This strategy uses divergence pattern to identify entry into a stock. I use CCI, MACD & Ergodic indicator, any 2 of 3 indicators forming divergence provides confirmation to avoid false positive. The strategy is based on custom indicator in which you can select the indicator (from range of indicators) to identify divergence pattern with Price.
The best results are obtained when I use daily data and CCI(40), MACD (12,9,26) & Ergodic(40,12).
Check for urself and please provide your feedback...
| Created By | isitpossible |
| NinjaTrader Version | 7 |
| File Size | 39.2 KB |
| Create Date | 07/14/2010 |
| # of Downloads | 5021 |
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