diff --git a/strategies/high-volume-days/README.md b/strategies/high-volume-days/README.md index 204793f..17ec6e5 100644 --- a/strategies/high-volume-days/README.md +++ b/strategies/high-volume-days/README.md @@ -4,4 +4,20 @@ The idea for these strategies comes from chapter 6 (Volume) of [*How Markets Rea 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 + +### High Volume Up Days + +1. The asset (e.g., SPY) is above its 200-day moving average. +2. The volume closes at a 5-day high. +3. If the asset closes **higher** on the day, enter a long trade. +4. Exit the trade after 5 trading days (~1 week). + +### High Volume Down Days + +1. The asset (e.g., SPY) is above its 200-day moving average. +2. The volume closes at a 5-day high. +3. If the asset closes **lower** on the day, enter a long trade. +4. Exit the trade after 5 trading days (~1 week). + --- \ No newline at end of file