ninjatrader/strategies/short/README.md

Short Bot

This strategy was taken from chapter 12 of Short Term Trading Strategies That Work (2008) by Larry Connors.

Rules

1. The asset (e.g., SPY) is below its 200-day moving average.
2. If the market closes up 4 or more days in a row, enter a short trade.
3. 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)

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