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Multiple Time Frame Momentum Strategy

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FIGURE 2.22 Indicator Settings Continue to Be Useful

DUAL TIME FRAME MOMENTUM STRATEGY RULES The Dual Time Frame Momentum Strategy identifies when a market is in a position to consider a trade. It is the first filter for a potential trade. It is one part of the trading plan that will have completely objective rules, regardless of which indicator is used. All you have to do is define what is a momentum reversal for the indicator you want to use, and you are set. If the indicator you use has overbought or oversold zones, you will incorporate them into the rules based on how the indicator typically acts and reacts to changes in momentum. First let’s take a look at the rules we would set up if using the DTosc, which tends to reach the overbought and oversold zones with most price swings. We can put the rules in

Profile for ERIC  Hunt

(wiley trading) robert c miner high probability trading strategies entry to exit tactics for the for  

(wiley trading) robert c miner high probability trading strategies entry to exit tactics for the for  

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