ninjatrader/strategies/10-day-low/README.md

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# 10-Day Low Bot
This strategy was taken from chapter 2 of *[Short Term Trading Strategies That Work](https://moshferatu.dev/moshferatu/short-term-trading-strategies-that-work)* (2008) by Larry Connors.
## Rules
1. Buy every 10-period low on the daily S&P 500 (SPY) chart while price is > the 200-day simple moving average.
2. Exit when price closes above its 10-period moving average.
## Parameters
**Low Period**: The period over which to calculate the lowest price. (Default: 10)
**Short Term Trend Period**: The period of the short term trend as measured by a simple moving average. (Default: 10)
**Long Term Trend Period**: The period of the long term trend as measured by a simple moving average. (Default: 200)
## Backtest Results
### SPY
![SPY Analysis](https://static.moshington.com/images/strategies/10-day-low/spy-analysis.png)
![SPY Summary](https://static.moshington.com/images/strategies/10-day-low/spy-summary.png)
### QQQ
![QQQ Analysis](https://static.moshington.com/images/strategies/10-day-low/qqq-analysis.png)
![QQQ Summary](https://static.moshington.com/images/strategies/10-day-low/qqq-summary.png)
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