I am an X computer geek and I like rules. You cannot write a computer program without rules. Some stock systems allow you to implement trading rules.... If you have access to such a system then maybe you can use a rules based system real time.
I promised to show you the stock I used in last night's discussion of CCI/MFI combination. Here it is:
If you examine the chart I think you will see this system would have captured a lot of the upsides (green horizontal lines) and avoided most of the dips (red horizontal lines). I tried to test this on several stocks or ETFs. How would it have worked on a bear ETF the past few months. See for yourself:
Any help you can offer in testing this is much appreciated. Also, if you have "rules" based systems you feel work please share.
GL traders.
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