http://breakpointtrades.com
Here is a sample of their daily update:
http://breakpointtrades.com/controls/preview.php?la_id=686
This morning I'll include a FREE script that follows their mechanical systems for SRS, SKF, and the new FAZ system mentioned in their daily update today. I'll add Chris' clouds to it as I know you guys like the pretty clouds.
Here is what we have:
And finally the code:
declare upper;
input price = close;
input displace = 0;
input EMALength1 = 9;
input EMALength2 = 39;
plot upper = ExpAverage(data = price[-displace], length = EMALength1);
upper.SetDefaultColor(Color.RED);
plot lower = ExpAverage(data = price[-displace], length = EMALength2);
lower.SetDefaultColor(Color.BLUE);
AddCloud(upper,lower);
Trade the crossovers on a 15 minute chart (daily buy/sell, exit on close system). In the link above at about the 9:05 minute mark in the audio you can hear all about it.
SRS - 9/39 EMA
SKF - 29/86 EMA (so change EMALength1 to 29, EMALength2 to 86 on a 5 min chart)
breakpointtrades.com has a free trial period so sign up and see if you like it.
A little music to start you trading day.
