Normal
Exit for med/term is two consecutive closes below the bottom line. (red)Exit for short term is a close above the top line (green ) if >10% of entry.Once underway -- Stop for all terms is the same as the med/long exit.Initial Stop - the recent low --but Entry not > than 10% of this low.These are the rules laid down by Berg -- it is these that I had in mind of working upon -- the STOPS & EXITS.Heaps of stuff -- strike rate vs exit, tighter initial stop, count back, med term exit at above the top line after consecutive breech.The indicator itself seems ok -- its just the sloppy rules.Cheers
Exit for med/term is two consecutive closes below the bottom line. (red)
Exit for short term is a close above the top line (green ) if >10% of entry.
Once underway -- Stop for all terms is the same as the med/long exit.
Initial Stop - the recent low --but Entry not > than 10% of this low.
These are the rules laid down by Berg -- it is these that I had in mind of working upon -- the STOPS & EXITS.
Heaps of stuff -- strike rate vs exit, tighter initial stop, count back, med term exit at above the top line after consecutive breech.
The indicator itself seems ok -- its just the sloppy rules.
Cheers
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