20 Day Momentum Stop Loss

Hi All,

We go LONG tomorrow open if today close is greater than 20 days ago and we go SHORT tomorrow open if today close is lesser than 20 days ago.

That is essence of the 20 Day Momentum. But the question is about which technique can be combined to make the technique more profitable. Hence, Courtney mentioned in his video that Last Bar, Rejection Rule and Bishop Rule all helps this method becomes better.

Apparently, we do not use ADX Filter for this technique. Just follow the 1st statement :)

Your Friend,
Max Tay