Hey GJ thanks for posting a solid description (with examples) of that opener's rule. I have occasionally tried to remember how it went (because I lost my notes from years back) so your summary is helpful. One comment, my recollection was that Robx7 didn't really use that rule to trade the index, it was a rule he used to trade a selection of ASX100 stocks (maybe even just the top 20) - I remember an impressive spreadsheet with live data feed that he showed covering those stocks. I thought the opener's rule worked better on stocks than the index because of lower volatility, but can't be sure on that.
Cheers, Sharks.
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