caoy2009

spy on bollinger band and trading stop (0.5%)

AMEX:SPY   SPDR S&P 500 ETF TRUST
the trading stop (tsp) of (0.5%) in lower panel very well traces the spy, and bollinger band (20) in the upper pannel, together with MA(40, 70), MA70 is equivalent to MA(10) in daily chart (because 7 hours per day).

long spy when price above trailing stop, and sell when drop below tsp, be ware of double top, and false breakout.
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