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5 day Momentum Method



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To change recent subjects I thought I'd post the showme's I use for Jeff
Cooper's Five Day Momentum Method. We trade it quite a bit with very good
results. I also have a scan we use to create the hit list Mr.. Cooper talks
about in his book, and will post if any interest. The ela. is attached. We use
these and the ones posted yesterday as scans on the hit list nightly.

{********************Five Day Momentum Long**********************}
 If ADX(14) >= 35 and DMIPlus(14) > DMIMinus(14) and FastK(20) <= 40
  Then Begin
 Plot1 (Low,"FiveMMLong");

 If checkalert then alert = True;
 
 end;

{**********************Five Day Momentum Short***********************}
 If ADX(14) >= 35 and DMIMinus(14) > DMIPlus(14) and FastK(20) >= 60
  Then Begin
 Plot1 (High,"FiveMMShort");

 If CheckAlert then alert = True;

 end;
 

"The darkest hour in any man's life is when he sits down to plan
 how to get money without earning it"

Sentinel Trading
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