No. of Recommendations: 6
Aguila asked: I get that, but what is the exit criteria? Until the next opposite signal? A certain number of days? Something else?
If you read the previous posts on the MTF, it provides the answer to your questions. It is basically taking the individual stocks in each index and determining whether each one is overbought or oversold, and then calculating the percentage that are on any given day. When this percentage hits a pre-determined level a signal is issued, either a buy or a sell.
Once the signal is issued you act on it in a disciplined and mechanical way either buying long the stocks in the list, or selling short. Rinse and repeat.
