Hello all,
I have a small question to ask.
I am trying to formulate a strategy, and I am half way there.
To be very brief, I would like to open a buy position when price has decreased by more than X%. The issue that I am having is related to price movement. I am looking for stability during the decreased in price. How do we measure stability during the decrease; I want price to decrease gradually. I do not want price to increase and then drop massively and trigger the "Decrease in Price".
Any ideas on how to measure price's stability?
Your help is highly appreciated.
Regards
I have a small question to ask.
I am trying to formulate a strategy, and I am half way there.
To be very brief, I would like to open a buy position when price has decreased by more than X%. The issue that I am having is related to price movement. I am looking for stability during the decreased in price. How do we measure stability during the decrease; I want price to decrease gradually. I do not want price to increase and then drop massively and trigger the "Decrease in Price".
Any ideas on how to measure price's stability?
Your help is highly appreciated.
Regards