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Re: new system



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Hi Paul,

Ela file for use on any intraday chart. Load "NET = Paul's ID"  (ID stands
for intraday, such systems have to be coded intraday for testing with stops
to be valid)

Yours

Gwenn


Paul Cote a écrit:

> Bull/ Bear Power Breaker Profit Bailer TM by Paul Cote
>
> I have developed a new trading system that I would like feedback on. I
> intend to trade it on the bonds and maybe crude and natural gas. It is
> as follows: Let Bull Power = Close - Low; Let Bear Power = High - Close
> Tomorrow,
>      after the open, place a buy stop bear power up from the open to
> enter. This is based on overcoming the power of
>      the bears to go long. Tomorrow after the open, put a stop to sell
> short at the open minus bull power. This is
>      based on the market overcoming the power of the bulls. Exit the
> market at the first profitable open or stop out on
>      a predifined risk level of 1/2 point or the high of the bar of
> entry if short or the low if long.
>
> If anyone knows how to code and test this, I would appreciate it.  I
> think it might be the holy grail, so if it is, please share the ela with
> me if you can figure it out.



Attachment Converted: "c:\eudora\attach\Paul.ela"