Combination 1#

This combines entry #29 and #12 from Kevin Davey’s book, Entry and Exit Confessions of a Champion Trader

Buy Rules#

  1. Previous Open is greater than current High.

  2. Current Open is greater than previous Close.

  3. Previous Low is greater than current Close.

  4. RSI(5) is less than 80.

  5. Close is greater than Average Close of 5 periods.

Sell Rules#

  1. Previous Open is less than current Low.

  2. Current Open is less than previous Close.

  3. Previous High is less than current Close.

  4. RSI(5) is greater than 20.

  5. Close is less than Average Close of 5 periods.

Sample Signal Points#

Pitter Pattern and RSI Trigger Points

Results#

Pitter Pattern and RSI Trigger Results

Source Code#

Here is the link to the source code for this zeta-zetra/code.