ninjatrader/strategies/advances-and-declines

Advances and Declines

The idea for these strategies comes from chapter 5 (Market Breadth) of 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).

Declines

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

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