OK scientific traders - Connor's has research advocate rapid trading after extreme pullback with a holding period of 5-8 days might be optimal (tweaking the range with technical indicators). I am looking to set-up a simple, long-only test system that enters as buy: Cross(2,RSI(2)); - I copied from MS11 - Conners RSI System this would seem a reasonable entry; however, to test I need help constructing the exit as the follows: a. how would i write an arbitrary end at 6 days for Test A? b. how would i write an exit that would exit when the 2 period RSI above 70 or perhaps above the 5 day moving average for Test B? Good webinar on this topic at http://www.worden.com/Webinars/06_15_2010 Thanks scientists!

Thank you for the help john1! As I suspected, the indicator-directed exit did better in testing than the arbitrary days / bars of different links. I apprecite the help. I did not get to test the other part of his exiting suggestions - close above the 5 day moving average because I was not sure how to write it. Can you assist me in what I should use to test the other part of his hypothesis - exit when CLOSE above the 5 day moving average? Thank you!

Thanks John. I am grateful for your help. the > 70 produced the best results, but I am gald I tested because a few individual equities actually did better on exceeeding the 5 day. As a new user to MS, it is really great to have someone more experienced make sure you are testing the right formulas. Thanks!