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Seems good.
Have not back tested this.
TICK High > 800.
(1) I think if TICK were high,
AND the Close within 5 or 10 percent of high,
THEN buy on CLOSE or NEXT DAY OPEN,
look for small follow through.
(2) BUT also look for an OOPS SALE going down
after First Half Hour.
(3) What if Close within 5 percent of HIGH
but TICK less than 400.
Little or no follow-thru,
SELL on CLOSE.
ERic
----- Original Message -----
From: "Chris Glander" <cglander@xxxxxxxx>
To: "Ian Waugh" <ianwaugh@xxxxxxxxx>; <omega-list@xxxxxxxxxx>
Cc: <ianwaugh@xxxxxxxxxxxxxxxxxxx>
Sent: Thursday, July 03, 2003 1:07 PM
Subject: Re: Ticki-Tick Strategy
> Although it will be easy enough to back test, my first comment is that
when
> Tick > 1000 I look for prices to stall or reverse, not to enter into a new
> long.
>
> FWIW,
> Chris
>
> ----- Original Message -----
> From: "Ian Waugh" <ianwaugh@xxxxxxxxx>
> To: <omega-list@xxxxxxxxxx>
> Cc: <ianwaugh@xxxxxxxxxxxxxxxxxxx>
> Sent: Thursday, July 03, 2003 7:16 AM
> Subject: Ticki-Tick Strategy
>
>
> > Would anyone like to comment on this little system?
> >
> > { 5min bars
> > data1= YM
> > data2= $TICKI
> > data3= $TICK
> > }
> >
> > inputs: th(22),tl(-22),tkh(1000),tkl(-750);
> > setexitonclose;
> >
> > if c of data2>th and c of data3>tkh then buy next bar at open;
> > if c of data2<tl and c of data3<tkl then sell next bar at open;
> >
> >
> > Ian
> >
>
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