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Overbought-Oversold Intraday Tradins Strategy |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #151 Posted: Tue Jul 14, 2015 8:23 am Post subject: |
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Amitsh27 wrote: | Thanks Reema
@vinay: seems the strategy soesnt work anymore...today sell came but neither SL nor tgt hit....finally exited at few points loss...any suggestions or tweak ? |
amit, I have never studied this strategy but I wonder why you are sure it "no longer" works unless it world famous for decades.
All well established strategies start failing after many years if too many people start using it and resultant high volume distorts the price trend. Also, the SL is now obvious to stop hunters. |
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