Wednesday, October 27, 2004

QQQ System Triggers

I received QQQ triggers from four of my trading systems to go long at Thursday's open. All four systems are based on the following technicals that occurred today:

Truerange greater than 1.5 times the average true range.


Volume larger than 1.5 times the average volume.

Then all three diverge in the hopes of finding a small edge in trading the QQQ.

All four are short-term daily systems. Backtested win percentages of 78%, 83%, 87%, and 94%. Should be an interesting next few days.

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