1.1 KiB
1.1 KiB
10-Day Low Bot
This strategy was taken from chapter 2 of Short Term Trading Strategies That Work (2008) by Larry Connors.
Rules
- Buy every 10-period low on the daily S&P 500 (SPY) chart while price is > the 200-day simple moving average.
- 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
QQQ
