Appreciate your comment. I know the system is too simple for most but it is working good for me and fits my trading style. Most traders perfer very complex charts and lots of action. I perfer simple.
I got caught y with the gap down, but that is just part of the game. Take the hit and move on to the next trade. System has been generating 50-100% gain a year. But it does require checking the computer 6 times a day. I have been lucky lately with using stops to make the right trade when I had to be gone for longer periods.