Wow, thirteen ideas, thirteen weeks, one quarter of a year, and three months. This week’s idea was the most difficult to define yet.
Several weeks ago, I presented a scalping idea: SAT2021-09 Moderate Scalp 1 . That idea was to take a trade with a small profit target, based on the position of the Kaufman’s Adaptive Moving Average (KAMA) within a bar. This week’s idea is a variation of that idea.
This week’s idea is another mean-reversion system, based on work of Larry Connors and Cesar Alvarez.
This week’s idea is from Technical Analysis of Stocks & Commodities (TASC) magazine’s website, https://traders.com. This is the second in a series of three system ideas that TASC features on their website.
This idea will use a relatively fast Kaufman’s Adaptive Moving Average (KAMA) and a profit target.