moshferatu/ninjatrader
1
0
Fork 0
Code Issues Pull Requests Packages Projects Releases Wiki Activity
8d7c242a12
ninjatrader/strategies/trading-new-highs
History
moshferatu 8d7c242a12 Add parameters to Trading New Highs strategy documentation
2024-11-17 01:01:53 -08:00
..
README.md Add parameters to Trading New Highs strategy documentation 2024-11-17 01:01:53 -08:00
TradingNewHighs.cs

README.md

Trading New Highs

This strategy was taken from chapter 7 of Buy the Fear, Sell the Greed (2018) by Larry Connors.

Rules

  1. The asset (e.g., SPY) must have made a 52-week high within the past 20 days.
  2. If the value of the ConnorsRSI indicator is < 15, enter a long trade.
  3. Exit the trade when the value of the ConnorsRSI is > 70.

Parameters

Max Days Since High: The maximum number of days since a 52-week high has been made. (Default: 20)

ConnorsRSI Entry Threshold: The value of the ConnorsRSI below which to enter a trade. (Default: 15)

ConnorsRSI Exot Threshold: The value of the ConnorsRSI above which to exit a trade. (Default: 70)