Saturday, January 24, 2009

HMA Cross Based ES/SPY Swing Trade System with $Tick Divergence Filter



ENTRY :

LOOK FOR POSITVE/NEGATIVE DIVERGENCE ON $TICK AND HACT CHART AND USE HACT COLOR SWITCH AND HMA9 CROSS AS ENTRY.

EXIT
HMA9 CROSS OR HACT COLOR SWITCH.

STOP,

1 PT LOWER/HIGHER THAN PREVIOUS LOW OR HIGH MARKET JUST MADE

PERIMETER

TICK OHLC/4
HMA1 (HULL MOVING AVERAGE) 9, 0, CLOSE
HMA2 (9,0, open)
HACT (HEIKIN ASHI CANDLE TECH)
ES/SPY 15 MIN CHART

REMINDER,
DIVERGENCE ON TICK DOES NOT ALWAYS LEAD TO TREND REVERSAL, SO YOU MUST ENTER THE TRADE AFTER YOU SEE A BUY/SELL SIGNAL FROM HMA CROSS AND HACT. $TICK DIVERGENCE IS JUST A FILTER HERE.

click for larger picture and leave me a comment if any question

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