Re: 5 day Momentum Method

[Timothy Morge <tmorge@xxxxxxxxxxxxxxx>]

Thanks for posting trading ideas and studies. I don't begrudge anyone to discuss
anything they wish in these forums--I believe in free speech, especially in
cyberspace. if I don't want to read a post, I just delete it. But it's nice to
get back to some trading thoughts again, too...


Thanks again for sharing interesting ideas and methods.

Tim Morge

Sentinel Trading wrote:
> 
> 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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