US Tech 100 One-Minute Strategy Using Three-Bar Highs and Lows

Summary

This document adapts a three-day high-low method to one-minute bars on the US Tech 100. It enters long when price is above a 200-bar moving average but below a 5-bar average, while the highs and lows of three consecutive bars each decline relative to the preceding bar. Entries are restricted to a stated time window, and the example code applies a percentage loss stop.

The described exits include closing when price rises above the short moving average under a daily high-low condition, as well as an additional daily-range condition. The prose and code do not align perfectly: the prose gives a simpler moving-average exit, while the code adds daily high-low rules. No backtest, performance statistics, transaction costs, or market-specific validation are provided, so the claim that the method works well at this interval is unsupported by evidence in the document. The approach is presented as an implementation example rather than a demonstrated source of trading returns.

Key ideas

• The entry setup combines a long-term moving-average filter with a short-term pullback condition.
• Three successive bars must make lower highs and lower lows before a long entry.
• The code restricts new entries to a time window and specifies a percentage loss stop.
• The implementation includes daily high-low exit conditions beyond the prose description.
• The document gives no backtest evidence or cost analysis for the one-minute adaptation.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.