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[RT] Exit Strategies



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I'm looking for advice on automated exit strategies.

The automation could be technical analysis/charts based or SDK based.

I've devised techniques which reasonably predict upward stock 
movement over the next 2+ days.  My current strategy to exit a given 
stock is strongly momentum based.  It's something on the order of 
sell if the current bid price drops below the most recent 24 hour 
average bid price less a tollerance of 1% or so; and also sell if the 
current bid price drops below the corresponding price of the previous 
day.

This is doable, but cumbersome.  I'd like some suggestions for a 
simpler approach.

Thanks,
Peyton H





 
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