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Percent Asymmetric an indicator and strategy suitable for a beginner by Precision Trading Systems
2 years ago
7
Uses fixed percentages away from the last high or low to compute the stop level which went hit will flip the strategy from long to short and vice versa. Named as Percent Asymmetric because different percentage settings can be used for long and short and different trade sizes can be used for long and short trades.
In the video clip shown on speeded up data the buy size is 10 and short size is 5. This method is employed if a market has a general bias for going up.
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