ham1198
174 posts
msg #35577
- Ignore ham1198 |
4/12/2005 1:18:07 PM
Try Jeff Cooper's Hit & Run Trading strategy:
REVERSAL NEW HIGH METHOD
Show stocks where Day Range(5) is the largest range of the past 5 days
and high reached a new 12 week high
and high is above high 1 day ago
and low is below low 1 day ago
and ADX(14) is above 25
and close is above $30.00
and average volume(30) is above 250,000 shares
/* Columns */
add column trail 15 day high {STOP}
add column ptaker {Take Profit}
/* Charting */
draw y on plot close
draw ptaker on plot close
draw trail 15 day high on plot close
draw rsi(7)
do not draw trail
/* Variables */
set {atr2,2 * average true range(10)}
set {llv20,low 20 day low + atr2}
set {y,llv20}
set {trail,close - atr2}
set {ptaker,cema(high,13)+atr2}
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