PROPOSED FIRST BACKTEST: (FOR DISCUSSION)
1)WHILE PRICE (DAILY) CLOSES ABOVE 13 DAY EMA, ONLY LONG
2)CALCULATE 2 DAY EMA OF LOWS
3)RECORD ALL INSTANCES OF PRICE GETTING WITHIN .5 POINTS OF
2 DAY EMA OF LOWS, AND NOT GOING BELOW 2 DAY EMA OF LOWS
FOR NEXT 4 DAILY BARS.
STOPS:
FOR SAME PERIOD RECORD ALL INSTANCES OF PRICE ON PRESENT BAR REACHING BELOW
THE LOW OF 3 BARS AGO (DAILY)