BIT 0.00% 3.0¢ biotron limited

chart daily, page-1266

  1. 774 Posts.
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    I want to try it over 20 trades...if it works at the same win loss ratio, I will put that method in HC for sure. And I don’t think it’s any revolutionary technique because all it uses is a couple of moving averages and a couple of rules on high/low/closing values in past two days to determine a possible reversal. I tried back testing this on some stocks I had...on some (e.g AWC) over a period of 6 months, it resulted in multiple trades, but a net loss of 16c per share, but in BHP it was a good solid win of $3 per share over the same time period. Net, it seems to need stocks which have fairly clear defined up and down trends for at least 6 days to work well. Anyway, I will put the rules here right after BIT crosses 10c wink.png

    GLTAH
 
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