In the latest Lazy Man study I’ve merged the old 3 Finger Lead concept with the Lazy Man (SPY, EEM, XLB, QQQQ and TLT) to forecast trade opportunities in the BZB Market Rotator portfolio of 13 ETFs and 1 stock (GE). These signals are completely independent of the Prognosticator signal but we’ll work on merging the two signals in later iterations of the Lazy Man. The study reflects a floating 16 month lookback of daily bars in the IWM and produces a trade about every 3 weeks with an average holding time of 13 days. The max consecutive losers on both the long and short sides is only 1, a metric that I always look at closely. This model contained no stops but a simple stop loss of $325 per 100 share position makes a dramatic improvement in the intraday drawdown.
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