Thursday’s High Tight Flags

I took a break from posting High Tight Flags, primarily because there weren’t very many popping up due to the recent market downtrend. Now, of course, they are popping up again.

I started working on how to backtest these, and it is not easy, at least not for me. It has required that I step out of my comfort zone and learn some new ways to use Amibroker Formula Language. It is a work in progress, but some time within the next couple of weeks I should have it complete. Of course there are no guarantees that once I can accurately backtest performance of these that the results will be stellar!