I often refer to "Triangle Buys/Sells" and provide charts with automated trading signals in support of various trades discussed. This refers to a mechanical trading system embedded in the Market Club trading charts, an advertiser by choice (my choice) on this site.
The triangles represent Daily or Weekly breakouts in the underlying security, including stocks, indexes, etf's, futures, on virtually any tradable that can be charted and for which data is available. If you're looking for a simple, automated, objective trading system, one that does all the thinking and is based on solid trend following criteria, the Triangles are worth consideration.
Note: My advertising deal with Market Club is based on traffic to and business generated from the ads on my site, but rest assured I have been using Market Club charts and Triangles for years now, far longer then they have been advertising on my site.
Here is an example of the past four months of Triangle Signals on NNVC (all signals are generated intraday and emailed to MC subscribers):
To illustrate the worth of these signals in a short-term trading regimen, here is a table that represents all of the above trades:
In summary, a Buy & Hold strategy on NNVC for the past four months would have resulted in a gain of $0.74, or 140%. Trading these signals for the same period would have resulted in a gain of $1.32, or 250%. But the big advantage here, is compounding. There are 15 trades and the average gain per trade is 10.91%. That's about 11% per week, trading about once per week.
The Triangles seem to work better on some stocks rather then others and I like using the Weekly chart signals which tend to trade less frequently. But I wanted to provide here an example of what can be done with simple, objective signals, for those so inclined.