stockfetcherst
1 posts
msg #113921
- Ignore stockfetcherst |
6/6/2013 12:19:35 AM
I've been working on a few weekly EMA Envelope filters. Buying after the ETF has closed below the weekly lower sma envelope(15,10).
ON the backtest I used
entry as per the filter. Exit is 15% gain, close above upper weekly sma envelope or close below the 10 week low or 15% stop and a max 16 day hold period.
This one backtests ok with the triple leveraged etf's. Reward/Risk - 1.62 and ROI 80.1
stock
certainly has not given many entries lately and actually does not trigger unless you get that pullback. forces you to buy after the pullback. Might see a few trades trigger in the next week to 10 days.
|