Too Long; Didn't Read
The theory behind all these market types is this: Find out what type of market you are in, and then simply trade a system that is best suited for that market. Successful market regime trading depends on having a solid regime identification plan/technique — in near real time. The goal of this study is not to create a finalized, ready to trade strategy, but rather to do some research, and find out if taking only long trades in a bull market, and only short trades in bear markets, is something to consider.