With the markets in limbo, I’ll just continue to look at simple trading systems. This one will again use the Russell 2000 Small Cap Index, for no other reason than I already had the symbol up on my platform after running last night’s study, The Golden Cross: A Simple System for Trading the Russell 2000.
Entry [...]
On Thursday, September 18th, the Russell Small Cap Index generated a technical buy signal when the 50 day moving average (dma) crossed over the 200dma from below. This moving average cross is typically labeled a Golden Cross.
Has this signal truly been golden, for technical traders?
Entry Rules:
If 50dma crosses the 200dma from below, buy next market open.
$10,000 [...]
Alright folks. So you want the secret sauce? The je ne sais quoi? I will share with you a brand new system, which to my knowledge has never been published on the internets. The system is triggering an entry tomorrow. Feel free to erode the edge.
The Setup
The rules for this system require you to set [...]
More simple testing of what happens after price crosses a major moving average.
For this test, I used the $COMPX, tested from today to February 5, 1971.
Rules: Buy the next open after price closes above the 200 day average.
Sell the next open after price closes below the 200 day average.
$10,000 per trade.