Power Dip System FAQs
The Power Dip System is long only.
Buys weakness in strong stocks.
Sells positions into strength.
Produced over 400 trades in 2009.
Uses a liquidity and volume filter.
Doesn’t produce picks every day.
Works well with a percentage or volatility stop.
Can be traded as a system or not.
At a minimum should be traded with 10K, if traded as a system.
Should not be traded with one’s entire account.
Has an exit price threshold published and updated at every close, until the position is closed.
Does not scale in or out.
Entry signals published nightly.
Sends email alerts at 3:30 for any positions meeting the exit threshold.
Will have many models to consider for those who want to trade it as a system.
I’m sure there are more, but this is all I can think of right now. The The Power Dip System site will have more in depth FAQs as well as instructions for navigating the site.
Hi Wood,
What sw and database did you use to test this system?
Hello Tilo, sw is AmiBroker and database is from premiumdata.net, US History back to 1985 with delisted data.
Highly recommend both AmiB and Norgate (premiumdata).
People will love this system. Great work Holly-Wood. It’s red carpet treatment for you, here on out.
Excellent, Dr. Fly. I am working on the available models this weekend, and will get a post up showing what model results will be available on the PDS site.