PDA

View Full Version : And yet another ...



Dathisel
02-15-2016,
Below is a system I found 10 years ago in Tech. Analysis of Stocks & Commodities. It is very simple and trades on weekly breakouts.

I have begun manually back-testing it on T-Bonds and will appreciate any comments.

Note to Webmaster: I tried uploading this system as an attached file but an error would not allow this (click the Browse button and nothing happens).




Tracking Data:
• Weekly high
• Weekly low
• Weekly close
These three numbers provide all the data needed to mechanically trade these markets.


Contracts:
• U.S. T-bonds
• Japanese yen
• Others? Should work with anything that trades in high volume.


In / Out Signals:
• When two consecutive weekly closes occur that are higher than the highest price of the previous week, there is a buy signal. (Figure 1).
• Whenever two consecutive weekly closes occur that are lower than the lowest price of the previous week, there is a sell signal (Figure 2).

DawsonwAk
02-16-2016,
By the way, is there any way to be notified when replies are posted to specific threads? Some forums call this function "subscribe".

Dbigg
02-18-2016,
go to User CP on the toolbar - you can subscribe to a thread there

DeangeloJo
02-18-2016,
or at the top of the thread under "thread tools" - you can subscribe there too