10 day low

asr: you need to back test this on a particular stock and see. also combine this with " ATR (no violation)/STOCastic oversold " and see

Here is one that is SIMPLE and EFFECTIVE.

Are you ready for this wonder of quantitative wizardry?

The 10 day low.

I programmed in a %true indicator with the 10 day low PCF
C < C9 AND C < C8 AND C < C7 AND C < C6 AND C < C5 AND C < C4 AND C < C3 AND C < C2 AND C < C1

this gives me a pink spike whenever the stock is at a 10 day low. The rules are that the security is above the 200 day avg. Buy near the close when this spike occurs. You're own your own with the exits.

Use this for strong stocks & market leaders to get in at a short term low.