ninjatrader/strategies/high-volume-days

High Volume Days

The idea for these strategies comes from chapter 6 (Volume) 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

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).

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