Dear Traders,
my trading idea is to create a system for long-term end-of-day-trading.
I want to create a better system then buy and hold!
The base or the portfolio should be for example the Dow Jones Industrial Index with 30 stocks.
Rules: BUY
If the 200day moving averages of 20 out of 30 stocks of the Dow are rising and the closing price is above MA 200 -- its a buy
Rules: SELL
If 15 or more stocks are trading below the 200day moving average it is a sell.
The buy and sell signal for this system should be visible in the dow jones index.
I don`t know how to start ! Is it possible to create a system with all these rules or do I have to a Scan or do I need the explorer for.
Thanks for your help ! and don`t worry about my written english!!
MASIEGP
my trading idea is to create a system for long-term end-of-day-trading.
I want to create a better system then buy and hold!
The base or the portfolio should be for example the Dow Jones Industrial Index with 30 stocks.
Rules: BUY
If the 200day moving averages of 20 out of 30 stocks of the Dow are rising and the closing price is above MA 200 -- its a buy
Rules: SELL
If 15 or more stocks are trading below the 200day moving average it is a sell.
The buy and sell signal for this system should be visible in the dow jones index.
I don`t know how to start ! Is it possible to create a system with all these rules or do I have to a Scan or do I need the explorer for.
Thanks for your help ! and don`t worry about my written english!!
MASIEGP
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