Richard Dennis's mechanical trading system with deterministic entry/exit rules and position sizing based on volatility.
By Richard Dennis
20-day high/low breakout
55-day high/low breakout
N = 20-day ATR
Entry ± 2N
10/20-day channels
These stocks have ALREADY broken out today (high > 20-day high OR high > 55-day high). Zero results is normal - breakouts are rare events.
Mechanical system: System 1 (20-day breakout, 2x ATR stop/target), System 2 (55-day breakout, 2x ATR stop/target). Position sizing by volatility.
Disclaimer: This scanner is for candidate identification only and should not be considered financial advice. Past performance does not guarantee future results. Always conduct your own research and consult with a financial advisor before making investment decisions.