker] Starting point for a short system...short term



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Three consecutive higher closes and three consecutive higher lows.
Sometimes this pattern can go for 4 or 5 days... You might want to try
5 if the universe of stocks you are scanning is pretty large.
Some other qualifiers could be added.
you would short at close on the 5 day in case you are using the 5day
run pattern. 
I did an analysis on AAPL and found that with the 3 day pattern you
could expect a 4% return in about 5 trading days about 60% of the time. 


 


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