Mama-fama

Discussion in 'Trading' started by rgowka1, Jan 5, 2003.

  1. rgowka1

    rgowka1

    Hello,

    Anybody using MAMA-FAMA as published in Ehlers book "rocket science for traders".(http://www.mesasoftware.com/pub)

    I am testing a system using MAMA-FAMA on 1-Min ES data and the entries look good but I am yet to define an exit/stop strategy.

    I am thinking of using an ATR based stops/profit targets as defined in "Professional Stock trading" book.

    any ideas, any thoughts??

    thanks
     
  2. oh yeah.. rocket science for traders. i've been meaning to buy that for ages -- thanks for the reminder!

    MAMA-FAMA.. lol. gotta love that name!
    now i've gotta go buy it...