FREE DAY TRADING SYSTEMS RESEARCH

Channel Breakout : (Trading System 2)

We look for stock that break an old channel.
We buy when the stock go quickly above resistance, we do not wait for a confirmation. We go long as soon
as the stock break its channel.

We will provide a realtime alerts for this trading system.

Example of trade :

We have now a testing period from 14/10/2005 to 25/11/2005

Filters :
- Stock Price >1$
- Stock with a little spread
- Average $ Daily Volume > 10 000 000$
- Volatile Stock

Note : This week, we have some missing data. Due to thanksgiving day the market were closed, also trade-ideas experienced some technical problems and were not avaible during wednesday.

Here is the performance over the tested period

Here is the percentage winning trade over the tested period

Trades of date 25-11-2005


Trades of date 23/11/2005

Click to see performance :

Last update of this trading system :
Channel breakout - Week 12
Channel breakout - Week 11
Channel breakout - Week 10
Channel breakout - Week 9
Channel breakout - Week 8
Channel breakout - Week 7
Channel breakout - Week 6
Channel breakout - Week 5
Channel breakout - Week 4
Channel breakout - Week 3
Channel breakout - Week 2