PureBytes Links
Trading Reference Links
|
Just from looking at charts.. I have been watching gaps... I put this idea
on 60 minute charts..Was wondering if someone could test it on 60 minute
data and see how it holds up...I am open to any suggestions...thanks
Condition1 = Open of tomorrow > Close + 100 points;
Condition2 = Open of tomorrow < Close - 100 points;
If Condition2 then Sell at open of tomorrow -
(1.3 * Range) stop;
If Condition1 then Buy at open of tomorrow +
(.9 * Range) stop;
If MarketPosition = 1 then exitlong at lowest(low,barssinceentry+1)
stop;
If MarketPosition = -1 then Exitshort at
highest(high,barssinceentry+1)
stop;
|