Curious what your criteria is for crappy trading days. The following has worked well for me:
1. Stay out 11:30-2:00pm ET
2. 15min volume must> its 200MA
3. Swing volatility:
Use the following variables:
A=(Max high 15 bars) -(min low 15bars) on 1min time frame
B=60MA of A
C=500MA of A
Trade only when A>B>C
This will definitely miss some moves but will keep out of the crazy bipolar stop-n-start days. Always some tradeoff.
Note this would have reaped profits on a good day like 1/8, whereas a fairly crappy day like last Fri 1/11 would have been omitted. It also indicates when a crappy day turns into a good day.
Your ideas?
1. Stay out 11:30-2:00pm ET
2. 15min volume must> its 200MA
3. Swing volatility:
Use the following variables:
A=(Max high 15 bars) -(min low 15bars) on 1min time frame
B=60MA of A
C=500MA of A
Trade only when A>B>C
This will definitely miss some moves but will keep out of the crazy bipolar stop-n-start days. Always some tradeoff.
Note this would have reaped profits on a good day like 1/8, whereas a fairly crappy day like last Fri 1/11 would have been omitted. It also indicates when a crappy day turns into a good day.
Your ideas?
