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Date/Time: Tue, 30 Apr 2024 03:01:30 +0000



Post From: Back Testing

[2019-10-20 02:12:37]
Jeffrey S - Posts: 42
Could one of your technicians help me set up the following?

I'm interested in backtesting ES minis based fading the market after a % move from daily and weekly highs and lows. I would like to see how much the price breaks the levels created by the % moves and how much direction reverses after reaching the level created by the % move.

Daily Low
Moves up 1%, 1.5%, 2%, 2.5%, 3%, 3.5%. 4%, 4.5% and 5%

Daily High
Moves down 1%, 1.5%, 2%, 2.5%, 3%, 3.5%. 4%, 4.5% and 5%


Example:
Daily Low 2900
Prices moves up 2929
How much does price go through 2929 before reversing down?
How much does it reverse down before going back up?