Buy When S&P 500 Makes New Intraday High? (Intraday High Breakout Trading Strategy)
Rob Hannah has published a potential strategy on his blog Quantifiable Edges. The strategy buys when the S&P 500 makes a new high. I put a twist to it and made the following strategy: Today’s intraday high must be higher than the previous day’s five-day high. The IBS must be lower than 0.15. Exit when…