I have been wondering about momentum systems for a while, so after hearing and learning about the differences between momentum and trend-following methods, I figured I would pick an idea from the ether and apply it to the forex markets.
This idea is another mean-reversion system based on work of Larry Connors and Cesar Alvarez, but with a wicked twist.
This idea is another mean-reversion system, based on work of Larry Connors and Cesar Alvarez.
Since I am primarily a futures trader, I wondered how well it would work on these markets, since a lot of these types of systems are written. Here is my first mean reversion system ever.