ultra5150
15 posts
msg #70470
- Ignore ultra5150 |
1/8/2009 1:50:02 AM
Sorry, still learning here. How do I create this filter to backtest the following strategy?
1. Stock (or ETF) is above it's 200 days moving average.
2. If the stock closes at a 7-day low, buy.
3. If the stock closes at a 7-day high, sell the long position.
Thanks for your help.
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chetron
2,817 posts
msg #70473
- Ignore chetron |
1/8/2009 6:46:32 AM
MAYBE.......
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tradertedd
5 posts
msg #96155
- Ignore tradertedd |
9/10/2010 4:28:23 PM
Anyone have any idea how to create an opposite filter to do short trades?
1. Stock (or ETF) is below it's 200 days moving average.
2. If the stock closes at a 7-day high, sell short.
3. If the stock closes at a 7-day low, cover the short position.
Thanks for your help.
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wkloss
231 posts
msg #96160
- Ignore wkloss |
9/10/2010 7:04:08 PM
I think there are posts and possibly a thread devoted to this strategy. Try searching the Forum.
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tradertedd
5 posts
msg #96163
- Ignore tradertedd |
9/10/2010 8:11:07 PM
I tried searching for Double 7's on the forums and this is the only post on it. Lot's of other posts about Larry Connors and RSI, but nothing else about Double 7.
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four
5,087 posts
msg #96164
- Ignore four |
9/10/2010 8:23:24 PM
http://forums.stockfetcher.com/sfforums/?q=view&tid=83822&start=20&isiframe=
ultra5150
msg #84529
- Ignore ultra5150
modified 12/16/2009 4:18:21 PM
OK, I am new at writing filter but here's my first contribution. Credit to chetron who showed me how to write the buyme, sellme counter few months ago. This one is not from Connor's ETF book, but the "Double 7" strategy he had. I am using it to trade 2xETFs:
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wkloss
231 posts
msg #96179
- Ignore wkloss |
9/11/2010 12:26:01 PM
tradertedd,
Connors intentionally avoided short trades for this system. Instead he suggests including inverse ETF's in your watchlist.
You can find a discussion of the system and where to find the original article here http://www.stratasearch.com/forum/viewtopic.php?f=8&t=664
Bill
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Kevin_in_GA
4,599 posts
msg #96185
- Ignore Kevin_in_GA |
9/11/2010 3:33:17 PM
More importantly, please read this:
http://ibankcoin.com/woodshedderblog/category/double-7s/
very well thought out analysis and optimization of this strategy.
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