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Date/Time: Sat, 04 May 2024 22:05:56 +0000

Post From: x% Filter rule

[2016-02-24 08:57:42] Link To Thread - Link To Post [Go To First Post]
RosselCM - Posts: 4
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.