John, Looked like getting out was a lot of the problem and was alluded to by gloe. Every normal fixed exit point seemed to leave a lot on the table (quite often) to me. I could not manage to get a trailing stop to work. A trailing stop by % might be useful, OR NOT. The problem with trailing stops appeared to be gaps and big reversal days. What do you think about that.
I am thinking the slingshot thing with cci(50) above 50/below -50, instead of zero, would give less triggers, but more likelihood of successful trades. The cci(6) dips/peaks certainly appear fairly often. I tried to use daily slingshot entries and 15 to 60 minute adx exits, but could never get my backtests to work out.
Stockcharts has an indicator called force which footquarters has had on some charts. The force (13) looked promising. I have played visually with Williams %R above/below zero and moving average cross' for Williams %R (30) and (50). Using them for exit on 30 to 90 min periods might offer something, but would not work for you, where the %/$ trailing stop could work for you.
Sheet, mon, IF I knew anything, I would be dangerous. 1% sure does not leave much margin for error, does it. With my luck, the 1% avg winners would habitually turn into 5% losers.
Thanks for all your effort!!
bobjack
