This strategy was featured in the August 2010 issue of Active Trader magazine.

Requires installed Community.Indicators

System Concept:
This system for weekly data modifies Welles Wilder's "Parabolic Time/Price" trading system and uses the Smoothed Parabolic indicator.

Strategy rules:

1. Go long next week with a stop order at the current smoothed-Parabolic level when the 10-week +DI is above the 10-week –DI and the current week's low is above the current smoothed-Parabolic value.
2. Sell next week with a stop order at the smoothed-Parabolic value of the current week.