Trading System - Using Gaps To Return 24% p.a. And How To Code It In Amibroker
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This video shows you how to code a Gap Trading system, where we are expecting price to continue upwards if price makes a gap up. The coding of this trading system is done in Amibroker.
The results over the last 13 years are good - returning approximately 24% per annum on average, with the maximum drawdown at around 23%.
We add an index filter and position sizing of 5 percent in each stock. Buys and sells were set to "Next day on open" to simulate a real End Of Day system scan and trade.
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