This strategy was featured in the January 2013 issue of Stocks & Commodities magazine.

Entry rules

1. Pullback entry:

   1. Buy at open next bar if the DMI Oscillator is above 0 and the DMI Stochastic crosses above 10.

   2. Short at open next bar if the DMI Oscillator is below 0 and the DMI Stochastic crosses below 90.

2. Countertrend entry:

   1. Short at open next bar if the DMI Oscillator crosses under -20.

   2. Buy at open next bar if the DMI Oscillator crosses above 20.

Exit rules

1. 1. 1. Fixed bars: exit at open next bar when the specified number of days has been reached.

      2. Profitable and Losing closes (profitable close is a close in the direction of a trade, vice versa for losing close):

         1. Exit at open next bar after reaching the specified number of profitable closes.

         2. Exit at open next bar after reaching the specified number of losing closes.