1.0 KiB
1.0 KiB
Short Bot
This strategy was taken from chapter 12 of Short Term Trading Strategies That Work (2008) by Larry Connors.
Rules
- The asset (e.g., SPY) is below its 200-day moving average.
- If the market closes up 4 or more days in a row, enter a short trade.
- Exit the trade on a close below the 5-period moving average.
Parameters
Long-Term Trend Period: The period of the long-term trend filter as measured using a simple moving average. (Default: 200)
Short-Term Trend Period: The period of the short-term trend used to exit trades as measured by a simple moving average. (Default: 5)
Up Streak Period: The number of days in a row that the close has to be higher in order to enter a trade. (Default: 4)
Backtest Results
SPY
