I'm sorry but this is another false but strangely popular notion that has no basis in reality. This was the exact topic of my masters...
Hi again, I use Amibroker for strategy creation and testing. I'm the first to admit that I am no coding expert....but I find Amibroker is...
Absolutely. The test I ran was simply to determine how much profit an average stock will return 10 days after a 40 day breakout....it is not a...
Hi Buwa84. In Amibroker 60 day historical volatility is written as: //60 day Volatility// HV = StDev(ln(Close/Ref(Close,-1)), 60)*100*sqrt(252);...
Perhaps. All I am saying is that tests have shown the HV filter to improve certain breakout strategies. I believe that Connors and Alvarez...
Absolutely agree. That's why I suggest that one should only trade a standard breakout model if it's on a large universe of uncorrelated assets....
Perhaps my statement is a little too much of a blanket. But for the OP who is likely about to read a bunch of articles about how overbought...
I have multiple test results that suggest otherwise. Not at the computer at the moment but when I am will be happy to share.
My advice, don't bother too much about learning chart patterns. Learn about technical indicators. Understand that they are not predictive but...
My advice, stop trading intraday. Only trade daily or weekly bars. Have a moving average trend filter. Have a market environment trend filter....
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