Mark Shipman's Trading Strategy
Bloodsport ipod I’ve been inspired to develop this trading system based on Mark Shipman’s trend following system. The trading strategy involves trawling the market looking for stocks/indices that match a particular criteria. The Criteria is made up of a combination of indicators (ADX > 30 and rising, MDI, PDI, stock in pullback from 60 day high, Risk Ratio over 2, etc…etc..)
I have researched each indicator and then I have created a formula. When I run the formula against the list of market (filtered - because the spread betting company have to list the stock before they will take the bet) stock I get a handful of potential candidates back.