PROTECTED SOURCE SCRIPT

AP short strategy

By skynet970
Updated
This strategy generates sell signals in a trending market. The exit signals show weakness in the current trend and can also indicate reversal of the trend. If two signals are generated within a short span like between 10-12 candles with the price locked in a range, then it can be considered as a stronger signal.

The best parameters to use this strategy is on a 5 min time frame and the best time for the strategy is from morning 9:30 am to 2:30 pm.

This strategy can produce false signals in a sideways or choppy market. It works best on liquid stocks and high beta stocks.
Release Notes
We have increased the look back period for the signal line by 1.
BESTshortingstrategyTrend AnalysisVolatilityVolume
skynet970

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