SMA Patterns

Ocean5 this is an end of day set up trading on the open the next day. Put a 4 6 8 moving average on the Russell 2000 advance decline. Using TC2000 data. When they all 3 go down the first day go long on the open. When they all 3 go up the first day go short on the open. Trading IWM.

I discovered this set up on 01/08/07 since then it is up 116% for an annual return of 21%. Since discovery it has had a 10.5 month drawdown.
 
Quote from 15rms:

Ocean5 this is an end of day set up trading on the open the next day. Put a 4 6 8 moving average on the Russell 2000 advance decline. Using TC2000 data. When they all 3 go down the first day go long on the open. When they all 3 go up the first day go short on the open. Trading IWM.

I discovered this set up on 01/08/07 since then it is up 116% for an annual return of 21%. Since discovery it has had a 10.5 month drawdown.

Hello.May I ask two questions,what is advance decline and what is the exit?
 
It would be best to google it and read a definitition on Wikipeida.

You would exit the long the same time you went short and vise versa.
 
Quote from 15rms:

It would be best to google it and read a definitition on Wikipeida.

You would exit the long the same time you went short and vise versa.

Ok.Thank you.
 
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