St. Louis
Experience: Beginner
Platform: thinkorswim, NT8
Trading: equity and fx futures and options
Posts: 137 since Sep 2013
Thanks Given: 99
Thanks Received: 192
|
@WoodyFox I'm not familiar with the strategy, but that looks like its over 3 std dev to me. its outside of the distribution's range.
I use a tool that's a cousin to it, measured moves inside and outside of yesterday's range. Its also a cousin to one of the pivot points tools, because the +/-150% are exactly correlated. I can't take the heat like you do though, so I'll give up at 25% of yesterday's range. 12.5% in bigger ranges like we've had recently.
|