Birth of a new trading template

While doing my regular week end check I have fall onto a possible mid term trading template. In fact it is a version of the popular TTC-A (from dr. Cooper). I named it after myself TTC-D(ay).

It is quite simple and I will only put here the new parts (go and check TTC-A with dr. Cooper!):

• Choose only stocks that are in IBD Indsutry group A- or better.
• Weekly close is down, while volume is either down or average.
• W%R makes a dip (for long trades) under -50.
• Stock closes above SMA 7 day.
• Exit: when stock comes back below W%R -20 and closes below SMA 7 day.

That's it folk, back test a bit and go ahead!