diff --git a/strategies/%b/README.md b/strategies/%b/README.md index 37be521..3fdd290 100644 --- a/strategies/%b/README.md +++ b/strategies/%b/README.md @@ -4,4 +4,20 @@ This strategy was taken from chapter 5 of [*High Probability ETF Trading*](https It is based on the [%B indicator](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/%25b). +## Rules + +**Long** + +1. The ETF (e.g., SPY) must be above its 200-day moving average. +2. If the %B closes < 0.2 for 3 days in a row, enter a long trade. +3. **(Optional Aggressive Version)** If the %B closes < 0.2 again during the initial trade, enter a second long trade. +4. Exit the trade when the %B closes > 0.8. + +**Short** + +1. The ETF (e.g., SPY) must be below its 200-day moving average. +2. If the %B closes > 0.8 for 3 days in a row, enter a short trade. +3. **(Optional Aggressive Version)** If the %B closes > 0.8 again during the initial trade, enter a second short trade. +4. Exit the trade when the %B closes < 0.2. + --- \ No newline at end of file