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.
This alert is provided by trade-ideas.
More info for this alert.

Example of trade :

We have now a testing period from 14/10/2005 to 02/12/2005

Filters :
- Stock Price >1$
- Stock with a little spread
- Average $ Daily Volume > 10 000 000$
- Volatile Stock : Volatility > 0.4%

Here is the performance over the tested period

Trades of date 02-12-2005

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