Tuesday, October 14, 2014

Mechanical Trading System 3d LMA-- average of lows of 3 days. 3d HMA-- average of highs of 3 days. S


Mechanical Trading System 3d LMA-- average of lows of 3 days. 3d HMA-- average of highs of 3 days. SMA-- simple moving average. ******BIAS--- ~Positive when closing rate above 3d HMA(stoploss 3d LMA). ~Negative when closing rate below 3d LMA(stoploss 3d HMA). ~Neutral when closing rate is between 3d LMA & 3d HMA. ******MOMENTUM-- ~Positive when 3d SMA above 8d SMA. ~Negative when 3d SMA below 8d SMA. ******TREND-- ~Positive when 8d SMA above 34d SMA. ~Negative when 8d SMA below 34d SMA. When bias and momentum positive(negative) then go long(short) for short term and when trend also positive(negative) then go long(short) for medium term.
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