DAX trading system

[silentbob]

It can work with other tickers also. One requirement - no 24-7 trading sessions.
It require sessions with gaps.
It is very simple system

If we see large opening gap, or (better) large counter trend gap (gap against direction of the last hours of the last session) we must enter at second min (or 5-min) bar and keep position till stoploss or to the end of first hour.

Anyone can make backtests and check. It works at DAX, FTSE and other tickers.
also, if anyone will check this at NYSE - it will be fine
Post your results please

 

[ffsear]

5 min charts is this?

 

[silentbob]

yes, 1min or 5 min
because you must detect gap and enter as fast as you can. Maybe, at 45 second of the first minute

 

[ffsear]

and your entering in the direction of the gap?

 

[silentbob]

right but for short time (one hour max - optimized parameter)