This is courtesy of NQoos, who got it from GB

NQoos has a great Yahoo discussion group, http://groups.yahoo.com/group/NQoos/ . The 30/34 rules and other info are available here:  http://groups.yahoo.com/group/NQoos/files/Trading%20Systems%20MECHANICAL/ although I've replicated the info on this page.  There is also a TradeStation backtest result in Excel, which you can download here:  TS Backtest

30.34 is a swing trading systems developed by a trader with the handle gb007 who is often in the Paltalk  “Woodies CCI CLUB” room. gb007 decided to share this system with others with the idea that new traders would be able to generate a income while they learn trading. If you decide to trade the system please send thanks to gb007 for his sharing this system with all of us.

 The system works as follows: GB007 30.34 system

1. Based on trading 30 min bars with a 34 ema.

2. Go Long when the 30 min bar closes 1 point or more above the 34ema

3. After entry use a stop 5 points below the 34ema or if you get a reverse signal to go short, whichever occurs first.

4. Go Short when 30 min bar closes 1 point or more under the 34ema

5. After entry use a stop: 5 points above the ema or a reverse signal to go long. Whichever occurs first.