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Here is a code for Linda's Anti Strategy found in the book Street Smarts: High Probability Short Term Trading Strategies.
There are 2 studies attached. One coded by Richard Houser ([email protected]) and one by me. They are very similar but Richard's code is cleaner.
The way it works is: when the red line starts to make a "hook" this is an early entry signal (good trade for 1 to 4 days); when the hook has already formed and is moving either up/down this is a later signal (good for 1 to 2 days).
One can edit the code to change the $K and %D if so choose.
Use it on the day.
I have used this on the 5 minute chart for scalping.
