Based on intraday supply/demand dynamics, the model takes a fresh look at the market every morning to gauge if there’s enough counter-trend force to trigger a change in trend. If so, we look to establish a new position the following session at a similar or better price. Once in a position, we look to hold until an opposing signal is triggered. Cash is held occasionally but rarely for very long. Swing+1 utilizes the fewest inputs of all the models. Average gain 2x average loss and max drawdown 11%. Note from the equity curve below that drawdowns have historically been very short in duration… Original swing model is tracked here.
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