ninjatrader/strategies/advances-and-declines/README.md

# Advances and Declines

The idea for these strategies comes from chapter 5 (Market Breadth) of [*How Markets Really Work*](https://moshferatu.dev/moshferatu/how-markets-really-work) (2012) by Larry Connors.

As with most of the strategies from this book, they are meant to illustrate certain characteristics of the market rather than be traded directly.

## Rules

### Advances

1. The asset (e.g., SPY) must be above its 200-day moving average.
2. If the ratio of advances to declines is at least 2 : 1, enter a long trade.
3. Exit the trade after 5 trading days (~1 week).

---
Initial commit of Advances and Declines strategy README 2024-11-15 14:06:50 +00:00			`# Advances and Declines`

Add description to Advances and Declines README 2024-11-15 14:10:32 +00:00			`The idea for these strategies comes from chapter 5 (Market Breadth) of [How Markets Really Work](https://moshferatu.dev/moshferatu/how-markets-really-work) (2012) by Larry Connors.`

			`As with most of the strategies from this book, they are meant to illustrate certain characteristics of the market rather than be traded directly.`

Add rules for trades based on advances to Advances and Declines documentation 2024-11-15 14:13:39 +00:00			`## Rules`

			`### Advances`

			`1. The asset (e.g., SPY) must be above its 200-day moving average.`
			`2. If the ratio of advances to declines is at least 2 : 1, enter a long trade.`
			`3. Exit the trade after 5 trading days (~1 week).`

Initial commit of Advances and Declines strategy README 2024-11-15 14:06:50 +00:00			`---`