

On of our experts tested these two strategies. This example shows the LOHP strategy short selling in the same bull market as above. This example shows the HOLP buy strategy opening long positions in a bull market. The following examples show the good results that can be achieved with these strategies when the right strategy is used in the right market trend! It is simply the mirror strategy of the LOHP strategy. HOLP stands for "High of the Low Period". It does not use a profit target.ġ. The stop is set at the high of the bar that formed the highest high of the 20 periods.Ģ. If the position is still open two periods later, the stop is tightened to the high of the penultimate bar. The LOHP strategy only uses a stop loss to protect the position. Nevertheless, the strategy can be used in all time frames, including smaller time frames such as 60' or 30' minutes for intraday trading. He usually trades it on the basis of a daily chart. Carter applies this strategy to all instruments. Open a short position at the first closing price below this low. These are the criteria for a short sell signal:ġ. Find the highest closing price over the last 20 periods.Ģ. Identify the bar with the highest high of the last 20 periods.ģ. Identify the low of this bar. LOHP stands for "Low of the High Period".

The HOLP (buy) strategy and the LOHP (short sell) strategy LOHP This example of the S&P 500 shows a buy signal. It is a simple trading strategy, which tries to profit from irrational trading behaviour after 21:30. The strategy is applied to the two largest American stock market indices (Dow Jones and S&P 500). This day trading strategy focuses on the market action in the last 45 minutes of trading in the US markets.Ģ1:30 is generally known as the key time in late trading. Carter in his book "Mastering the trade". The 21:52 strategy was developed by trader and author John F.
#Martin schwartz trading strategy free
Carter and available free of charge in the NanoTrader ( free demo) trading platform: Carter's strategies have been included in NanoTrader. He describes techniques for trading intraday setups. Carter is the author of the book "Mastering the trade".
