The article is available in the Jan09 issue of Stocks &  Commodities - you
have to subscribe to S&C. I think it would be quite difficult to automate as
it invloves trend lines on the indicator (RSI) and divergences. The idea is
that you can see when a trend is over for the RSI line: it has to break the
trend line and then to make a divergence; only from this moment can you look
at entry. 

 

Carl

 

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