Experimenting a New Squeeze Trigger Indicators, Back test probability of success is pretty low, But the Max profit / Max Draw down is Better than the odds, Net net results in a good profitable trade batch. Final Run of this test. Few more picks from this Trigger Indicator.
The Indicator, triggers fast breakout and stops quicker, but relatively catches major move. Expect to get stopped Many times, before it becomes profitable.
Of course, I am applying the strategy on one ticker a day selection basis. Involves Stock Selection {Manually}.
I will post the indicator if it is successful.
I will post the Test process here, if I see other good setup. I am not trading it, live.
Arrow Indicates Trigger Bar
The Indicator, triggers fast breakout and stops quicker, but relatively catches major move. Expect to get stopped Many times, before it becomes profitable.
Of course, I am applying the strategy on one ticker a day selection basis. Involves Stock Selection {Manually}.
I will post the indicator if it is successful.
I will post the Test process here, if I see other good setup. I am not trading it, live.
Arrow Indicates Trigger Bar
Uday C Santhakumar