I was just wondering if anyone out there has tested an intraday system for equities based on buying at 52 week highs, setting a sell stop at no more than .10 below the purchase price and placing a buy stop .10 above the purchase price and adding another by stop each time the last buy stop was hit. Each time a buy stop is hit the number of shares purchased should only be half the amount of the original position size. Just wonder in anyone is using/tested this or something similar and if there is positive expectancy here. thanks