First of all, lets see what all the dictionary definitions are for the word algorithm.
Algorithm:
A set of rules for solving a problem in a finite number of steps, as for finding the greatest common divisor.
A detailed sequence of actions to perform to accomplish some task.
Compare heuristic a logical arithmetical or computational procedure that if correctly applied ensures the solution of a problem.
A finite set of unambiguous instructions performed in a prescribed sequence to achieve a goal, especially a mathematical rule or procedure used to compute a desired result. Algorithms are the basis for most computer programming.
A set of instructions for solving a problem, especially on a computer.
Mathematical algorithm is a set of rules for solving a math problem, if done properly, will give a correct answer each time. There are alot of steps to it.
A set of rules for solving a problem in a finite number of steps, as for finding the greatest common divisor.
As you can determine from the definitions listed above, the basic premise is that we have taken a step by step process and added some rule based functionality to allow us to find stocks that are showing trending behavior on an intraday basis. By creating an algorithm we have built a rule based trading system for day trading stocks that will enable the user to isolate the true strength of the trending stocks as the day progresses. This is the beauty to this system tool. The rules used to trade these trending momentum plays are built into the code so the user can follow a the plan with ease.
Go the the website and download the free report. take a few minutes to look at the system picks section and review some of the charts from December.