Support Board
Date/Time: Sat, 28 Dec 2024 10:50:22 +0000
Post From: x% Filter rule
| [2016-02-24 08:57:42] |
| RosselCM - Posts: 4 |
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From one of my text books in finance; "x% Rules An x % rule states that you should go long (buy) in foreign currency after the foreign currency has appreciated relative to the dollar by x % above its most recent trough (or support level) and that you should go short (sell) in foreign currency whenever the currency falls x % below its most recent peak (or resistance level). Common x % rules are 1%, 2%, and so forth." I have been looking trough the Sierra Chart studies to find something like this. Apart from manually reading it of course which would be easy, is there a study to simply highlight it? Thank you. |