文档介绍:Stocks & Commodities V. 20:8 (46-56): Developing A Trading System by Dennis D. Peterson
SYSTEM DESIGN
BRIAN AJHAR
Combining Stochastic RSI And Bollinger Bands
Developing A Trading System
If you’ve ever tried it, you know that developing a trading encode visual signals. In this article I will take two of the
system is no easy task. But you may find that following a series better-known technical indicators and go through the steps
of steps could help you reduce the learning curve. Here’s an involved in developing a trading system.
example. The two indicators I will be using are Bollinger Bands
and stochastic relative strength index (StochRSI). StochRSI,
by Dennis D. Peterson
bines the features of stochastics and RSI, was
here are three key features when es to detailed in Tushar S. Chande and Stanley Kroll’s book,
developing a trading system: entry and exit The New Technical Trader. I selected bination
signals, a plan for the type of stop, and a money because it is a useful way to determine when prices will
T management strategy. The first involves stop tagging a Bollinger Band and are likely to move all
generating the signals, which can be purely the way from one band to the next. Of course, those prices
visual, a result of technical indicators, or bination of may not move all the way, so you will need to use stops for
both. Most mechanical tra